CFO4Life Group LLC Acquires New Position in EMCOR Group, Inc. $EME

Key Points

• CFO4Life Group acquired 1,474 EMCOR Group shares worth approximately $1.22 million in the second quarter. Institutional investors collectively own 92.59% of the company.
• Analyst sentiment remains positive, with an average “Buy” rating and a consensus price target of $965.86; UBS recently raised its target to $1,065.
• EMCOR reported strong quarterly results, posting $9.06 EPS versus the $7.23 estimate and $5.15 billion in revenue, up 19.7% year over year. The company also declared a $0.40 quarterly dividend.

CFO4Life Group LLC acquired a new position in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 1,474 shares of the construction company's stock, valued at approximately $1,223,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Swiss RE Ltd. purchased a new stake in shares of EMCOR Group during the 4th quarter worth approximately $25,000. Ascentis Independent Advisors purchased a new position in EMCOR Group in the 1st quarter valued at approximately $27,000. Zions Bancorporation National Association UT purchased a new position in EMCOR Group in the 4th quarter valued at approximately $28,000. Activest Wealth Management raised its holdings in EMCOR Group by 800.0% during the fourth quarter. Activest Wealth Management now owns 54 shares of the construction company's stock worth $33,000 after purchasing an additional 48 shares during the last quarter. Finally, Basecamp Wealth Advisors LLC raised its holdings in EMCOR Group by 4,700.0% during the first quarter. Basecamp Wealth Advisors LLC now owns 48 shares of the construction company's stock worth $35,000 after purchasing an additional 47 shares during the last quarter. 92.59% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on EME. Zacks Research raised EMCOR Group from a "hold" rating to a "strong-buy" rating in a report on Tuesday, June 30th. Stifel Nicolaus set a $918.00 price objective on shares of EMCOR Group in a research report on Thursday, April 30th. UBS Group increased their price objective on shares of EMCOR Group from $975.00 to $1,065.00 and gave the company a "buy" rating in a research note on Friday, July 31st. Weiss Ratings restated a "buy (b)" rating on shares of EMCOR Group in a research report on Friday, July 17th. Finally, Cantor Fitzgerald lowered their price target on shares of EMCOR Group from $1,123.00 to $1,047.00 and set an "overweight" rating on the stock in a research report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Buy" and an average target price of $965.86.

Insiders Place Their Bets

In other news, Director Carol P. Lowe sold 950 shares of the firm's stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total transaction of $802,275.00. Following the completion of the transaction, the director owned 17,278 shares in the company, valued at approximately $14,591,271. This trade represents a 5.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.73% of the company's stock.

EMCOR Group Price Performance

Shares of EMCOR Group stock opened at $777.68 on Friday. EMCOR Group, Inc. has a 1-year low of $564.92 and a 1-year high of $951.96. The business has a 50-day moving average of $797.37 and a 200-day moving average of $800.45. The company has a market capitalization of $34.30 billion, a PE ratio of 24.19 and a beta of 1.14.

EMCOR Group (NYSE:EME - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The construction company reported $9.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.23 by $1.83. The business had revenue of $5.15 billion for the quarter, compared to analyst estimates of $4.71 billion. EMCOR Group had a return on equity of 35.49% and a net margin of 7.74%.The business's revenue was up 19.7% compared to the same quarter last year. During the same period in the prior year, the company posted $6.72 EPS. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. On average, equities analysts expect that EMCOR Group, Inc. will post 33.04 earnings per share for the current fiscal year.

EMCOR Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th were given a $0.40 dividend. The ex-dividend date was Wednesday, July 15th. This represents a $1.60 annualized dividend and a yield of 0.2%. EMCOR Group's payout ratio is 4.98%.

EMCOR Group Company Profile

EMCOR Group, Inc is a provider of mechanical and electrical construction, industrial and energy infrastructure, and facilities services to commercial, institutional and industrial clients. The company delivers a broad range of services that include design-build and traditional construction of mechanical, electrical and plumbing systems; ongoing facilities maintenance and operations; and specialized industrial services for sectors such as manufacturing, data centers, healthcare and utilities.

EMCOR's service offerings encompass HVAC, plumbing, electrical installation and maintenance, fire protection, building automation and controls, commissioning, testing and balancing, and energy management solutions.

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