Danske Bank A S Makes New Investment in EMCOR Group, Inc. $EME

Key Points

• Danske Bank purchased 28,779 EMCOR Group shares worth approximately $23.9 million, while institutional investors collectively own 92.59% of the company.
• Analysts remain positive on EMCOR, with a consensus “Buy” rating and an average price target of $965.86; UBS recently raised its target to $1,065.
• EMCOR exceeded quarterly expectations, reporting $9.06 in EPS and $5.15 billion in revenue, while revenue increased 19.7% year over year. The company also maintained FY 2026 EPS guidance of $32.00–$33.25.

Danske Bank A S purchased a new position in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 28,779 shares of the construction company's stock, valued at approximately $23,883,000. Danske Bank A S owned about 0.07% of EMCOR Group at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of EME. Great Lakes Advisors LLC increased its stake in shares of EMCOR Group by 32.3% in the 1st quarter. Great Lakes Advisors LLC now owns 590 shares of the construction company's stock worth $218,000 after purchasing an additional 144 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in EMCOR Group by 93.0% during the first quarter. Geneos Wealth Management Inc. now owns 220 shares of the construction company's stock valued at $81,000 after purchasing an additional 106 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in EMCOR Group during the second quarter valued at $459,000. Baird Financial Group Inc. grew its holdings in EMCOR Group by 5.0% during the second quarter. Baird Financial Group Inc. now owns 5,820 shares of the construction company's stock valued at $3,113,000 after purchasing an additional 275 shares during the period. Finally, Bank of Nova Scotia grew its holdings in EMCOR Group by 406.1% during the second quarter. Bank of Nova Scotia now owns 4,565 shares of the construction company's stock valued at $2,442,000 after purchasing an additional 3,663 shares during the period. Institutional investors own 92.59% of the company's stock.

Insider Transactions at EMCOR Group

In other EMCOR Group news, Director Carol P. Lowe sold 950 shares of the business's stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total value of $802,275.00. Following the sale, the director owned 17,278 shares in the company, valued at $14,591,271. The trade was a 5.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.73% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently commented on EME. UBS Group raised their price objective on EMCOR Group from $975.00 to $1,065.00 and gave the stock a "buy" rating in a research note on Friday, July 31st. DA Davidson set a $1,047.00 price objective on EMCOR Group in a research note on Monday, August 10th. Wall Street Zen upgraded EMCOR Group from a "hold" rating to a "buy" rating in a research note on Saturday, May 2nd. Weiss Ratings reissued a "buy (b)" rating on shares of EMCOR Group in a report on Friday, July 17th. Finally, Stifel Nicolaus set a $918.00 target price on shares of EMCOR Group in a research note on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $965.86.

EMCOR Group Trading Down 2.4%

NYSE:EME opened at $804.87 on Thursday. The stock has a 50-day moving average price of $798.75 and a 200 day moving average price of $800.14. The stock has a market capitalization of $35.50 billion, a P/E ratio of 25.03 and a beta of 1.14. EMCOR Group, Inc. has a 12-month low of $564.92 and a 12-month high of $951.96.

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

EMCOR Group Dividend Announcement

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