EMCOR Group, Inc. $EME Shares Purchased by Amundi

Amundi raised its holdings in EMCOR Group, Inc. (NYSE:EME - Free Report) by 11.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 249,486 shares of the construction company's stock after purchasing an additional 25,995 shares during the period. Amundi owned about 0.57% of EMCOR Group worth $207,043,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Swiss RE Ltd. acquired a new stake in shares of EMCOR Group in the fourth quarter valued at about $25,000. Ascentis Independent Advisors purchased a new stake in shares of EMCOR Group during the first quarter worth about $27,000. NBH Bank acquired a new position in shares of EMCOR Group during the 2nd quarter worth about $27,000. Zions Bancorporation National Association UT acquired a new position in shares of EMCOR Group during the 4th quarter worth about $28,000. Finally, Basecamp Wealth Advisors LLC lifted its stake in EMCOR Group by 4,700.0% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 48 shares of the construction company's stock valued at $35,000 after buying an additional 47 shares in the last quarter. 92.59% of the stock is currently owned by hedge funds and other institutional investors.

EMCOR Group Price Performance

NYSE:EME opened at $772.34 on Wednesday. The firm has a market capitalization of $34.07 billion, a PE ratio of 24.02 and a beta of 1.13. EMCOR Group, Inc. has a 12 month low of $564.92 and a 12 month high of $951.96. The business's fifty day moving average price is $776.68 and its 200 day moving average price is $799.19.

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

EMCOR Group Announces Dividend

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

Analysts Set New Price Targets

A number of brokerages have recently issued reports on EME. Oppenheimer lifted their price target on EMCOR Group from $1,100.00 to $1,200.00 and gave the stock an "outperform" rating in a research note on Friday, July 31st. UBS Group upped their target price on shares of EMCOR Group from $975.00 to $1,065.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Zacks Research raised shares of EMCOR Group from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, June 30th. Weiss Ratings lowered shares of EMCOR Group from a "buy (b)" rating to a "buy (b-)" rating in a research note on Thursday, August 27th. Finally, DA Davidson set a $1,047.00 price target on EMCOR Group in a report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of $965.86.

Insider Buying and Selling at EMCOR Group

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

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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