Korea Investment CORP Acquires 7,499 Shares of EMCOR Group, Inc. $EME

Key Points

• Korea Investment CORP increased its stake in EMCOR by 13.7%, buying 7,499 shares in Q3 to hold 62,136 shares worth about $40.36 million (roughly 0.14% of the company).
• EMCOR beat quarterly expectations with EPS of $7.19 versus $6.68 and revenue of $4.51 billion (up 19.7% YoY), and set FY2026 guidance at $27.25–$29.25 EPS.
• CEO Anthony Guzzi sold 36,000 shares for $26.26 million (a 17.45% cut to his position), while the company raised its quarterly dividend to $0.40 and authorized a $500 million share buyback.

Korea Investment CORP increased its holdings in EMCOR Group, Inc. (NYSE:EME - Free Report) by 13.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,136 shares of the construction company's stock after acquiring an additional 7,499 shares during the quarter. Korea Investment CORP owned about 0.14% of EMCOR Group worth $40,360,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Great Lakes Advisors LLC boosted its position 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. raised its stake 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 buying an additional 106 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in EMCOR Group in the second quarter worth $459,000. Wedbush Securities Inc. grew its stake in shares of EMCOR Group by 4.3% in the second quarter. Wedbush Securities Inc. now owns 1,669 shares of the construction company's stock worth $893,000 after acquiring an additional 69 shares during the last quarter. Finally, Prospera Financial Services Inc increased its holdings in shares of EMCOR Group by 82.1% during the second quarter. Prospera Financial Services Inc now owns 2,749 shares of the construction company's stock valued at $1,471,000 after acquiring an additional 1,239 shares in the last quarter. Institutional investors own 92.59% of the company's stock.

EMCOR Group Stock Performance

Shares of EMCOR Group stock opened at $718.10 on Tuesday. The stock has a market cap of $31.98 billion, a P/E ratio of 25.44 and a beta of 1.16. The stock's fifty day moving average is $720.55 and its 200 day moving average is $669.67. EMCOR Group, Inc. has a one year low of $320.89 and a one year high of $835.00.

EMCOR Group (NYSE:EME - Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The construction company reported $7.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.68 by $0.51. EMCOR Group had a return on equity of 35.89% and a net margin of 7.49%.The business had revenue of $4.51 billion during the quarter, compared to analyst estimates of $4.28 billion. During the same quarter in the previous year, the company posted $6.32 earnings per share. EMCOR Group's revenue for the quarter was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. Analysts predict that EMCOR Group, Inc. will post 20.74 EPS for the current year.

EMCOR Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, January 14th were paid a dividend of $0.40 per share. This is a boost from EMCOR Group's previous quarterly dividend of $0.25. The ex-dividend date was Wednesday, January 14th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. EMCOR Group's dividend payout ratio is presently 5.67%.

EMCOR Group declared that its board has authorized a share buyback program on Thursday, December 18th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the construction company to repurchase up to 1.9% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board of directors believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on EME. Zacks Research downgraded shares of EMCOR Group from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, November 19th. Weiss Ratings reiterated a "buy (b)" rating on shares of EMCOR Group in a report on Wednesday, January 21st. Robert W. Baird boosted their price objective on shares of EMCOR Group from $713.00 to $808.00 and gave the stock an "outperform" rating in a report on Friday, February 27th. Stifel Nicolaus increased their target price on EMCOR Group from $754.00 to $814.00 and gave the company a "buy" rating in a research note on Monday, March 2nd. Finally, UBS Group lifted their target price on EMCOR Group from $900.00 to $945.00 and gave the stock a "buy" rating in a report on Friday. Eight research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, EMCOR Group has a consensus rating of "Moderate Buy" and an average target price of $773.83.

Insider Transactions at EMCOR Group

In other EMCOR Group news, CEO Anthony Guzzi sold 36,000 shares of the firm's stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $729.48, for a total transaction of $26,261,280.00. Following the sale, the chief executive officer owned 170,299 shares in the company, valued at approximately $124,229,714.52. This trade represents a 17.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.26% 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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