Nykredit A S Buys Shares of 22,224 EMCOR Group, Inc. $EME

Key Points

• Nykredit A/S acquired 22,224 EMCOR Group shares worth approximately $18.4 million in the second quarter, while institutional investors collectively owned 92.59% of the company.
• EMCOR reported a strong quarter, with EPS of $9.06 beating estimates of $7.23 and revenue of $5.15 billion exceeding forecasts; revenue increased 19.7% year over year.
• The stock opened at $753.90, below analysts’ consensus price target of $965.86. Analysts maintain an overall “Buy” rating, while EMCOR pays a quarterly dividend of $0.40 per share.

Nykredit A S bought a new stake in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 22,224 shares of the construction company's stock, valued at approximately $18,443,000. Nykredit A S owned 0.05% of EMCOR Group as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. B. Metzler seel. Sohn & Co. AG raised its holdings in shares of EMCOR Group by 11.0% in the 2nd quarter. B. Metzler seel. Sohn & Co. AG now owns 13,003 shares of the construction company's stock worth $10,791,000 after purchasing an additional 1,293 shares during the period. Symphony Financial Ltd. Co. grew its holdings in EMCOR Group by 7.9% during the second quarter. Symphony Financial Ltd. Co. now owns 439 shares of the construction company's stock valued at $363,000 after purchasing an additional 32 shares during the period. Keeler Thomas Management LLC increased its position in EMCOR Group by 6.9% in the second quarter. Keeler Thomas Management LLC now owns 4,127 shares of the construction company's stock worth $3,425,000 after buying an additional 265 shares during the last quarter. Proficio Capital Partners LLC bought a new stake in shares of EMCOR Group in the second quarter valued at $244,000. Finally, Rehmann Capital Advisory Group raised its stake in shares of EMCOR Group by 5.8% in the second quarter. Rehmann Capital Advisory Group now owns 690 shares of the construction company's stock valued at $573,000 after buying an additional 38 shares during the period. Hedge funds and other institutional investors own 92.59% of the company's stock.

Insider Activity

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 value of $802,275.00. Following the completion of 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.73% of the company's stock.

EMCOR Group Price Performance

EMCOR Group stock opened at $753.90 on Friday. EMCOR Group, Inc. has a one year low of $564.92 and a one year high of $951.96. The business has a fifty day moving average price of $779.10 and a 200-day moving average price of $799.59. The firm has a market capitalization of $33.25 billion, a P/E ratio of 23.45 and a beta of 1.13.

EMCOR Group (NYSE:EME - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The construction company reported $9.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $7.23 by $1.83. The company 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 firm's revenue for the quarter was up 19.7% compared to the same quarter last year. During the same period in the previous year, the company posted $6.72 EPS. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. Sell-side analysts expect that EMCOR Group, Inc. will post 33.04 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

The company also recently declared 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 dividend on an annualized basis 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%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Cantor Fitzgerald cut their price target on EMCOR Group from $1,123.00 to $1,047.00 and set an "overweight" rating for the company in a research note on Monday, August 10th. Oppenheimer boosted their price objective on EMCOR Group from $1,100.00 to $1,200.00 and gave the company an "outperform" rating in a research note on Friday, July 31st. Weiss Ratings downgraded shares of EMCOR Group from a "buy (b)" rating to a "buy (b-)" rating in a report on Thursday, August 27th. DA Davidson set a $1,047.00 target price on shares of EMCOR Group in a research report on Monday, August 10th. Finally, Zacks Research upgraded shares of EMCOR Group from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, June 30th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Buy" and a consensus target price of $965.86.

EMCOR Group 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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