Barclays PLC Buys 82,341 Shares of EMCOR Group, Inc. $EME

Barclays PLC boosted its stake in shares of EMCOR Group, Inc. (NYSE:EME) by 192.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 125,042 shares of the construction company’s stock after buying an additional 82,341 shares during the period. Barclays PLC owned approximately 0.28% of EMCOR Group worth $81,220,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Great Lakes Advisors LLC increased its stake in EMCOR Group by 32.3% in the first quarter. Great Lakes Advisors LLC now owns 590 shares of the construction company’s stock worth $218,000 after purchasing an additional 144 shares during the period. Geneos Wealth Management Inc. grew its holdings in shares of EMCOR Group by 93.0% in the first quarter. Geneos Wealth Management Inc. now owns 220 shares of the construction company’s stock worth $81,000 after purchasing an additional 106 shares during the last quarter. Sivia Capital Partners LLC purchased a new position in EMCOR Group in the 2nd quarter worth about $459,000. Bank of Montreal Can increased its stake in EMCOR Group by 115.8% in the 2nd quarter. Bank of Montreal Can now owns 28,958 shares of the construction company’s stock worth $15,489,000 after buying an additional 15,537 shares during the period. Finally, First Horizon Advisors Inc. lifted its holdings in EMCOR Group by 45.5% during the 2nd quarter. First Horizon Advisors Inc. now owns 339 shares of the construction company’s stock valued at $181,000 after buying an additional 106 shares in the last quarter. 92.59% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

EMCOR Group Stock Performance

Shares of EME opened at $705.74 on Monday. The company has a 50 day moving average price of $718.67 and a 200-day moving average price of $668.91. EMCOR Group, Inc. has a fifty-two week low of $320.89 and a fifty-two week high of $835.00. The stock has a market capitalization of $31.43 billion, a PE ratio of 25.00 and a beta of 1.16.

EMCOR Group (NYSE:EME) last issued its quarterly earnings data 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. The company had revenue of $4.51 billion for the quarter, compared to analyst estimates of $4.28 billion. EMCOR Group had a net margin of 7.49% and a return on equity of 35.89%. EMCOR Group’s revenue was up 19.7% compared to the same quarter last year. During the same period last year, the company posted $6.32 earnings per share. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. Equities research analysts forecast 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 an increase 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 (DPR) is currently 5.67%.

EMCOR Group announced that its board has approved a stock buyback plan on Thursday, December 18th that permits the company to buyback $500.00 million in shares. This buyback authorization permits the construction company to purchase up to 1.9% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s board believes its stock is undervalued.

About EMCOR Group

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.