EMCOR Group (NYSE:EME) CEO Anthony Guzzi Sells 36,000 Shares of Stock

EMCOR Group, Inc. (NYSE:EME) 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 completion of the transaction, the chief executive officer owned 170,299 shares in the company, valued at $124,229,714.52. The trade was a 17.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

EMCOR Group Stock Up 1.7%

EME opened at $718.10 on Tuesday. EMCOR Group, Inc. has a 52-week low of $320.89 and a 52-week high of $835.00. The company has a 50 day moving average of $720.55 and a two-hundred day moving average of $669.67. The company has a market cap of $31.98 billion, a P/E ratio of 25.44 and a beta of 1.16.

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

EMCOR Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, January 14th were given a $0.40 dividend. The ex-dividend date of this dividend was Wednesday, January 14th. This is a positive change from EMCOR Group’s previous quarterly dividend of $0.25. This represents a $1.60 annualized dividend 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 initiated a share repurchase plan on Thursday, December 18th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the construction company to buy up to 1.9% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in EME. Swiss RE Ltd. bought a new position in shares of EMCOR Group during the fourth quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC bought a new stake in EMCOR Group in the fourth quarter valued at about $26,000. Main Street Group LTD raised its stake in EMCOR Group by 110.0% during the third quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock valued at $27,000 after buying an additional 22 shares in the last quarter. Zions Bancorporation National Association UT acquired a new stake in EMCOR Group during the fourth quarter valued at approximately $28,000. Finally, Quent Capital LLC bought a new position in EMCOR Group during the 3rd quarter worth approximately $29,000. 92.59% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Stifel Nicolaus upped their price target on EMCOR Group from $754.00 to $814.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. UBS Group lifted their price target on shares of EMCOR Group from $900.00 to $945.00 and gave the stock a “buy” rating in a research note on Friday. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a report on Wednesday, January 21st. DA Davidson upped their price objective on shares of EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a research report on Friday, February 27th. Finally, Zacks Research downgraded EMCOR Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 19th. Eight research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, EMCOR Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $773.83.

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.