Cantor Fitzgerald Begins Coverage on EMCOR Group (NYSE:EME)

Equities research analysts at Cantor Fitzgerald initiated coverage on shares of EMCOR Group (NYSE:EME) in a research note issued on Tuesday, MarketBeat Ratings reports. The brokerage set an “overweight” rating and a $848.00 price target on the construction company’s stock. Cantor Fitzgerald’s target price suggests a potential upside of 17.75% from the stock’s previous close.

Several other research analysts have also issued reports on EME. Zacks Research lowered shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 19th. DA Davidson increased their price objective on shares of EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. UBS Group lifted their target price on shares of EMCOR Group from $900.00 to $945.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Robert W. Baird boosted their target price on shares of EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Finally, Stifel Nicolaus upped their price target on shares of EMCOR Group from $754.00 to $814.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Nine research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, EMCOR Group presently has an average rating of “Moderate Buy” and an average target price of $784.43.

EMCOR Group Stock Performance

NYSE EME opened at $720.15 on Tuesday. The firm’s fifty day moving average price is $724.84 and its two-hundred day moving average price is $670.81. The stock has a market cap of $32.07 billion, a PE ratio of 25.51 and a beta of 1.16. EMCOR Group has a fifty-two week low of $320.89 and a fifty-two week high of $835.00.

EMCOR Group (NYSE:EME) last released 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. EMCOR Group had a return on equity of 35.89% and a net margin of 7.49%.The company had revenue of $4.51 billion during the quarter, compared to the consensus estimate of $4.28 billion. During the same quarter in the prior year, the firm posted $6.32 earnings per share. The firm’s revenue was up 19.7% compared to the same quarter last year. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. As a group, sell-side analysts predict that EMCOR Group will post 20.74 earnings per share for the current fiscal year.

EMCOR Group declared that its Board of Directors has initiated a stock buyback plan on Thursday, December 18th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the construction company to reacquire up to 1.9% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

Insider Activity at EMCOR Group

In other EMCOR Group news, CEO Anthony Guzzi sold 36,000 shares of the company’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $729.48, for a total value of $26,261,280.00. Following the completion of the sale, the chief executive officer directly owned 170,299 shares of the company’s stock, valued at approximately $124,229,714.52. This represents a 17.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.83% of the stock is currently owned by corporate insiders.

Institutional Trading of EMCOR Group

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