Benchmark Investment Advisors LLC Takes $2.74 Million Position in EMCOR Group, Inc. $EME

Benchmark Investment Advisors LLC acquired a new position in EMCOR Group, Inc. (NYSE:EME) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,218 shares of the construction company’s stock, valued at approximately $2,740,000. EMCOR Group comprises approximately 1.6% of Benchmark Investment Advisors LLC’s holdings, making the stock its 21st largest position.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Great Lakes Advisors LLC increased its position in 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 buying an additional 144 shares during the period. Geneos Wealth Management Inc. increased its position in EMCOR Group by 93.0% during the first quarter. Geneos Wealth Management Inc. now owns 220 shares of the construction company’s stock worth $81,000 after acquiring an additional 106 shares during the period. Sivia Capital Partners LLC bought a new position in EMCOR Group during the second quarter worth $459,000. ProShare Advisors LLC raised its stake in EMCOR Group by 1.2% during the 2nd quarter. ProShare Advisors LLC now owns 1,984 shares of the construction company’s stock valued at $1,061,000 after purchasing an additional 24 shares during the last quarter. Finally, National Pension Service boosted its holdings in EMCOR Group by 2.0% in the 2nd quarter. National Pension Service now owns 29,702 shares of the construction company’s stock valued at $15,887,000 after purchasing an additional 591 shares during the period. Institutional investors own 92.59% of the company’s stock.

Insider Buying and Selling

In other EMCOR Group news, CEO Anthony Guzzi sold 36,000 shares of the 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 transaction, the chief executive officer owned 170,299 shares in the company, valued at $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 available at this hyperlink. Corporate insiders own 0.83% of the company’s stock.

Wall Street Analysts Forecast Growth

EME has been the topic of a number of recent research reports. 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, March 6th. Cantor Fitzgerald started coverage on shares of EMCOR Group in a research note on Tuesday. They issued an “overweight” rating and a $848.00 price objective for the company. Robert W. Baird lifted their target price on shares of EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a research report on Friday, February 27th. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research note on Wednesday, January 21st. Finally, DA Davidson raised their price target on shares of EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. Nine investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, EMCOR Group has a consensus rating of “Moderate Buy” and an average price target of $784.43.

EMCOR Group Stock Up 0.0%

NYSE EME opened at $710.78 on Friday. The firm’s 50 day moving average is $728.25 and its 200-day moving average is $671.79. The company has a market capitalization of $31.65 billion, a PE ratio of 25.18 and a beta of 1.16. EMCOR Group, Inc. has a 12-month low of $320.89 and a 12-month high of $835.00.

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

EMCOR Group declared that its board has approved a share repurchase program on Thursday, December 18th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the construction company to reacquire up to 1.9% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s management believes its shares are undervalued.

EMCOR Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, January 14th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. This is a boost from EMCOR Group’s previous quarterly dividend of $0.25. The ex-dividend date was Wednesday, January 14th. EMCOR Group’s dividend payout ratio is currently 5.67%.

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.