Cooper Financial Group Trims Position in EMCOR Group, Inc. $EME

Cooper Financial Group lowered its position in shares of EMCOR Group, Inc. (NYSE:EME) by 51.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 778 shares of the construction company’s stock after selling 829 shares during the quarter. Cooper Financial Group’s holdings in EMCOR Group were worth $476,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Asahi Life Asset Management CO. LTD. acquired a new position in shares of EMCOR Group during the 3rd quarter valued at $445,000. Machina Capital S.A.S. purchased a new stake in EMCOR Group during the 3rd quarter worth $1,074,000. Donoghue Forlines LLC acquired a new stake in EMCOR Group in the 3rd quarter valued at $2,221,000. B. Riley Wealth Advisors Inc. purchased a new position in EMCOR Group in the second quarter valued at about $995,000. Finally, Exchange Traded Concepts LLC purchased a new position in EMCOR Group in the third quarter valued at about $528,000. 92.59% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on EME shares. Cantor Fitzgerald started coverage on EMCOR Group in a research report on Tuesday, March 10th. They issued an “overweight” rating and a $848.00 target price for the company. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a report on Wednesday, January 21st. Robert W. Baird boosted their price target on EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a research report on Friday, February 27th. DA Davidson upped their price target on EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a report on Friday, February 27th. Finally, UBS Group increased 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, March 6th. Nine research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $784.43.

EMCOR Group Trading Down 3.3%

Shares of NYSE:EME opened at $726.57 on Monday. The firm has a market cap of $32.36 billion, a PE ratio of 25.74 and a beta of 1.16. The company has a fifty day simple moving average of $737.03 and a 200 day simple moving average of $676.41. EMCOR Group, Inc. has a 12-month low of $320.89 and a 12-month high of $835.00.

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

EMCOR Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, January 14th were given a dividend of $0.40 per share. 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 is 5.67%.

EMCOR Group declared that its Board of Directors has approved a stock repurchase program on Thursday, December 18th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the construction company to buy up to 1.9% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling

In related news, CEO Anthony Guzzi sold 36,000 shares of EMCOR Group stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $729.48, for a total value of $26,261,280.00. Following the completion of the transaction, the chief executive officer directly owned 170,299 shares in the company, valued at approximately $124,229,714.52. This trade represents a 17.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.83% of the company’s stock.

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.