Dynamic Technology Lab Private Ltd Buys Shares of 972 EMCOR Group, Inc. $EME

Dynamic Technology Lab Private Ltd bought a new stake in shares of EMCOR Group, Inc. (NYSE:EME) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 972 shares of the construction company’s stock, valued at approximately $631,000.

A number of other institutional investors and hedge funds have also made changes to their positions in EME. Main Street Group LTD lifted its holdings in shares of EMCOR Group by 110.0% in the 3rd quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock worth $27,000 after purchasing an additional 22 shares during the last quarter. Quent Capital LLC bought a new position in EMCOR Group during the 3rd quarter worth $29,000. Orion Capital Management LLC acquired a new stake in EMCOR Group in the third quarter worth $31,000. Tobam increased its position in EMCOR Group by 1,900.0% in the second quarter. Tobam now owns 80 shares of the construction company’s stock worth $43,000 after buying an additional 76 shares during the period. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in EMCOR Group in the second quarter valued at $43,000. 92.59% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at EMCOR Group

In other news, CEO Anthony Guzzi sold 36,000 shares of the company’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 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 legal filing with the SEC, which is accessible through this link. Company insiders own 1.26% of the company’s stock.

Wall Street Analysts Forecast Growth

EME has been the subject of several analyst reports. Zacks Research downgraded shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 19th. Stifel Nicolaus increased their price objective on shares of EMCOR Group from $754.00 to $814.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Cantor Fitzgerald began coverage on shares of EMCOR Group in a research report on Tuesday. They issued an “overweight” rating and a $848.00 price objective on the stock. 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 research note on Friday, February 27th. Finally, DA Davidson upped their target price 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. Nine research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $784.43.

EMCOR Group Stock Performance

Shares of EME stock opened at $723.64 on Wednesday. EMCOR Group, Inc. has a 1 year low of $320.89 and a 1 year high of $835.00. The firm has a market capitalization of $32.22 billion, a PE ratio of 25.63 and a beta of 1.16. The stock has a fifty day moving average of $722.68 and a two-hundred day moving average of $670.47.

EMCOR Group (NYSE:EME) last issued its quarterly earnings results 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 company had revenue of $4.51 billion for the quarter, compared to analyst estimates of $4.28 billion. EMCOR Group had a return on equity of 35.89% and a net margin of 7.49%.The company’s quarterly revenue was up 19.7% compared to the same quarter last year. During the same period last year, the company earned $6.32 earnings per share. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. Equities research analysts predict that EMCOR Group, Inc. will post 20.74 earnings per share for the current fiscal year.

EMCOR Group declared that its board has approved a share 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 buy up to 1.9% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

EMCOR Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, January 14th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.2%. 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. EMCOR Group’s dividend payout ratio is 5.67%.

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.