Aquatic Capital Management LLC Buys New Position in EMCOR Group, Inc. $EME

Aquatic Capital Management LLC acquired a new stake in shares of EMCOR Group, Inc. (NYSE:EME) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 10,044 shares of the construction company’s stock, valued at approximately $6,524,000.

A number of other hedge funds have also recently bought and sold shares of the company. Main Street Group LTD boosted its position in shares of 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 period. Quent Capital LLC acquired a new position in EMCOR Group in the third quarter worth approximately $29,000. Orion Capital Management LLC bought a new position in shares of EMCOR Group during the 3rd quarter valued at $31,000. Twin Peaks Wealth Advisors LLC bought a new position in EMCOR Group during the second quarter valued at about $43,000. Finally, True Wealth Design LLC lifted its position in shares of EMCOR Group by 333.3% in the third quarter. True Wealth Design LLC now owns 91 shares of the construction company’s stock worth $59,000 after buying an additional 70 shares during the last quarter. 92.59% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Anthony Guzzi sold 36,000 shares of EMCOR Group stock in a transaction dated 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 sale, the chief executive officer owned 170,299 shares of the company’s stock, valued at approximately $124,229,714.52. The trade was a 17.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.26% of the company’s stock.

EMCOR Group Stock Performance

Shares of EME opened at $710.78 on Monday. EMCOR Group, Inc. has a 52-week low of $320.89 and a 52-week high of $835.00. The stock has a 50 day simple moving average of $728.25 and a 200 day simple moving average of $672.50. The firm has a market capitalization of $31.65 billion, a PE ratio of 25.18 and a beta of 1.16.

EMCOR Group (NYSE:EME) last announced its earnings results on Thursday, February 26th. The construction company reported $7.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.68 by $0.51. The business 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%.EMCOR Group’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same quarter last year, the firm earned $6.32 EPS. 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 EPS for the current fiscal year.

EMCOR Group announced that its Board of Directors has initiated a share repurchase program on Thursday, December 18th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the construction company to purchase up to 1.9% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s leadership believes its stock is undervalued.

EMCOR Group Increases Dividend

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

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a report on Wednesday, January 21st. DA Davidson increased their price objective on shares of EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a research note on Friday, February 27th. Robert W. Baird boosted their price target on EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a research note on Friday, February 27th. Zacks Research downgraded shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 19th. Finally, Cantor Fitzgerald assumed coverage on EMCOR Group in a report on Tuesday, March 10th. They set an “overweight” rating and a $848.00 target price on the stock. Nine equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $784.43.

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.