Brokerages Set EMCOR Group, Inc. (NYSE:EME) Price Target at $784.43

EMCOR Group, Inc. (NYSE:EME) has been assigned a consensus recommendation of “Moderate Buy” from the thirteen research firms that are currently covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $784.4286.

A number of research analysts recently commented on EME shares. UBS Group boosted their price target on EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Zacks Research downgraded shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 19th. DA Davidson raised their target price on shares of EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a report on Friday, February 27th. Stifel Nicolaus boosted their target price 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. Finally, 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 report on Friday, February 27th.

EMCOR Group Trading Up 0.3%

Shares of EME stock opened at $728.69 on Friday. The stock has a market cap of $32.45 billion, a P/E ratio of 25.81 and a beta of 1.16. EMCOR Group has a 1 year low of $320.89 and a 1 year high of $835.00. The stock has a 50 day simple moving average of $731.18 and a 200 day simple moving average of $673.93.

EMCOR Group (NYSE:EME) last posted its quarterly earnings data on Thursday, February 26th. The construction company reported $7.19 EPS for the quarter, topping analysts’ consensus estimates of $6.68 by $0.51. The firm 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 revenue was up 19.7% on a year-over-year basis. During the same quarter last year, the company earned $6.32 EPS. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. Analysts forecast that EMCOR Group will post 20.74 EPS for the current year.

EMCOR Group announced that its board has authorized a stock repurchase program on Thursday, December 18th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the construction company to repurchase up to 1.9% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board of directors believes its shares are undervalued.

EMCOR Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, January 14th were given a dividend of $0.40 per share. This is an increase 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 (DPR) is presently 5.67%.

Insider Buying and Selling at EMCOR Group

In other EMCOR Group news, CEO Anthony Guzzi sold 36,000 shares of the firm’s stock in a transaction on 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 sale, the chief executive officer owned 170,299 shares of the company’s stock, valued at approximately $124,229,714.52. This trade represents a 17.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.26% of the company’s stock.

Hedge Funds Weigh In On EMCOR Group

A number of institutional investors have recently modified their holdings of the business. Swiss RE Ltd. bought a new position in EMCOR Group in the fourth quarter valued at about $25,000. Main Street Group LTD raised its stake in EMCOR Group by 110.0% during the third quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock worth $27,000 after acquiring an additional 22 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in shares of EMCOR Group in the fourth quarter worth about $26,000. Quent Capital LLC bought a new position in shares of EMCOR Group in the third quarter worth about $29,000. Finally, Zions Bancorporation National Association UT acquired a new stake in shares of EMCOR Group in the 4th quarter valued at approximately $28,000. Institutional investors and hedge funds 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.