Avanza Fonder AB Takes $1.82 Million Position in EMCOR Group, Inc. $EME

Avanza Fonder AB bought a new stake in shares of EMCOR Group, Inc. (NYSE:EME) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,977 shares of the construction company’s stock, valued at approximately $1,821,000.

Several other hedge funds also recently bought and sold shares of EME. Great Lakes Advisors LLC lifted its position in shares of EMCOR Group by 32.3% in the first quarter. Great Lakes Advisors LLC now owns 590 shares of the construction company’s stock valued at $218,000 after acquiring an additional 144 shares in the last quarter. Geneos Wealth Management Inc. grew its position in shares of 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 purchasing an additional 106 shares in the last quarter. Sivia Capital Partners LLC bought a new stake in EMCOR Group during the 2nd quarter valued at approximately $459,000. MAI Capital Management raised its stake in EMCOR Group by 45.8% during the 2nd quarter. MAI Capital Management now owns 490 shares of the construction company’s stock valued at $262,000 after purchasing an additional 154 shares during the period. Finally, Coldstream Capital Management Inc. lifted its holdings in EMCOR Group by 1.4% in the 2nd quarter. Coldstream Capital Management Inc. now owns 4,517 shares of the construction company’s stock worth $2,416,000 after purchasing an additional 64 shares in the last quarter. Institutional investors own 92.59% of the company’s stock.

EMCOR Group Price Performance

NYSE EME opened at $761.98 on Wednesday. The stock has a market capitalization of $33.93 billion, a PE ratio of 26.99 and a beta of 1.16. The business has a 50 day simple moving average of $740.56 and a two-hundred day simple moving average of $678.12. EMCOR Group, Inc. has a 1-year low of $320.89 and a 1-year high of $835.00.

EMCOR Group (NYSE:EME) last issued its quarterly earnings data on Thursday, February 26th. The construction company reported $7.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.68 by $0.51. The business 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 company’s revenue for the quarter was up 19.7% on a year-over-year basis. During the same period in the prior year, the firm earned $6.32 EPS. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. On average, analysts anticipate that EMCOR Group, Inc. will post 20.74 EPS for the current fiscal year.

EMCOR Group declared that its Board of Directors has approved a share buyback plan on Thursday, December 18th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the construction company to buy up to 1.9% of its shares through open market purchases. Shares repurchase plans are generally an indication 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 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 dividend on an annualized basis and a yield of 0.2%. EMCOR Group’s payout ratio is currently 5.67%.

Insider Buying and Selling

In other EMCOR Group news, CEO Anthony Guzzi sold 36,000 shares of the stock in a transaction 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 completion of the transaction, the chief executive officer owned 170,299 shares in the company, valued at $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 available through this link. 1.26% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research firms have weighed in on EME. Stifel Nicolaus upped their price target on EMCOR Group from $754.00 to $814.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. DA Davidson boosted their target price on shares of EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a report on Friday, February 27th. UBS Group upped their target price on shares of EMCOR Group from $900.00 to $945.00 and gave the stock a “buy” rating in a research report on Friday, March 6th. Cantor Fitzgerald initiated coverage on shares of EMCOR Group in a research note on Tuesday, March 10th. They set an “overweight” rating and a $848.00 target price for the company. Finally, Robert W. Baird lifted their price target on shares of EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Nine research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $784.43.

EMCOR Group 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.