Empirical Financial Services LLC d.b.a. Empirical Wealth Management Raises Stock Holdings in EMCOR Group, Inc. $EME

Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in EMCOR Group, Inc. (NYSE:EME) by 18.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,205 shares of the construction company’s stock after buying an additional 1,139 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in EMCOR Group were worth $4,408,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the stock. Great Lakes Advisors LLC lifted its holdings in shares of EMCOR Group by 32.3% in the 1st quarter. Great Lakes Advisors LLC now owns 590 shares of the construction company’s stock worth $218,000 after acquiring an additional 144 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in EMCOR Group by 93.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 220 shares of the construction company’s stock valued at $81,000 after purchasing an additional 106 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in EMCOR Group in the second quarter valued at approximately $459,000. Northwestern Mutual Wealth Management Co. raised its position in EMCOR Group by 34.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 457 shares of the construction company’s stock valued at $244,000 after purchasing an additional 117 shares during the period. Finally, Lido Advisors LLC acquired a new position in EMCOR Group during the second quarter worth $325,000. Hedge funds and other institutional investors own 92.59% of the company’s stock.

Insider Transactions at EMCOR Group

In other EMCOR Group news, CEO Anthony Guzzi sold 36,000 shares of the 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 sale, the chief executive officer owned 170,299 shares of the company’s stock, valued at $124,229,714.52. This trade represents a 17.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.83% of the stock is owned by corporate insiders.

EMCOR Group Stock Down 0.3%

NYSE:EME opened at $757.39 on Friday. EMCOR Group, Inc. has a 52 week low of $320.89 and a 52 week high of $835.00. The company has a fifty day simple moving average of $747.32 and a two-hundred day simple moving average of $682.78. The company has a market cap of $33.73 billion, a price-to-earnings ratio of 26.83 and a beta of 1.11.

EMCOR Group (NYSE:EME) last announced its quarterly earnings data on Thursday, February 26th. The construction company reported $7.19 earnings per share (EPS) for the quarter, beating 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% compared to the same quarter last year. During the same period last year, the firm earned $6.32 earnings per share. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. On average, analysts expect that EMCOR Group, Inc. will post 20.74 EPS for the current year.

EMCOR Group announced that its Board of Directors has authorized a stock buyback plan on Thursday, December 18th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the construction company to reacquire up to 1.9% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

Wall Street Analyst Weigh In

Several research analysts have recently commented on EME shares. Cantor Fitzgerald began coverage on EMCOR Group in a research report on Tuesday, March 10th. They set an “overweight” rating and a $848.00 price target for the company. Stifel Nicolaus increased their target price on EMCOR Group from $754.00 to $814.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a report on Wednesday, January 21st. DA Davidson lifted their target price on EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a research report on Friday, February 27th. Finally, Robert W. Baird boosted their price target on shares of EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a research note on Friday, February 27th. Nine analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, EMCOR Group currently has an average 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.