EMCOR Group, Inc. (NYSE:EME) Receives Average Recommendation of “Moderate Buy” from Analysts

EMCOR Group, Inc. (NYSE:EME) has earned a consensus rating of “Moderate Buy” from the thirteen research firms that are covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $784.4286.

EME has been the topic of a number of recent research reports. Robert W. Baird increased their price objective on EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a research report on Friday, February 27th. DA Davidson increased their price objective on EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a research report on Friday, February 27th. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a research report on Wednesday, January 21st. Stifel Nicolaus increased their price objective on EMCOR Group from $754.00 to $814.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Finally, UBS Group increased their price objective on EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research report on Friday, March 6th.

EMCOR Group Price Performance

NYSE EME opened at $789.49 on Thursday. The firm has a market cap of $35.16 billion, a PE ratio of 27.97 and a beta of 1.11. EMCOR Group has a one year low of $349.78 and a one year high of $835.00. The stock’s 50 day simple moving average is $751.49 and its 200 day simple moving average is $687.05.

EMCOR Group (NYSE:EME) last released its quarterly earnings results 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 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% on a year-over-year basis. During the same period in the prior year, the company earned $6.32 EPS. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. As a group, equities analysts expect that EMCOR Group will post 20.74 earnings per share for the current year.

EMCOR Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Thursday, April 16th. EMCOR Group’s dividend payout ratio (DPR) is presently 5.67%.

EMCOR Group declared that its Board of Directors has approved a share 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 purchase up to 1.9% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

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 stock was sold at an average price of $729.48, for a total value of $26,261,280.00. Following the transaction, the chief executive officer directly owned 170,299 shares in the company, valued at approximately $124,229,714.52. This trade represents a 17.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.83% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Purpose Unlimited Inc. acquired a new position in shares of EMCOR Group in the 4th quarter valued at $245,000. Hsbc Holdings PLC lifted its stake in shares of EMCOR Group by 23.1% in the 4th quarter. Hsbc Holdings PLC now owns 129,520 shares of the construction company’s stock valued at $79,301,000 after purchasing an additional 24,323 shares during the period. Stance Capital LLC acquired a new position in shares of EMCOR Group in the 4th quarter valued at $1,336,000. Forty three Eighteen Advisors LLC acquired a new position in shares of EMCOR Group in the 4th quarter valued at $737,000. Finally, Rockefeller Capital Management L.P. lifted its stake in shares of EMCOR Group by 11.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 6,970 shares of the construction company’s stock valued at $4,265,000 after purchasing an additional 738 shares during the period. 92.59% of the stock is currently owned by institutional investors.

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.