Analysts Set EMCOR Group, Inc. (NYSE:EME) PT at $871.25

EMCOR Group, Inc. (NYSE:EME) has received a consensus recommendation of “Moderate Buy” from the eleven brokerages that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $871.25.

EME has been the subject of a number of analyst reports. Stifel Nicolaus set a $918.00 price objective on EMCOR Group in a report on Thursday, April 30th. Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a research report on Friday. Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Cantor Fitzgerald reiterated an “overweight” rating and issued a $1,123.00 target price on shares of EMCOR Group in a research report on Tuesday, June 16th. Finally, Zacks Research raised EMCOR Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th.

Insider Buying and Selling at EMCOR Group

In other EMCOR Group news, CFO Jason R. Nalbandian sold 800 shares of the business’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $856.43, for a total transaction of $685,144.00. Following the sale, the chief financial officer owned 18,157 shares of the company’s stock, valued at approximately $15,550,199.51. The trade was a 4.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Carol P. Lowe sold 950 shares of the business’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $844.50, for a total transaction of $802,275.00. Following the sale, the director directly owned 17,278 shares in the company, valued at approximately $14,591,271. The trade was a 5.21% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 10,027 shares of company stock worth $8,957,466 over the last 90 days. 0.73% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On EMCOR Group

Several hedge funds have recently modified their holdings of EME. Swiss RE Ltd. bought a new position in EMCOR Group in the fourth quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of EMCOR Group in the fourth quarter valued at approximately $26,000. Ascentis Independent Advisors bought a new position in EMCOR Group in the 1st quarter valued at approximately $27,000. Zions Bancorporation National Association UT bought a new position in EMCOR Group in the 4th quarter valued at approximately $28,000. Finally, Activest Wealth Management boosted its position in EMCOR Group by 800.0% during the 4th quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock worth $33,000 after buying an additional 48 shares during the period. Institutional investors and hedge funds own 92.59% of the company’s stock.

EMCOR Group Trading Up 0.1%

NYSE EME opened at $744.94 on Friday. EMCOR Group has a 1-year low of $540.00 and a 1-year high of $951.96. The company has a market capitalization of $33.11 billion, a price-to-earnings ratio of 24.99 and a beta of 1.13. The stock’s 50 day moving average is $825.48 and its two-hundred day moving average is $781.66.

EMCOR Group (NYSE:EME) last posted its earnings results on Wednesday, April 29th. The construction company reported $6.84 EPS for the quarter, topping the consensus estimate of $5.90 by $0.94. The business had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $4.20 billion. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.EMCOR Group’s revenue was up 19.7% on a year-over-year basis. During the same quarter last year, the company earned $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. On average, analysts predict that EMCOR Group will post 29.37 earnings per share for the current year.

EMCOR Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Wednesday, July 15th. EMCOR Group’s dividend payout ratio is currently 5.37%.

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.