7,284 Shares in EMCOR Group, Inc. $EME Purchased by Horizon Investment Services LLC

Horizon Investment Services LLC acquired a new stake in EMCOR Group, Inc. (NYSE:EME) during the second quarter, according to its most recent 13F filing with the SEC. The fund acquired 7,284 shares of the construction company’s stock, valued at approximately $6,045,000. EMCOR Group accounts for 1.7% of Horizon Investment Services LLC’s portfolio, making the stock its 21st largest holding.

Several other institutional investors have also added to or reduced their stakes in the business. Whittier Trust Co. of Nevada Inc. boosted its position in EMCOR Group by 3.8% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 356 shares of the construction company’s stock worth $270,000 after purchasing an additional 13 shares during the period. PAX Financial Group LLC raised its position in shares of EMCOR Group by 3.6% in the fourth quarter. PAX Financial Group LLC now owns 404 shares of the construction company’s stock valued at $247,000 after purchasing an additional 14 shares during the period. First National Bank of Hutchinson lifted its stake in shares of EMCOR Group by 0.9% during the 4th quarter. First National Bank of Hutchinson now owns 1,614 shares of the construction company’s stock valued at $987,000 after buying an additional 15 shares in the last quarter. Advisors Capital Management LLC lifted its stake in shares of EMCOR Group by 3.4% during the 4th quarter. Advisors Capital Management LLC now owns 450 shares of the construction company’s stock valued at $275,000 after buying an additional 15 shares in the last quarter. Finally, KPP Advisory Services LLC boosted its holdings in EMCOR Group by 3.9% in the 4th quarter. KPP Advisory Services LLC now owns 399 shares of the construction company’s stock worth $244,000 after buying an additional 15 shares during the period. 92.59% of the stock is owned by hedge funds and other institutional investors.

EMCOR Group Trading Up 0.1%

Shares of NYSE:EME opened at $837.20 on Monday. The company has a 50 day moving average of $797.43 and a 200 day moving average of $797.89. The stock has a market cap of $36.93 billion, a P/E ratio of 26.04 and a beta of 1.14. EMCOR Group, Inc. has a 12 month low of $564.92 and a 12 month high of $951.96.

EMCOR Group (NYSE:EME) last posted its earnings results on Thursday, July 30th. The construction company reported $9.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.23 by $1.83. EMCOR Group had a net margin of 7.74% and a return on equity of 35.49%. The business had revenue of $5.15 billion for the quarter, compared to analysts’ expectations of $4.71 billion. During the same period in the prior year, the company posted $6.72 EPS. The business’s revenue for the quarter was up 19.7% compared to the same quarter last year. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. On average, equities analysts forecast that EMCOR Group, Inc. will post 33.04 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th were issued a $0.40 dividend. The ex-dividend date of this dividend was Wednesday, July 15th. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. EMCOR Group’s dividend payout ratio (DPR) is presently 4.98%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on EME shares. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a research note on Friday, July 17th. DA Davidson set a $1,047.00 price target on EMCOR Group in a report on Monday, August 10th. Stifel Nicolaus set a $918.00 price target on EMCOR Group in a research report on Thursday, April 30th. Cantor Fitzgerald decreased their price objective on EMCOR Group from $1,123.00 to $1,047.00 and set an “overweight” rating on the stock in a research note on Monday, August 10th. Finally, Zacks Research raised EMCOR Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $965.86.

Insider Buying and Selling at EMCOR Group

In other news, Director Carol P. Lowe sold 950 shares of EMCOR Group stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $844.50, for a total transaction of $802,275.00. Following the completion of the sale, the director owned 17,278 shares in the company, valued at approximately $14,591,271. This trade represents a 5.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.73% of the stock is currently owned by insiders.

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.