Gotham Asset Management LLC Buys 13,130 Shares of EMCOR Group, Inc. $EME

Gotham Asset Management LLC lifted its position in shares of EMCOR Group, Inc. (NYSE:EME) by 27.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 60,803 shares of the construction company’s stock after purchasing an additional 13,130 shares during the period. Gotham Asset Management LLC’s holdings in EMCOR Group were worth $39,494,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Main Street Group LTD boosted its holdings in shares of EMCOR Group by 110.0% in the 3rd quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock worth $27,000 after buying an additional 22 shares during the last quarter. Quent Capital LLC bought a new position in EMCOR Group in the 3rd quarter worth approximately $29,000. Orion Capital Management LLC bought a new position in shares of EMCOR Group in the third quarter worth $31,000. Twin Peaks Wealth Advisors LLC bought a new position in EMCOR Group in the 2nd quarter worth about $43,000. Finally, True Wealth Design LLC grew its stake in EMCOR Group by 333.3% during the third quarter. True Wealth Design LLC now owns 91 shares of the construction company’s stock valued at $59,000 after acquiring an additional 70 shares in the last quarter. Hedge funds and other institutional investors own 92.59% of the company’s stock.

Insider Activity

In related news, CEO Anthony Guzzi sold 36,000 shares of the stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $729.48, for a total value of $26,261,280.00. Following the completion of the transaction, the chief executive officer directly owned 170,299 shares in the company, valued at $124,229,714.52. This trade represents a 17.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.26% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a research report on Wednesday, January 21st. UBS Group increased their target price on shares of EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a report on Friday, March 6th. DA Davidson lifted their price target on EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. Robert W. Baird boosted their price objective on shares of EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a research report on Friday, February 27th. Finally, Cantor Fitzgerald began coverage on EMCOR Group in a research note on Tuesday, March 10th. They set an “overweight” rating and a $848.00 target price on the stock. Nine analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $784.43.

EMCOR Group Stock Up 0.0%

NYSE EME opened at $710.78 on Monday. EMCOR Group, Inc. has a twelve month low of $320.89 and a twelve month high of $835.00. The firm has a market capitalization of $31.65 billion, a PE ratio of 25.18 and a beta of 1.16. The stock’s 50 day moving average is $728.25 and its 200 day moving average is $672.50.

EMCOR Group (NYSE:EME) last posted its quarterly earnings data on Thursday, February 26th. The construction company reported $7.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.68 by $0.51. The business had revenue of $4.51 billion during the quarter, compared to the consensus estimate of $4.28 billion. EMCOR Group had a return on equity of 35.89% and a net margin of 7.49%.The firm’s quarterly revenue was up 19.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $6.32 earnings per share. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. On average, research analysts anticipate that EMCOR Group, Inc. will post 20.74 earnings per share for the current year.

EMCOR Group announced that its Board of Directors has authorized a share buyback program on Thursday, December 18th that allows the company to repurchase $500.00 million in outstanding shares. This repurchase authorization allows the construction company to buy up to 1.9% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s board believes its shares are undervalued.

EMCOR Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, January 14th were given a $0.40 dividend. The ex-dividend date of this dividend was Wednesday, January 14th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. This is a boost from EMCOR Group’s previous quarterly dividend of $0.25. EMCOR Group’s payout ratio is currently 5.67%.

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.