SG Americas Securities LLC Increases Holdings in EMCOR Group, Inc. $EME

SG Americas Securities LLC grew its position in shares of EMCOR Group, Inc. (NYSE:EME) by 1,285.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 39,825 shares of the construction company’s stock after acquiring an additional 36,950 shares during the quarter. SG Americas Securities LLC’s holdings in EMCOR Group were worth $24,365,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Main Street Group LTD boosted its position in EMCOR Group by 110.0% in the third quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock worth $27,000 after purchasing an additional 22 shares during the last quarter. Quent Capital LLC bought a new stake in shares of EMCOR Group during the 3rd quarter valued at about $29,000. Orion Capital Management LLC purchased a new stake in shares of EMCOR Group during the 3rd quarter valued at about $31,000. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of EMCOR Group during the 2nd quarter valued at about $43,000. Finally, True Wealth Design LLC lifted its stake in shares of EMCOR Group by 333.3% in the 3rd quarter. True Wealth Design LLC now owns 91 shares of the construction company’s stock worth $59,000 after purchasing an additional 70 shares during the period. 92.59% of the stock is currently owned by hedge funds and other institutional investors.

EMCOR Group Stock Down 5.3%

EME stock opened at $723.92 on Friday. The business’s 50-day moving average price is $743.45 and its 200-day moving average price is $679.03. The stock has a market cap of $32.24 billion, a P/E ratio of 25.64 and a beta of 1.16. EMCOR Group, Inc. has a twelve month low of $320.89 and a twelve month high of $835.00.

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

EMCOR Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, January 14th were paid a $0.40 dividend. 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. The ex-dividend date of this dividend was Wednesday, January 14th. EMCOR Group’s dividend payout ratio is currently 5.67%.

EMCOR Group announced that its board has approved a share buyback plan on Thursday, December 18th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the construction company to purchase up to 1.9% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

Wall Street Analysts Forecast Growth

EME has been the topic of a number of research reports. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a report on Wednesday, January 21st. Cantor Fitzgerald assumed coverage on shares of EMCOR Group in a research report on Tuesday, March 10th. They issued an “overweight” rating and a $848.00 price target on the stock. Stifel Nicolaus lifted their price target on shares of EMCOR Group from $754.00 to $814.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. DA Davidson boosted their price objective on shares of EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a research report on Friday, February 27th. Finally, UBS Group boosted their price objective on shares of EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research report on Friday, March 6th. Nine investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, EMCOR Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $784.43.

Insider Activity at EMCOR Group

In related news, CEO Anthony Guzzi sold 36,000 shares of EMCOR Group stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $729.48, for a total transaction of $26,261,280.00. Following the transaction, the chief executive officer owned 170,299 shares in the company, valued at approximately $124,229,714.52. The trade was a 17.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.83% of the stock is 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.