Wealth Enhancement Advisory Services LLC Acquires 1,389 Shares of EMCOR Group, Inc. $EME

Wealth Enhancement Advisory Services LLC raised its holdings in EMCOR Group, Inc. (NYSE:EMEFree Report) by 12.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,149 shares of the construction company’s stock after purchasing an additional 1,389 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in EMCOR Group were worth $7,972,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Main Street Group LTD grew its holdings in EMCOR Group by 110.0% during the 3rd quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock worth $27,000 after acquiring an additional 22 shares during the last quarter. Quent Capital LLC bought a new stake in shares of EMCOR Group during the third quarter valued at approximately $29,000. Orion Capital Management LLC acquired a new stake in shares of EMCOR Group in the third quarter valued at approximately $31,000. Twin Peaks Wealth Advisors LLC acquired a new position in EMCOR Group during the 2nd quarter worth $43,000. Finally, True Wealth Design LLC boosted its position in EMCOR Group by 333.3% in the 3rd quarter. True Wealth Design LLC now owns 91 shares of the construction company’s stock valued at $59,000 after buying an additional 70 shares during the last quarter. Institutional investors own 92.59% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on EME shares. Cantor Fitzgerald assumed coverage on EMCOR Group in a report on Tuesday, March 10th. They issued an “overweight” rating and a $848.00 price target on the stock. Robert W. Baird lifted their price target on shares of EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a research report on Friday, February 27th. Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a report on Wednesday, January 21st. DA Davidson lifted their target price on shares of EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a report on Friday, February 27th. Finally, Stifel Nicolaus increased their price target on EMCOR Group from $754.00 to $814.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Nine research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, EMCOR Group currently has an average rating of “Moderate Buy” and an average price target of $784.43.

View Our Latest Stock Analysis on EMCOR Group

Insider Buying and Selling at EMCOR Group

In other news, CEO Anthony Guzzi sold 36,000 shares of EMCOR Group stock in a transaction dated Thursday, March 5th. The stock was 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 $124,229,714.52. The trade was a 17.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.83% of the stock is owned by company insiders.

EMCOR Group Stock Performance

EME opened at $733.42 on Friday. The firm’s fifty day moving average is $744.14 and its two-hundred day moving average is $679.80. The firm has a market cap of $32.66 billion, a PE ratio of 25.98 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:EMEGet Free Report) last released its quarterly earnings data on Thursday, February 26th. The construction company reported $7.19 EPS for the quarter, beating analysts’ consensus estimates of $6.68 by $0.51. The business had revenue of $4.51 billion during the quarter, compared to analysts’ expectations of $4.28 billion. EMCOR Group had a net margin of 7.49% and a return on equity of 35.89%. The firm’s quarterly revenue was up 19.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $6.32 EPS. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. Equities analysts forecast that EMCOR Group, Inc. will post 20.74 EPS for the current fiscal year.

EMCOR Group Increases Dividend

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

EMCOR Group declared that its Board of Directors has authorized a share buyback plan on Thursday, December 18th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the construction company to buy up to 1.9% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its stock is undervalued.

EMCOR Group Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for EMCOR Group (NYSE:EME)

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