Insider Selling: EMCOR Group (NYSE:EME) VP Sells $603,632.25 in Stock

EMCOR Group, Inc. (NYSE:EME) VP Robert Peter Lind sold 675 shares of the stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $894.27, for a total transaction of $603,632.25. Following the sale, the vice president directly owned 4,216 shares of the company’s stock, valued at approximately $3,770,242.32. This trade represents a 13.80% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

EMCOR Group Stock Performance

EME opened at $945.28 on Thursday. The firm has a 50 day moving average price of $779.38 and a 200 day moving average price of $710.78. The company has a market cap of $42.01 billion, a PE ratio of 31.71 and a beta of 1.17. EMCOR Group, Inc. has a 1 year low of $427.89 and a 1 year high of $951.96.

EMCOR Group (NYSE:EME) last announced its quarterly earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.90 by $0.94. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The firm had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $4.20 billion. During the same period in the prior year, the firm earned $5.41 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 28.250-29.750 EPS. On average, sell-side analysts predict that EMCOR Group, Inc. will post 28.67 earnings per share for the current year.

EMCOR Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Thursday, April 16th. EMCOR Group’s dividend payout ratio is 5.37%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of EME. Swiss RE Ltd. acquired a new position in shares of EMCOR Group during the fourth quarter valued at $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of EMCOR Group during the fourth quarter valued at $26,000. Main Street Group LTD boosted its holdings in shares of EMCOR Group by 110.0% during the third quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock valued at $27,000 after acquiring an additional 22 shares during the period. Ascentis Independent Advisors acquired a new position in shares of EMCOR Group during the first quarter valued at $27,000. Finally, Zions Bancorporation National Association UT acquired a new position in shares of EMCOR Group during the fourth quarter valued at $28,000. 92.59% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

EME has been the subject of several research analyst reports. Robert W. Baird increased their target price on EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a research note on Friday, February 27th. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a research note on Monday, April 20th. UBS Group raised their price objective on EMCOR Group from $900.00 to $945.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Zacks Research upgraded EMCOR Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 27th. Finally, Cantor Fitzgerald initiated coverage on EMCOR Group in a research note on Tuesday, March 10th. They set an “overweight” rating and a $848.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, EMCOR Group has a consensus rating of “Moderate Buy” and an average target price of $799.29.

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.