6,909 Shares in EMCOR Group, Inc. $EME Acquired by Walleye Capital LLC

Walleye Capital LLC bought a new stake in shares of EMCOR Group, Inc. (NYSE:EME) in the 1st quarter, HoldingsChannel reports. The firm bought 6,909 shares of the construction company’s stock, valued at approximately $5,101,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of EME. Swiss RE Ltd. bought a new position in shares of EMCOR Group in the 4th quarter worth $25,000. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of EMCOR Group during the 4th quarter worth $26,000. Ascentis Independent Advisors bought a new stake in shares of EMCOR Group during the 1st quarter worth $27,000. Zions Bancorporation National Association UT purchased a new position in EMCOR Group in the fourth quarter worth $28,000. Finally, Activest Wealth Management grew its position in EMCOR Group by 800.0% in the fourth quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock worth $33,000 after acquiring an additional 48 shares in the last quarter. Hedge funds and other institutional investors own 92.59% of the company’s stock.

Analyst Upgrades and Downgrades

EME has been the topic of a number of research reports. Oppenheimer initiated coverage on EMCOR Group in a research report on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 price target on the stock. Wall Street Zen upgraded EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Stifel Nicolaus set a $918.00 price objective on EMCOR Group in a research report on Thursday, April 30th. Cantor Fitzgerald reissued an “overweight” rating and set a $1,123.00 price objective on shares of EMCOR Group in a report on Tuesday, June 16th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a research report on Friday, July 17th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, EMCOR Group currently has an average rating of “Moderate Buy” and a consensus price target of $871.25.

EMCOR Group Stock Down 0.5%

EMCOR Group stock opened at $756.59 on Thursday. The firm has a fifty day simple moving average of $818.84 and a two-hundred day simple moving average of $783.72. EMCOR Group, Inc. has a twelve month low of $563.20 and a twelve month high of $951.96. The company has a market capitalization of $33.62 billion, a PE ratio of 25.38 and a beta of 1.13.

EMCOR Group (NYSE:EME) last announced its quarterly earnings data on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.90 by $0.94. The firm had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $4.20 billion. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The company’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same period last year, the firm earned $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, equities analysts expect that EMCOR Group, Inc. will post 29.37 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Wednesday, July 15th. EMCOR Group’s payout ratio is 5.37%.

Insiders Place Their Bets

In other news, VP Robert Peter Lind sold 675 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $894.27, for a total value of $603,632.25. Following the transaction, the vice president owned 4,216 shares in the company, valued at approximately $3,770,242.32. This trade represents a 13.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director William P. Reid sold 2,000 shares of EMCOR Group stock in a transaction on Monday, May 11th. The stock was sold at an average price of $925.78, for a total transaction of $1,851,560.00. Following the completion of the transaction, the director directly owned 10,149 shares in the company, valued at approximately $9,395,741.22. The trade was a 16.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 10,027 shares of company stock worth $8,957,466. 0.73% of the stock is currently owned by corporate insiders.

EMCOR Group Company Profile

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.