Vise Technologies Inc. Acquires New Shares in EMCOR Group, Inc. $EME

Vise Technologies Inc. acquired a new position in shares of EMCOR Group, Inc. (NYSE:EME) in the 2nd quarter, HoldingsChannel.com reports. The fund acquired 4,429 shares of the construction company’s stock, valued at approximately $3,675,000.

A number of other institutional investors also recently bought and sold shares of the company. BlackRock Inc. purchased a new position in shares of EMCOR Group in the second quarter valued at $3,416,412,000. State Street Corp boosted its position in shares of EMCOR Group by 2.2% in the 4th quarter. State Street Corp now owns 1,893,792 shares of the construction company’s stock worth $1,158,603,000 after buying an additional 40,801 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of EMCOR Group by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 1,425,523 shares of the construction company’s stock worth $869,343,000 after buying an additional 7,790 shares in the last quarter. Victory Capital Management Inc. grew its stake in EMCOR Group by 34.5% in the 4th quarter. Victory Capital Management Inc. now owns 1,276,966 shares of the construction company’s stock valued at $781,239,000 after acquiring an additional 327,606 shares during the last quarter. Finally, Invesco Ltd. grew its stake in EMCOR Group by 10.5% in the 4th quarter. Invesco Ltd. now owns 799,271 shares of the construction company’s stock valued at $488,986,000 after acquiring an additional 75,692 shares during the last quarter. 92.59% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

EME has been the subject of a number of research reports. Stifel Nicolaus set a $918.00 target price on shares of EMCOR Group in a research report on Thursday, April 30th. Oppenheimer increased their price target on shares of EMCOR Group from $1,100.00 to $1,200.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Cantor Fitzgerald cut their price objective on EMCOR Group from $1,123.00 to $1,047.00 and set an “overweight” rating for the company in a research report on Monday, August 10th. Finally, UBS Group upped their target price on EMCOR Group from $975.00 to $1,065.00 and gave the company a “buy” rating in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $965.86.

Insider Buying and Selling at EMCOR Group

In other EMCOR Group news, Director Carol P. Lowe sold 950 shares of the stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $844.50, for a total transaction of $802,275.00. Following the transaction, the director owned 17,278 shares of the company’s stock, valued at $14,591,271. This represents a 5.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. 0.73% of the stock is currently owned by corporate insiders.

EMCOR Group Price Performance

NYSE:EME opened at $788.39 on Friday. The firm has a 50 day simple moving average of $798.27 and a 200-day simple moving average of $800.61. The firm has a market cap of $34.78 billion, a PE ratio of 24.52 and a beta of 1.14. EMCOR Group, Inc. has a 1-year low of $564.92 and a 1-year high of $951.96.

EMCOR Group (NYSE:EME) last announced its quarterly earnings data on Thursday, July 30th. The construction company reported $9.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.23 by $1.83. EMCOR Group had a net margin of 7.74% and a return on equity of 35.49%. The business had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $4.71 billion. During the same quarter in the prior year, the firm posted $6.72 earnings per share. The company’s quarterly revenue was up 19.7% compared to the same quarter last year. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. As a group, sell-side analysts expect that EMCOR Group, Inc. will post 33.04 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th were paid a dividend of $0.40 per share. 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, July 15th. EMCOR Group’s dividend payout ratio is currently 4.98%.

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.