Landscape Capital Management L.L.C. Invests $1.76 Million in EMCOR Group, Inc. $EME

Landscape Capital Management L.L.C. purchased a new stake in shares of EMCOR Group, Inc. (NYSE:EME) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,123 shares of the construction company’s stock, valued at approximately $1,762,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Korea Investment CORP purchased a new stake in EMCOR Group in the 2nd quarter worth approximately $42,629,000. EP Wealth Advisors LLC purchased a new position in shares of EMCOR Group during the second quarter valued at approximately $855,000. Ieq Capital LLC bought a new position in shares of EMCOR Group during the second quarter valued at approximately $37,515,000. Callan Family Office LLC bought a new stake in EMCOR Group in the second quarter valued at $9,616,000. Finally, Expressive Wealth LLC bought a new stake in EMCOR Group in the second quarter valued at $611,000. Hedge funds and other institutional investors own 92.59% of the company’s stock.

Analysts Set New Price Targets

EME has been the subject of several research reports. Wall Street Zen upgraded shares of EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. UBS Group lifted their target price on shares of EMCOR Group from $975.00 to $1,065.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a research report on Friday, July 17th. Zacks Research raised shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Finally, Oppenheimer upped their target price on EMCOR Group from $1,100.00 to $1,200.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, EMCOR Group currently has an average rating of “Buy” and a consensus price target of $965.86.

EMCOR Group Stock Performance

EME stock opened at $777.68 on Friday. The firm has a 50 day moving average price of $797.37 and a 200-day moving average price of $800.45. EMCOR Group, Inc. has a 52-week low of $564.92 and a 52-week high of $951.96. The firm has a market capitalization of $34.30 billion, a price-to-earnings ratio of 24.19 and a beta of 1.14.

EMCOR Group (NYSE:EME) last issued its quarterly earnings results on Thursday, July 30th. The construction company reported $9.06 EPS for the quarter, topping analysts’ consensus estimates of $7.23 by $1.83. EMCOR Group had a return on equity of 35.49% and a net margin of 7.74%.The firm had revenue of $5.15 billion for the quarter, compared to analysts’ expectations of $4.71 billion. During the same period in the previous year, the firm posted $6.72 EPS. The business’s revenue for the quarter 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 forecast that EMCOR Group, Inc. will post 33.04 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Wednesday, July 15th. EMCOR Group’s payout ratio is 4.98%.

Insider Activity at EMCOR Group

In other news, Director Carol P. Lowe sold 950 shares of the firm’s 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 completion of the transaction, the director directly owned 17,278 shares in the company, valued at $14,591,271. This trade represents a 5.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.73% of the company’s stock.

EMCOR Group 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.