Caisse de depot et placement du Quebec Purchases Shares of 164,516 EMCOR Group, Inc. $EME

Caisse de depot et placement du Quebec purchased a new stake in EMCOR Group, Inc. (NYSE:EME) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 164,516 shares of the construction company’s stock, valued at approximately $136,529,000. Caisse de depot et placement du Quebec owned about 0.37% of EMCOR Group as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. North Dakota State Investment Board acquired a new stake in shares of EMCOR Group during the 4th quarter valued at about $928,000. Sapient Capital LLC acquired a new position in EMCOR Group in the second quarter worth about $5,962,000. Thrivent Financial for Lutherans raised its position in EMCOR Group by 663.4% in the fourth quarter. Thrivent Financial for Lutherans now owns 113,562 shares of the construction company’s stock worth $69,476,000 after purchasing an additional 98,687 shares in the last quarter. Chase Investment Counsel Corp lifted its stake in EMCOR Group by 152.1% during the fourth quarter. Chase Investment Counsel Corp now owns 2,849 shares of the construction company’s stock worth $1,742,000 after purchasing an additional 1,719 shares during the period. Finally, Passumpsic Savings Bank bought a new position in EMCOR Group during the fourth quarter worth about $1,726,000. 92.59% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on EME. UBS Group upped their price objective 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. Wall Street Zen upgraded EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Cantor Fitzgerald decreased their price target on EMCOR Group from $1,123.00 to $1,047.00 and set an “overweight” rating on the stock in a research note on Monday, August 10th. Oppenheimer upped their price target on 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. Finally, DA Davidson set a $1,047.00 price objective on EMCOR Group in a research note on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $965.86.

Insider Buying and Selling at EMCOR Group

In related news, Director Carol P. Lowe sold 950 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total value of $802,275.00. Following the completion of the transaction, the director owned 17,278 shares in the company, valued at $14,591,271. The trade was a 5.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.73% of the stock is currently owned by corporate insiders.

EMCOR Group Stock Performance

Shares of NYSE:EME opened at $765.27 on Thursday. The business has a fifty day moving average of $792.75 and a 200-day moving average of $801.64. EMCOR Group, Inc. has a twelve month low of $564.92 and a twelve month high of $951.96. The firm has a market cap of $33.76 billion, a PE ratio of 23.80 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 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.23 by $1.83. The business had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $4.71 billion. EMCOR Group had a net margin of 7.74% and a return on equity of 35.49%. 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 $6.72 EPS. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. On average, analysts anticipate that EMCOR Group, Inc. will post 33.04 EPS for the current fiscal year.

EMCOR Group Announces Dividend

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