EMCOR Group (NYSE:EME) CEO Sells 36,000 Shares

EMCOR Group, Inc. (NYSE:EME) CEO Anthony Guzzi sold 36,000 shares of EMCOR Group stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $729.48, for a total value of $26,261,280.00. Following the transaction, the chief executive officer directly owned 170,299 shares in the company, valued at approximately $124,229,714.52. The trade was a 17.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

EMCOR Group Stock Performance

NYSE EME traded up $12.31 on Monday, reaching $718.10. The company’s stock had a trading volume of 391,139 shares, compared to its average volume of 391,424. EMCOR Group, Inc. has a twelve month low of $320.89 and a twelve month high of $835.00. The firm’s 50 day moving average is $718.67 and its two-hundred day moving average is $668.91. The stock has a market cap of $31.98 billion, a PE ratio of 25.44 and a beta of 1.16.

EMCOR Group (NYSE:EME) last announced its quarterly earnings data on Thursday, February 26th. The construction company reported $7.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.68 by $0.51. EMCOR Group had a net margin of 7.49% and a return on equity of 35.89%. The company had revenue of $4.51 billion for the quarter, compared to analysts’ expectations of $4.28 billion. During the same quarter in the previous year, the company posted $6.32 EPS. The business’s revenue was up 19.7% compared to the same quarter last year. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. Equities research analysts anticipate that EMCOR Group, Inc. will post 20.74 EPS for the current fiscal year.

EMCOR Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, January 14th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.2%. This is a positive change from EMCOR Group’s previous quarterly dividend of $0.25. The ex-dividend date was Wednesday, January 14th. EMCOR Group’s dividend payout ratio (DPR) is presently 5.67%.

EMCOR Group declared that its board has initiated a stock buyback plan on Thursday, December 18th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the construction company to reacquire up to 1.9% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board believes its shares are undervalued.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on EME. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research note on Wednesday, January 21st. UBS Group upped their target price on EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a report on Friday. Zacks Research lowered EMCOR Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 19th. DA Davidson lifted their price target on EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. Finally, Stifel Nicolaus upped their price objective on shares of EMCOR Group from $754.00 to $814.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Eight research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $773.83.

Institutional Trading of EMCOR Group

Several large investors have recently added to or reduced their stakes in the company. Great Lakes Advisors LLC lifted its holdings in shares of EMCOR Group by 32.3% in the first quarter. Great Lakes Advisors LLC now owns 590 shares of the construction company’s stock valued at $218,000 after purchasing an additional 144 shares in the last quarter. Geneos Wealth Management Inc. raised its position in EMCOR Group by 93.0% during the first quarter. Geneos Wealth Management Inc. now owns 220 shares of the construction company’s stock valued at $81,000 after buying an additional 106 shares during the period. Sivia Capital Partners LLC purchased a new stake in EMCOR Group in the 2nd quarter worth about $459,000. Bank of Montreal Can boosted its position in EMCOR Group by 115.8% during the 2nd quarter. Bank of Montreal Can now owns 28,958 shares of the construction company’s stock worth $15,489,000 after acquiring an additional 15,537 shares during the period. Finally, First Horizon Advisors Inc. grew its stake in EMCOR Group by 45.5% during the 2nd quarter. First Horizon Advisors Inc. now owns 339 shares of the construction company’s stock valued at $181,000 after acquiring an additional 106 shares in the last quarter. 92.59% of the stock is owned by institutional investors and hedge funds.

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.