Sierra Summit Advisors LLC Boosts Position in EMCOR Group, Inc. $EME

Sierra Summit Advisors LLC raised its position in EMCOR Group, Inc. (NYSE:EME) by 7.3% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 16,264 shares of the construction company’s stock after acquiring an additional 1,106 shares during the quarter. EMCOR Group makes up 1.7% of Sierra Summit Advisors LLC’s portfolio, making the stock its 17th biggest holding. Sierra Summit Advisors LLC’s holdings in EMCOR Group were worth $12,008,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of EME. Wealth Enhancement Advisory Services LLC boosted its stake in shares of EMCOR Group by 12.9% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 12,149 shares of the construction company’s stock worth $7,972,000 after acquiring an additional 1,389 shares during the last quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund grew its position in shares of EMCOR Group by 100.0% during the 3rd quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 3,600 shares of the construction company’s stock valued at $2,338,000 after acquiring an additional 1,800 shares during the period. North Dakota State Investment Board purchased a new stake in shares of EMCOR Group in the 4th quarter worth $928,000. Munich Reinsurance Co Stock Corp in Munich purchased a new stake in shares of EMCOR Group in the 3rd quarter worth $8,874,000. Finally, LGT Group Foundation raised its holdings in EMCOR Group by 22.6% in the 3rd quarter. LGT Group Foundation now owns 14,340 shares of the construction company’s stock worth $9,392,000 after purchasing an additional 2,645 shares during the period. 92.59% of the stock is owned by hedge funds and other institutional investors.

EMCOR Group Price Performance

Shares of EME stock opened at $774.63 on Friday. EMCOR Group, Inc. has a one year low of $532.25 and a one year high of $951.96. The company’s fifty day moving average price is $855.90 and its 200-day moving average price is $769.17. The company has a market capitalization of $34.42 billion, a price-to-earnings ratio of 25.99 and a beta of 1.13.

EMCOR Group (NYSE:EME) last issued its earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share for the quarter, topping the consensus estimate of $5.90 by $0.94. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The company had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $4.20 billion. During the same quarter in the prior year, the firm posted $5.41 EPS. EMCOR Group’s quarterly revenue was up 19.7% compared to the same quarter last year. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. Equities research analysts expect that EMCOR Group, Inc. will post 29.37 earnings per share for the current fiscal year.

EMCOR Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be paid a $0.40 dividend. The ex-dividend date of this dividend is 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 is 5.37%.

Insider Transactions at EMCOR Group

In related news, Director William P. Reid sold 2,000 shares of the stock in a transaction dated 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 sale, the director owned 10,149 shares in the company, valued at approximately $9,395,741.22. This trade represents a 16.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Jason R. Nalbandian sold 800 shares of the stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $856.43, for a total value of $685,144.00. Following the sale, the chief financial officer owned 18,157 shares of the company’s stock, valued at $15,550,199.51. This represents a 4.22% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 10,027 shares of company stock valued at $8,957,466. 0.83% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on EME shares. Wall Street Zen upgraded EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Stifel Nicolaus set a $918.00 price target on EMCOR Group in a research report on Thursday, April 30th. Oppenheimer began coverage on EMCOR Group in a research note on Thursday, May 28th. They issued an “outperform” rating and a $1,100.00 price objective on the stock. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $1,123.00 price objective on shares of EMCOR Group in a research report on Tuesday, June 16th. Finally, Zacks Research upgraded EMCOR Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $871.25.

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.