Swiss Life Asset Management Ltd Buys 1,984 Shares of EMCOR Group, Inc. $EME

Swiss Life Asset Management Ltd raised its stake in EMCOR Group, Inc. (NYSE:EME) by 8.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,083 shares of the construction company’s stock after buying an additional 1,984 shares during the period. Swiss Life Asset Management Ltd’s holdings in EMCOR Group were worth $15,346,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Austin Private Wealth LLC increased its holdings in shares of EMCOR Group by 3.6% in the 4th quarter. Austin Private Wealth LLC now owns 437 shares of the construction company’s stock worth $267,000 after buying an additional 15 shares during the last quarter. First National Bank of Hutchinson increased its holdings in shares of EMCOR Group by 0.9% in the 4th quarter. First National Bank of Hutchinson now owns 1,614 shares of the construction company’s stock worth $987,000 after buying an additional 15 shares during the last quarter. Advisors Capital Management LLC increased its holdings in shares of EMCOR Group by 3.4% in the 4th quarter. Advisors Capital Management LLC now owns 450 shares of the construction company’s stock worth $275,000 after buying an additional 15 shares during the last quarter. KPP Advisory Services LLC increased its holdings in shares of EMCOR Group by 3.9% in the 4th quarter. KPP Advisory Services LLC now owns 399 shares of the construction company’s stock worth $244,000 after buying an additional 15 shares during the last quarter. Finally, Raleigh Capital Management Inc. increased its holdings in shares of EMCOR Group by 2.9% in the 4th quarter. Raleigh Capital Management Inc. now owns 603 shares of the construction company’s stock worth $369,000 after buying an additional 17 shares during the last quarter. Institutional investors own 92.59% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on EME. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a report on Monday, April 20th. Robert W. Baird increased their target price on shares of EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a report on Friday, February 27th. Cantor Fitzgerald assumed coverage on shares of EMCOR Group in a report on Tuesday, March 10th. They set an “overweight” rating and a $848.00 target price on the stock. DA Davidson increased their target price on shares of EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a report on Friday, February 27th. Finally, UBS Group increased their target price on shares of EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a report on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, EMCOR Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $799.29.

Insider Activity

In other EMCOR Group news, CFO Jason R. Nalbandian sold 800 shares of the firm’s stock in a transaction on Thursday, April 30th. The shares were 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 trade represents a 4.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Steven Schwarzwaelder sold 5,602 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $895.19, for a total transaction of $5,014,854.38. Following the completion of the sale, the director directly owned 15,875 shares in the company, valued at approximately $14,211,141.25. This trade represents a 26.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 43,077 shares of company stock worth $32,564,911 in the last quarter. Insiders own 1.26% of the company’s stock.

EMCOR Group Stock Performance

EME stock opened at $931.42 on Tuesday. EMCOR Group, Inc. has a 52 week low of $450.68 and a 52 week high of $951.96. The firm’s fifty day moving average is $787.83 and its 200 day moving average is $715.68. The firm has a market cap of $41.39 billion, a P/E ratio of 31.25 and a beta of 1.17.

EMCOR Group (NYSE:EME) last released its earnings results on Wednesday, April 29th. The construction company reported $6.84 EPS for the quarter, beating 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 for the quarter, compared to analyst estimates of $4.20 billion. During the same quarter last year, the firm earned $5.41 EPS. The firm’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. As a group, analysts forecast that EMCOR Group, Inc. will post 28.67 EPS for the current year.

EMCOR Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Thursday, April 16th. EMCOR Group’s dividend payout ratio (DPR) is 5.37%.

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.