UNIVEST FINANCIAL Corp Makes New $8.61 Million Investment in EMCOR Group, Inc. $EME

UNIVEST FINANCIAL Corp bought a new position in EMCOR Group, Inc. (NYSE:EME) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,374 shares of the construction company’s stock, valued at approximately $8,609,000.

A number of other institutional investors have also recently made changes to their positions in the company. Ascentis Independent Advisors purchased a new position in EMCOR Group in the 1st quarter worth approximately $27,000. Swiss RE Ltd. purchased a new stake in EMCOR Group during the 4th quarter valued at $25,000. Zions Bancorporation National Association UT bought a new stake in shares of EMCOR Group in the 4th quarter worth $28,000. Clearstead Trust LLC bought a new stake in shares of EMCOR Group in the 2nd quarter worth $38,000. Finally, Basecamp Wealth Advisors LLC increased its holdings in shares of EMCOR Group by 4,700.0% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 48 shares of the construction company’s stock worth $35,000 after purchasing an additional 47 shares in the last quarter. Hedge funds and other institutional investors own 92.59% of the company’s stock.

EMCOR Group Price Performance

NYSE EME opened at $863.28 on Tuesday. The business’s fifty day moving average price is $798.23 and its 200-day moving average price is $798.93. The stock has a market capitalization of $38.08 billion, a price-to-earnings ratio of 26.85 and a beta of 1.14. EMCOR Group, Inc. has a 1-year low of $564.92 and a 1-year high of $951.96.

EMCOR Group (NYSE:EME) last issued its quarterly earnings data on Thursday, July 30th. The construction company reported $9.06 EPS for the quarter, topping the consensus estimate of $7.23 by $1.83. The company had revenue of $5.15 billion during the quarter, compared to analyst estimates of $4.71 billion. EMCOR Group had a return on equity of 35.49% and a net margin of 7.74%.EMCOR Group’s revenue was up 19.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $6.72 earnings per share. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. Equities research analysts anticipate that EMCOR Group, Inc. will post 33.04 EPS for the current year.

EMCOR Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th were given 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 dividend payout ratio (DPR) is presently 4.98%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on EME. Stifel Nicolaus set a $918.00 price target on EMCOR Group in a report on Thursday, April 30th. UBS Group lifted their price objective on EMCOR Group from $975.00 to $1,065.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Zacks Research raised EMCOR Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. DA Davidson set a $1,047.00 target price on shares of EMCOR Group in a research note on Monday, August 10th. Finally, Cantor Fitzgerald dropped their price target on shares of EMCOR Group from $1,123.00 to $1,047.00 and set an “overweight” rating on the stock in a report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, EMCOR Group has a consensus rating of “Buy” and an average target price of $965.86.

Insider Activity

In other news, Director Carol P. Lowe sold 950 shares of the company’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total transaction of $802,275.00. Following the completion of the sale, the director owned 17,278 shares of the company’s stock, valued at $14,591,271. This represents a 5.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.73% of the stock is currently owned by corporate insiders.

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.