EMCOR Group (NYSE:EME) Now Covered by Analysts at Cantor Fitzgerald

Analysts at Cantor Fitzgerald initiated coverage on shares of EMCOR Group (NYSE:EME) in a research note issued to investors on Tuesday. The firm set an “overweight” rating and a $848.00 price target on the construction company’s stock. Cantor Fitzgerald’s price target would suggest a potential upside of 18.09% from the company’s previous close.

Several other research firms have also commented on EME. Stifel Nicolaus increased 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. Robert W. Baird boosted their price objective on shares of EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a research note on Friday, February 27th. UBS Group boosted their price target on shares of EMCOR Group from $900.00 to $945.00 and gave the stock a “buy” rating in a report on Friday. Zacks Research cut shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 19th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research report on Wednesday, January 21st. Nine research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $784.43.

EMCOR Group Stock Up 1.7%

EME stock opened at $718.10 on Tuesday. EMCOR Group has a 52-week low of $320.89 and a 52-week high of $835.00. The company has a market capitalization of $31.98 billion, a PE ratio of 25.44 and a beta of 1.16. The stock’s 50 day moving average is $720.55 and its two-hundred day moving average is $669.67.

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

EMCOR Group announced that its board has authorized a stock buyback plan on Thursday, December 18th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the construction company to buy up to 1.9% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its stock is undervalued.

Insider Activity at EMCOR Group

In related news, CEO Anthony Guzzi sold 36,000 shares of the stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $729.48, for a total transaction of $26,261,280.00. Following the sale, the chief executive officer directly owned 170,299 shares of the company’s stock, valued at approximately $124,229,714.52. This represents a 17.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 1.26% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Swiss RE Ltd. bought a new position in EMCOR Group during the fourth quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in shares of EMCOR Group during the fourth quarter valued at $26,000. Main Street Group LTD boosted its holdings in EMCOR Group by 110.0% in the 3rd quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock worth $27,000 after buying an additional 22 shares during the period. Zions Bancorporation National Association UT bought a new stake in shares of EMCOR Group during the fourth quarter valued at approximately $28,000. Finally, Quent Capital LLC bought a new stake in shares of EMCOR Group during the 3rd quarter valued at $29,000. 92.59% of the stock is owned by institutional investors and hedge funds.

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.