Livforsakringsbolaget Skandia Omsesidigt Buys 8,420 Shares of EMCOR Group, Inc. $EME

Livforsakringsbolaget Skandia Omsesidigt lifted its stake in EMCOR Group, Inc. (NYSE:EME) by 97.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 17,039 shares of the construction company’s stock after acquiring an additional 8,420 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in EMCOR Group were worth $11,067,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of EME. Jacobs Levy Equity Management Inc. grew its stake in EMCOR Group by 1.7% in the third quarter. Jacobs Levy Equity Management Inc. now owns 318,174 shares of the construction company’s stock valued at $206,667,000 after purchasing an additional 5,438 shares in the last quarter. NewEdge Advisors LLC raised its stake in shares of EMCOR Group by 7.3% during the 3rd quarter. NewEdge Advisors LLC now owns 16,119 shares of the construction company’s stock worth $10,470,000 after purchasing an additional 1,102 shares in the last quarter. Caxton Associates LLP acquired a new stake in shares of EMCOR Group in the 3rd quarter valued at approximately $5,018,000. Williams Jones Wealth Management LLC. acquired a new stake in shares of EMCOR Group in the 3rd quarter valued at approximately $227,000. Finally, Woodline Partners LP bought a new position in shares of EMCOR Group in the third quarter valued at $3,843,000. Institutional investors own 92.59% of the company’s stock.

Insider Buying and Selling at EMCOR Group

In other news, CEO Anthony Guzzi sold 36,000 shares of the business’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $729.48, for a total value of $26,261,280.00. Following the completion of the sale, the chief executive officer owned 170,299 shares of the company’s stock, valued at approximately $124,229,714.52. The trade was a 17.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 1.26% of the company’s stock.

EMCOR Group Stock Up 0.3%

Shares of NYSE:EME opened at $728.69 on Wednesday. EMCOR Group, Inc. has a 12-month low of $320.89 and a 12-month high of $835.00. The business has a 50 day moving average of $731.18 and a 200-day moving average of $673.93. The stock has a market cap of $32.45 billion, a PE ratio of 25.81 and a beta of 1.16.

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

EMCOR Group announced that its Board of Directors has authorized a stock repurchase program on Thursday, December 18th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the construction company to buy up to 1.9% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s leadership believes its shares are undervalued.

EMCOR Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, January 14th were issued a dividend of $0.40 per share. This is an increase from EMCOR Group’s previous quarterly dividend of $0.25. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Wednesday, January 14th. EMCOR Group’s payout ratio is 5.67%.

Wall Street Analyst Weigh In

EME has been the topic of a number of recent analyst reports. DA Davidson boosted their target price on shares of EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a report on Friday, February 27th. Robert W. Baird lifted their price objective on shares of EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a research report on Friday, February 27th. Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a research note on Wednesday, January 21st. Zacks Research cut shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 19th. Finally, UBS Group raised their target price on shares of EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Nine research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $784.43.

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.