Argos Wealth Advisors LLC Buys Shares of 651 EMCOR Group, Inc. $EME

Argos Wealth Advisors LLC purchased a new stake in shares of EMCOR Group, Inc. (NYSE:EME) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 651 shares of the construction company’s stock, valued at approximately $398,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in EME. Asahi Life Asset Management CO. LTD. purchased a new stake in EMCOR Group in the third quarter worth $445,000. Machina Capital S.A.S. purchased a new stake in EMCOR Group in the third quarter worth $1,074,000. Donoghue Forlines LLC purchased a new stake in EMCOR Group in the third quarter worth $2,221,000. Wealth Enhancement Advisory Services LLC increased its stake in EMCOR Group by 12.9% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 12,149 shares of the construction company’s stock worth $7,972,000 after purchasing an additional 1,389 shares during the period. Finally, Public Sector Pension Investment Board grew its position in shares of EMCOR Group by 18.7% during the 3rd quarter. Public Sector Pension Investment Board now owns 23,982 shares of the construction company’s stock worth $15,577,000 after buying an additional 3,783 shares in the last quarter. 92.59% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on EME. Zacks Research raised EMCOR Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. Cantor Fitzgerald began coverage on EMCOR Group in a research report on Tuesday, March 10th. They set an “overweight” rating and a $848.00 price target on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research report on Monday, April 20th. Robert W. Baird raised their price objective on EMCOR Group from $713.00 to $808.00 and gave the company an “outperform” rating in a research report on Friday, February 27th. Finally, DA Davidson raised their price objective on EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a research report on Friday, February 27th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $799.29.

Insider Buying and Selling

In related news, Director Steven Schwarzwaelder sold 5,602 shares of EMCOR Group stock in a transaction that occurred 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 transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Jason R. Nalbandian sold 800 shares of EMCOR Group stock in a transaction that occurred 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 transaction, the chief financial officer owned 18,157 shares of the company’s stock, valued at approximately $15,550,199.51. This represents a 4.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 43,077 shares of company stock valued at $32,564,911 in the last ninety days. Insiders own 1.26% of the company’s stock.

EMCOR Group Stock Performance

Shares of NYSE EME opened at $925.23 on Wednesday. The company has a market cap of $41.12 billion, a PE ratio of 31.04 and a beta of 1.17. The business has a 50-day simple moving average of $791.84 and a two-hundred day simple moving average of $717.52. EMCOR Group, Inc. has a fifty-two week low of $450.68 and a fifty-two week high of $951.96.

EMCOR Group (NYSE:EME) last issued its quarterly 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 return on equity of 35.19% and a net margin of 7.54%.The business had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $4.20 billion. During the same quarter last year, the company earned $5.41 earnings per share. The company’s quarterly revenue was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. On average, sell-side analysts predict that EMCOR Group, Inc. will post 28.67 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Investors of record on Thursday, April 16th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.2%. The ex-dividend date was Thursday, April 16th. EMCOR Group’s dividend payout ratio (DPR) is currently 5.37%.

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.