Natixis Advisors LLC Purchases 29,335 Shares of EMCOR Group, Inc. $EME

Natixis Advisors LLC raised its holdings in shares of EMCOR Group, Inc. (NYSE:EME) by 154.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 48,308 shares of the construction company’s stock after purchasing an additional 29,335 shares during the quarter. Natixis Advisors LLC’s holdings in EMCOR Group were worth $29,554,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of EME. Great Lakes Advisors LLC lifted its stake in shares of EMCOR Group by 32.3% during the 1st quarter. Great Lakes Advisors LLC now owns 590 shares of the construction company’s stock worth $218,000 after acquiring an additional 144 shares during the last quarter. Geneos Wealth Management Inc. grew its position in EMCOR Group by 93.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 220 shares of the construction company’s stock valued at $81,000 after acquiring an additional 106 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in EMCOR Group in the second quarter worth $459,000. Baird Financial Group Inc. increased its stake in EMCOR Group by 5.0% in the second quarter. Baird Financial Group Inc. now owns 5,820 shares of the construction company’s stock worth $3,113,000 after purchasing an additional 275 shares during the period. Finally, Bank of Nova Scotia lifted its position in shares of EMCOR Group by 406.1% during the second quarter. Bank of Nova Scotia now owns 4,565 shares of the construction company’s stock worth $2,442,000 after purchasing an additional 3,663 shares during the last quarter. Institutional investors own 92.59% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Oppenheimer began coverage on shares of EMCOR Group in a research note on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 target price for the company. 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 report on Friday, February 27th. Stifel Nicolaus set a $918.00 price objective on shares of EMCOR Group in a research report on Thursday, April 30th. Cantor Fitzgerald assumed coverage on shares of EMCOR Group in a research note on Tuesday, March 10th. They issued an “overweight” rating and a $848.00 target price on the stock. Finally, Zacks Research lowered shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Ten equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, EMCOR Group has an average rating of “Moderate Buy” and an average target price of $836.88.

EMCOR Group Price Performance

EME stock opened at $847.53 on Friday. EMCOR Group, Inc. has a 1-year low of $455.14 and a 1-year high of $951.96. The business has a 50-day moving average price of $836.52 and a 200 day moving average price of $739.35. The company has a market capitalization of $37.66 billion, a P/E ratio of 28.43 and a beta of 1.12.

EMCOR Group (NYSE:EME) last posted its quarterly 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 business had revenue of $4.63 billion during the quarter, compared to analyst estimates of $4.20 billion. During the same quarter in the previous year, the business posted $5.41 EPS. The company’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. On average, analysts anticipate that EMCOR Group, Inc. will post 28.84 earnings per share for the current fiscal year.

EMCOR Group Dividend Announcement

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

Insider Buying and Selling

In other EMCOR Group news, CFO Jason R. Nalbandian sold 800 shares of the stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $856.43, for a total transaction of $685,144.00. Following the sale, the chief financial officer owned 18,157 shares of the company’s stock, valued at approximately $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 can be accessed through this hyperlink. Also, VP Robert Peter Lind sold 675 shares of EMCOR Group stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $894.27, for a total value of $603,632.25. Following the completion of the transaction, the vice president owned 4,216 shares in the company, valued at $3,770,242.32. This represents a 13.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 9,077 shares of company stock worth $8,155,191 in the last three months. Corporate insiders own 0.83% of the company’s stock.

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.