TD Asset Management Inc Purchases 15,958 Shares of EMCOR Group, Inc. $EME

TD Asset Management Inc grew its position in EMCOR Group, Inc. (NYSE:EME) by 5.9% during the fourth quarter, HoldingsChannel reports. The firm owned 287,846 shares of the construction company’s stock after buying an additional 15,958 shares during the period. TD Asset Management Inc’s holdings in EMCOR Group were worth $176,101,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Lido Advisors LLC lifted its position in shares of EMCOR Group by 11.5% during the 4th quarter. Lido Advisors LLC now owns 749 shares of the construction company’s stock valued at $483,000 after acquiring an additional 77 shares during the period. Sivia Capital Partners LLC lifted its position in shares of EMCOR Group by 45.4% during the 4th quarter. Sivia Capital Partners LLC now owns 1,450 shares of the construction company’s stock valued at $887,000 after acquiring an additional 453 shares during the period. Greenspring Advisors LLC acquired a new position in shares of EMCOR Group during the 4th quarter valued at $450,000. REAP Financial Group LLC lifted its position in shares of EMCOR Group by 18.3% during the 4th quarter. REAP Financial Group LLC now owns 291 shares of the construction company’s stock valued at $178,000 after acquiring an additional 45 shares during the period. Finally, CIBC Asset Management Inc lifted its position in shares of EMCOR Group by 85.2% during the 4th quarter. CIBC Asset Management Inc now owns 10,604 shares of the construction company’s stock valued at $6,487,000 after acquiring an additional 4,878 shares during the period. Institutional investors and hedge funds own 92.59% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on EME shares. Cantor Fitzgerald started coverage on shares of EMCOR Group in a research report on Tuesday, March 10th. They set an “overweight” rating and a $848.00 target price on the stock. DA Davidson boosted their target price on shares of EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a research report on Friday, February 27th. Stifel Nicolaus set a $918.00 target price on shares of EMCOR Group in a research report on Thursday, April 30th. Wall Street Zen upgraded shares of EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a research report on Monday, April 20th. Ten investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, EMCOR Group presently has an average rating of “Moderate Buy” and an average price target of $836.88.

EMCOR Group Trading Up 1.0%

EME opened at $847.53 on Friday. The company’s fifty day moving average price is $836.52 and its two-hundred day moving average price is $739.35. EMCOR Group, Inc. has a 1-year low of $455.14 and a 1-year high of $951.96. The company has a market cap of $37.66 billion, a price-to-earnings ratio of 28.43 and a beta of 1.12.

EMCOR Group (NYSE:EME) last released its quarterly earnings data 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. The firm had revenue of $4.63 billion for the quarter, compared to the consensus estimate of $4.20 billion. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The business’s revenue was up 19.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, equities analysts forecast that EMCOR Group, Inc. will post 28.84 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th were issued a $0.40 dividend. The ex-dividend date was Thursday, April 16th. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. EMCOR Group’s dividend payout ratio is currently 5.37%.

Insider Activity

In other news, Director Steven Schwarzwaelder sold 5,602 shares of the stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $895.19, for a total value of $5,014,854.38. Following the completion of the sale, the director owned 15,875 shares in the company, valued at $14,211,141.25. This represents a 26.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Jason R. Nalbandian sold 800 shares of the stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $856.43, for a total transaction of $685,144.00. Following the completion of the sale, 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 position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 9,077 shares of company stock worth $8,155,191. Company 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.