Public Employees Retirement System of Ohio Purchases 5,265 Shares of EMCOR Group, Inc. $EME

Public Employees Retirement System of Ohio grew its position in EMCOR Group, Inc. (NYSE:EME) by 26.6% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 25,085 shares of the construction company’s stock after buying an additional 5,265 shares during the period. Public Employees Retirement System of Ohio’s holdings in EMCOR Group were worth $18,521,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in EME. Ascentis Independent Advisors bought a new stake in shares of EMCOR Group during the first quarter valued at approximately $27,000. Swiss RE Ltd. bought a new position in EMCOR Group in the 4th quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in EMCOR Group during the 4th quarter valued at $26,000. Zions Bancorporation National Association UT purchased a new stake in EMCOR Group during the 4th quarter valued at $28,000. Finally, Activest Wealth Management increased its holdings in shares of EMCOR Group by 800.0% in the 4th quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock worth $33,000 after purchasing an additional 48 shares in the last quarter. Institutional investors own 92.59% of the company’s stock.

EMCOR Group Trading Down 3.2%

Shares of EME stock opened at $744.47 on Friday. EMCOR Group, Inc. has a 12-month low of $564.92 and a 12-month high of $951.96. The stock has a market capitalization of $33.08 billion, a P/E ratio of 24.97 and a beta of 1.13. The firm’s 50 day moving average is $812.24 and its 200 day moving average is $784.37.

EMCOR Group (NYSE:EME) last announced its earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share for the quarter, beating analysts’ consensus estimates of $5.90 by $0.94. The business had revenue of $4.63 billion during the quarter, compared to analyst estimates of $4.20 billion. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. The company’s quarterly revenue was up 19.7% compared to the same quarter last year. During the same period in the previous year, the business earned $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, equities analysts predict that EMCOR Group, Inc. will post 29.37 earnings per share for the current year.

EMCOR Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. EMCOR Group’s payout ratio is presently 5.37%.

Wall Street Analysts Forecast Growth

EME has been the subject of several recent analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a research note on Friday, July 17th. Oppenheimer started coverage on EMCOR Group in a research report on Thursday, May 28th. They set an “outperform” rating and a $1,100.00 price objective on the stock. Stifel Nicolaus set a $918.00 price objective on EMCOR Group in a report on Thursday, April 30th. Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Finally, Zacks Research upgraded shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $871.25.

Insider Activity at EMCOR Group

In related news, VP Robert Peter Lind sold 675 shares of the company’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $894.27, for a total transaction of $603,632.25. Following the completion of the sale, the vice president owned 4,216 shares in the company, valued at approximately $3,770,242.32. This represents a 13.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 value of $685,144.00. Following the completion of the transaction, the chief financial officer directly owned 18,157 shares in the company, 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. Insiders have sold 10,027 shares of company stock valued at $8,957,466 in the last 90 days. 0.73% of the stock is owned by company insiders.

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.