Walleye Capital LLC Takes $4.67 Million Position in EMCOR Group, Inc. $EME

Walleye Capital LLC acquired a new position in EMCOR Group, Inc. (NYSE:EME) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 5,624 shares of the construction company’s stock, valued at approximately $4,667,000.

Several other large investors have also made changes to their positions in the business. Whittier Trust Co. of Nevada Inc. increased its position in EMCOR Group by 3.8% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 356 shares of the construction company’s stock worth $270,000 after buying an additional 13 shares during the period. PAX Financial Group LLC lifted its holdings in shares of EMCOR Group by 3.6% during the fourth quarter. PAX Financial Group LLC now owns 404 shares of the construction company’s stock worth $247,000 after buying an additional 14 shares during the last quarter. First National Bank of Hutchinson boosted its position in shares of EMCOR Group by 0.9% in the fourth quarter. First National Bank of Hutchinson now owns 1,614 shares of the construction company’s stock valued at $987,000 after acquiring an additional 15 shares during the period. Advisors Capital Management LLC boosted its position in shares of EMCOR Group by 3.4% in the fourth quarter. Advisors Capital Management LLC now owns 450 shares of the construction company’s stock valued at $275,000 after acquiring an additional 15 shares during the period. Finally, KPP Advisory Services LLC grew its stake in shares of EMCOR Group by 3.9% in the fourth quarter. KPP Advisory Services LLC now owns 399 shares of the construction company’s stock worth $244,000 after acquiring an additional 15 shares during the last quarter. Institutional investors and hedge funds own 92.59% of the company’s stock.

Insider Activity at EMCOR Group

In other news, Director Carol P. Lowe sold 950 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total transaction of $802,275.00. Following the completion of the transaction, the director directly owned 17,278 shares of the company’s stock, valued at approximately $14,591,271. This trade represents a 5.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.73% of the company’s stock.

EMCOR Group Trading Up 0.7%

EME opened at $837.20 on Friday. The stock’s 50 day simple moving average is $797.43 and its 200-day simple moving average is $797.26. The stock has a market cap of $36.93 billion, a PE ratio of 26.04 and a beta of 1.14. EMCOR Group, Inc. has a 1 year low of $564.92 and a 1 year high of $951.96.

EMCOR Group (NYSE:EME) last issued its earnings results on Thursday, July 30th. The construction company reported $9.06 EPS for the quarter, topping the consensus estimate of $7.23 by $1.83. EMCOR Group had a return on equity of 35.49% and a net margin of 7.74%.The firm had revenue of $5.15 billion during the quarter, compared to analysts’ expectations of $4.71 billion. During the same period last year, the business earned $6.72 earnings per share. EMCOR Group’s quarterly revenue was up 19.7% compared to the same quarter last year. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. Equities analysts forecast that EMCOR Group, Inc. will post 33.04 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th were paid a $0.40 dividend. The ex-dividend date was Wednesday, July 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. EMCOR Group’s dividend payout ratio is currently 4.98%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on EME shares. Wall Street Zen raised shares of EMCOR Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. DA Davidson set a $1,047.00 price target on shares of EMCOR Group in a report on Monday. UBS Group raised their price target on shares of EMCOR Group from $975.00 to $1,065.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Cantor Fitzgerald cut their price objective on shares of EMCOR Group from $1,123.00 to $1,047.00 and set an “overweight” rating for the company in a research report on Monday, August 10th. 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 investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, EMCOR Group presently has a consensus rating of “Buy” and an average price target of $965.86.

About EMCOR Group

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.