7,000 Shares in EMCOR Group, Inc. $EME Acquired by Lakewood Capital Management LP

Lakewood Capital Management LP purchased a new stake in shares of EMCOR Group, Inc. (NYSE:EME) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 7,000 shares of the construction company’s stock, valued at approximately $5,809,000.

Several other institutional investors have also recently bought and sold shares of EME. BlackRock Inc. acquired a new stake in shares of EMCOR Group in the second quarter valued at $3,416,412,000. Northwestern Mutual Wealth Management Co. lifted its position in EMCOR Group by 132,234.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 669,611 shares of the construction company’s stock worth $409,661,000 after buying an additional 669,105 shares in the last quarter. Norges Bank acquired a new position in EMCOR Group during the 4th quarter worth about $389,702,000. Bank of Montreal Can grew its holdings in EMCOR Group by 425.8% during the 4th quarter. Bank of Montreal Can now owns 560,477 shares of the construction company’s stock worth $342,894,000 after acquiring an additional 453,876 shares during the last quarter. Finally, Deutsche Bank AG acquired a new stake in EMCOR Group in the 2nd quarter valued at about $342,273,000. Institutional investors own 92.59% of the company’s stock.

EMCOR Group Price Performance

Shares of NYSE:EME opened at $765.23 on Tuesday. The firm’s 50 day simple moving average is $795.86 and its 200 day simple moving average is $801.09. The company has a market capitalization of $33.75 billion, a price-to-earnings ratio of 23.80 and a beta of 1.14. EMCOR Group, Inc. has a fifty-two week low of $564.92 and a fifty-two week high of $951.96.

EMCOR Group (NYSE:EME) last announced its quarterly earnings results on Thursday, July 30th. The construction company reported $9.06 earnings per share for the quarter, topping analysts’ consensus estimates of $7.23 by $1.83. EMCOR Group had a net margin of 7.74% and a return on equity of 35.49%. The company had revenue of $5.15 billion for the quarter, compared to analysts’ expectations of $4.71 billion. During the same period last year, the firm posted $6.72 earnings per share. The business’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 research analysts expect that EMCOR Group, Inc. will post 33.04 earnings per share for the current year.

EMCOR Group Announces Dividend

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

Insider Transactions at EMCOR Group

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

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Stifel Nicolaus set a $918.00 target price on shares of EMCOR Group in a research report on Thursday, April 30th. Cantor Fitzgerald dropped 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. UBS Group upped their price objective on EMCOR Group from $975.00 to $1,065.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Zacks Research upgraded EMCOR Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Finally, Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price 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.