Wealth Enhancement Advisory Services LLC Has $7.97 Million Stake in EMCOR Group, Inc. $EME

Wealth Enhancement Advisory Services LLC boosted its stake in EMCOR Group, Inc. (NYSE:EMEFree Report) by 12.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,149 shares of the construction company’s stock after acquiring an additional 1,389 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in EMCOR Group were worth $7,972,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in EME. Main Street Group LTD lifted its holdings in shares of EMCOR Group by 110.0% in the third quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock valued at $27,000 after purchasing an additional 22 shares in the last quarter. Quent Capital LLC bought a new position in shares of EMCOR Group during the third quarter worth about $29,000. Orion Capital Management LLC acquired a new stake in EMCOR Group in the 3rd quarter valued at approximately $31,000. Twin Peaks Wealth Advisors LLC bought a new stake in EMCOR Group in the 2nd quarter valued at approximately $43,000. Finally, True Wealth Design LLC boosted its position in EMCOR Group by 333.3% during the 3rd quarter. True Wealth Design LLC now owns 91 shares of the construction company’s stock worth $59,000 after acquiring an additional 70 shares during the last quarter. Institutional investors own 92.59% of the company’s stock.

Insider Transactions at EMCOR Group

In other EMCOR Group news, CEO Anthony Guzzi sold 36,000 shares of the company’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $729.48, for a total value of $26,261,280.00. Following the sale, the chief executive officer owned 170,299 shares in the company, valued at $124,229,714.52. This represents a 17.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.83% of the stock is owned by corporate insiders.

EMCOR Group Trading Up 1.0%

NYSE:EME opened at $733.42 on Friday. The stock has a market capitalization of $32.66 billion, a PE ratio of 25.98 and a beta of 1.16. EMCOR Group, Inc. has a 1-year low of $320.89 and a 1-year high of $835.00. The firm has a fifty day simple moving average of $744.14 and a 200 day simple moving average of $679.80.

EMCOR Group (NYSE:EMEGet Free Report) last announced its quarterly earnings results on Thursday, February 26th. The construction company reported $7.19 EPS for the quarter, beating analysts’ consensus estimates of $6.68 by $0.51. The firm had revenue of $4.51 billion during the quarter, compared to analysts’ expectations of $4.28 billion. EMCOR Group had a net margin of 7.49% and a return on equity of 35.89%. The company’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same quarter last year, the company posted $6.32 earnings per share. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. On average, equities analysts predict that EMCOR Group, Inc. will post 20.74 earnings per share for the current fiscal year.

EMCOR Group declared that its board has authorized a share repurchase program on Thursday, December 18th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the construction company to repurchase up to 1.9% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s management believes its shares are undervalued.

EMCOR Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, January 14th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. This is a boost from EMCOR Group’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Wednesday, January 14th. EMCOR Group’s dividend payout ratio (DPR) is presently 5.67%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on EME. UBS Group raised their price target on shares of EMCOR Group from $900.00 to $945.00 and gave the stock a “buy” rating in a research note on Friday, March 6th. Stifel Nicolaus increased their target price on shares of EMCOR Group from $754.00 to $814.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. DA Davidson raised 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. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a research note on Wednesday, January 21st. Finally, Cantor Fitzgerald began coverage on shares of EMCOR Group in a research report on Tuesday, March 10th. They set an “overweight” rating and a $848.00 price target on the stock. Nine equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $784.43.

Check Out Our Latest Research Report on EME

EMCOR Group Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for EMCOR Group (NYSE:EME)

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