Sequoia Financial Advisors LLC Grows Holdings in EMCOR Group, Inc. $EME

Sequoia Financial Advisors LLC raised its position in EMCOR Group, Inc. (NYSE:EMEFree Report) by 92.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,821 shares of the construction company’s stock after purchasing an additional 1,355 shares during the period. Sequoia Financial Advisors LLC’s holdings in EMCOR Group were worth $1,726,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Barnes Dennig Private Wealth Management LLC purchased a new position in EMCOR Group in the 4th quarter valued at about $26,000. Main Street Group LTD lifted its stake in shares of EMCOR Group by 110.0% during the 3rd quarter. Main Street Group LTD now owns 42 shares of the construction company’s stock worth $27,000 after purchasing an additional 22 shares during the period. Quent Capital LLC purchased a new position in shares of EMCOR Group during the 3rd quarter worth $29,000. Orion Capital Management LLC purchased a new position in shares of EMCOR Group during the 3rd quarter worth $31,000. Finally, Activest Wealth Management lifted its stake in shares of EMCOR Group by 800.0% during 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 during the period. 92.59% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at EMCOR Group

In related news, Director Steven Schwarzwaelder sold 5,602 shares of the firm’s stock in a transaction that occurred on 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 transaction, the director owned 15,875 shares in the company, valued at approximately $14,211,141.25. This trade represents a 26.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Robert Peter Lind sold 675 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $894.27, for a total transaction of $603,632.25. Following the completion of the transaction, the vice president owned 4,216 shares in the company, valued at $3,770,242.32. The trade was a 13.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 43,077 shares of company stock valued at $32,564,911. Corporate insiders own 1.26% of the company’s stock.

EMCOR Group Trading Up 1.1%

Shares of EME opened at $931.42 on Tuesday. The firm has a market capitalization of $41.39 billion, a P/E ratio of 31.25 and a beta of 1.17. The stock’s fifty day simple moving average is $787.83 and its 200 day simple moving average is $715.68. EMCOR Group, Inc. has a twelve month low of $450.68 and a twelve month high of $951.96.

EMCOR Group (NYSE:EMEGet Free Report) last issued its earnings results 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 business had revenue of $4.63 billion for the quarter, compared to analyst estimates of $4.20 billion. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The business’s quarterly revenue was up 19.7% on a year-over-year basis. During the same period last year, the company posted $5.41 EPS. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. Sell-side analysts predict that EMCOR Group, Inc. will post 28.67 earnings per share for the current year.

EMCOR Group Announces Dividend

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

Analysts Set New Price Targets

EME has been the topic of a number of recent analyst reports. UBS Group increased their price target on 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 set a $918.00 price target on EMCOR Group in a research note on Thursday, April 30th. Wall Street Zen raised EMCOR Group from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Robert W. Baird increased their price objective on shares of EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a report on Friday, February 27th. Finally, Cantor Fitzgerald assumed coverage on shares of EMCOR Group in a report on Tuesday, March 10th. They set an “overweight” rating and a $848.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, EMCOR Group presently has a consensus rating of “Moderate Buy” and an average target price of $799.29.

Get Our Latest Analysis 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.

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

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