Bank Julius Baer & Co. Ltd Zurich Acquires 10,618 Shares of EMCOR Group, Inc. $EME

Bank Julius Baer & Co. Ltd Zurich increased its holdings in shares of EMCOR Group, Inc. (NYSE:EME) by 150.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 17,679 shares of the construction company’s stock after acquiring an additional 10,618 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in EMCOR Group were worth $10,885,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in EME. Barnes Dennig Private Wealth Management LLC acquired a new position in EMCOR Group in the fourth quarter worth about $26,000. Main Street Group LTD boosted its holdings in EMCOR Group by 110.0% during 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 stake in shares of EMCOR Group in the 3rd quarter valued at approximately $29,000. Orion Capital Management LLC acquired a new position in shares of EMCOR Group in the 3rd quarter worth approximately $31,000. Finally, Activest Wealth Management raised 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 buying an additional 48 shares in the last quarter. Institutional investors own 92.59% of the company’s stock.

Insider Buying and Selling at EMCOR Group

In other EMCOR Group news, VP Robert Peter Lind sold 675 shares of EMCOR Group stock in a transaction 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 sale, the vice president owned 4,216 shares of the company’s stock, valued at approximately $3,770,242.32. The trade was a 13.80% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Steven Schwarzwaelder sold 5,602 shares of the company’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $895.19, for a total transaction of $5,014,854.38. Following the sale, the director owned 15,875 shares of the company’s stock, valued at $14,211,141.25. The trade was a 26.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 45,077 shares of company stock valued at $34,416,471 over the last 90 days. Company insiders own 0.83% of the company’s stock.

EMCOR Group Stock Up 0.7%

EME stock opened at $929.29 on Friday. EMCOR Group, Inc. has a twelve month low of $450.68 and a twelve month high of $951.96. The company has a market cap of $41.30 billion, a P/E ratio of 31.17 and a beta of 1.17. The business has a fifty day moving average of $799.46 and a 200-day moving average of $720.39.

EMCOR Group (NYSE:EME) last posted its quarterly earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.90 by $0.94. The business had revenue of $4.63 billion for the quarter, compared to analysts’ expectations of $4.20 billion. EMCOR Group had a return on equity of 35.19% and a net margin of 7.54%.The firm’s quarterly revenue was up 19.7% compared to the same quarter last year. During the same quarter last year, the business earned $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. As a group, equities research analysts anticipate that EMCOR Group, Inc. will post 28.67 earnings per share for the current fiscal year.

EMCOR Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th were given a dividend of $0.40 per share. The ex-dividend date was Thursday, April 16th. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. EMCOR Group’s payout ratio is currently 5.37%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. UBS Group boosted their price target on EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research note on Friday, March 6th. Stifel Nicolaus set a $918.00 price objective on EMCOR Group in a research note on Thursday, April 30th. Cantor Fitzgerald initiated coverage on EMCOR Group in a report on Tuesday, March 10th. They set an “overweight” rating and a $848.00 price objective for the company. Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a research note on Monday, April 20th. Finally, Robert W. Baird upped their target price 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. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $799.29.

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.