875 Shares in EMCOR Group, Inc. $EME Bought by Venturi Wealth Management LLC

Venturi Wealth Management LLC purchased a new position in shares of EMCOR Group, Inc. (NYSE:EME) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 875 shares of the construction company’s stock, valued at approximately $646,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp lifted its holdings in shares of EMCOR Group by 2.2% during the 4th quarter. State Street Corp now owns 1,893,792 shares of the construction company’s stock worth $1,158,603,000 after acquiring an additional 40,801 shares during the period. Geode Capital Management LLC increased its stake in EMCOR Group by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 1,425,523 shares of the construction company’s stock valued at $869,343,000 after acquiring an additional 7,790 shares during the period. Victory Capital Management Inc. raised its position in EMCOR Group by 34.5% in the fourth quarter. Victory Capital Management Inc. now owns 1,276,966 shares of the construction company’s stock worth $781,239,000 after purchasing an additional 327,606 shares in the last quarter. Invesco Ltd. raised its position in EMCOR Group by 10.5% in the fourth quarter. Invesco Ltd. now owns 799,271 shares of the construction company’s stock worth $488,986,000 after purchasing an additional 75,692 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in EMCOR Group by 132,234.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 669,611 shares of the construction company’s stock worth $409,661,000 after purchasing an additional 669,105 shares during the period. Institutional investors own 92.59% of the company’s stock.

Insider Buying and Selling at EMCOR Group

In other news, Director William P. Reid sold 2,000 shares of the company’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $925.78, for a total transaction of $1,851,560.00. Following the transaction, the director owned 10,149 shares of the company’s stock, valued at $9,395,741.22. This represents a 16.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Steven Schwarzwaelder sold 5,602 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the director owned 15,875 shares in the company, valued at approximately $14,211,141.25. This represents a 26.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 10,027 shares of company stock valued at $8,957,466 over the last ninety days. Company insiders own 1.26% of the company’s stock.

EMCOR Group Trading Up 0.3%

EME opened at $800.67 on Monday. The stock has a market capitalization of $35.58 billion, a PE ratio of 26.86 and a beta of 1.12. EMCOR Group, Inc. has a 1-year low of $516.91 and a 1-year high of $951.96. The firm has a 50-day moving average price of $856.74 and a two-hundred day moving average price of $764.13.

EMCOR Group (NYSE:EME) last announced its earnings results on Wednesday, April 29th. The construction company reported $6.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.90 by $0.94. The company had revenue of $4.63 billion for the quarter, compared to analyst estimates of $4.20 billion. EMCOR Group had a net margin of 7.54% and a return on equity of 35.19%. EMCOR Group’s quarterly revenue was up 19.7% on a year-over-year basis. During the same period in the prior year, the business earned $5.41 earnings per share. EMCOR Group has set its FY 2026 guidance at 28.250-29.750 EPS. On average, research analysts predict that EMCOR Group, Inc. will post 29.37 EPS for the current year.

EMCOR Group Announces Dividend

The company also recently announced 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 dividend on an annualized basis and a dividend yield of 0.2%. EMCOR Group’s payout ratio is presently 5.37%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on EME. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EMCOR Group in a report on Monday, April 20th. Cantor Fitzgerald restated an “overweight” rating and set a $1,123.00 target price on shares of EMCOR Group in a research report on Tuesday, June 16th. Stifel Nicolaus set a $918.00 price target on EMCOR Group in a research note on Thursday, April 30th. Zacks Research cut EMCOR Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Finally, UBS Group lifted their price objective on EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a report on Friday, March 6th. Eight equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, EMCOR Group presently has an average rating of “Moderate Buy” and a consensus price target of $871.25.

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.