New insider activity at EMCOR Group ( (EME) ) has taken place on March 4, 2025.
Director John Altmeyer recently sold 2,000 shares of EMCOR Group stock, amounting to a total transaction value of $809,900. This significant sale reflects a strategic financial decision by the director.
Recent Updates on EME stock
In the last 24 hours, EMCOR Group reported record-breaking financial results for Q4 and the full year of 2024, with significant revenue growth driven by strong demand in sectors like data centers and healthcare. The company’s strategic acquisitions, notably Miller Electric Company, contributed to a robust 14% growth in remaining performance obligations, enhancing future revenue streams. Despite facing supply chain disruptions and competitive pressures, EMCOR’s successful execution and strategic focus on high-demand sectors have positioned it well for continued growth. The company also announced an increase in its share repurchase program, reflecting its commitment to returning capital to shareholders. Looking ahead, EMCOR provided optimistic guidance for 2025, projecting revenues between $16.1 billion and $16.9 billion, with anticipated earnings per share ranging from $22.25 to $24.00, despite potential macroeconomic and tariff challenges.
More about EMCOR Group
YTD Price Performance: -9.87%
Average Trading Volume: 460,812
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $18.59B