EMCOR Group, Inc. $EME Shares Acquired by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC lifted its stake in shares of EMCOR Group, Inc. (NYSE:EME) by 35.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,704 shares of the construction company’s stock after acquiring an additional 713 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in EMCOR Group were worth $1,768,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in EMCOR Group by 17.6% during the 3rd quarter. Vanguard Group Inc. now owns 5,332,636 shares of the construction company’s stock worth $3,463,760,000 after purchasing an additional 798,975 shares during the period. Norges Bank acquired a new position in shares of EMCOR Group during the second quarter worth about $344,548,000. Burgundy Asset Management Ltd. increased its stake in shares of EMCOR Group by 2.9% during the second quarter. Burgundy Asset Management Ltd. now owns 530,457 shares of the construction company’s stock worth $283,736,000 after buying an additional 14,935 shares during the period. Nordea Investment Management AB raised its holdings in EMCOR Group by 3.1% in the third quarter. Nordea Investment Management AB now owns 407,292 shares of the construction company’s stock valued at $262,206,000 after acquiring an additional 12,182 shares in the last quarter. Finally, American Century Companies Inc. lifted its stake in EMCOR Group by 1.4% in the third quarter. American Century Companies Inc. now owns 354,437 shares of the construction company’s stock worth $230,221,000 after acquiring an additional 4,920 shares during the last quarter. 92.59% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on EME shares. DA Davidson raised their price objective on shares of EMCOR Group from $800.00 to $900.00 and gave the company a “buy” rating in a report on Friday, February 27th. Zacks Research downgraded EMCOR Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 19th. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research report on Wednesday, January 21st. Stifel Nicolaus boosted their target price on EMCOR Group from $754.00 to $814.00 and gave the stock a “buy” rating in a research note on Monday. Finally, Wall Street Zen downgraded EMCOR Group from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 8th. Eight equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, EMCOR Group presently has an average rating of “Moderate Buy” and a consensus price target of $741.33.

EMCOR Group Stock Down 3.0%

EME opened at $718.85 on Friday. EMCOR Group, Inc. has a 52 week low of $320.89 and a 52 week high of $835.00. The business’s 50 day moving average is $717.09 and its two-hundred day moving average is $667.39. The firm has a market cap of $32.01 billion, a price-to-earnings ratio of 25.46 and a beta of 1.16.

EMCOR Group (NYSE:EME) last posted its quarterly earnings data on Thursday, February 26th. The construction company reported $7.19 earnings per share for the quarter, beating the consensus estimate of $6.68 by $0.51. The business had revenue of $4.51 billion during the quarter, compared to the consensus estimate of $4.28 billion. EMCOR Group had a return on equity of 35.89% and a net margin of 7.49%.The company’s revenue was up 19.7% compared to the same quarter last year. During the same period in the prior year, the company earned $6.32 earnings per share. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. Equities analysts expect that EMCOR Group, Inc. will post 20.74 EPS for the current fiscal year.

EMCOR Group Increases Dividend

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

EMCOR Group declared that its board has initiated a share buyback program on Thursday, December 18th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the construction company to buy up to 1.9% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

EMCOR Group Profile

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.