EMCOR Group, Inc. $EME Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP cut its holdings in EMCOR Group, Inc. (NYSE:EME) by 9.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 411,103 shares of the construction company’s stock after selling 44,265 shares during the quarter. Dimensional Fund Advisors LP owned about 0.92% of EMCOR Group worth $266,996,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Great Lakes Advisors LLC increased its holdings in shares of EMCOR Group by 32.3% during the first quarter. Great Lakes Advisors LLC now owns 590 shares of the construction company’s stock valued at $218,000 after acquiring an additional 144 shares in the last quarter. Geneos Wealth Management Inc. raised its position in shares of EMCOR Group by 93.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 220 shares of the construction company’s stock valued at $81,000 after purchasing an additional 106 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in EMCOR Group in the 2nd quarter worth approximately $459,000. Bank of Montreal Can grew its position in EMCOR Group by 115.8% during the 2nd quarter. Bank of Montreal Can now owns 28,958 shares of the construction company’s stock worth $15,489,000 after purchasing an additional 15,537 shares during the last quarter. Finally, Ellevest Inc. grew its position in EMCOR Group by 6.1% during the 2nd quarter. Ellevest Inc. now owns 725 shares of the construction company’s stock worth $388,000 after purchasing an additional 42 shares during the last quarter. Institutional investors and hedge funds own 92.59% of the company’s stock.

EMCOR Group Price Performance

NYSE EME opened at $705.74 on Friday. The company has a market capitalization of $31.43 billion, a PE ratio of 25.00 and a beta of 1.16. The company has a fifty day moving average of $718.67 and a 200 day moving average of $668.04. EMCOR Group, Inc. has a 1 year low of $320.89 and a 1 year high of $835.00.

EMCOR Group (NYSE:EME) last announced its quarterly earnings results on Thursday, February 26th. The construction company reported $7.19 earnings per share for the quarter, topping the consensus estimate of $6.68 by $0.51. The company had revenue of $4.51 billion for 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 firm’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same period last year, the firm earned $6.32 EPS. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. Research analysts expect that EMCOR Group, Inc. will post 20.74 earnings per share for the current year.

EMCOR Group declared that its Board of Directors has initiated a share buyback plan on Thursday, December 18th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the construction company to purchase up to 1.9% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

EMCOR Group Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, January 14th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.2%. This is a positive change from EMCOR Group’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Wednesday, January 14th. EMCOR Group’s dividend payout ratio is 5.67%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Zacks Research cut shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 19th. DA Davidson boosted 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. Wall Street Zen downgraded EMCOR Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a research note on Wednesday, January 21st. Finally, Robert W. Baird lifted their price target on EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a research report on Friday, February 27th. Eight analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $773.83.

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.