Inspire Investing LLC cut its holdings in EMCOR Group, Inc. (NYSE:EME – Free Report) by 6.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 18,305 shares of the construction company’s stock after selling 1,343 shares during the period. EMCOR Group comprises approximately 0.6% of Inspire Investing LLC’s holdings, making the stock its 21st biggest position. Inspire Investing LLC’s holdings in EMCOR Group were worth $13,811,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. MBL Wealth LLC lifted its holdings in EMCOR Group by 140.4% in the third quarter. MBL Wealth LLC now owns 762 shares of the construction company’s stock worth $575,000 after acquiring an additional 445 shares during the last quarter. E. Ohman J or Asset Management AB boosted its stake in EMCOR Group by 10.2% in the third quarter. E. Ohman J or Asset Management AB now owns 1,730 shares of the construction company’s stock valued at $1,305,000 after acquiring an additional 160 shares during the period. Woodward Diversified Capital LLC boosted its stake in EMCOR Group by 3.4% in the third quarter. Woodward Diversified Capital LLC now owns 740 shares of the construction company’s stock valued at $558,000 after acquiring an additional 24 shares during the period. Vest Financial LLC grew its holdings in shares of EMCOR Group by 0.5% during the third quarter. Vest Financial LLC now owns 10,698 shares of the construction company’s stock valued at $8,072,000 after purchasing an additional 54 shares during the last quarter. Finally, Eagle Rock Investment Company LLC grew its holdings in shares of EMCOR Group by 24.7% during the third quarter. Eagle Rock Investment Company LLC now owns 2,522 shares of the construction company’s stock valued at $1,903,000 after purchasing an additional 500 shares during the last quarter. Institutional investors own 92.59% of the company’s stock.
EMCOR Group Trading Down 2.1%
Shares of NYSE EME opened at $646.85 on Friday. The stock has a 50 day simple moving average of $755.99 and a 200-day simple moving average of $799.85. The company has a market cap of $28.53 billion, a PE ratio of 20.12 and a beta of 1.12. EMCOR Group, Inc. has a 12-month low of $564.92 and a 12-month high of $951.96.
EMCOR Group (NYSE:EME – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The construction company reported $9.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.23 by $1.83. The business had revenue of $5.15 billion during the quarter, compared to analyst estimates of $4.71 billion. EMCOR Group had a return on equity of 35.49% and a net margin of 7.74%. The business’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same period in the prior year, the company posted $6.72 EPS. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. Sell-side analysts forecast that EMCOR Group, Inc. will post 32.98 earnings per share for the current fiscal year.
EMCOR Group Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Thursday, October 15th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. EMCOR Group’s dividend payout ratio is presently 4.98%.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on EME shares. Oppenheimer raised their price target on EMCOR Group from $1,100.00 to $1,200.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. UBS Group restated a “buy” rating on shares of EMCOR Group in a research note on Friday, October 9th. Weiss Ratings lowered EMCOR Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, August 27th. The Goldman Sachs Group cut their target price on EMCOR Group from $885.00 to $795.00 and set a “neutral” rating on the stock in a research note on Tuesday. Finally, Cantor Fitzgerald reduced their price target on shares of EMCOR Group from $1,123.00 to $1,047.00 and set an “overweight” rating for the company in a report on Monday, August 10th. Seven analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, EMCOR Group presently has an average rating of “Moderate Buy” and an average target price of $982.86.
View Our Latest Stock Analysis on EME
EMCOR Group Profile
EMCOR Group, Inc provides construction, engineering, and building services through a network of specialty contracting businesses. Its core activities include electrical and mechanical construction, energy infrastructure, building systems, facilities services, and industrial maintenance. The company serves commercial, institutional, industrial, manufacturing, healthcare, education, government, and infrastructure customers.
Its services cover the design, installation, operation, maintenance, and upgrading of electrical, heating, ventilation, air-conditioning, plumbing, fire protection, and building automation systems.
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