EMCOR Group, Inc. $EME Stock: Inspire Investing LLC Reduces Stake

Inspire Investing LLC trimmed its stake in shares of EMCOR Group, Inc. (NYSE:EME) by 6.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,305 shares of the construction company’s stock after selling 1,343 shares during the quarter. EMCOR Group comprises 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 filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in EME. BlackRock Inc. acquired a new position in shares of EMCOR Group during the second quarter valued at approximately $3,416,412,000. First Trust Advisors LP raised its holdings in EMCOR Group by 7.3% during the first quarter. First Trust Advisors LP now owns 630,406 shares of the construction company’s stock worth $465,435,000 after purchasing an additional 42,949 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in EMCOR Group by 9.0% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 416,734 shares of the construction company’s stock worth $345,839,000 after purchasing an additional 34,358 shares in the last quarter. Deutsche Bank AG acquired a new stake in EMCOR Group in the second quarter worth approximately $342,273,000. Finally, Value Aligned Research Advisors LLC lifted its position in EMCOR Group by 56.6% in the second quarter. Value Aligned Research Advisors LLC now owns 349,960 shares of the construction company’s stock worth $290,425,000 after purchasing an additional 126,439 shares during the period. 92.59% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

EME has been the subject of a number of research reports. UBS Group reaffirmed a “buy” rating on shares of EMCOR Group in a research note on Friday, October 9th. The Goldman Sachs Group dropped their price objective on EMCOR Group from $885.00 to $795.00 and set a “neutral” rating on the stock in a research note on Tuesday. Oppenheimer upped their price objective on EMCOR Group from $1,100.00 to $1,200.00 and gave the company an “outperform” rating in a report on Friday, July 31st. Zacks Research cut EMCOR Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 19th. Finally, Weiss Ratings cut EMCOR Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, August 27th. Seven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, EMCOR Group presently has an average rating of “Moderate Buy” and a consensus price target of $982.86.

EMCOR Group Price Performance

Shares of EME opened at $646.85 on Friday. The firm’s 50 day moving average is $755.99 and its 200-day moving average is $799.85. EMCOR Group, Inc. has a 12-month low of $564.92 and a 12-month high of $951.96. The stock has a market capitalization of $28.53 billion, a P/E ratio of 20.12 and a beta of 1.12.

EMCOR Group (NYSE:EME) last released its earnings results on Thursday, July 30th. The construction company reported $9.06 EPS for the quarter, beating the consensus estimate 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 net margin of 7.74% and a return on equity of 35.49%. The business’s quarterly revenue was up 19.7% on a year-over-year basis. During the same period in the prior year, the business earned $6.72 earnings per share. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. As a group, equities research analysts forecast that EMCOR Group, Inc. will post 32.98 EPS for the current fiscal year.

EMCOR Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Thursday, October 15th will be issued 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 currently 4.98%.

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.