1,319 EMCOR Group, Inc. $EME Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. cut its stake in shares of EMCOR Group, Inc. (NYSE:EME) by 17.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,345 shares of the construction company’s stock after selling 1,319 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in EMCOR Group were worth $4,787,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. BlackRock Inc. bought a new position in shares of EMCOR Group during the second quarter worth about $3,416,412,000. Deutsche Bank AG bought a new stake in EMCOR Group in the second quarter valued at approximately $342,273,000. Bank of America Corp DE bought a new stake in EMCOR Group in the second quarter valued at approximately $282,509,000. Bank of New York Mellon Corp bought a new stake in EMCOR Group in the second quarter valued at approximately $207,597,000. Finally, Legal & General Group Plc acquired a new stake in EMCOR Group during the 2nd quarter valued at approximately $168,025,000. Institutional investors own 92.59% of the company’s stock.

Wall Street Analysts Forecast Growth

EME has been the subject of several analyst reports. DA Davidson set a $1,047.00 price target on shares of EMCOR Group in a report on Monday, August 10th. Zacks Research lowered shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 19th. Oppenheimer upped their price objective on shares of EMCOR Group from $1,100.00 to $1,200.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. UBS Group reiterated a “buy” rating on shares of EMCOR Group in a research report on Friday, October 9th. Finally, The Goldman Sachs Group lowered their target price on shares of EMCOR Group from $885.00 to $795.00 and set a “neutral” rating for the company in a research note on Tuesday, October 20th. Seven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $982.86.

EMCOR Group News Roundup

Here are the key news stories impacting EMCOR Group this week:

• Positive Sentiment: Record quarterly performance: Third-quarter revenue reached $5.54 billion, up 28.8% year over year and above the $5.19 billion analyst consensus. Adjusted earnings were $9.60 per share, exceeding estimates of approximately $8.33-$8.37 and rising from $6.57 a year earlier. EMCOR Group Reports Record Third Quarter 2026 Results
• Positive Sentiment: Higher 2026 guidance: EMCOR now expects full-year adjusted EPS of $34.50 to $35.50, well above the FactSet consensus of $32.99. The raised outlook reinforces expectations for continued earnings growth and was a key catalyst for the stock’s advance. EMCOR Group Raises 2026 Guidance
• Positive Sentiment: Construction momentum remains strong: Investor coverage highlighted accelerating growth in EMCOR’s construction operations. The earnings beat, strong revenue growth and management’s outlook suggest demand remains resilient despite broader concerns about housing and interest rates. Why EMCOR Group Stock Popped
• Neutral Sentiment: Management discussed the results and outlook during the third-quarter earnings call, giving analysts an opportunity to assess the sustainability of project demand, margins and the raised forecast. EMCOR Group Q3 2026 Earnings Call Transcript
• Negative Sentiment: Although the earnings reaction was favorable, the stock remained below its 50-day and 200-day moving averages, indicating that investors may still be cautious about valuation, future growth expectations and the sustainability of recent gains.

EMCOR Group Trading Up 1.2%

Shares of NYSE EME opened at $686.40 on Friday. The firm’s 50-day moving average price is $744.98 and its 200-day moving average price is $779.49. EMCOR Group, Inc. has a 1-year low of $564.92 and a 1-year high of $951.96. The firm has a market capitalization of $30.28 billion, a P/E ratio of 22.88 and a beta of 1.12.

EMCOR Group (NYSE:EME) last released its quarterly earnings data on Thursday, October 29th. The construction company reported $9.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $8.37 by $1.23. The company had revenue of $5.54 billion for the quarter, compared to analysts’ expectations of $5.19 billion. EMCOR Group had a net margin of 7.74% and a return on equity of 35.49%. The business’s revenue was up 28.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $6.57 EPS. Equities research analysts forecast that EMCOR Group, Inc. will post 32.98 EPS for the current year.

EMCOR Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Thursday, October 15th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Thursday, October 15th. EMCOR Group’s dividend payout ratio is 4.98%.

EMCOR Group announced that its Board of Directors has approved a share buyback plan on Thursday, October 29th that permits the company to repurchase $500 million in outstanding shares. This repurchase authorization permits the construction company to purchase up to 1.7% of its shares through open market purchases. Share repurchase plans are generally an indication that the company’s management believes its stock is undervalued.

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.