NEOS Investment Management LLC Raises Stake in EMCOR Group, Inc. $EME

NEOS Investment Management LLC grew its stake in EMCOR Group, Inc. (NYSE:EME) by 16.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,078 shares of the construction company’s stock after acquiring an additional 1,011 shares during the quarter. NEOS Investment Management LLC’s holdings in EMCOR Group were worth $5,874,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of EME. Power Wealth Management LLC acquired a new position in shares of EMCOR Group during the 2nd quarter valued at about $324,000. Fortune 45 LLC increased its position in EMCOR Group by 15.0% during the second quarter. Fortune 45 LLC now owns 383 shares of the construction company’s stock worth $318,000 after purchasing an additional 50 shares during the last quarter. Continuum Advisory LLC purchased a new position in EMCOR Group during the second quarter worth about $154,000. Nykredit A S purchased a new position in EMCOR Group during the second quarter worth about $18,443,000. Finally, B. Metzler seel. Sohn & Co. AG boosted its holdings in EMCOR Group by 11.0% in the 2nd quarter. B. Metzler seel. Sohn & Co. AG now owns 13,003 shares of the construction company’s stock valued at $10,791,000 after purchasing an additional 1,293 shares during the last quarter. Hedge funds and other institutional investors own 92.59% of the company’s stock.

Insider Buying and Selling

In other EMCOR Group news, Director Carol Lowe sold 950 shares of the company’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $844.50, for a total transaction of $802,275.00. Following the transaction, the director directly owned 17,278 shares in the company, valued at $14,591,271. This represents a 5.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.73% of the stock is owned by company insiders.

EMCOR Group Price Performance

Shares of EME stock opened at $753.90 on Monday. EMCOR Group, Inc. has a 1-year low of $564.92 and a 1-year high of $951.96. The firm has a market cap of $33.25 billion, a PE ratio of 23.45 and a beta of 1.13. The company has a 50-day moving average of $779.10 and a two-hundred day moving average of $799.58.

EMCOR Group (NYSE:EME) last released its quarterly earnings results on Thursday, July 30th. The construction company reported $9.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.23 by $1.83. EMCOR Group had a net margin of 7.74% and a return on equity of 35.49%. The business had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $4.71 billion. During the same period in the previous year, the firm earned $6.72 EPS. The business’s revenue was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. Sell-side analysts anticipate that EMCOR Group, Inc. will post 33.04 EPS for the current fiscal year.

EMCOR Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th were given a $0.40 dividend. The ex-dividend date of this dividend was Wednesday, July 15th. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. EMCOR Group’s payout ratio is presently 4.98%.

Wall Street Analysts Forecast Growth

EME has been the subject of several analyst reports. Oppenheimer increased their price target 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. Weiss Ratings lowered shares of EMCOR Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, August 27th. Cantor Fitzgerald decreased their price objective on EMCOR Group from $1,123.00 to $1,047.00 and set an “overweight” rating on the stock in a report on Monday, August 10th. Zacks Research upgraded EMCOR Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Finally, DA Davidson set a $1,047.00 target price on EMCOR Group in a research note on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, EMCOR Group currently has a consensus rating of “Buy” and an average price target of $965.86.

EMCOR Group Company 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.