UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 34,358 Shares of EMCOR Group, Inc. $EME

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in EMCOR Group, Inc. (NYSE:EME) by 9.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 416,734 shares of the construction company’s stock after purchasing an additional 34,358 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.94% of EMCOR Group worth $345,839,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. North Dakota State Investment Board bought a new stake in EMCOR Group during the 4th quarter worth approximately $928,000. Sapient Capital LLC bought a new position in shares of EMCOR Group in the second quarter worth approximately $5,962,000. Thrivent Financial for Lutherans boosted its position in shares of EMCOR Group by 663.4% in the fourth quarter. Thrivent Financial for Lutherans now owns 113,562 shares of the construction company’s stock worth $69,476,000 after purchasing an additional 98,687 shares during the period. Summit Global Investments purchased a new stake in shares of EMCOR Group in the second quarter worth $3,791,000. Finally, Passumpsic Savings Bank purchased a new stake in shares of EMCOR Group in the fourth quarter worth $1,726,000. 92.59% of the stock is owned by institutional investors.

EMCOR Group Price Performance

EMCOR Group stock opened at $740.85 on Monday. The stock has a market cap of $32.68 billion, a P/E ratio of 23.04 and a beta of 1.14. EMCOR Group, Inc. has a 1 year low of $564.92 and a 1 year high of $951.96. The firm’s 50 day moving average price is $789.57 and its 200-day moving average price is $801.46.

EMCOR Group (NYSE:EME) last issued its earnings results on Thursday, July 30th. The construction company reported $9.06 earnings per share for the quarter, topping analysts’ consensus estimates of $7.23 by $1.83. The firm 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%. EMCOR Group’s revenue for the quarter was up 19.7% on a year-over-year basis. During the same quarter 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 analysts expect that EMCOR Group, Inc. will post 33.04 EPS for the current year.

EMCOR Group Announces Dividend

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

Insider Buying and Selling at EMCOR Group

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

Analyst Ratings Changes

A number of research firms recently weighed in on EME. Oppenheimer lifted their target price 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. DA Davidson set a $1,047.00 price target on EMCOR Group in a research note on Monday, August 10th. Zacks Research raised EMCOR Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. UBS Group boosted their price objective on EMCOR Group from $975.00 to $1,065.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Finally, Weiss Ratings lowered EMCOR Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, EMCOR Group presently has an average rating of “Buy” and an average target price of $965.86.

EMCOR Group 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.