EMCOR Group, Inc. $EME Shares Acquired by Vinva Investment Management Ltd

Vinva Investment Management Ltd increased its position in EMCOR Group, Inc. (NYSE:EME) by 1.9% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 52,289 shares of the construction company’s stock after purchasing an additional 971 shares during the period. EMCOR Group accounts for about 0.7% of Vinva Investment Management Ltd’s investment portfolio, making the stock its 23rd biggest holding. Vinva Investment Management Ltd owned about 0.12% of EMCOR Group worth $33,498,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of EMCOR Group by 17.6% during the 3rd quarter. Vanguard Group Inc. now owns 5,332,636 shares of the construction company’s stock valued at $3,463,760,000 after acquiring an additional 798,975 shares in the last quarter. Norges Bank acquired a new stake in shares of EMCOR Group during the second quarter worth $344,548,000. Victory Capital Management Inc. lifted its position in shares of EMCOR Group by 48.8% in the 3rd quarter. Victory Capital Management Inc. now owns 949,360 shares of the construction company’s stock worth $572,351,000 after buying an additional 311,474 shares during the last quarter. Federated Hermes Inc. boosted its holdings in shares of EMCOR Group by 56.4% in the 2nd quarter. Federated Hermes Inc. now owns 322,437 shares of the construction company’s stock valued at $172,468,000 after buying an additional 116,289 shares during the period. Finally, American Century Companies Inc. boosted its holdings in shares of EMCOR Group by 40.2% in the 2nd quarter. American Century Companies Inc. now owns 349,517 shares of the construction company’s stock valued at $186,953,000 after buying an additional 100,144 shares during the period. Institutional investors and hedge funds own 92.59% of the company’s stock.

EMCOR Group Stock Down 1.8%

Shares of EME stock opened at $705.74 on Friday. The stock has a 50-day simple moving average of $718.67 and a 200 day simple moving average of $668.47. The stock has a market capitalization of $31.43 billion, a P/E ratio of 25.00 and a beta of 1.16. EMCOR Group, Inc. has a fifty-two week low of $320.89 and a fifty-two week high of $835.00.

EMCOR Group (NYSE:EME) last issued its quarterly earnings results on Thursday, February 26th. The construction company reported $7.19 EPS for the quarter, topping the consensus estimate of $6.68 by $0.51. EMCOR Group had a net margin of 7.49% and a return on equity of 35.89%. The firm had revenue of $4.51 billion for the quarter, compared to analysts’ expectations of $4.28 billion. During the same period in the previous year, the business earned $6.32 earnings per share. EMCOR Group’s revenue for the quarter was up 19.7% compared to the same quarter last year. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. On average, sell-side analysts anticipate that EMCOR Group, Inc. will post 20.74 earnings per share for the current year.

EMCOR Group Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, January 14th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Wednesday, January 14th. This is an increase from EMCOR Group’s previous quarterly dividend of $0.25. EMCOR Group’s payout ratio is presently 5.67%.

EMCOR Group announced that its Board of Directors has authorized a share buyback program on Thursday, December 18th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the construction company to purchase up to 1.9% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on EME. Stifel Nicolaus raised their target price on shares of EMCOR Group from $754.00 to $814.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a research report on Wednesday, January 21st. Robert W. Baird increased their target price on EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a research report on Friday, February 27th. Wall Street Zen cut EMCOR Group from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 8th. Finally, DA Davidson upped their price target on shares of EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. Eight investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $773.83.

About EMCOR Group

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.