UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Boosts Stock Position in EMCOR Group, Inc. $EME

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in EMCOR Group, Inc. (NYSE:EME) by 9.0% during the 2nd quarter, HoldingsChannel reports. The firm owned 416,734 shares of the construction company’s stock after buying an additional 34,358 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in EMCOR Group were worth $345,839,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. New Mexico Educational Retirement Board lifted its position in EMCOR Group by 15.0% during the second quarter. New Mexico Educational Retirement Board now owns 2,300 shares of the construction company’s stock valued at $1,909,000 after purchasing an additional 300 shares during the last quarter. Royal London Asset Management Ltd. increased its holdings in shares of EMCOR Group by 35.9% in the 2nd quarter. Royal London Asset Management Ltd. now owns 6,840 shares of the construction company’s stock worth $5,676,000 after buying an additional 1,806 shares during the last quarter. Mufg Securities Americas Inc. increased its holdings in shares of EMCOR Group by 8.1% in the 2nd quarter. Mufg Securities Americas Inc. now owns 1,339 shares of the construction company’s stock worth $1,111,000 after buying an additional 100 shares during the last quarter. Nissay Asset Management Corp Japan raised its position in shares of EMCOR Group by 2.0% during the 2nd quarter. Nissay Asset Management Corp Japan now owns 6,097 shares of the construction company’s stock valued at $5,060,000 after buying an additional 119 shares in the last quarter. Finally, Navellier & Associates Inc. raised its position in shares of EMCOR Group by 1.3% during the 2nd quarter. Navellier & Associates Inc. now owns 40,924 shares of the construction company’s stock valued at $33,962,000 after buying an additional 513 shares in the last quarter. Hedge funds and other institutional investors own 92.59% of the company’s stock.

EMCOR Group Trading Up 0.1%

EMCOR Group stock opened at $740.85 on Monday. EMCOR Group, Inc. has a 12-month low of $564.92 and a 12-month high of $951.96. The firm has a 50-day moving average price of $789.57 and a 200-day moving average price of $801.46. The firm has a market capitalization of $32.68 billion, a PE ratio of 23.04 and a beta of 1.14.

EMCOR Group (NYSE:EME) last issued its quarterly 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. EMCOR Group had a net margin of 7.74% and a return on equity of 35.49%. The company had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $4.71 billion. During the same period in the prior year, the firm posted $6.72 EPS. The firm’s revenue was up 19.7% compared to the same quarter last year. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. As a group, sell-side analysts predict that EMCOR Group, Inc. will post 33.04 earnings per share for the current fiscal year.

EMCOR Group Dividend Announcement

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

Insider Buying and Selling at EMCOR Group

In other news, Director Carol P. Lowe sold 950 shares of the stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $844.50, for a total value of $802,275.00. Following the sale, the director directly owned 17,278 shares in the company, valued at approximately $14,591,271. This represents a 5.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.73% of the company’s stock.

Wall Street Analyst Weigh In

EME has been the subject of several recent research reports. Cantor Fitzgerald dropped their price target on EMCOR Group from $1,123.00 to $1,047.00 and set an “overweight” rating for the company in a research report on Monday, August 10th. Oppenheimer raised their price objective on 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 cut EMCOR Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday. DA Davidson set a $1,047.00 target price on EMCOR Group in a research report on Monday, August 10th. Finally, Zacks Research raised EMCOR Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average 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.