EMCOR Group, Inc. $EME Shares Acquired by NEOS Investment Management LLC

NEOS Investment Management LLC grew its holdings in EMCOR Group, Inc. (NYSE:EME) by 16.7% in the 2nd quarter, HoldingsChannel reports. The firm owned 7,078 shares of the construction company’s stock after purchasing 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.

Other institutional investors have also recently made changes to their positions in the company. Swiss RE Ltd. acquired a new stake in EMCOR Group during the 4th quarter worth approximately $25,000. Ascentis Independent Advisors purchased a new position in EMCOR Group in the 1st quarter valued at approximately $27,000. Zions Bancorporation National Association UT acquired a new position in shares of EMCOR Group in the fourth quarter worth $28,000. Basecamp Wealth Advisors LLC grew its stake in shares of EMCOR Group by 4,700.0% in the first quarter. Basecamp Wealth Advisors LLC now owns 48 shares of the construction company’s stock worth $35,000 after acquiring an additional 47 shares in the last quarter. Finally, Elyxium Wealth LLC purchased a new stake in shares of EMCOR Group during the fourth quarter worth $37,000. Institutional investors and hedge funds own 92.59% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on EME shares. Cantor Fitzgerald decreased their target price on EMCOR Group from $1,123.00 to $1,047.00 and set an “overweight” rating for the company in a report on Monday, August 10th. Weiss Ratings downgraded EMCOR Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, August 27th. Oppenheimer increased their price target on EMCOR Group from $1,100.00 to $1,200.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. UBS Group lifted their price objective on EMCOR Group from $975.00 to $1,065.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Finally, DA Davidson set a $1,047.00 price objective on EMCOR Group in a research report on Monday, August 10th. One equities research 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. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $965.86.

Insider Activity at EMCOR Group

In other news, Director Carol 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 sale, the director owned 17,278 shares of the company’s stock, valued at approximately $14,591,271. This trade represents a 5.21% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.73% of the company’s stock.

EMCOR Group Trading Down 0.0%

Shares of EME opened at $753.90 on Monday. The firm has a market capitalization of $33.25 billion, a price-to-earnings ratio of 23.45 and a beta of 1.13. The firm’s fifty day simple moving average is $779.10 and its 200-day simple moving average is $799.58. EMCOR Group, Inc. has a twelve month low of $564.92 and a twelve month high of $951.96.

EMCOR Group (NYSE:EME) last issued its earnings results on Thursday, July 30th. The construction company reported $9.06 EPS 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 the consensus estimate of $4.71 billion. EMCOR Group had a net margin of 7.74% and a return on equity of 35.49%. The company’s revenue was up 19.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $6.72 earnings per share. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. On average, analysts predict that EMCOR Group, Inc. will post 33.04 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th were given 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 currently 4.98%.

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.