VIRGINIA RETIREMENT SYSTEMS ET Al Takes Position in EMCOR Group, Inc. $EME

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of EMCOR Group, Inc. (NYSE:EME) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 76,613 shares of the construction company’s stock, valued at approximately $63,580,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned about 0.17% of EMCOR Group as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also bought and sold shares of EME. Whittier Trust Co. of Nevada Inc. raised its stake in EMCOR Group by 3.8% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 356 shares of the construction company’s stock valued at $270,000 after buying an additional 13 shares in the last quarter. PAX Financial Group LLC grew its position in shares of EMCOR Group by 3.6% in the 4th quarter. PAX Financial Group LLC now owns 404 shares of the construction company’s stock worth $247,000 after acquiring an additional 14 shares in the last quarter. Cornerstone Wealth Management LLC increased its holdings in shares of EMCOR Group by 2.1% in the 4th quarter. Cornerstone Wealth Management LLC now owns 739 shares of the construction company’s stock valued at $452,000 after acquiring an additional 15 shares during the last quarter. Investment Advisory Services Inc. TX ADV increased its holdings in shares of EMCOR Group by 3.7% in the 1st quarter. Investment Advisory Services Inc. TX ADV now owns 419 shares of the construction company’s stock valued at $309,000 after acquiring an additional 15 shares during the last quarter. Finally, Narus Financial Partners LLC raised its position in shares of EMCOR Group by 2.0% during the 1st quarter. Narus Financial Partners LLC now owns 798 shares of the construction company’s stock valued at $589,000 after acquiring an additional 16 shares in the last quarter. 92.59% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Carol Lowe sold 950 shares of the stock in a transaction 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 completion of the transaction, the director owned 17,278 shares of the company’s stock, valued at approximately $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 SEC, which can be accessed through this link. Insiders own 0.73% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on EME shares. Oppenheimer raised their price objective on EMCOR Group from $1,100.00 to $1,200.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Weiss Ratings cut shares of EMCOR Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, August 27th. Zacks Research upgraded shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Cantor Fitzgerald decreased their price target on shares of 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. Finally, UBS Group lifted their price target on shares of EMCOR Group from $975.00 to $1,065.00 and gave the company a “buy” rating in a report on Friday, July 31st. 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 company’s stock. According to data from MarketBeat.com, EMCOR Group has an average rating of “Buy” and an average target price of $965.86.

EMCOR Group Stock Down 0.0%

EMCOR Group stock opened at $753.90 on Monday. EMCOR Group, Inc. has a 52-week low of $564.92 and a 52-week high of $951.96. 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 has a 50-day moving average price of $779.10 and a two-hundred day moving average price of $799.58.

EMCOR Group (NYSE:EME) last announced 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 analyst estimates of $4.71 billion. During the same quarter last year, the business earned $6.72 earnings per share. EMCOR Group’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. Research analysts expect that EMCOR Group, Inc. will post 33.04 earnings per share for the current year.

EMCOR Group Dividend Announcement

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

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.