EMCOR Group, Inc. $EME Stock Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lowered its stake in shares of EMCOR Group, Inc. (NYSE:EME) by 17.2% in the third quarter, Holdings Channel.com reports. The firm owned 6,345 shares of the construction company’s stock after selling 1,319 shares during the period. Oppenheimer & Co. Inc.’s holdings in EMCOR Group were worth $4,787,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in shares of EMCOR Group in the second quarter worth approximately $3,416,412,000. First Trust Advisors LP boosted its position in shares of EMCOR Group by 7.3% during the first quarter. First Trust Advisors LP now owns 630,406 shares of the construction company’s stock valued at $465,435,000 after buying an additional 42,949 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of EMCOR Group by 9.0% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 416,734 shares of the construction company’s stock valued at $345,839,000 after buying an additional 34,358 shares during the last quarter. Deutsche Bank AG bought a new stake in EMCOR Group during the second quarter worth $342,273,000. Finally, Value Aligned Research Advisors LLC grew its holdings in EMCOR Group by 56.6% during the second quarter. Value Aligned Research Advisors LLC now owns 349,960 shares of the construction company’s stock worth $290,425,000 after buying an additional 126,439 shares in the last quarter. 92.59% of the stock is owned by institutional investors.

EMCOR Group Stock Performance

NYSE EME opened at $686.40 on Friday. EMCOR Group, Inc. has a 52-week low of $564.92 and a 52-week high of $951.96. The company has a 50-day simple moving average of $744.98 and a 200 day simple moving average of $779.49. The company has a market capitalization of $30.28 billion, a PE ratio of 22.88 and a beta of 1.12.

EMCOR Group (NYSE:EME) last announced its quarterly earnings data on Thursday, October 29th. The construction company reported $9.60 EPS for the quarter, topping the consensus estimate of $8.37 by $1.23. The business had revenue of $5.54 billion for the quarter, compared to analyst estimates of $5.19 billion. EMCOR Group had a net margin of 7.74% and a return on equity of 35.49%. The company’s revenue for the quarter was up 28.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $6.57 earnings per share. As a group, analysts forecast that EMCOR Group, Inc. will post 32.98 EPS for the current fiscal year.

EMCOR Group declared that its Board of Directors has authorized a stock repurchase plan on Thursday, October 29th that permits the company to repurchase $500 million in shares. This buyback authorization permits the construction company to buy up to 1.7% of its shares through open market purchases. Share buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

EMCOR Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Thursday, October 15th will be paid a $0.40 dividend. The ex-dividend date is Thursday, October 15th. This represents a $1.60 annualized dividend and a yield of 0.2%. EMCOR Group’s dividend payout ratio is presently 4.98%.

Key EMCOR Group News

Here are the key news stories impacting EMCOR Group this week:

• Positive Sentiment: Record quarterly performance: Third-quarter revenue reached $5.54 billion, up 28.8% year over year and above the $5.19 billion analyst consensus. Adjusted earnings were $9.60 per share, exceeding estimates of approximately $8.33-$8.37 and rising from $6.57 a year earlier. EMCOR Group Reports Record Third Quarter 2026 Results
• Positive Sentiment: Higher 2026 guidance: EMCOR now expects full-year adjusted EPS of $34.50 to $35.50, well above the FactSet consensus of $32.99. The raised outlook reinforces expectations for continued earnings growth and was a key catalyst for the stock’s advance. EMCOR Group Raises 2026 Guidance
• Positive Sentiment: Construction momentum remains strong: Investor coverage highlighted accelerating growth in EMCOR’s construction operations. The earnings beat, strong revenue growth and management’s outlook suggest demand remains resilient despite broader concerns about housing and interest rates. Why EMCOR Group Stock Popped
• Neutral Sentiment: Management discussed the results and outlook during the third-quarter earnings call, giving analysts an opportunity to assess the sustainability of project demand, margins and the raised forecast. EMCOR Group Q3 2026 Earnings Call Transcript
• Negative Sentiment: Although the earnings reaction was favorable, the stock remained below its 50-day and 200-day moving averages, indicating that investors may still be cautious about valuation, future growth expectations and the sustainability of recent gains.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. The Goldman Sachs Group reduced their target price on shares of EMCOR Group from $885.00 to $795.00 and set a “neutral” rating for the company in a research note on Tuesday, October 20th. Weiss Ratings lowered shares of EMCOR Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, August 27th. Cantor Fitzgerald cut their price target on shares of EMCOR Group from $1,123.00 to $1,047.00 and set an “overweight” rating on the stock in a report on Monday, August 10th. UBS Group reaffirmed a “buy” rating on shares of EMCOR Group in a research report on Friday, October 9th. Finally, Zacks Research lowered shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 19th. Seven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, EMCOR Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $982.86.

EMCOR Group Company Profile

EMCOR Group, Inc provides construction, engineering, and building services through a network of specialty contracting businesses. Its core activities include electrical and mechanical construction, energy infrastructure, building systems, facilities services, and industrial maintenance. The company serves commercial, institutional, industrial, manufacturing, healthcare, education, government, and infrastructure customers.

Its services cover the design, installation, operation, maintenance, and upgrading of electrical, heating, ventilation, air-conditioning, plumbing, fire protection, and building automation systems.