Focus Partners Advisor Solutions LLC Acquires New Position in EMCOR Group, Inc. $EME

Focus Partners Advisor Solutions LLC acquired a new position in shares of EMCOR Group, Inc. (NYSE:EME) during the second quarter, HoldingsChannel reports. The fund acquired 3,141 shares of the construction company’s stock, valued at approximately $2,607,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EME. Swiss RE Ltd. acquired a new stake in shares of EMCOR Group during the 4th quarter valued at approximately $25,000. Ascentis Independent Advisors acquired a new stake in shares of EMCOR Group in the 1st quarter worth approximately $27,000. Zions Bancorporation National Association UT acquired a new stake in shares of EMCOR Group in the 4th quarter worth approximately $28,000. Activest Wealth Management increased its stake in EMCOR Group by 800.0% in the 4th quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock valued at $33,000 after purchasing an additional 48 shares in the last quarter. Finally, Basecamp Wealth Advisors LLC increased its stake in EMCOR Group by 4,700.0% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 48 shares of the construction company’s stock valued at $35,000 after purchasing an additional 47 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 P. Lowe sold 950 shares of the company’s 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 sale, the director directly owned 17,278 shares in the company, valued at $14,591,271. This represents a 5.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.73% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

EME has been the topic of a number of research analyst reports. Zacks Research upgraded EMCOR Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. DA Davidson set a $1,047.00 target price on EMCOR Group in a report on Monday, August 10th. Stifel Nicolaus set a $918.00 price target on EMCOR Group in a research report on Thursday, April 30th. Cantor Fitzgerald cut 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 note on Monday, August 10th. Finally, Oppenheimer boosted their price objective on shares of EMCOR Group from $1,100.00 to $1,200.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $965.86.

EMCOR Group Price Performance

Shares of EME opened at $837.20 on Friday. EMCOR Group, Inc. has a 1-year low of $564.92 and a 1-year high of $951.96. The stock has a market cap of $36.93 billion, a price-to-earnings ratio of 26.04 and a beta of 1.14. The firm has a 50 day simple moving average of $797.43 and a 200-day simple moving average of $797.26.

EMCOR Group (NYSE:EME) last posted its earnings results on Thursday, July 30th. The construction company reported $9.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.23 by $1.83. EMCOR Group had a return on equity of 35.49% and a net margin of 7.74%.The firm had revenue of $5.15 billion for the quarter, compared to analyst estimates of $4.71 billion. During the same quarter in the prior year, the company earned $6.72 EPS. EMCOR Group’s revenue was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. On average, equities analysts expect that EMCOR Group, Inc. will post 33.04 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th 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 of this dividend 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.