EMCOR Group, Inc. $EME Stock: Robeco Schweiz AG Reduces Stake

Robeco Schweiz AG reduced its holdings in EMCOR Group, Inc. (NYSE:EME) by 11.8% during the third quarter, Holdings Channel reports. The firm owned 57,743 shares of the construction company’s stock after selling 7,717 shares during the period. Robeco Schweiz AG’s holdings in EMCOR Group were worth $43,567,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in EME. BlackRock Inc. bought a new stake in EMCOR Group during the second quarter worth approximately $3,416,412,000. Deutsche Bank AG acquired a new position in EMCOR Group in the second quarter worth approximately $342,273,000. Bank of America Corp DE acquired a new position in EMCOR Group in the second quarter worth approximately $282,509,000. Bank of New York Mellon Corp bought a new position in shares of EMCOR Group in the second quarter valued at $207,597,000. Finally, Legal & General Group Plc bought a new position in shares of EMCOR Group in the second quarter valued at $168,025,000. 92.59% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently commented on EME shares. Zacks Research downgraded EMCOR Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 19th. The Goldman Sachs Group reduced their price objective on EMCOR Group from $885.00 to $795.00 and set a “neutral” rating for the company in a research note on Tuesday. Weiss Ratings cut EMCOR Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, August 27th. UBS Group reaffirmed a “buy” rating on shares of EMCOR Group in a research report on Friday, October 9th. Finally, Oppenheimer boosted their target price on 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. Seven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $982.86.

EMCOR Group Trading Down 2.1%

EMCOR Group stock opened at $646.85 on Friday. The company has a market capitalization of $28.53 billion, a P/E ratio of 20.12 and a beta of 1.12. The firm’s fifty day simple moving average is $755.99 and its 200-day simple moving average is $799.85. EMCOR Group, Inc. has a 1-year low of $564.92 and a 1-year high of $951.96.

EMCOR Group (NYSE:EME) last issued its quarterly earnings data on Thursday, July 30th. The construction company reported $9.06 earnings per share (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 analysts’ expectations of $4.71 billion. EMCOR Group had a net margin of 7.74% and a return on equity of 35.49%. EMCOR Group’s revenue for the quarter was up 19.7% on a year-over-year basis. During the same period in the prior year, the company posted $6.72 earnings per share. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. On average, equities research analysts predict that EMCOR Group, Inc. will post 32.98 earnings per share for the current year.

EMCOR Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Thursday, October 15th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.2%. The ex-dividend date is Thursday, October 15th. EMCOR Group’s dividend payout ratio (DPR) is 4.98%.

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.