Two Sigma Securities LLC Purchases New Position in EMCOR Group, Inc. $EME

Two Sigma Securities LLC acquired a new position in shares of EMCOR Group, Inc. (NYSE:EME) in the second quarter, HoldingsChannel reports. The institutional investor acquired 1,628 shares of the construction company’s stock, valued at approximately $1,351,000.

Other institutional investors have also added to or reduced their stakes in the company. Benjamin Edwards Inc. grew its holdings in EMCOR Group by 6.4% in the 2nd quarter. Benjamin Edwards Inc. now owns 3,019 shares of the construction company’s stock valued at $2,506,000 after buying an additional 182 shares in the last quarter. Cookson Peirce & Co. Inc. boosted its position in shares of EMCOR Group by 2.9% in the second quarter. Cookson Peirce & Co. Inc. now owns 59,774 shares of the construction company’s stock valued at $49,605,000 after acquiring an additional 1,666 shares during the period. Greenleaf Trust boosted its position in shares of EMCOR Group by 9.0% in the second quarter. Greenleaf Trust now owns 912 shares of the construction company’s stock valued at $757,000 after acquiring an additional 75 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of EMCOR Group by 9.0% in 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 acquiring an additional 34,358 shares in the last quarter. Finally, New Mexico Educational Retirement Board increased its position in EMCOR Group by 15.0% during the second quarter. New Mexico Educational Retirement Board now owns 2,300 shares of the construction company’s stock worth $1,909,000 after acquiring an additional 300 shares during the period. 92.59% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Zacks Research raised EMCOR Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Cantor Fitzgerald reduced their target price on 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. Weiss Ratings downgraded EMCOR Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday. UBS Group upped their price objective on shares of EMCOR Group from $975.00 to $1,065.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Finally, DA Davidson set a $1,047.00 price objective on shares of EMCOR Group in a research note 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, the company currently has a consensus rating of “Buy” and a consensus price target of $965.86.

Insider Transactions at EMCOR Group

In other news, Director Carol P. Lowe sold 950 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total value of $802,275.00. Following the completion of the sale, the director directly owned 17,278 shares in the company, valued at approximately $14,591,271. The trade was a 5.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.73% of the stock is currently owned by company insiders.

EMCOR Group Stock Down 0.7%

Shares of EME stock opened at $734.73 on Tuesday. The firm has a 50 day moving average of $786.87 and a 200-day moving average of $801.16. The company has a market cap of $32.41 billion, a price-to-earnings ratio of 22.85 and a beta of 1.14. EMCOR Group, Inc. has a 52 week low of $564.92 and a 52 week high of $951.96.

EMCOR Group (NYSE:EME) last issued its quarterly earnings data on Thursday, July 30th. The construction company reported $9.06 EPS for the quarter, topping the consensus estimate 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 return on equity of 35.49% and a net margin of 7.74%.The company’s quarterly revenue was up 19.7% compared to the same quarter last year. During the same period in the prior year, the business posted $6.72 earnings per share. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. Analysts anticipate that EMCOR Group, Inc. will post 33.04 earnings per share for the current year.

EMCOR Group Announces Dividend

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