Orion Porfolio Solutions LLC Sells 754 Shares of EMCOR Group, Inc. $EME

Orion Porfolio Solutions LLC lessened its stake in EMCOR Group, Inc. (NYSE:EME) by 8.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,395 shares of the construction company’s stock after selling 754 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in EMCOR Group were worth $5,453,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of EME. Asahi Life Asset Management CO. LTD. bought a new stake in EMCOR Group during the 3rd quarter worth about $445,000. Machina Capital S.A.S. acquired a new position in EMCOR Group during the 3rd quarter valued at about $1,074,000. Donoghue Forlines LLC bought a new position in shares of EMCOR Group in the 3rd quarter valued at about $2,221,000. Pinnbrook Capital Management LP bought a new position in shares of EMCOR Group in the 2nd quarter valued at about $1,510,000. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in shares of EMCOR Group during the 2nd quarter worth approximately $995,000. 92.59% of the stock is owned by institutional investors.

EMCOR Group Price Performance

Shares of NYSE:EME opened at $705.74 on Friday. The firm’s 50 day simple moving average is $718.67 and its 200 day simple moving average is $668.47. EMCOR Group, Inc. has a fifty-two week low of $320.89 and a fifty-two week high of $835.00. The company has a market capitalization of $31.43 billion, a price-to-earnings ratio of 25.00 and a beta of 1.16.

EMCOR Group (NYSE:EME) last issued its quarterly earnings data on Thursday, February 26th. The construction company reported $7.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.68 by $0.51. EMCOR Group had a net margin of 7.49% and a return on equity of 35.89%. The firm had revenue of $4.51 billion during the quarter, compared to analysts’ expectations of $4.28 billion. During the same quarter in the previous year, the company earned $6.32 earnings per share. The business’s revenue for the quarter was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. Equities research analysts expect that EMCOR Group, Inc. will post 20.74 earnings per share for the current year.

EMCOR Group declared that its board has authorized a stock buyback program on Thursday, December 18th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the construction company to purchase up to 1.9% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its stock is undervalued.

EMCOR Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, January 14th were issued a $0.40 dividend. This is a positive change from EMCOR Group’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Wednesday, January 14th. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. EMCOR Group’s dividend payout ratio (DPR) is presently 5.67%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on EME. Wall Street Zen downgraded shares of EMCOR Group from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 8th. DA Davidson lifted their target price on shares of EMCOR Group from $800.00 to $900.00 and gave the stock a “buy” rating in a report on Friday, February 27th. UBS Group upped their target price on shares of EMCOR Group from $900.00 to $945.00 and gave the company a “buy” rating in a research report on Friday. Zacks Research downgraded EMCOR Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 19th. Finally, Robert W. Baird raised their price target on EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a research report on Friday, February 27th. Eight investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $773.83.

EMCOR Group 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.