The Manufacturers Life Insurance Company Reduces Holdings in EMCOR Group, Inc. $EME

The Manufacturers Life Insurance Company reduced its position in EMCOR Group, Inc. (NYSE:EME) by 8.7% in the 1st quarter, Holdings Channel reports. The firm owned 30,684 shares of the construction company’s stock after selling 2,917 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in EMCOR Group were worth $22,654,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EME. Swiss RE Ltd. acquired a new stake in shares of EMCOR Group in the fourth quarter valued at about $25,000. Ascentis Independent Advisors acquired a new position in EMCOR Group during the first quarter worth about $27,000. Zions Bancorporation National Association UT acquired a new position in EMCOR Group during the fourth quarter worth about $28,000. Activest Wealth Management grew its stake in EMCOR Group by 800.0% during the 4th quarter. Activest Wealth Management now owns 54 shares of the construction company’s stock valued at $33,000 after acquiring an additional 48 shares in the last quarter. Finally, Richardson Financial Services Inc. grew its stake in EMCOR Group by 71.9% during the 4th quarter. Richardson Financial Services Inc. now owns 55 shares of the construction company’s stock valued at $34,000 after acquiring an additional 23 shares in the last quarter. Hedge funds and other institutional investors own 92.59% of the company’s stock.

Insider Buying and Selling at EMCOR Group

In related news, Director Carol P. Lowe sold 950 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $844.50, for a total transaction of $802,275.00. Following the completion of the sale, the director directly owned 17,278 shares of the company’s stock, valued at approximately $14,591,271. This trade represents a 5.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director William P. Reid sold 2,000 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $925.78, for a total transaction of $1,851,560.00. Following the completion of the sale, the director owned 10,149 shares in the company, valued at approximately $9,395,741.22. This trade represents a 16.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.73% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on EME. Wall Street Zen upgraded EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Oppenheimer lifted their price objective on EMCOR Group from $1,100.00 to $1,200.00 and gave the stock an “outperform” rating in a research report on Friday. UBS Group boosted their price objective on EMCOR Group from $975.00 to $1,065.00 and gave the stock a “buy” rating in a research note on Friday. Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a report on Friday, July 17th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $1,123.00 target price on shares of EMCOR Group in a research note on Tuesday, June 16th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $898.75.

EMCOR Group News Roundup

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

• Positive Sentiment: Record revenue and major earnings beat: Second-quarter revenue rose nearly 20% year over year to a record $5.15 billion, while EPS of $9.06 exceeded the $7.23 consensus estimate and increased from $6.72 a year earlier. Broad-based growth and improved margins strengthened the results. EMCOR Group Reports Second Quarter 2026 Results
• Positive Sentiment: Higher 2026 outlook: EMCOR raised its full-year EPS guidance to $32.00–$33.25, well above the approximately $29.31 analyst consensus, and forecast revenue of $20.0–$20.5 billion versus expectations near $19.0 billion. EME Q2 Earnings Beat Estimates
• Positive Sentiment: Data-center demand and backlog support growth: Management highlighted strong demand from data-center construction, a record backlog and broad-based activity across the business, providing visibility into future revenue and helping drive the upgraded outlook. EME Earnings Call Highlights
• Neutral Sentiment: Acquisition strategy remains a potential catalyst: EMCOR is reportedly seeking additional acquisitions, which could expand capabilities and growth but also introduces integration and capital-allocation considerations. EMCOR Group Seeking Acquisitions
• Neutral Sentiment: Valuation may limit near-term upside: The shares trade at roughly 27 times earnings after a substantial advance over the past year, increasing the market’s expectations and the risk of profit-taking despite the strong operating performance. EMCOR Valuation Attention

EMCOR Group Stock Performance

EME stock opened at $799.83 on Friday. The firm has a market cap of $35.54 billion, a PE ratio of 24.88 and a beta of 1.13. The firm’s 50 day moving average price is $801.11 and its 200-day moving average price is $787.78. EMCOR Group, Inc. has a one year low of $564.92 and a one 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 for the quarter, topping the consensus estimate of $7.23 by $1.83. The company had revenue of $5.15 billion during the quarter, compared to analyst estimates of $4.71 billion. EMCOR Group had a return on equity of 35.49% and a net margin of 7.74%.The firm’s revenue for the quarter 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. Equities research analysts predict that EMCOR Group, Inc. will post 32.63 EPS for the current fiscal year.

EMCOR Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Wednesday, July 15th. EMCOR Group’s dividend payout ratio is 4.98%.

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.