EMCOR Group, Inc. $EME Stock Holdings Lessened by Westover Capital Advisors LLC

Westover Capital Advisors LLC lessened its holdings in shares of EMCOR Group, Inc. (NYSE:EME) by 21.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,190 shares of the construction company’s stock after selling 1,413 shares during the period. Westover Capital Advisors LLC’s holdings in EMCOR Group were worth $3,916,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in EME. BlackRock Inc. purchased a new stake in EMCOR Group in the second quarter worth about $3,416,412,000. First Trust Advisors LP boosted its holdings in EMCOR Group by 7.3% in the first quarter. First Trust Advisors LP now owns 630,406 shares of the construction company’s stock worth $465,435,000 after purchasing an additional 42,949 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in EMCOR Group by 9.0% during 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 buying an additional 34,358 shares during the period. Deutsche Bank AG purchased a new stake in EMCOR Group in the 2nd quarter worth approximately $342,273,000. Finally, Value Aligned Research Advisors LLC raised its stake in EMCOR Group by 56.6% during the 2nd quarter. Value Aligned Research Advisors LLC now owns 349,960 shares of the construction company’s stock valued at $290,425,000 after purchasing an additional 126,439 shares during the period. 92.59% of the stock is currently owned by institutional investors.

EMCOR Group Stock Performance

Shares of EMCOR Group stock opened at $664.38 on Tuesday. The firm has a market capitalization of $29.31 billion, a price-to-earnings ratio of 20.67 and a beta of 1.12. EMCOR Group, Inc. has a fifty-two week low of $564.92 and a fifty-two week high of $951.96. The stock has a 50 day moving average of $754.20 and a 200 day moving average of $778.97.

EMCOR Group (NYSE:EME) last posted its quarterly earnings data on Thursday, July 30th. The construction company reported $9.06 EPS for the quarter, beating the consensus estimate of $7.23 by $1.83. The business had revenue of $5.15 billion during the quarter, compared to analyst estimates of $4.71 billion. EMCOR Group had a net margin of 7.74% and a return on equity of 35.49%. The business’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same quarter last year, the firm posted $6.72 earnings per share. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. Analysts forecast that EMCOR Group, Inc. will post 32.98 EPS for the current year.

EMCOR Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Thursday, October 15th will be paid a $0.40 dividend. 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 is currently 4.98%.

Analyst Ratings Changes

Several analysts have recently issued reports on EME shares. UBS Group restated a “buy” rating on shares of EMCOR Group in a research report on Friday, October 9th. DA Davidson set a $1,047.00 target price on shares of EMCOR Group in a report on Monday, August 10th. Oppenheimer boosted their target price 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. The Goldman Sachs Group decreased their target price on shares of EMCOR Group from $885.00 to $795.00 and set a “neutral” rating for the company in a research report on Tuesday, October 20th. Finally, Weiss Ratings cut EMCOR Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, August 27th. Seven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $982.86.

EMCOR Group 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.