EMCOR Group, Inc. $EME Shares Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al boosted its position in shares of EMCOR Group, Inc. (NYSE:EME) by 2.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 78,853 shares of the construction company’s stock after acquiring an additional 2,240 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al owned 0.18% of EMCOR Group worth $59,494,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in EME. NewEdge Advisors LLC increased its holdings in shares of EMCOR Group by 13.3% during the 2nd quarter. NewEdge Advisors LLC now owns 17,873 shares of the construction company’s stock worth $14,833,000 after acquiring an additional 2,099 shares during the last quarter. Nykredit A S bought a new position in EMCOR Group during the second quarter worth $18,443,000. Summit Global Investments bought a new position in EMCOR Group during the second quarter worth $3,791,000. Sapient Capital LLC bought a new stake in shares of EMCOR Group during the 2nd quarter worth about $5,962,000. Finally, Value Aligned Research Advisors LLC lifted its position in EMCOR Group by 56.6% during the second quarter. Value Aligned Research Advisors LLC now owns 349,960 shares of the construction company’s stock worth $290,425,000 after acquiring an additional 126,439 shares during the last quarter. Institutional investors and hedge funds own 92.59% of the company’s stock.

Key EMCOR Group News

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

• Positive Sentiment: Record Q3 results beat expectations. EMCOR reported adjusted earnings of $9.60 per share, exceeding the $8.37 consensus estimate, while revenue rose 28.8% year over year to a quarterly record of $5.54 billion, above the $5.19 billion forecast. EMCOR Group Reports Record Third Quarter 2026 Results
• Positive Sentiment: EMCOR raised its 2026 guidance. The company now expects adjusted earnings of $34.50 to $35.50 per share, well above the FactSet consensus of $32.99. The improved outlook reflects stronger margins, record project backlogs and continued execution. EMCOR Raises 2026 Earnings Outlook
• Positive Sentiment: Data-center demand remains a major growth driver. Management highlighted surging demand for data-center infrastructure, along with a sizable backlog, as support for sustained revenue growth and improving profitability. EME Q3 Earnings Call Highlights
• Positive Sentiment: A $500 million share-repurchase authorization allows EMCOR to buy back up to approximately 1.7% of its shares. The program may support earnings per share and signals that management views the stock as attractively valued. EMCOR Share Repurchase Program
• Neutral Sentiment: Analysts noted that non-GAAP profit measures were stronger than GAAP results, creating some uncertainty about the quality and sustainability of the earnings improvement even though the quarter produced another substantial beat. Why EMCOR Group Stock Popped
• Negative Sentiment: The pullback may reflect profit-taking after the earnings-driven advance. At roughly $677, EMCOR trades below its 50-day and 200-day moving averages, suggesting near-term investors remain cautious despite the improved fundamentals.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on EME shares. DA Davidson set a $1,047.00 price objective on EMCOR Group in a report on Monday, August 10th. Cantor Fitzgerald decreased their price objective 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. Oppenheimer lifted their target price on EMCOR Group from $1,100.00 to $1,200.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. Robert W. Baird upped their price target on shares of EMCOR Group from $900.00 to $918.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. Finally, Zacks Research lowered shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 19th. Seven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $998.57.

EMCOR Group Stock Down 1.8%

EME stock opened at $677.08 on Friday. EMCOR Group, Inc. has a 52 week low of $564.92 and a 52 week high of $951.96. The company has a market cap of $29.87 billion, a PE ratio of 19.56 and a beta of 1.12. The business has a 50-day simple moving average of $742.75 and a 200 day simple moving average of $779.57.

EMCOR Group (NYSE:EME) last posted its quarterly earnings results on Thursday, October 29th. The construction company reported $9.60 earnings per share for the quarter, beating analysts’ consensus estimates of $8.37 by $1.23. The company had revenue of $5.54 billion for the quarter, compared to the consensus estimate of $5.19 billion. EMCOR Group had a net margin of 7.78% and a return on equity of 36.65%. The firm’s quarterly revenue was up 28.8% compared to the same quarter last year. During the same period last year, the company posted $6.57 EPS. On average, analysts anticipate that EMCOR Group, Inc. will post 32.98 EPS for the current fiscal year.

EMCOR Group declared that its board has approved a share buyback program on Thursday, October 29th that authorizes the company to buy back $500 million in shares. This repurchase authorization authorizes the construction company to reacquire up to 1.7% of its shares through open market purchases. Share repurchase programs are usually a sign that the company’s leadership believes its shares are undervalued.

EMCOR Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 30th. Shareholders of record on Thursday, October 15th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Thursday, October 15th. EMCOR Group’s payout ratio 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.