EMCOR Group, Inc. (NYSE:EME) Stock Has Average Target Price of $965.86

Key Points

• Analysts remain bullish on EMCOR Group: Nine firms give the stock a consensus “Buy” rating, with an average 12-month price target of $965.86 versus its recent price of $754.43.
• Institutional ownership is high at 92.59%. Several investment firms increased their holdings during the second quarter, including MCF Advisors, which boosted its position by 145%.
• EMCOR exceeded quarterly expectations: The company reported EPS of $9.06 versus the $7.23 consensus and revenue of $5.15 billion, up 19.7% year over year. Management issued fiscal 2026 EPS guidance of $32.00–$33.25.

Shares of EMCOR Group, Inc. (NYSE:EME - Get Free Report) have received a consensus rating of "Buy" from the nine ratings firms that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation, seven have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $965.86.

Several research analysts have recently issued reports on the company. DA Davidson set a $1,047.00 target price on EMCOR Group in a research report on Monday, August 10th. Cantor Fitzgerald dropped their price target on EMCOR Group from $1,123.00 to $1,047.00 and set an "overweight" rating on the stock in a research report on Monday, August 10th. Weiss Ratings cut EMCOR Group from a "buy (b)" rating to a "buy (b-)" rating in a research note on Thursday, August 27th. UBS Group increased their price objective on EMCOR Group from $975.00 to $1,065.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Finally, Zacks Research upgraded EMCOR Group from a "hold" rating to a "strong-buy" rating in a report on Tuesday, June 30th.

Institutional Investors Weigh In On EMCOR Group

Several hedge funds have recently bought and sold shares of EME. QRG Capital Management Inc. grew its holdings in EMCOR Group by 0.8% in the second quarter. QRG Capital Management Inc. now owns 3,095 shares of the construction company's stock worth $2,568,000 after purchasing an additional 25 shares during the period. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of EMCOR Group by 2.5% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 2,607 shares of the construction company's stock valued at $2,164,000 after purchasing an additional 63 shares during the last quarter. Sequoia Financial Advisors LLC lifted its holdings in shares of EMCOR Group by 3.6% during the second quarter. Sequoia Financial Advisors LLC now owns 3,142 shares of the construction company's stock valued at $2,607,000 after purchasing an additional 110 shares during the last quarter. Tidal Investments LLC boosted its position in shares of EMCOR Group by 3.9% in the 2nd quarter. Tidal Investments LLC now owns 13,484 shares of the construction company's stock worth $11,190,000 after purchasing an additional 505 shares in the last quarter. Finally, MCF Advisors LLC boosted its position in shares of EMCOR Group by 145.0% in the 2nd quarter. MCF Advisors LLC now owns 267 shares of the construction company's stock worth $222,000 after purchasing an additional 158 shares in the last quarter. Institutional investors own 92.59% of the company's stock.

EMCOR Group Trading Down 1.0%

Shares of EME opened at $754.43 on Thursday. EMCOR Group has a 1-year low of $564.92 and a 1-year high of $951.96. The firm's 50-day moving average price is $771.47 and its 200-day moving average price is $799.45. The firm has a market capitalization of $33.28 billion, a price-to-earnings ratio of 23.47 and a beta of 1.13.

EMCOR Group (NYSE:EME - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The construction company reported $9.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $7.23 by $1.83. EMCOR Group had a net margin of 7.74% and a return on equity of 35.49%. The company had revenue of $5.15 billion during the quarter, compared to the consensus estimate of $4.71 billion. During the same period in the prior year, the firm earned $6.72 earnings per share. EMCOR Group's revenue was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. On average, research analysts forecast that EMCOR Group will post 32.98 EPS for the current fiscal year.

EMCOR Group Company Profile

EMCOR Group, Inc is a specialty construction and facilities services company headquartered in Norwalk, Connecticut. The company provides mechanical and electrical construction, building services, industrial services, energy infrastructure, and related maintenance solutions for commercial, industrial, institutional, governmental, and utility customers.

Its activities include designing and installing heating, ventilation, and air-conditioning systems; electrical power and communications infrastructure; plumbing and piping systems; fire protection; process systems; and building automation technologies.

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