1,575 Shares in EMCOR Group, Inc. $EME Purchased by B. Riley Wealth Advisors Inc.

Key Points

• B. Riley Wealth Advisors acquired 1,575 EMCOR Group shares valued at approximately $1.19 million during the third quarter. Institutional investors and hedge funds collectively own 92.59% of the company.
• Analysts maintain a favorable outlook, with the stock carrying a consensus “Buy” rating and an average price target of $1,014.17, despite some target-price reductions.
• EMCOR recently exceeded earnings expectations, reporting $9.06 in quarterly EPS and $5.15 billion in revenue, while declaring a quarterly dividend of $0.40 per share.

B. Riley Wealth Advisors Inc. acquired a new position in EMCOR Group, Inc. (NYSE:EME - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,575 shares of the construction company's stock, valued at approximately $1,189,000.

Several other large investors have also recently made changes to their positions in EME. NewEdge Advisors LLC increased its position in shares of EMCOR Group by 13.3% during the second quarter. NewEdge Advisors LLC now owns 17,873 shares of the construction company's stock worth $14,833,000 after purchasing an additional 2,099 shares in the last quarter. Summit Global Investments acquired a new stake in shares of EMCOR Group in the 2nd quarter valued at about $3,791,000. Sapient Capital LLC acquired a new stake in shares of EMCOR Group in the 2nd quarter valued at about $5,962,000. Nykredit A S acquired a new stake in shares of EMCOR Group in the 2nd quarter valued at about $18,443,000. Finally, Oppenheimer Asset Management Inc. purchased a new position in EMCOR Group during the 2nd quarter worth approximately $3,640,000. 92.59% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have commented on EME shares. Weiss Ratings lowered EMCOR Group from a "buy (b)" rating to a "buy (b-)" rating in a research report on Thursday, August 27th. UBS Group reissued a "buy" rating on shares of EMCOR Group in a report on Friday, October 9th. Cantor Fitzgerald lowered their target price on shares of 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. Oppenheimer raised 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. Finally, DA Davidson set a $1,047.00 target price on shares of EMCOR Group in a report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $1,014.17.

EMCOR Group Stock Performance

Shares of NYSE:EME opened at $732.27 on Friday. EMCOR Group, Inc. has a one year low of $564.92 and a one year high of $951.96. The stock has a market capitalization of $32.30 billion, a price-to-earnings ratio of 22.78 and a beta of 1.12. The company has a 50-day simple moving average of $772.10 and a 200-day simple moving average of $802.46.

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. The firm had revenue of $5.15 billion for 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 business's revenue was up 19.7% on a year-over-year basis. During the same quarter last year, the company posted $6.72 earnings per share. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. As a group, research analysts forecast that EMCOR Group, Inc. will post 32.98 EPS for the current fiscal year.

EMCOR Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Thursday, October 15th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Thursday, October 15th. EMCOR Group's dividend payout ratio (DPR) is presently 4.98%.

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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