3,715 Shares in EMCOR Group, Inc. $EME Acquired by NewEdge Wealth LLC

Key Points

• NewEdge Wealth acquired 3,715 EMCOR shares worth approximately $3.08 million in the second quarter. Institutional investors collectively own 92.59% of the company, with BlackRock, State Street, Geode Capital, Victory Capital and Invesco among the major holders.
• EMCOR reported a strong quarter, with EPS of $9.06 versus $7.23 expected and revenue of $5.15 billion, up 19.7% year over year. The company maintained fiscal 2026 EPS guidance of $32.00–$33.25.
• EMCOR shares opened at $788.39, while analysts maintained a generally positive outlook: the stock has a consensus “Buy” rating and an average price target of $965.86. The company also pays a quarterly dividend of $0.40 per share, yielding about 0.2%.

NewEdge Wealth LLC purchased a new position in EMCOR Group, Inc. (NYSE:EME - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,715 shares of the construction company's stock, valued at approximately $3,083,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in EMCOR Group in the second quarter valued at $3,416,412,000. State Street Corp lifted its holdings in EMCOR Group by 2.2% during the 4th quarter. State Street Corp now owns 1,893,792 shares of the construction company's stock worth $1,158,603,000 after buying an additional 40,801 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of EMCOR Group by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 1,425,523 shares of the construction company's stock worth $869,343,000 after acquiring an additional 7,790 shares in the last quarter. Victory Capital Management Inc. boosted its position in shares of EMCOR Group by 34.5% during the 4th quarter. Victory Capital Management Inc. now owns 1,276,966 shares of the construction company's stock worth $781,239,000 after acquiring an additional 327,606 shares in the last quarter. Finally, Invesco Ltd. increased its holdings in shares of EMCOR Group by 10.5% in the 4th quarter. Invesco Ltd. now owns 799,271 shares of the construction company's stock valued at $488,986,000 after acquiring an additional 75,692 shares during the last quarter. Institutional investors and hedge funds own 92.59% of the company's stock.

Insider Activity at EMCOR Group

In other EMCOR Group news, Director Carol P. Lowe sold 950 shares of the stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $844.50, for a total value of $802,275.00. Following the completion of the transaction, the director owned 17,278 shares in the company, valued at approximately $14,591,271. This represents a 5.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.73% of the stock is owned by corporate insiders.

EMCOR Group Trading Down 2.2%

NYSE:EME opened at $788.39 on Friday. The firm has a market cap of $34.78 billion, a P/E ratio of 24.52 and a beta of 1.14. The stock's 50 day simple moving average is $798.27 and its 200-day simple moving average is $800.61. EMCOR Group, Inc. has a 12-month low of $564.92 and a 12-month high of $951.96.

EMCOR Group (NYSE:EME - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The construction company reported $9.06 earnings per share for the quarter, beating 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 net margin of 7.74% and a return on equity of 35.49%. EMCOR Group's quarterly revenue was up 19.7% on a year-over-year basis. During the same period last year, the firm posted $6.72 EPS. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. Research analysts forecast that EMCOR Group, Inc. will post 33.04 EPS for the current fiscal year.

EMCOR Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis 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%.

Analysts Set New Price Targets

Several brokerages have commented on EME. Cantor Fitzgerald dropped their price target on shares of EMCOR Group from $1,123.00 to $1,047.00 and set an "overweight" rating on the stock in a research note on Monday, August 10th. Oppenheimer lifted their price target on shares of EMCOR Group from $1,100.00 to $1,200.00 and gave the stock an "outperform" rating in a research note on Friday, July 31st. Zacks Research upgraded EMCOR Group from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, June 30th. UBS Group upped their target price on EMCOR Group from $975.00 to $1,065.00 and gave the company a "buy" rating in a research report on Friday, July 31st. Finally, Weiss Ratings restated a "buy (b)" rating on shares of EMCOR Group in a research note on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, EMCOR Group presently has an average rating of "Buy" and a consensus price target of $965.86.

About EMCOR Group

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.

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