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4,043 Shares in EMCOR Group, Inc. $EME Purchased by Allworth Financial LP

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Key Points

  • Allworth Financial LP purchased 4,043 shares of EMCOR Group during the second quarter, valued at approximately $3.36 million. Institutional investors collectively own 92.59% of the company.
  • EMCOR reported strong quarterly results, with earnings per share of $9.06 beating estimates of $7.23 and revenue of $5.15 billion exceeding forecasts. Revenue increased 19.7% year over year, and fiscal 2026 EPS guidance is $32.00–$33.25.
  • Analysts maintain a favorable outlook, with EMCOR carrying a consensus “Buy” rating and an average price target of $965.86, compared with a recent share price of $777.68.
  • MarketBeat previews top five stocks to own in September.

Allworth Financial LP bought a new stake in EMCOR Group, Inc. (NYSE:EME - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 4,043 shares of the construction company's stock, valued at approximately $3,355,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Great Lakes Advisors LLC lifted its position in shares of EMCOR Group by 32.3% during the first quarter. Great Lakes Advisors LLC now owns 590 shares of the construction company's stock worth $218,000 after purchasing an additional 144 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in EMCOR Group by 93.0% during the first quarter. Geneos Wealth Management Inc. now owns 220 shares of the construction company's stock worth $81,000 after purchasing an additional 106 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of EMCOR Group during the second quarter worth $459,000. Baird Financial Group Inc. boosted its holdings in shares of EMCOR Group by 5.0% in the 2nd quarter. Baird Financial Group Inc. now owns 5,820 shares of the construction company's stock valued at $3,113,000 after buying an additional 275 shares during the period. Finally, Bank of Nova Scotia boosted its position in EMCOR Group by 406.1% during the 2nd quarter. Bank of Nova Scotia now owns 4,565 shares of the construction company's stock valued at $2,442,000 after purchasing an additional 3,663 shares during the period. Institutional investors and hedge funds own 92.59% of the company's stock.

EMCOR Group Stock Performance

NYSE EME opened at $777.68 on Friday. The firm's 50 day moving average price is $797.37 and its two-hundred day moving average price is $800.45. EMCOR Group, Inc. has a twelve month low of $564.92 and a twelve month high of $951.96. The stock has a market cap of $34.30 billion, a price-to-earnings ratio of 24.19 and a beta of 1.14.

EMCOR Group (NYSE:EME - Get Free Report) last issued its quarterly earnings results 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 business had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $4.71 billion. EMCOR Group had a return on equity of 35.49% and a net margin of 7.74%.EMCOR Group's revenue for the quarter was up 19.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $6.72 earnings per share. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. On average, research analysts forecast that EMCOR Group, Inc. will post 33.04 EPS for the current fiscal year.

EMCOR Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Wednesday, July 15th were issued a $0.40 dividend. The ex-dividend date was Wednesday, July 15th. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. EMCOR Group's dividend payout ratio is currently 4.98%.

Insider Buying and Selling

In other news, Director Carol P. Lowe sold 950 shares of the firm's stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total transaction of $802,275.00. Following the transaction, the director owned 17,278 shares in the company, valued at approximately $14,591,271. This trade represents a 5.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.73% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on EME shares. Weiss Ratings restated a "buy (b)" rating on shares of EMCOR Group in a research note on Friday, July 17th. Stifel Nicolaus set a $918.00 target price on shares of EMCOR Group in a research report on Thursday, April 30th. Wall Street Zen raised shares of EMCOR Group from a "hold" rating to a "buy" rating in a research note on Saturday, May 2nd. DA Davidson set a $1,047.00 price target on shares of EMCOR Group in a research note on Monday, August 10th. Finally, Cantor Fitzgerald dropped their price objective on 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. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, EMCOR Group currently has a consensus rating of "Buy" and an average price target of $965.86.

Check Out Our Latest Report on EMCOR Group

EMCOR Group Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for EMCOR Group (NYSE:EME)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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