4,272 EMCOR Group, Inc. $EME Shares Sold by Nisa Investment Advisors LLC

Key Points

• Nisa Investment Advisors cut its EMCOR Group stake by 20% in the third quarter, selling 4,272 shares and retaining 17,040 shares valued at approximately $12.86 million. Institutional investors and hedge funds own 92.59% of the company.
• Analysts maintain a generally positive view, with seven Buy ratings and two Holds, producing a “Moderate Buy” consensus and an average price target of $982.86. However, Goldman Sachs recently lowered its target to $795, while Zacks downgraded the stock to Hold.
• EMCOR reported quarterly EPS of $9.06, beating estimates of $7.23, while revenue rose 19.7% year over year to $5.15 billion. The company declared a quarterly dividend of $0.40 per share, equivalent to a 0.2% annual yield.

Nisa Investment Advisors LLC reduced its holdings in EMCOR Group, Inc. (NYSE:EME - Free Report) by 20.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,040 shares of the construction company's stock after selling 4,272 shares during the quarter. Nisa Investment Advisors LLC's holdings in EMCOR Group were worth $12,857,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. NBH Bank acquired a new position in shares of EMCOR Group during the 2nd quarter valued at about $27,000. Ascentis Independent Advisors purchased a new position in shares of EMCOR Group during the 1st quarter worth about $27,000. GK Wealth Management LLC acquired a new stake in shares of EMCOR Group in the third quarter worth approximately $31,000. Clearstead Trust LLC acquired a new stake in shares of EMCOR Group in the second quarter worth approximately $38,000. Finally, Orion Capital Management LLC purchased a new stake in EMCOR Group in the second quarter valued at approximately $39,000. 92.59% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. UBS Group restated a "buy" rating on shares of EMCOR Group in a report on Friday, October 9th. Zacks Research downgraded shares of EMCOR Group from a "strong-buy" rating to a "hold" rating in a research note on Monday. DA Davidson set a $1,047.00 price target on shares of EMCOR Group in a report on Monday, August 10th. Cantor Fitzgerald dropped their price objective on EMCOR Group from $1,123.00 to $1,047.00 and set an "overweight" rating for the company in a report on Monday, August 10th. Finally, The Goldman Sachs Group cut their target price on EMCOR Group from $885.00 to $795.00 and set a "neutral" rating on the stock in a research report on Tuesday. Seven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, EMCOR Group currently has an average rating of "Moderate Buy" and an average price target of $982.86.

EMCOR Group Price Performance

EMCOR Group stock opened at $699.18 on Thursday. The company has a market cap of $30.84 billion, a price-to-earnings ratio of 21.75 and a beta of 1.12. EMCOR Group, Inc. has a 12 month low of $564.92 and a 12 month high of $951.96. The stock's 50-day moving average is $763.26 and its 200-day moving average is $801.62.

EMCOR Group (NYSE:EME - Get Free Report) last issued its 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 business had revenue of $5.15 billion during the quarter, compared to analysts' expectations of $4.71 billion. EMCOR Group had a return on equity of 35.49% and a net margin of 7.74%. The company's revenue for the quarter was up 19.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $6.72 EPS. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. Research analysts anticipate that EMCOR Group, Inc. will post 32.98 EPS for the current year.

EMCOR Group Announces Dividend

The firm also recently declared 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 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.

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