California State Teachers Retirement System Increases Stock Holdings in EMCOR Group, Inc. $EME

Key Points

• California State Teachers Retirement System dramatically increased its EMCOR Group position during the second quarter, purchasing more than 54.5 million additional shares. Institutional investors collectively own 92.59% of the company.
• EMCOR reported a strong quarter, with earnings of $9.06 per share versus the $7.23 consensus estimate and revenue of $5.15 billion, up 19.7% year over year. The company issued fiscal 2026 EPS guidance of $32.00 to $33.25.
• Analysts maintain a generally positive outlook, with the stock carrying a consensus “Buy” rating and an average price target of $965.86 versus its reported market price of $753.90. EMCOR also pays a quarterly dividend of $0.40 per share, yielding approximately 0.2%.

California State Teachers Retirement System boosted its position in EMCOR Group, Inc. (NYSE:EME - Free Report) by 83,842.9% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 54,566,270 shares of the construction company's stock after purchasing an additional 54,501,266 shares during the period. California State Teachers Retirement System owned about 123.70% of EMCOR Group worth $45,283,456,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. North Dakota State Investment Board bought a new stake in shares of EMCOR Group during the 4th quarter valued at $928,000. Sapient Capital LLC bought a new position in EMCOR Group in the 2nd quarter worth $5,962,000. Thrivent Financial for Lutherans raised its holdings in EMCOR Group by 663.4% in the 4th quarter. Thrivent Financial for Lutherans now owns 113,562 shares of the construction company's stock worth $69,476,000 after purchasing an additional 98,687 shares during the period. Summit Global Investments purchased a new position in EMCOR Group during the second quarter valued at $3,791,000. Finally, Passumpsic Savings Bank purchased a new position in EMCOR Group during the fourth quarter valued at $1,726,000. Hedge funds and other institutional investors own 92.59% of the company's stock.

Insider Buying and Selling at EMCOR Group

In related news, Director Carol 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 completion of the transaction, the director directly owned 17,278 shares of the company's stock, valued at approximately $14,591,271. This trade represents a 5.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.73% of the company's stock.

EMCOR Group Trading Down 0.0%

NYSE:EME opened at $753.90 on Monday. EMCOR Group, Inc. has a 12-month low of $564.92 and a 12-month high of $951.96. The stock has a 50-day moving average price of $779.10 and a 200 day moving average price of $799.58. The stock has a market capitalization of $33.25 billion, a P/E ratio of 23.45 and a beta of 1.13.

EMCOR Group (NYSE:EME - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The construction company reported $9.06 EPS for the quarter, topping analysts' consensus estimates of $7.23 by $1.83. EMCOR Group had a return on equity of 35.49% and a net margin of 7.74%.The company had revenue of $5.15 billion for the quarter, compared to analysts' expectations of $4.71 billion. During the same period in the previous year, the firm earned $6.72 EPS. The firm's revenue was up 19.7% compared to the same quarter last year. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. On average, research analysts predict that EMCOR Group, Inc. will post 33.04 earnings per share for the current fiscal year.

EMCOR Group Dividend Announcement

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

Analysts Set New Price Targets

Several research firms have issued reports on EME. Cantor Fitzgerald reduced their price target on EMCOR Group from $1,123.00 to $1,047.00 and set an "overweight" rating for the company in a research report on Monday, August 10th. Weiss Ratings downgraded EMCOR Group from a "buy (b)" rating to a "buy (b-)" rating in a research note on Thursday, August 27th. DA Davidson set a $1,047.00 price objective on EMCOR Group in a research report on Monday, August 10th. Zacks Research upgraded EMCOR Group from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, June 30th. Finally, UBS Group increased their target price on shares of EMCOR Group from $975.00 to $1,065.00 and gave the stock a "buy" rating in a report on Friday, July 31st. One investment 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 company. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price 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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