EMCOR Group, Inc. $EME Stake Reduced by Kirr Marbach & Co. LLC IN

Key Points

• Kirr Marbach & Co. reduced its EMCOR Group stake by 4% in the third quarter, selling 2,290 shares and retaining 55,669 shares worth approximately $42 million. EMCOR remains the fund’s largest holding, while institutional investors collectively own 92.59% of the company.
• Analysts maintain a generally positive view, with seven Buy ratings and two Holds, producing a consensus “Moderate Buy” rating and an average price target of $982.86. Goldman Sachs and Cantor Fitzgerald recently lowered their targets, however.
• EMCOR reported quarterly EPS of $9.06 and revenue of $5.15 billion, exceeding estimates and representing 19.7% year-over-year revenue growth. The company also declared a quarterly dividend of $0.40 per share, equal to a 0.2% annualized yield.

Kirr Marbach & Co. LLC IN cut its stake in EMCOR Group, Inc. (NYSE:EME - Free Report) by 4.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 55,669 shares of the construction company's stock after selling 2,290 shares during the period. EMCOR Group accounts for 8.1% of Kirr Marbach & Co. LLC IN's investment portfolio, making the stock its largest holding. Kirr Marbach & Co. LLC IN owned about 0.13% of EMCOR Group worth $42,002,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of EMCOR Group by 3.8% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 356 shares of the construction company's stock valued at $270,000 after purchasing an additional 13 shares during the last quarter. Investment Advisory Services Inc. TX ADV increased its position in shares of EMCOR Group by 3.7% during the first quarter. Investment Advisory Services Inc. TX ADV now owns 419 shares of the construction company's stock worth $309,000 after buying an additional 15 shares during the period. Narus Financial Partners LLC increased its position in shares of EMCOR Group by 2.0% during the first quarter. Narus Financial Partners LLC now owns 798 shares of the construction company's stock worth $589,000 after buying an additional 16 shares during the period. V Square Quantitative Management LLC raised its stake in EMCOR Group by 1.7% during the first quarter. V Square Quantitative Management LLC now owns 1,090 shares of the construction company's stock worth $805,000 after buying an additional 18 shares during the last quarter. Finally, Legacy Wealth Asset Management LLC raised its stake in EMCOR Group by 2.5% during the third quarter. Legacy Wealth Asset Management LLC now owns 725 shares of the construction company's stock worth $547,000 after buying an additional 18 shares during the last quarter. Institutional investors and hedge funds own 92.59% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on EME. UBS Group restated a "buy" rating on shares of EMCOR Group in a report on Friday, October 9th. The Goldman Sachs Group decreased their price target on EMCOR Group from $885.00 to $795.00 and set a "neutral" rating for the company in a report on Tuesday. DA Davidson set a $1,047.00 price objective on EMCOR Group in a research report on Monday, August 10th. Zacks Research lowered EMCOR Group from a "strong-buy" rating to a "hold" rating in a research report on Monday. 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. Seven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $982.86.

EMCOR Group Stock Down 2.2%

NYSE:EME opened at $700.86 on Wednesday. EMCOR Group, Inc. has a twelve month low of $564.92 and a twelve month high of $951.96. The company has a fifty day moving average of $765.98 and a 200-day moving average of $802.03. The firm has a market capitalization of $30.91 billion, a P/E ratio of 21.80 and a beta of 1.12.

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 net margin of 7.74% and a return on equity of 35.49%. The business had revenue of $5.15 billion during the quarter, compared to analysts' expectations of $4.71 billion. During the same period last year, the company posted $6.72 earnings per share. The business's quarterly revenue was up 19.7% on a year-over-year basis. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. On average, analysts anticipate that EMCOR Group, Inc. will post 32.98 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders 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 dividend yield of 0.2%. The ex-dividend date of this dividend is Thursday, October 15th. EMCOR Group's dividend 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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