EMCOR Group, Inc. $EME Stock Sold by Congress Asset Management Co.

Key Points

• Congress Asset Management reduced its EMCOR Group stake by 3.4% in the third quarter, selling 3,579 shares and retaining 101,518 shares valued at approximately $76.6 million. Institutional investors collectively own 92.59% of the company.
• EMCOR reported strong quarterly results, with EPS of $9.06 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–$33.25.
• Analysts maintain a generally positive view, with the stock carrying a consensus “Buy” rating and an average price target of $965.86. EMCOR also declared a quarterly dividend of $0.40 per share, representing a 0.2% annualized yield.

Congress Asset Management Co. cut its position in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) by 3.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 101,518 shares of the construction company's stock after selling 3,579 shares during the period. Congress Asset Management Co. owned 0.23% of EMCOR Group worth $76,594,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ascentis Independent Advisors purchased a new stake in shares of EMCOR Group during the 1st quarter worth about $27,000. NBH Bank purchased a new position in shares of EMCOR Group in the 2nd quarter valued at about $27,000. Basecamp Wealth Advisors LLC raised its holdings in EMCOR Group by 4,700.0% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 48 shares of the construction company's stock worth $35,000 after purchasing an additional 47 shares during the period. Clearstead Trust LLC purchased a new position in EMCOR Group during the second quarter worth approximately $38,000. Finally, Orion Capital Management LLC purchased a new position in EMCOR Group during the second quarter worth approximately $39,000. Hedge funds and other institutional investors own 92.59% of the company's stock.

EMCOR Group Price Performance

NYSE EME traded up $45.65 during mid-day trading on Tuesday, hitting $824.85. The stock had a trading volume of 422,574 shares, compared to its average volume of 393,827. The firm's 50 day moving average is $773.05 and its 200 day moving average is $800.65. The stock has a market capitalization of $36.38 billion, a price-to-earnings ratio of 25.66 and a beta of 1.12. EMCOR Group, Inc. has a twelve month low of $564.92 and a twelve month high of $951.96.

EMCOR Group (NYSE:EME - Get Free Report) last announced its earnings results on Thursday, July 30th. The construction company reported $9.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.23 by $1.83. The company had revenue of $5.15 billion for the quarter, compared to analysts' expectations of $4.71 billion. EMCOR Group had a net margin of 7.74% and a return on equity of 35.49%. The firm's quarterly revenue was up 19.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $6.72 EPS. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. As a group, equities research analysts expect that EMCOR Group, Inc. will post 32.98 earnings per share for the current year.

EMCOR Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Thursday, October 15th will be paid a $0.40 dividend. 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 dividend payout ratio (DPR) is 4.98%.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Weiss Ratings cut EMCOR Group from a "buy (b)" rating to a "buy (b-)" rating in a research report on Thursday, August 27th. DA Davidson set a $1,047.00 price target on shares of EMCOR Group in a research note on Monday, August 10th. Zacks Research upgraded shares of EMCOR Group from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, June 30th. Oppenheimer increased their price objective on shares of EMCOR Group from $1,100.00 to $1,200.00 and gave the company an "outperform" rating in a report on Friday, July 31st. Finally, Cantor Fitzgerald dropped their target price on shares of EMCOR Group from $1,123.00 to $1,047.00 and set an "overweight" rating on the stock in a research report on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Buy" and an average target price of $965.86.

EMCOR Group Company Profile

EMCOR Group, Inc is a specialty construction and facilities services company headquartered in Norwalk, Connecticut. The company provides mechanical and electrical construction, building services, industrial services, energy infrastructure, and related maintenance solutions for commercial, industrial, institutional, governmental, and utility customers.

Its activities include designing and installing heating, ventilation, and air-conditioning systems; electrical power and communications infrastructure; plumbing and piping systems; fire protection; process systems; and building automation technologies.

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