Hsbc Holdings PLC Cuts Position in EMCOR Group, Inc. $EME

Key Points

• HSBC reduced its EMCOR Group stake by 21.1% in the second quarter, selling 29,416 shares and retaining 109,831 shares valued at approximately $91.1 million. Institutional investors collectively own 92.59% of the company.
• EMCOR reported strong quarterly results, 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 guided to fiscal 2026 earnings of $32.00–$33.25 per share.
• Analysts maintain a generally positive outlook, with a consensus “Buy” rating and an average price target of $965.86 versus the reported share price of $753.90. EMCOR also pays a quarterly dividend of $0.40 per share, yielding approximately 0.2%.

Hsbc Holdings PLC lessened its holdings in EMCOR Group, Inc. (NYSE:EME - Free Report) by 21.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 109,831 shares of the construction company's stock after selling 29,416 shares during the quarter. Hsbc Holdings PLC owned 0.25% of EMCOR Group worth $91,075,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of EME. Swiss RE Ltd. purchased a new stake in EMCOR Group in the fourth quarter worth $25,000. Ascentis Independent Advisors purchased a new position in EMCOR Group during the 1st quarter valued at about $27,000. Zions Bancorporation National Association UT bought a new stake in EMCOR Group during the 4th quarter worth approximately $28,000. Basecamp Wealth Advisors LLC increased its holdings in shares of EMCOR Group by 4,700.0% in the first 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. Finally, Elyxium Wealth LLC bought a new position in EMCOR Group in the 4th quarter worth about $37,000. 92.59% of the stock is owned by institutional investors.

EMCOR Group Trading Down 0.0%

Shares of 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 business's fifty day simple moving average is $779.10 and its two-hundred day simple moving average is $799.58. The company has a market cap of $33.25 billion, a price-to-earnings ratio of 23.45 and a beta of 1.13.

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 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 business had revenue of $5.15 billion during the quarter, compared to analyst estimates of $4.71 billion. During the same quarter in the previous year, the firm earned $6.72 EPS. EMCOR Group's 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. As a group, research analysts forecast that EMCOR Group, Inc. will post 33.04 EPS for the current 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 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 was Wednesday, July 15th. EMCOR Group's dividend payout ratio is 4.98%.

Insider Activity at EMCOR Group

In related news, Director Carol Lowe sold 950 shares of the firm's stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $844.50, for a total value of $802,275.00. Following the transaction, the director 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 filing with the SEC, which can be accessed through this link. 0.73% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

EME has been the topic of a number of research reports. Weiss Ratings downgraded EMCOR Group from a "buy (b)" rating to a "buy (b-)" rating in a research report on Thursday, August 27th. UBS Group upped their price target on shares of EMCOR Group from $975.00 to $1,065.00 and gave the company a "buy" rating in a report on Friday, July 31st. Zacks Research upgraded EMCOR Group from a "hold" rating to a "strong-buy" rating in a report on Tuesday, June 30th. Cantor Fitzgerald cut 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 note on Monday, August 10th. Finally, DA Davidson set a $1,047.00 price target on EMCOR Group in a research report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $965.86.

EMCOR Group Company Profile

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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