Meeder Asset Management Inc. Buys Shares of 4,784 EMCOR Group, Inc. $EME

Key Points

• Meeder Asset Management acquired 4,784 EMCOR Group shares valued at approximately $3.97 million. Institutional investors collectively own 92.59% of the company.
• EMCOR reported quarterly EPS of $9.06, exceeding estimates of $7.23, while revenue rose 19.7% year over year to $5.15 billion. The company guided to fiscal 2026 EPS of $32.00–$33.25.
• Analysts maintain a generally positive outlook, with an average rating of “Buy” and an average price target of $965.86, compared with the stock’s reported price of $823.87.

Meeder Asset Management Inc. purchased a new position in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 4,784 shares of the construction company's stock, valued at approximately $3,970,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. BlackRock Inc. acquired a new position in EMCOR Group during the 2nd quarter valued at about $3,416,412,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of EMCOR Group by 132,234.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 669,611 shares of the construction company's stock valued at $409,661,000 after acquiring an additional 669,105 shares in the last quarter. Norges Bank acquired a new position in shares of EMCOR Group during the fourth quarter valued at approximately $389,702,000. Bank of Montreal Can raised its holdings in EMCOR Group by 425.8% during the fourth quarter. Bank of Montreal Can now owns 560,477 shares of the construction company's stock worth $342,894,000 after purchasing an additional 453,876 shares in the last quarter. Finally, Deutsche Bank AG bought a new position in EMCOR Group during the 2nd quarter valued at $342,273,000. 92.59% of the stock is currently owned by institutional investors.

EMCOR Group Stock Performance

NYSE EME opened at $823.87 on Wednesday. EMCOR Group, Inc. has a twelve month low of $564.92 and a twelve month high of $951.96. The stock has a market cap of $36.34 billion, a price-to-earnings ratio of 25.63 and a beta of 1.14. The firm's 50 day moving average price is $798.19 and its two-hundred day moving average price is $799.61.

EMCOR Group (NYSE:EME - Get Free Report) last released its earnings results on Thursday, July 30th. The construction company reported $9.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $7.23 by $1.83. The company had revenue of $5.15 billion during the quarter, compared to analyst estimates 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 prior year, the company earned $6.72 earnings per share. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. On average, research analysts forecast that EMCOR Group, Inc. will post 33.04 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

The firm also recently declared 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 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Wednesday, July 15th. EMCOR Group's payout ratio is presently 4.98%.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Weiss Ratings reissued a "buy (b)" rating on shares of EMCOR Group in a research note on Friday, July 17th. Cantor Fitzgerald dropped their price target 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. Oppenheimer raised 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 research report on Friday, July 31st. DA Davidson set a $1,047.00 target price on shares of EMCOR Group in a report on Monday, August 10th. Finally, Zacks Research upgraded shares of EMCOR Group from a "hold" rating to a "strong-buy" rating in a report on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $965.86.

Insider Transactions at EMCOR Group

In other EMCOR Group news, Director Carol P. Lowe sold 950 shares of the firm's stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $844.50, for a total transaction of $802,275.00. Following the completion of the sale, the director directly owned 17,278 shares in the company, valued at approximately $14,591,271. This trade represents a 5.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.73% of the company's stock.

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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