NewEdge Advisors LLC Acquires 2,099 Shares of EMCOR Group, Inc. $EME

Key Points

• NewEdge Advisors increased its EMCOR Group position by 13.3% in the second quarter, adding 2,099 shares to own 17,873 shares valued at approximately $14.8 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 and revenue of $5.15 billion, up 19.7% year over year. The company guided for fiscal 2026 EPS of $32.00–$33.25.
• Analyst sentiment remains positive, with the stock carrying an average “Buy” rating and a consensus price target of $965.86, compared with a recent price of $779.69. EMCOR also pays a quarterly dividend of $0.40 per share, yielding about 0.2%.

NewEdge Advisors LLC lifted its position in EMCOR Group, Inc. (NYSE:EME - Free Report) by 13.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 17,873 shares of the construction company's stock after acquiring an additional 2,099 shares during the period. NewEdge Advisors LLC's holdings in EMCOR Group were worth $14,833,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. increased its position in shares of EMCOR Group by 3.8% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 356 shares of the construction company's stock valued at $270,000 after acquiring an additional 13 shares in the last quarter. PAX Financial Group LLC boosted its stake in EMCOR Group by 3.6% during the 4th quarter. PAX Financial Group LLC now owns 404 shares of the construction company's stock valued at $247,000 after purchasing an additional 14 shares during the last quarter. Cornerstone Wealth Management LLC boosted its stake in EMCOR Group by 2.1% during the 4th quarter. Cornerstone Wealth Management LLC now owns 739 shares of the construction company's stock valued at $452,000 after purchasing an additional 15 shares during the last quarter. Investment Advisory Services Inc. TX ADV increased its holdings in shares of EMCOR Group by 3.7% in the 1st quarter. Investment Advisory Services Inc. TX ADV now owns 419 shares of the construction company's stock worth $309,000 after purchasing an additional 15 shares in the last quarter. Finally, Narus Financial Partners LLC increased its holdings in shares of EMCOR Group by 2.0% in the 1st quarter. Narus Financial Partners LLC now owns 798 shares of the construction company's stock worth $589,000 after purchasing an additional 16 shares in the last quarter. Hedge funds and other institutional investors own 92.59% of the company's stock.

Insider Transactions at EMCOR Group

In other news, Director Carol Lowe sold 950 shares of EMCOR Group stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $844.50, for a total value of $802,275.00. Following the transaction, 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 can be accessed through this hyperlink. 0.73% of the stock is currently owned by insiders.

EMCOR Group Stock Performance

EME stock opened at $779.69 on Friday. The firm has a fifty day moving average price of $775.30 and a 200 day moving average price of $798.29. EMCOR Group, Inc. has a fifty-two week low of $564.92 and a fifty-two week high of $951.96. The firm has a market cap of $34.39 billion, a PE ratio of 24.25 and a beta of 1.13.

EMCOR Group (NYSE:EME - Get Free Report) last posted its quarterly earnings data 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 net margin of 7.74% and a return on equity of 35.49%. The company had revenue of $5.15 billion for the quarter, compared to analyst estimates of $4.71 billion. During the same period in the prior year, the company posted $6.72 EPS. The firm's revenue for the quarter 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, equities analysts predict that EMCOR Group, Inc. will post 33.04 EPS for the current year.

EMCOR Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Wednesday, July 15th were issued 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 dividend payout ratio (DPR) is presently 4.98%.

Wall Street Analyst Weigh In

EME has been the topic of several research reports. Weiss Ratings cut shares of EMCOR Group from a "buy (b)" rating to a "buy (b-)" rating in a report on Thursday, August 27th. DA Davidson set a $1,047.00 target price on shares of EMCOR Group in a research note on Monday, August 10th. Zacks Research raised EMCOR Group from a "hold" rating to a "strong-buy" rating in a report on Tuesday, June 30th. UBS Group raised their price target on EMCOR Group from $975.00 to $1,065.00 and gave the stock a "buy" rating in a research note on Friday, July 31st. Finally, Oppenheimer lifted their price objective on EMCOR Group from $1,100.00 to $1,200.00 and gave the stock an "outperform" rating in a report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average price target of $965.86.

EMCOR Group Company Profile

EMCOR Group, Inc is a specialty construction and building services company headquartered in Norwalk, Connecticut. Through its operating companies, EMCOR provides electrical and mechanical construction services for commercial, industrial, institutional and government facilities.

The company's services include electrical power and communications systems, heating, ventilation and air-conditioning systems, plumbing, process and industrial piping, building automation, energy infrastructure, fire protection and transportation systems.

Want to see what other hedge funds are holding EME? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EMCOR Group, Inc. (NYSE:EME - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.