Railway Pension Investments Ltd Acquires 3,320 Shares of EMCOR Group, Inc. $EME

Railway Pension Investments Ltd raised its stake in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) by 13.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,721 shares of the construction company's stock after purchasing an additional 3,320 shares during the period. Railway Pension Investments Ltd owned 0.07% of EMCOR Group worth $23,835,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. North Dakota State Investment Board purchased a new position in EMCOR Group during the 4th quarter worth $928,000. Sapient Capital LLC bought a new position in shares of EMCOR Group during the 2nd quarter worth $5,962,000. Thrivent Financial for Lutherans increased its stake in shares of EMCOR Group by 663.4% during the fourth quarter. Thrivent Financial for Lutherans now owns 113,562 shares of the construction company's stock valued at $69,476,000 after buying an additional 98,687 shares during the period. Summit Global Investments bought a new stake in shares of EMCOR Group in the second quarter valued at about $3,791,000. Finally, Chase Investment Counsel Corp lifted its stake in EMCOR Group by 152.1% in the fourth quarter. Chase Investment Counsel Corp now owns 2,849 shares of the construction company's stock worth $1,742,000 after acquiring an additional 1,719 shares during the period. 92.59% of the stock is currently owned by institutional investors.

EMCOR Group Stock Performance

Shares of EME opened at $734.73 on Tuesday. The stock has a 50-day moving average of $786.87 and a two-hundred day moving average of $801.16. The stock has a market cap of $32.41 billion, a P/E ratio of 22.85 and a beta of 1.14. EMCOR Group, Inc. has a one year low of $564.92 and a one year high of $951.96.

EMCOR Group (NYSE:EME - Get Free Report) last released 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 firm had revenue of $5.15 billion for the quarter, compared to analyst estimates of $4.71 billion. During the same quarter in the prior year, the business earned $6.72 earnings per share. The business's quarterly revenue was up 19.7% compared to the same quarter last year. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. Analysts predict that EMCOR Group, Inc. will post 33.04 EPS for the current fiscal year.

EMCOR Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th were given a dividend of $0.40 per share. The ex-dividend date was Wednesday, July 15th. This represents a $1.60 dividend on an annualized basis and a yield of 0.2%. EMCOR Group's dividend payout ratio is currently 4.98%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on EME. Oppenheimer boosted their price target 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. DA Davidson set a $1,047.00 price objective on shares of EMCOR Group in a research note on Monday, August 10th. Weiss Ratings lowered EMCOR Group from a "buy (b)" rating to a "buy (b-)" rating in a report on Thursday. UBS Group increased their target price on EMCOR Group from $975.00 to $1,065.00 and gave the company a "buy" rating in a research report on Friday, July 31st. Finally, Zacks Research upgraded 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. According to data from MarketBeat, EMCOR Group currently has a consensus rating of "Buy" and a consensus price target of $965.86.

Insider Buying and Selling

In other news, Director Carol P. Lowe sold 950 shares of the company's stock in a transaction that occurred on 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 transaction, the director directly owned 17,278 shares of the company's stock, valued at $14,591,271. This represents a 5.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 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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