RFG Advisory LLC Sells 2,112 Shares of EMCOR Group, Inc. $EME

Key Points

• RFG Advisory cut its EMCOR Group stake by 76.8% in the second quarter, selling 2,112 shares and retaining 638 shares valued at approximately $529,000. Institutional investors still own 92.59% of the company.
• Analysts remain broadly positive on EMCOR, with an average “Buy” rating and a consensus price target of $965.86. Recent targets range from $1,047 to $1,200.
• EMCOR reported strong quarterly results, earning $9.06 per share versus the $7.23 consensus and generating $5.15 billion in revenue, up 19.7% year over year. The company maintained fiscal 2026 EPS guidance of $32.00 to $33.25.

RFG Advisory LLC cut its stake in EMCOR Group, Inc. (NYSE:EME - Free Report) by 76.8% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 638 shares of the construction company's stock after selling 2,112 shares during the quarter. RFG Advisory LLC's holdings in EMCOR Group were worth $529,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. NewEdge Advisors LLC lifted its holdings in EMCOR Group by 13.3% during the 2nd quarter. NewEdge Advisors LLC now owns 17,873 shares of the construction company's stock worth $14,833,000 after purchasing an additional 2,099 shares in the last quarter. IFP Advisors Inc grew its holdings in EMCOR Group by 12.1% during the 2nd quarter. IFP Advisors Inc now owns 1,503 shares of the construction company's stock valued at $1,247,000 after buying an additional 162 shares in the last quarter. Arizona State Retirement System increased its position in shares of EMCOR Group by 4.8% during the second quarter. Arizona State Retirement System now owns 12,768 shares of the construction company's stock valued at $10,596,000 after buying an additional 585 shares during the period. Nykredit A S bought a new stake in shares of EMCOR Group during the second quarter valued at about $15,974,000. Finally, Corient Private Wealth LP lifted its holdings in shares of EMCOR Group by 0.7% in the second quarter. Corient Private Wealth LP now owns 16,835 shares of the construction company's stock worth $13,971,000 after buying an additional 116 shares in the last quarter. 92.59% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

EME has been the subject of a number of analyst reports. 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 target price on shares of EMCOR Group from $1,100.00 to $1,200.00 and gave the stock an "outperform" rating in a research note on Friday, July 31st. Cantor Fitzgerald cut their price target on shares of EMCOR Group from $1,123.00 to $1,047.00 and set an "overweight" rating for the company in a report on Monday, August 10th. Weiss Ratings lowered shares of EMCOR Group from a "buy (b)" rating to a "buy (b-)" rating in a research report on Thursday, August 27th. Finally, UBS Group upped their price target on shares of EMCOR Group from $975.00 to $1,065.00 and gave the stock a "buy" rating in a report on Friday, July 31st. One equities 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. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $965.86.

EMCOR Group Trading Down 0.1%

EME stock opened at $779.69 on Monday. The company's 50 day moving average is $775.30 and its 200 day moving average is $798.24. The stock has a market cap of $34.39 billion, a price-to-earnings ratio of 24.25 and a beta of 1.13. EMCOR Group, Inc. has a 1-year low of $564.92 and a 1-year high of $951.96.

EMCOR Group (NYSE:EME - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The construction company reported $9.06 EPS for the quarter, topping analysts' consensus estimates of $7.23 by $1.83. The business had revenue of $5.15 billion during 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 business's quarterly revenue was up 19.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $6.72 EPS. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. As a group, sell-side analysts forecast that EMCOR Group, Inc. will post 33.04 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Wednesday, July 15th were 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 was Wednesday, July 15th. EMCOR Group's dividend payout ratio is currently 4.98%.

Insider Buying and Selling

In other EMCOR Group news, Director Carol Lowe sold 950 shares of EMCOR Group 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 owned 17,278 shares of the company's stock, valued at $14,591,271. The trade was a 5.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.73% of the stock is currently owned by corporate insiders.

EMCOR Group 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.

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