Robeco Schweiz AG Sells 7,717 Shares of EMCOR Group, Inc. $EME

Robeco Schweiz AG lessened its position in EMCOR Group, Inc. (NYSE:EME) by 11.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 57,743 shares of the construction company’s stock after selling 7,717 shares during the period. Robeco Schweiz AG owned approximately 0.13% of EMCOR Group worth $43,567,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of EME. NewEdge Advisors LLC boosted its position in shares of EMCOR Group by 13.3% during the second quarter. NewEdge Advisors LLC now owns 17,873 shares of the construction company’s stock worth $14,833,000 after buying an additional 2,099 shares during the period. Summit Global Investments bought a new position in EMCOR Group in the 2nd quarter worth approximately $3,791,000. Sapient Capital LLC acquired a new stake in EMCOR Group in the 2nd quarter valued at approximately $5,962,000. Nykredit A S acquired a new stake in EMCOR Group in the 2nd quarter valued at approximately $18,443,000. Finally, Oppenheimer Asset Management Inc. acquired a new stake in EMCOR Group in the 2nd quarter valued at approximately $3,640,000. Institutional investors and hedge funds own 92.59% of the company’s stock.

EMCOR Group Stock Performance

Shares of NYSE EME opened at $646.85 on Friday. The stock has a fifty day moving average price of $755.99 and a two-hundred day moving average price of $799.85. The firm has a market cap of $28.53 billion, a P/E ratio of 20.12 and a beta of 1.12. EMCOR Group, Inc. has a 1 year low of $564.92 and a 1 year high of $951.96.

EMCOR Group (NYSE:EME) last issued its quarterly earnings results on Thursday, July 30th. The construction company reported $9.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.23 by $1.83. EMCOR Group had a return on equity of 35.49% and a net margin of 7.74%. The company had revenue of $5.15 billion for the quarter, compared to analysts’ expectations of $4.71 billion. During the same period last year, the firm earned $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, research analysts predict that EMCOR Group, Inc. will post 32.98 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Thursday, October 15th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $1.60 annualized dividend and a yield of 0.2%. EMCOR Group’s dividend payout ratio (DPR) is currently 4.98%.

Analysts Set New Price Targets

Several brokerages have weighed in on EME. The Goldman Sachs Group cut their target price on EMCOR Group from $885.00 to $795.00 and set a “neutral” rating on the stock in a research note on Tuesday. DA Davidson set a $1,047.00 price target on EMCOR Group in a research note on Monday, August 10th. Weiss Ratings cut EMCOR Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, August 27th. Oppenheimer raised their price target on EMCOR Group from $1,100.00 to $1,200.00 and gave the company an “outperform” rating in a report on Friday, July 31st. Finally, Cantor Fitzgerald cut their price objective 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. Seven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $982.86.

About EMCOR Group

EMCOR Group, Inc provides construction, engineering, and building services through a network of specialty contracting businesses. Its core activities include electrical and mechanical construction, energy infrastructure, building systems, facilities services, and industrial maintenance. The company serves commercial, institutional, industrial, manufacturing, healthcare, education, government, and infrastructure customers.

Its services cover the design, installation, operation, maintenance, and upgrading of electrical, heating, ventilation, air-conditioning, plumbing, fire protection, and building automation systems.