Orion Porfolio Solutions LLC Sells 754 Shares of EMCOR Group, Inc. $EME

Orion Porfolio Solutions LLC lowered its holdings in shares of EMCOR Group, Inc. (NYSE:EME) by 8.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,395 shares of the construction company’s stock after selling 754 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in EMCOR Group were worth $5,453,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. increased its stake in EMCOR Group by 17.6% during the 3rd quarter. Vanguard Group Inc. now owns 5,332,636 shares of the construction company’s stock worth $3,463,760,000 after purchasing an additional 798,975 shares in the last quarter. Victory Capital Management Inc. lifted its stake in EMCOR Group by 48.8% in the third quarter. Victory Capital Management Inc. now owns 949,360 shares of the construction company’s stock valued at $572,351,000 after buying an additional 311,474 shares in the last quarter. Norges Bank bought a new position in EMCOR Group in the second quarter valued at approximately $344,548,000. Burgundy Asset Management Ltd. boosted its holdings in shares of EMCOR Group by 2.9% in the second quarter. Burgundy Asset Management Ltd. now owns 530,457 shares of the construction company’s stock valued at $283,736,000 after buying an additional 14,935 shares during the period. Finally, Nordea Investment Management AB increased its position in shares of EMCOR Group by 3.1% during the third quarter. Nordea Investment Management AB now owns 407,292 shares of the construction company’s stock worth $262,206,000 after acquiring an additional 12,182 shares in the last quarter. 92.59% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on EME shares. Stifel Nicolaus raised their price objective on shares of EMCOR Group from $754.00 to $814.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Zacks Research lowered shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 19th. Robert W. Baird increased their target price on EMCOR Group from $713.00 to $808.00 and gave the stock an “outperform” rating in a report on Friday, February 27th. Wall Street Zen downgraded EMCOR Group from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 8th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a report on Wednesday, January 21st. Eight research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, EMCOR Group has a consensus rating of “Moderate Buy” and a consensus target price of $773.83.

EMCOR Group Stock Down 1.8%

Shares of EME stock opened at $705.74 on Friday. The company’s fifty day simple moving average is $718.67 and its 200-day simple moving average is $668.47. The firm has a market cap of $31.43 billion, a PE ratio of 25.00 and a beta of 1.16. EMCOR Group, Inc. has a 12 month low of $320.89 and a 12 month high of $835.00.

EMCOR Group (NYSE:EME) last released its earnings results on Thursday, February 26th. The construction company reported $7.19 earnings per share for the quarter, beating analysts’ consensus estimates of $6.68 by $0.51. EMCOR Group had a net margin of 7.49% and a return on equity of 35.89%. The business had revenue of $4.51 billion during the quarter, compared to the consensus estimate of $4.28 billion. During the same quarter last year, the firm earned $6.32 earnings per share. The firm’s revenue for the quarter was up 19.7% compared to the same quarter last year. EMCOR Group has set its FY 2026 guidance at 27.250-29.250 EPS. On average, equities analysts predict that EMCOR Group, Inc. will post 20.74 earnings per share for the current fiscal year.

EMCOR Group announced that its board has initiated a stock repurchase program on Thursday, December 18th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the construction company to buy up to 1.9% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its stock is undervalued.

EMCOR Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, January 14th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Wednesday, January 14th. This is a positive change from EMCOR Group’s previous quarterly dividend of $0.25. EMCOR Group’s dividend payout ratio is 5.67%.

EMCOR Group Company Profile

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.