EMCOR Group, Inc. $EME Holdings Raised by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al grew its holdings in shares of EMCOR Group, Inc. (NYSE:EME) by 2.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 78,853 shares of the construction company’s stock after acquiring an additional 2,240 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in EMCOR Group were worth $59,494,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. NewEdge Advisors LLC lifted its position in shares of EMCOR Group by 13.3% during the 2nd quarter. NewEdge Advisors LLC now owns 17,873 shares of the construction company’s stock valued at $14,833,000 after acquiring an additional 2,099 shares during the period. Nykredit A S bought a new position in EMCOR Group during the second quarter worth $18,443,000. Summit Global Investments acquired a new stake in EMCOR Group in the second quarter worth $3,791,000. Sapient Capital LLC acquired a new stake in EMCOR Group in the second quarter worth $5,962,000. Finally, Value Aligned Research Advisors LLC grew its holdings in EMCOR Group by 56.6% in the second quarter. Value Aligned Research Advisors LLC now owns 349,960 shares of the construction company’s stock worth $290,425,000 after purchasing an additional 126,439 shares during the period. Institutional investors and hedge funds own 92.59% of the company’s stock.

Key EMCOR Group News

Here are the key news stories impacting EMCOR Group this week:

• Positive Sentiment: Record Q3 results beat expectations. EMCOR reported adjusted earnings of $9.60 per share, exceeding the $8.37 consensus estimate, while revenue rose 28.8% year over year to a quarterly record of $5.54 billion, above the $5.19 billion forecast. EMCOR Group Reports Record Third Quarter 2026 Results
• Positive Sentiment: EMCOR raised its 2026 guidance. The company now expects adjusted earnings of $34.50 to $35.50 per share, well above the FactSet consensus of $32.99. The improved outlook reflects stronger margins, record project backlogs and continued execution. EMCOR Raises 2026 Earnings Outlook
• Positive Sentiment: Data-center demand remains a major growth driver. Management highlighted surging demand for data-center infrastructure, along with a sizable backlog, as support for sustained revenue growth and improving profitability. EME Q3 Earnings Call Highlights
• Positive Sentiment: A $500 million share-repurchase authorization allows EMCOR to buy back up to approximately 1.7% of its shares. The program may support earnings per share and signals that management views the stock as attractively valued. EMCOR Share Repurchase Program
• Neutral Sentiment: Analysts noted that non-GAAP profit measures were stronger than GAAP results, creating some uncertainty about the quality and sustainability of the earnings improvement even though the quarter produced another substantial beat. Why EMCOR Group Stock Popped
• Negative Sentiment: The pullback may reflect profit-taking after the earnings-driven advance. At roughly $677, EMCOR trades below its 50-day and 200-day moving averages, suggesting near-term investors remain cautious despite the improved fundamentals.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Zacks Research lowered shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a report on Monday, October 19th. Oppenheimer raised their target price on EMCOR Group from $1,100.00 to $1,200.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. Robert W. Baird boosted their target price on EMCOR Group from $900.00 to $918.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. DA Davidson set a $1,047.00 target price on EMCOR Group in a research report on Monday, August 10th. Finally, The Goldman Sachs Group dropped their price target on EMCOR Group from $885.00 to $795.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 20th. Seven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $998.57.

EMCOR Group Price Performance

NYSE:EME opened at $677.08 on Friday. The firm has a 50-day moving average of $742.75 and a 200-day moving average of $779.57. The company has a market cap of $29.87 billion, a PE ratio of 19.56 and a beta of 1.12. EMCOR Group, Inc. has a one year low of $564.92 and a one year high of $951.96.

EMCOR Group (NYSE:EME) last announced its quarterly earnings results on Thursday, October 29th. The construction company reported $9.60 earnings per share for the quarter, beating the consensus estimate of $8.37 by $1.23. The business had revenue of $5.54 billion for the quarter, compared to analysts’ expectations of $5.19 billion. EMCOR Group had a net margin of 7.78% and a return on equity of 36.65%. The firm’s revenue for the quarter was up 28.8% compared to the same quarter last year. During the same quarter last year, the firm earned $6.57 EPS. On average, equities research analysts expect that EMCOR Group, Inc. will post 32.98 earnings per share for the current fiscal year.

EMCOR Group announced that its Board of Directors has initiated a stock buyback program on Thursday, October 29th that authorizes the company to repurchase $500 million in outstanding shares. This buyback authorization authorizes the construction company to repurchase up to 1.7% of its shares through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

EMCOR Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, October 30th. Stockholders of record on Thursday, October 15th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Thursday, October 15th. EMCOR Group’s dividend payout ratio (DPR) is currently 4.98%.

EMCOR Group Company Profile

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.