EMCOR Group, Inc. $EME Stock: Nisa Investment Advisors LLC Lowers Holdings

Nisa Investment Advisors LLC cut its stake in EMCOR Group, Inc. (NYSE:EME) by 20.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,040 shares of the construction company’s stock after selling 4,272 shares during the quarter. Nisa Investment Advisors LLC’s holdings in EMCOR Group were worth $12,857,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Integrated Advisors Network LLC boosted its position in shares of EMCOR Group by 14.1% in the third quarter. Integrated Advisors Network LLC now owns 284 shares of the construction company’s stock worth $214,000 after buying an additional 35 shares during the period. Robeco Institutional Asset Management B.V. raised its holdings in shares of EMCOR Group by 11.0% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 58,007 shares of the construction company’s stock valued at $43,766,000 after buying an additional 5,751 shares during the period. Diversify Advisory Services LLC raised its holdings in shares of EMCOR Group by 30.7% during the 3rd quarter. Diversify Advisory Services LLC now owns 1,346 shares of the construction company’s stock valued at $986,000 after buying an additional 316 shares during the period. DUTCH ASSET Corp raised its holdings in shares of EMCOR Group by 8.3% during the 3rd quarter. DUTCH ASSET Corp now owns 274 shares of the construction company’s stock valued at $207,000 after buying an additional 21 shares during the period. Finally, Prime Capital Investment Advisors LLC lifted its position in EMCOR Group by 4.0% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 708 shares of the construction company’s stock worth $534,000 after acquiring an additional 27 shares in the last quarter. 92.59% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. DA Davidson set a $1,047.00 price target on EMCOR Group in a report on Monday, August 10th. Zacks Research lowered shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a research note on Monday. Oppenheimer boosted 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 report on Friday, July 31st. Weiss Ratings downgraded shares of EMCOR Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, August 27th. Finally, Cantor Fitzgerald lowered 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. Seven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, EMCOR Group has a consensus rating of “Moderate Buy” and a consensus target price of $982.86.

EMCOR Group Stock Performance

Shares of NYSE EME opened at $699.18 on Thursday. EMCOR Group, Inc. has a 1 year low of $564.92 and a 1 year high of $951.96. The firm has a market cap of $30.84 billion, a price-to-earnings ratio of 21.75 and a beta of 1.12. The stock’s 50-day simple moving average is $763.26 and its 200-day simple moving average is $801.62.

EMCOR Group (NYSE:EME) last released its quarterly earnings results on Thursday, July 30th. The construction company reported $9.06 EPS for the quarter, topping the consensus estimate of $7.23 by $1.83. The business had revenue of $5.15 billion for the quarter, compared to analysts’ expectations of $4.71 billion. EMCOR Group had a return on equity of 35.49% and a net margin of 7.74%. The company’s revenue was up 19.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $6.72 earnings per share. EMCOR Group has set its FY 2026 guidance at 32.000-33.250 EPS. As a group, research analysts predict that EMCOR Group, Inc. will post 32.98 EPS for the current year.

EMCOR Group Announces Dividend

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

EMCOR Group 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.