EMCOR Group, Inc. $EME Shares Sold by Royal Bank of Canada

Royal Bank of Canada trimmed its stake in EMCOR Group, Inc. (NYSE:EMEFree Report) by 14.5% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 116,827 shares of the construction company’s stock after selling 19,891 shares during the quarter. Royal Bank of Canada’s holdings in EMCOR Group were worth $86,255,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. State Street Corp grew its holdings in shares of EMCOR Group by 2.2% during the 4th quarter. State Street Corp now owns 1,893,792 shares of the construction company’s stock valued at $1,158,603,000 after acquiring an additional 40,801 shares in the last quarter. Geode Capital Management LLC lifted its stake in EMCOR Group by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 1,425,523 shares of the construction company’s stock valued at $869,343,000 after acquiring an additional 7,790 shares during the last quarter. Victory Capital Management Inc. increased its stake in shares of EMCOR Group by 34.5% during the 4th quarter. Victory Capital Management Inc. now owns 1,276,966 shares of the construction company’s stock worth $781,239,000 after purchasing an additional 327,606 shares during the last quarter. Invesco Ltd. raised its holdings in shares of EMCOR Group by 10.5% during the 4th quarter. Invesco Ltd. now owns 799,271 shares of the construction company’s stock valued at $488,986,000 after purchasing an additional 75,692 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of EMCOR Group by 132,234.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 669,611 shares of the construction company’s stock valued at $409,661,000 after purchasing an additional 669,105 shares in the last quarter. Hedge funds and other institutional investors own 92.59% of the company’s stock.

Insider Buying and Selling at EMCOR Group

In other EMCOR Group news, Director Carol P. Lowe sold 950 shares of the business’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $844.50, for a total value of $802,275.00. Following the transaction, the director owned 17,278 shares of the company’s stock, valued at approximately $14,591,271. The trade was a 5.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director William P. Reid sold 2,000 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $925.78, for a total transaction of $1,851,560.00. Following the sale, the director directly owned 10,149 shares in the company, valued at $9,395,741.22. This trade represents a 16.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.73% of the stock is owned by company insiders.

EMCOR Group Stock Down 0.3%

EME stock opened at $799.83 on Friday. EMCOR Group, Inc. has a twelve month low of $564.92 and a twelve month high of $951.96. The company has a market cap of $35.54 billion, a PE ratio of 24.88 and a beta of 1.13. The business’s 50-day simple moving average is $801.11 and its 200 day simple moving average is $787.78.

EMCOR Group (NYSE:EMEGet Free Report) last posted its quarterly earnings results on Thursday, July 30th. The construction company reported $9.06 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 firm had revenue of $5.15 billion during the quarter, compared to analysts’ expectations of $4.71 billion. During the same quarter in the prior year, the firm posted $6.72 EPS. The company’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, equities research analysts anticipate that EMCOR Group, Inc. will post 29.37 EPS for the current year.

EMCOR Group Announces Dividend

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 dividend yield of 0.2%. The ex-dividend date was Wednesday, July 15th. EMCOR Group’s dividend payout ratio is presently 4.98%.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. UBS Group upped their price target on EMCOR Group from $975.00 to $1,065.00 and gave the stock a “buy” rating in a research note on Friday. Oppenheimer raised their price objective on EMCOR Group from $1,100.00 to $1,200.00 and gave the company an “outperform” rating in a research note on Friday. Cantor Fitzgerald restated an “overweight” rating and issued a $1,123.00 target price on shares of EMCOR Group in a report on Tuesday, June 16th. Stifel Nicolaus set a $918.00 target price on EMCOR Group in a research report on Thursday, April 30th. Finally, Wall Street Zen upgraded EMCOR Group from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $898.75.

View Our Latest Stock Report on EMCOR Group

EMCOR Group News Summary

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

  • Positive Sentiment: Record revenue and major earnings beat: Second-quarter revenue rose nearly 20% year over year to a record $5.15 billion, while EPS of $9.06 exceeded the $7.23 consensus estimate and increased from $6.72 a year earlier. Broad-based growth and improved margins strengthened the results. EMCOR Group Reports Second Quarter 2026 Results
  • Positive Sentiment: Higher 2026 outlook: EMCOR raised its full-year EPS guidance to $32.00–$33.25, well above the approximately $29.31 analyst consensus, and forecast revenue of $20.0–$20.5 billion versus expectations near $19.0 billion. EME Q2 Earnings Beat Estimates
  • Positive Sentiment: Data-center demand and backlog support growth: Management highlighted strong demand from data-center construction, a record backlog and broad-based activity across the business, providing visibility into future revenue and helping drive the upgraded outlook. EME Earnings Call Highlights
  • Neutral Sentiment: Acquisition strategy remains a potential catalyst: EMCOR is reportedly seeking additional acquisitions, which could expand capabilities and growth but also introduces integration and capital-allocation considerations. EMCOR Group Seeking Acquisitions
  • Neutral Sentiment: Valuation may limit near-term upside: The shares trade at roughly 27 times earnings after a substantial advance over the past year, increasing the market’s expectations and the risk of profit-taking despite the strong operating performance. EMCOR Valuation Attention

About EMCOR Group

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for EMCOR Group (NYSE:EME)

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