Pictet Asset Management Holding SA Sells 5,821 Shares of EMCOR Group, Inc. $EME

Posted by Brenda Bartman on Nov 11th, 2026

Pictet Asset Management Holding SA lowered its stake in EMCOR Group, Inc. (NYSE:EME – Free Report) by 10.8% in the 3rd quarter, Holdings Channel reports. The firm owned 48,210 shares of the construction company’s stock after selling 5,821 shares during the quarter. Pictet Asset Management Holding SA’s holdings in EMCOR Group were worth $36,376,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. NBH Bank bought a new stake in shares of EMCOR Group during the second quarter valued at about $27,000. Mascoma Wealth Management LLC bought a new position in shares of EMCOR Group in the third quarter valued at approximately $26,000. Ascentis Independent Advisors bought a new position in shares of EMCOR Group in the first quarter valued at approximately $27,000. GK Wealth Management LLC bought a new position in shares of EMCOR Group in the third quarter valued at approximately $31,000. Finally, Clearstead Trust LLC purchased a new position in EMCOR Group during the second quarter valued at approximately $38,000. Hedge funds and other institutional investors own 92.59% of the company’s stock.

Wall Street Analyst Weigh In

EME has been the topic of a number of analyst reports. DA Davidson set a $1,047.00 target price on shares of EMCOR Group in a report on Monday, August 10th. Oppenheimer decreased their price target on shares of EMCOR Group from $1,200.00 to $1,000.00 and set an “outperform” rating on the stock in a report on Monday, November 2nd. Robert W. Baird lifted their price objective on EMCOR Group from $900.00 to $918.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. Zacks Research cut EMCOR Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 19th. Finally, The Goldman Sachs Group decreased 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, October 20th. Seven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $902.88.

View Our Latest Analysis on EMCOR Group

EMCOR Group Stock Down 1.3%

NYSE EME opened at $644.38 on Wednesday. The stock’s 50-day simple moving average is $727.24 and its two-hundred day simple moving average is $778.13. EMCOR Group, Inc. has a twelve month low of $564.92 and a twelve month high of $951.96. The company has a market capitalization of $28.21 billion, a price-to-earnings ratio of 18.61 and a beta of 1.16.

EMCOR Group (NYSE:EME – Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The construction company reported $9.60 EPS for the quarter, beating the consensus estimate of $8.37 by $1.23. The firm had revenue of $5.54 billion for the quarter, compared to analyst estimates of $5.19 billion. EMCOR Group had a return on equity of 36.65% and a net margin of 7.78%. The company’s revenue was up 28.8% on a year-over-year basis. During the same period in the prior year, the company earned $6.57 EPS. On average, equities analysts expect that EMCOR Group, Inc. will post 34.79 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 30th. Investors of record on Thursday, October 15th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Thursday, October 15th. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. EMCOR Group’s dividend payout ratio (DPR) is currently 4.62%.

EMCOR Group declared that its Board of Directors has initiated a share buyback plan on Thursday, October 29th that authorizes the company to buy back $500 million in shares. This buyback authorization authorizes the construction company to purchase up to 1.7% of its shares through open market purchases. Share buyback plans are often a sign that the company’s management believes its shares are undervalued.

About EMCOR Group

(Free Report)

EMCOR Group is a provider of mechanical and electrical construction and facilities services. Through its operating companies, it designs, installs, maintains and upgrades building systems and related infrastructure for commercial, industrial, institutional and government customers. Its services include heating, ventilation and air conditioning; electrical and power systems; plumbing and piping; building automation; energy infrastructure; and ongoing facilities management. The company also provides industrial services, such as maintenance and support for process and manufacturing facilities.