EMCOR Group, Inc. $EME Shares Sold by Kirr Marbach & Co. LLC IN

Kirr Marbach & Co. LLC IN reduced its position in EMCOR Group, Inc. (NYSE:EME) by 4.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 55,669 shares of the construction company’s stock after selling 2,290 shares during the period. EMCOR Group makes up 8.1% of Kirr Marbach & Co. LLC IN’s investment portfolio, making the stock its largest holding. Kirr Marbach & Co. LLC IN’s holdings in EMCOR Group were worth $42,002,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of EME. NBH Bank acquired a new stake in EMCOR Group in the 2nd quarter valued at $27,000. Ascentis Independent Advisors acquired a new position in EMCOR Group during the first quarter worth $27,000. GK Wealth Management LLC acquired a new position in EMCOR Group during the third quarter worth $31,000. Clearstead Trust LLC acquired a new position in EMCOR Group during the second quarter worth $38,000. Finally, Orion Capital Management LLC bought a new position in shares of EMCOR Group in the second quarter valued at $39,000. Institutional investors and hedge funds own 92.59% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on EME. DA Davidson set a $1,047.00 price objective on shares of EMCOR Group in a report on Monday, August 10th. The Goldman Sachs Group lowered their target price on shares of EMCOR Group from $885.00 to $795.00 and set a “neutral” rating on the stock in a report on Tuesday. UBS Group reaffirmed a “buy” rating on shares of EMCOR Group in a research report on Friday, October 9th. Zacks Research cut shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a research report on Monday. Finally, Oppenheimer lifted their price target 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. Seven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $982.86.

EMCOR Group Trading Down 2.2%

NYSE EME opened at $700.86 on Wednesday. The firm has a market capitalization of $30.91 billion, a P/E ratio of 21.80 and a beta of 1.12. The business has a fifty day simple moving average of $765.98 and a 200 day simple moving average of $802.03. EMCOR Group, Inc. has a 12 month low of $564.92 and a 12 month high of $951.96.

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

EMCOR Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Thursday, October 15th will be issued a $0.40 dividend. The ex-dividend date is Thursday, October 15th. This represents a $1.60 annualized dividend and a dividend yield of 0.2%. EMCOR Group’s dividend 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.