Mutual of America Capital Management 13F: Cuts EME Stake by $1.8M

Mutual of America Capital Management reduced its stake in EMCOR Group, Inc. (NYSE: EME) during the quarter, according to a Form 13F filing with the SEC on October 23, 2026. The fund cut its position by 2,439 shares, leaving it with 22,079 shares valued at roughly $16.7 million.

EME EMCOR Group, Inc.

$647.66 ▲ +1.63% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Mutual of America's EMCOR Group Position

In its filing, Mutual of America Capital Management reported a 9.9% reduction in its EMCOR Group holdings compared to the previous quarter, dropping the share count from 24,518 down to 22,079 shares. The remaining block of stock carried an end-of-period value of $16,658,385.

Other Institutional Activity in EMCOR Group

Other major institutional managers made notable adjustments to their EMCOR Group holdings during recent periods. First Trust Advisors LP grew its holdings by 142,475 shares, ending with 772,897 shares worth about $500,574,450. Conversely, AQR Capital Management, LLC trimmed its position by 6,279 shares to hold 930,817 shares valued at $602,852,913. Kayne Anderson Rudnick Investment Management LLC reduced its stake by 93,960 shares, finishing with 613,035 shares worth about $397,038,231. TD Asset Management reduced its holdings by 14,259 shares, ending with 273,587 shares worth about $222,811,981. Meanwhile, Goelzer Investment Management fully exited its position by selling off its remaining shares.

EMCOR Group, Inc. Stock Down 7.4%

EMCOR Group shares closed at $647.66 on October 23, 2026. The stock recently traded around that same level. The share price sits below its 50-day moving average of $761.51 and below its 200-day moving average of $781.43. The stock reached a 52-week high of $951.96 and a 52-week low of $564.92.

Recent Earnings

EMCOR Group reported trailing-twelve-month revenue of $18.6 billion alongside basic earnings of $32.12 per share. The company posted a net profit margin of 7.7% and a return on equity of 40.3%. Its next quarterly financial update is scheduled for October 29, 2026.

Dividend

EMCOR Group pays an annual dividend of $1.60 per share, yielding 0.24% with a payout ratio of 4.0%.

Insider Buying and Selling at EMCOR Group, Inc.

Company insiders completed several transactions earlier in the year, including open-market sales by directors John W. Altmeyer, William P. Reid, and Carol P. Lowe, alongside a small share purchase by director Michael Kevin McEvoy in September 2026.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. UBS maintained a buy rating with a $1,065 target, Oppenheimer kept an outperform rating with a $1,200 target, Cantor Fitzgerald maintained an overweight rating at a $1,047 target, and Goldman Sachs held a neutral rating with a $795 target. The stock holds a consensus buy rating with a mean price target of $979.13 across eight analyst opinions.

About EMCOR Group

Headquartered in Norwalk, Connecticut, EMCOR Group provides electrical and mechanical construction, industrial services, and facilities management across the United States and the United Kingdom. The firm employs roughly 44,000 workers.

Bottom Line

Institutional investors continue to rebalance their portfolios around EMCOR Group as the company prepares for its next earnings announcement on October 29, 2026. Observers will monitor upcoming regulatory filings to see if institutional selling broadens or if buyers step back in.