Vanguard Personalized Indexing Management LLC Has $4.55 Million Stake in EMCOR Group, Inc. $EME

Vanguard Personalized Indexing Management LLC boosted its position in shares of EMCOR Group, Inc. (NYSE:EME) by 6.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,508 shares of the construction company’s stock after acquiring an additional 544 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in EMCOR Group were worth $4,554,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of EME. BankPlus Trust Department lifted its position in EMCOR Group by 200.0% during the 1st quarter. BankPlus Trust Department now owns 72 shares of the construction company’s stock worth $27,000 after acquiring an additional 48 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new position in EMCOR Group during the 1st quarter worth $28,000. Hazlett Burt & Watson Inc. acquired a new position in EMCOR Group during the 1st quarter worth $30,000. Groupe la Francaise increased its holdings in shares of EMCOR Group by 79.2% during the 1st quarter. Groupe la Francaise now owns 86 shares of the construction company’s stock worth $33,000 after purchasing an additional 38 shares during the period. Finally, Pandora Wealth Inc. bought a new position in shares of EMCOR Group during the 1st quarter worth about $37,000. Institutional investors and hedge funds own 92.59% of the company’s stock.

EMCOR Group Stock Performance

NYSE EME opened at $678.57 on Tuesday. The stock has a market cap of $30.37 billion, a P/E ratio of 28.16 and a beta of 1.24. The company’s 50-day simple moving average is $632.80 and its 200 day simple moving average is $530.35. EMCOR Group, Inc. has a twelve month low of $320.89 and a twelve month high of $697.91. The company has a quick ratio of 1.15, a current ratio of 1.18 and a debt-to-equity ratio of 0.08.

EMCOR Group (NYSE:EME) last posted its earnings results on Thursday, July 31st. The construction company reported $6.72 earnings per share for the quarter, beating analysts’ consensus estimates of $5.68 by $1.04. The business had revenue of $4.30 billion for the quarter, compared to analysts’ expectations of $4.10 billion. EMCOR Group had a net margin of 7.07% and a return on equity of 38.01%. The firm’s revenue for the quarter was up 17.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $5.25 earnings per share. EMCOR Group has set its FY 2025 guidance at 24.500-25.750 EPS. As a group, research analysts forecast that EMCOR Group, Inc. will post 20.74 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 30th. Shareholders of record on Wednesday, October 15th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Wednesday, October 15th. EMCOR Group’s dividend payout ratio is currently 4.15%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on EME. Northcoast Research cut shares of EMCOR Group from a “buy” rating to a “neutral” rating and set a $500.00 target price for the company. in a research note on Thursday, August 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a research note on Wednesday, October 8th. UBS Group set a $750.00 target price on shares of EMCOR Group and gave the company a “buy” rating in a research note on Tuesday, August 5th. Zacks Research upgraded shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 12th. Finally, DA Davidson increased their target price on shares of EMCOR Group from $515.00 to $725.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $654.83.

EMCOR Group Profile

EMCOR Group, Inc provides construction and facilities, building, and industrial services in the United States and the United Kingdom. It offers design, integration, installation, start-up, operation, and maintenance services related to power transmission, distribution, and generation systems; energy solutions; premises electrical and lighting systems; process instrumentation; low-voltage systems; voice and data communications systems; roadway and transit lighting, signaling, and fiber optic lines; computerized traffic control systems, and signal and communication equipment; heating, ventilation, air conditioning, refrigeration, and geothermal solutions; clean-room process ventilation systems; fire protection and suppression systems; plumbing, process, and high-purity piping systems; controls and filtration systems; water and wastewater treatment systems; central plant heating and cooling systems; crane and rigging services; millwright services; and steel fabrication, erection, and welding services.