Focus Partners Advisor Solutions LLC Increases Stake in EMCOR Group, Inc. $EME

Focus Partners Advisor Solutions LLC grew its position in shares of EMCOR Group, Inc. (NYSE:EME) by 49.0% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,991 shares of the construction company’s stock after buying an additional 655 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in EMCOR Group were worth $1,063,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. BankPlus Trust Department raised 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 buying an additional 48 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of EMCOR Group in the 1st quarter valued at about $28,000. Hazlett Burt & Watson Inc. purchased a new position in shares of EMCOR Group in the 1st quarter valued at about $30,000. Groupe la Francaise increased its holdings in shares of EMCOR Group by 79.2% in the 1st quarter. Groupe la Francaise now owns 86 shares of the construction company’s stock valued at $33,000 after purchasing an additional 38 shares in the last quarter. Finally, Pandora Wealth Inc. purchased a new position in shares of EMCOR Group in the 1st quarter valued at about $37,000. Hedge funds and other institutional investors own 92.59% of the company’s stock.

Analyst Ratings Changes

EME has been the subject of a number of research analyst reports. UBS Group set a $750.00 price target on shares of EMCOR Group and gave the company a “buy” rating in a report on Tuesday, August 5th. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a report on Wednesday, October 8th. Zacks Research upgraded shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a report on Friday, September 12th. Stifel Nicolaus increased their price target on shares of EMCOR Group from $692.00 to $718.00 and gave the company a “buy” rating in a report on Monday, October 13th. Finally, DA Davidson increased their price objective 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 given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $654.83.

EMCOR Group Price Performance

EMCOR Group stock opened at $754.12 on Tuesday. EMCOR Group, Inc. has a 12-month low of $320.89 and a 12-month high of $755.57. The stock has a market capitalization of $33.75 billion, a P/E ratio of 31.29 and a beta of 1.24. The firm’s 50-day moving average is $649.26 and its two-hundred day moving average is $553.65. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.18 and a quick ratio of 1.15.

EMCOR Group (NYSE:EME) last released its quarterly earnings results on Thursday, July 31st. The construction company reported $6.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.68 by $1.04. EMCOR Group had a net margin of 7.07% and a return on equity of 38.01%. The company had revenue of $4.30 billion for the quarter, compared to analysts’ expectations of $4.10 billion. During the same period last year, the company earned $5.25 EPS. The firm’s revenue for the quarter was up 17.4% compared to the same quarter last year. EMCOR Group has set its FY 2025 guidance at 24.500-25.750 EPS. Equities analysts predict that EMCOR Group, Inc. will post 20.74 earnings per share for the current year.

EMCOR Group Dividend Announcement

The company also recently declared 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 dividend yield of 0.1%. The ex-dividend date of this dividend is Wednesday, October 15th. EMCOR Group’s dividend payout ratio (DPR) is currently 4.15%.

About EMCOR Group

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.