Strategic Blueprint LLC Sells 768 Shares of EMCOR Group, Inc. $EME

Strategic Blueprint LLC lowered its stake in shares of EMCOR Group, Inc. (NYSE:EME) by 66.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 386 shares of the construction company’s stock after selling 768 shares during the period. Strategic Blueprint LLC’s holdings in EMCOR Group were worth $207,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of EME. BankPlus Trust Department raised its holdings 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 period. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of EMCOR Group during the 1st quarter worth approximately $28,000. Hazlett Burt & Watson Inc. acquired a new position in shares of EMCOR Group during the 1st quarter worth approximately $30,000. Groupe la Francaise increased its position 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 last quarter. Finally, Pandora Wealth Inc. acquired a new position in shares of EMCOR Group during the 1st quarter worth approximately $37,000. 92.59% of the stock is currently owned by institutional investors and hedge funds.

EMCOR Group Stock Up 0.8%

Shares of NYSE:EME opened at $754.12 on Tuesday. EMCOR Group, Inc. has a 52-week low of $320.89 and a 52-week high of $755.57. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.15 and a current ratio of 1.18. The business’s 50 day simple moving average is $649.26 and its two-hundred day simple moving average is $553.65. The firm has a market cap of $33.75 billion, a P/E ratio of 31.29 and a beta of 1.24.

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. EMCOR Group had a return on equity of 38.01% and a net margin of 7.07%.The company had revenue of $4.30 billion for the quarter, compared to analyst estimates of $4.10 billion. During the same quarter last year, the company earned $5.25 earnings per share. The company’s revenue for the quarter was up 17.4% on a year-over-year basis. 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 EPS for the current fiscal year.

EMCOR Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 30th. Investors of record on Wednesday, October 15th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis 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 presently 4.15%.

Analysts Set New Price Targets

A number of research firms recently weighed in on EME. Wall Street Zen raised EMCOR Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 2nd. The Goldman Sachs Group upgraded EMCOR Group from a “sell” rating to a “neutral” rating and upped their target price for the company from $495.00 to $676.00 in a research report on Tuesday, October 7th. DA Davidson upped their target price on EMCOR Group from $515.00 to $725.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Stifel Nicolaus upped their price objective on EMCOR Group from $692.00 to $718.00 and gave the stock a “buy” rating in a research report on Monday, October 13th. Finally, UBS Group set a $750.00 target price on EMCOR Group and gave the stock a “buy” rating in a report on Tuesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price 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.