459 Shares in EMCOR Group, Inc. $EME Acquired by Investment Advisory Services Inc. TX ADV

Investment Advisory Services Inc. TX ADV purchased a new position in shares of EMCOR Group, Inc. (NYSE:EME) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 459 shares of the construction company’s stock, valued at approximately $245,000.

A number of other institutional investors also recently modified their holdings of the stock. AQR Capital Management LLC increased its stake in EMCOR Group by 43.6% in the first quarter. AQR Capital Management LLC now owns 703,456 shares of the construction company’s stock valued at $253,065,000 after purchasing an additional 213,631 shares in the last quarter. Northern Trust Corp increased its position in EMCOR Group by 3.7% in the 1st quarter. Northern Trust Corp now owns 571,487 shares of the construction company’s stock valued at $211,239,000 after buying an additional 20,604 shares in the last quarter. Pacer Advisors Inc. raised its stake in EMCOR Group by 3,878.2% during the 1st quarter. Pacer Advisors Inc. now owns 534,585 shares of the construction company’s stock worth $197,599,000 after buying an additional 521,147 shares during the period. Burgundy Asset Management Ltd. boosted its holdings in EMCOR Group by 6.9% in the first quarter. Burgundy Asset Management Ltd. now owns 515,522 shares of the construction company’s stock worth $190,552,000 after acquiring an additional 33,069 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its stake in EMCOR Group by 6.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 457,661 shares of the construction company’s stock valued at $171,852,000 after acquiring an additional 28,038 shares during the period. Institutional investors and hedge funds own 92.59% of the company’s stock.

Analyst Upgrades and Downgrades

EME has been the subject of several research reports. Jefferies Financial Group assumed coverage on shares of EMCOR Group in a research report on Friday, June 27th. They issued a “buy” rating for the company. Baird R W raised shares of EMCOR Group to a “strong-buy” rating in a research report on Friday, June 27th. DA Davidson upped their target price on shares of EMCOR Group from $515.00 to $725.00 and gave the stock a “buy” rating in a report on Friday, August 1st. TD Securities initiated coverage on EMCOR Group in a report on Friday, June 27th. They set a “buy” rating for the company. Finally, UBS Group set a $750.00 target price on EMCOR Group and gave the company a “buy” rating in a report on Tuesday, August 5th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $594.50.

EMCOR Group Stock Performance

Shares of EMCOR Group stock opened at $641.97 on Monday. The business’s fifty day simple moving average is $620.23 and its 200 day simple moving average is $509.43. The company has a current ratio of 1.18, a quick ratio of 1.15 and a debt-to-equity ratio of 0.08. EMCOR Group, Inc. has a 12 month low of $320.89 and a 12 month high of $667.64. The firm has a market capitalization of $28.73 billion, a P/E ratio of 26.64 and a beta of 1.28.

EMCOR Group (NYSE:EME) last announced its quarterly earnings data on Thursday, July 31st. The construction company reported $6.72 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 business had revenue of $4.30 billion for the quarter, compared to analyst estimates of $4.10 billion. During the same quarter in the previous year, the firm posted $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, analysts anticipate that EMCOR Group, Inc. will post 20.74 EPS for the current year.

EMCOR Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Investors of record on Tuesday, July 15th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Tuesday, July 15th. EMCOR Group’s payout ratio 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.