GW Henssler & Associates Ltd. Buys 18 Shares of EMCOR Group, Inc. $EME

GW Henssler & Associates Ltd. boosted its holdings in shares of EMCOR Group, Inc. (NYSE:EME) by 0.0% in the second quarter, according to its most recent filing with the SEC. The firm owned 56,522 shares of the construction company’s stock after acquiring an additional 18 shares during the period. EMCOR Group accounts for 1.6% of GW Henssler & Associates Ltd.’s portfolio, making the stock its 13th largest position. GW Henssler & Associates Ltd. owned 0.13% of EMCOR Group worth $30,233,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. AQR Capital Management LLC grew its holdings in EMCOR Group by 43.6% during the 1st quarter. AQR Capital Management LLC now owns 703,456 shares of the construction company’s stock worth $253,065,000 after acquiring an additional 213,631 shares during the period. Northern Trust Corp grew its holdings in EMCOR Group by 3.7% during the 1st quarter. Northern Trust Corp now owns 571,487 shares of the construction company’s stock worth $211,239,000 after acquiring an additional 20,604 shares during the period. Pacer Advisors Inc. grew its holdings 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 acquiring an additional 521,147 shares during the period. Burgundy Asset Management Ltd. grew its holdings in EMCOR Group by 6.9% during the 1st 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 during the period. Finally, Allspring Global Investments Holdings LLC grew its holdings in EMCOR Group by 6.5% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 457,661 shares of the construction company’s stock worth $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.

Wall Street Analyst Weigh In

EME has been the subject of a number of analyst reports. UBS Group set a $750.00 target price on shares of EMCOR Group and gave the stock a “buy” rating in a report on Tuesday, August 5th. Wall Street Zen raised shares of EMCOR Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 2nd. TD Securities began coverage on shares of EMCOR Group in a report on Friday, June 27th. They issued a “buy” rating for the company. DA Davidson boosted their price target on shares of EMCOR Group from $515.00 to $725.00 and gave the company a “buy” rating in a report on Friday, August 1st. Finally, The Goldman Sachs Group raised shares of EMCOR Group from a “sell” rating to a “neutral” rating and boosted their price target for the company from $495.00 to $676.00 in a report on Tuesday, October 7th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $634.67.

EMCOR Group Trading Down 2.5%

EME opened at $663.92 on Friday. The stock has a market capitalization of $29.72 billion, a P/E ratio of 27.55 and a beta of 1.24. EMCOR Group, Inc. has a 12 month low of $320.89 and a 12 month high of $697.91. The firm’s fifty day simple moving average is $631.80 and its 200 day simple moving average is $527.16. 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 (NYSE:EME) last posted its quarterly earnings data on Thursday, July 31st. The construction company reported $6.72 EPS for the quarter, beating the consensus estimate 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 was up 17.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $5.25 EPS. EMCOR Group has set its FY 2025 guidance at 24.500-25.750 EPS. As a group, research analysts anticipate that EMCOR Group, Inc. will post 20.74 EPS for the current fiscal year.

EMCOR Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 30th. Investors of record on Wednesday, October 15th will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Wednesday, October 15th. EMCOR Group’s payout ratio is currently 4.15%.

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.