EMCOR Group, Inc. $EME Stock Holdings Raised by denkapparat Operations GmbH

denkapparat Operations GmbH increased its holdings in shares of EMCOR Group, Inc. (NYSE:EME) by 30.0% in the second quarter, according to its most recent filing with the SEC. The fund owned 2,348 shares of the construction company’s stock after acquiring an additional 542 shares during the period. EMCOR Group comprises 1.0% of denkapparat Operations GmbH’s portfolio, making the stock its 8th biggest position. denkapparat Operations GmbH’s holdings in EMCOR Group were worth $1,256,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Allworth Financial LP boosted its stake in shares of EMCOR Group by 17.9% during the first quarter. Allworth Financial LP now owns 217 shares of the construction company’s stock valued at $87,000 after purchasing an additional 33 shares during the period. Alps Advisors Inc. increased its stake in EMCOR Group by 3.4% in the 1st quarter. Alps Advisors Inc. now owns 908 shares of the construction company’s stock worth $336,000 after buying an additional 30 shares during the period. Cerity Partners LLC lifted its holdings in EMCOR Group by 4.0% during the 1st quarter. Cerity Partners LLC now owns 12,825 shares of the construction company’s stock valued at $4,740,000 after buying an additional 497 shares in the last quarter. Securian Asset Management Inc. boosted its position in EMCOR Group by 2.9% in the 1st quarter. Securian Asset Management Inc. now owns 3,578 shares of the construction company’s stock valued at $1,323,000 after buying an additional 100 shares during the period. Finally, Cutter & CO Brokerage Inc. grew its stake in EMCOR Group by 16.8% in the 1st quarter. Cutter & CO Brokerage Inc. now owns 557 shares of the construction company’s stock worth $206,000 after acquiring an additional 80 shares in the last quarter. Institutional investors own 92.59% of the company’s stock.

EMCOR Group Trading Down 2.4%

Shares of NYSE:EME opened at $640.38 on Wednesday. The company has a market capitalization of $28.67 billion, a PE ratio of 26.57 and a beta of 1.25. 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 $778.64. The business’s fifty day simple moving average is $662.82 and its 200-day simple moving average is $577.60.

EMCOR Group (NYSE:EME) last issued its quarterly earnings data on Thursday, October 30th. The construction company reported $6.57 earnings per share for the quarter, meeting analysts’ consensus estimates of $6.57. The company had revenue of $4.30 billion for the quarter, compared to the consensus estimate of $4.27 billion. EMCOR Group had a return on equity of 38.01% and a net margin of 7.07%.The firm’s revenue for the quarter was up 16.4% compared to the same quarter last year. During the same quarter last year, the company earned $5.80 earnings per share. EMCOR Group has set its FY 2025 guidance at 25.000-25.75 EPS. As a group, equities research analysts predict that EMCOR Group, Inc. will post 20.74 earnings per share for the current fiscal year.

EMCOR Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 30th. Stockholders of record on Wednesday, October 15th were given a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, October 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.2%. EMCOR Group’s payout ratio is presently 4.02%.

Insider Activity at EMCOR Group

In related news, Director Robin A. Walker-Lee sold 1,325 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $677.22, for a total transaction of $897,316.50. Following the completion of the sale, the director owned 6,140 shares of the company’s stock, valued at $4,158,130.80. This represents a 17.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.83% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on EME. Stifel Nicolaus raised their target price on shares of EMCOR Group from $692.00 to $718.00 and gave the stock a “buy” rating in a research report on Monday, October 13th. Zacks Research upgraded EMCOR Group from a “hold” rating to a “strong-buy” rating in a report on Friday, September 12th. DA Davidson upped their target price on EMCOR Group from $725.00 to $800.00 and gave the stock a “buy” rating in a report on Friday, October 31st. UBS Group set a $750.00 price target on EMCOR Group and gave the stock a “buy” rating in a research report on Tuesday, August 5th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a report on Wednesday, October 8th. Two research 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 stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $692.83.

EMCOR Group Company 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.