EMCOR Group, Inc. $EME Stock Holdings Trimmed by Fiera Capital Corp

Fiera Capital Corp lessened its position in shares of EMCOR Group, Inc. (NYSE:EME) by 0.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 97,039 shares of the construction company’s stock after selling 544 shares during the period. Fiera Capital Corp owned about 0.22% of EMCOR Group worth $51,905,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. McLean Asset Management Corp raised its position in shares of EMCOR Group by 2.8% during the 2nd quarter. McLean Asset Management Corp now owns 700 shares of the construction company’s stock valued at $379,000 after acquiring an additional 19 shares in the last quarter. Park Place Capital Corp increased its stake in EMCOR Group by 6.9% during the second quarter. Park Place Capital Corp now owns 308 shares of the construction company’s stock valued at $164,000 after purchasing an additional 20 shares during the last quarter. Simon Quick Advisors LLC raised its holdings in shares of EMCOR Group by 2.1% during the second quarter. Simon Quick Advisors LLC now owns 1,092 shares of the construction company’s stock worth $584,000 after purchasing an additional 22 shares during the period. NBC Securities Inc. lifted its position in shares of EMCOR Group by 0.7% in the 2nd quarter. NBC Securities Inc. now owns 3,170 shares of the construction company’s stock worth $1,695,000 after buying an additional 23 shares during the last quarter. Finally, Institute for Wealth Management LLC. boosted its holdings in shares of EMCOR Group by 2.2% in the 2nd quarter. Institute for Wealth Management LLC. now owns 1,051 shares of the construction company’s stock valued at $562,000 after buying an additional 23 shares during the period. 92.59% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on EME shares. UBS Group set a $750.00 price objective on shares of EMCOR Group and gave the stock a “buy” rating in a research note on Tuesday, August 5th. Stifel Nicolaus increased their price target on EMCOR Group from $692.00 to $718.00 and gave the stock a “buy” rating in a research report on Monday, October 13th. Robert W. Baird set a $713.00 price objective on EMCOR Group in a research report on Friday, October 31st. Northcoast Research downgraded EMCOR Group from a “buy” rating to a “neutral” rating and set a $500.00 price objective for the company. in a research note on Thursday, August 7th. Finally, Zacks Research upgraded EMCOR Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 12th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $692.83.

EMCOR Group Stock Up 0.4%

Shares of EMCOR Group stock opened at $643.73 on Thursday. The business’s fifty day moving average price is $663.17 and its two-hundred day moving average price is $578.06. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.18 and a quick ratio of 1.15. The company has a market capitalization of $28.82 billion, a P/E ratio of 26.71 and a beta of 1.25. EMCOR Group, Inc. has a 1-year low of $320.89 and a 1-year high of $778.64.

EMCOR Group (NYSE:EME) last released its quarterly earnings results on Thursday, October 30th. The construction company reported $6.57 earnings per share (EPS) for the quarter, hitting the consensus estimate of $6.57. 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 during the quarter, compared to analysts’ expectations of $4.27 billion. During the same quarter in the prior year, the business posted $5.80 earnings per share. The company’s revenue for the quarter was up 16.4% compared to the same quarter last year. EMCOR Group has set its FY 2025 guidance at 25.000-25.75 EPS. As a group, research analysts forecast that EMCOR Group, Inc. will post 20.74 EPS for the current year.

EMCOR Group Announces Dividend

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

Insider Buying and Selling at EMCOR Group

In other 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 value of $897,316.50. Following the completion of the transaction, the director directly owned 6,140 shares in the company, valued at $4,158,130.80. This trade represents a 17.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.83% of the company’s stock.

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.