NDVR Inc. Has $358,000 Holdings in EMCOR Group, Inc. $EME

NDVR Inc. trimmed its stake in shares of EMCOR Group, Inc. (NYSE:EME) by 30.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 669 shares of the construction company’s stock after selling 287 shares during the period. NDVR Inc.’s holdings in EMCOR Group were worth $358,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of EME. New Vernon Capital Holdings II LLC acquired a new stake in EMCOR Group in the first quarter worth $114,220,000. Jones Financial Companies Lllp increased its position in shares of EMCOR Group by 56,287.8% in the 1st quarter. Jones Financial Companies Lllp now owns 286,450 shares of the construction company’s stock valued at $105,881,000 after buying an additional 285,942 shares in the last quarter. AQR Capital Management LLC raised its stake 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 buying an additional 213,631 shares during the period. Nuveen LLC bought a new position in EMCOR Group during the first quarter worth about $71,821,000. Finally, Nordea Investment Management AB grew its stake in EMCOR Group by 63.8% in the second quarter. Nordea Investment Management AB now owns 395,110 shares of the construction company’s stock valued at $210,278,000 after acquiring an additional 153,948 shares during the period. 92.59% of the stock is owned by institutional investors.

Insider Buying and Selling at EMCOR Group

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

EMCOR Group Stock Performance

Shares of EME stock opened at $603.66 on Tuesday. The stock has a market capitalization of $27.02 billion, a PE ratio of 25.05 and a beta of 1.25. The business’s 50 day simple moving average is $659.04 and its 200 day simple moving average is $589.36. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.18 and a quick ratio of 1.15. EMCOR Group, Inc. has a one year low of $320.89 and a one 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 net margin of 7.07% and a return on equity of 38.01%. The firm had revenue of $4.30 billion during the quarter, compared to analyst estimates of $4.27 billion. During the same quarter last year, the business earned $5.80 EPS. The company’s revenue 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 earnings per share for the current year.

EMCOR Group Announces Dividend

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

Analysts Set New Price Targets

EME has been the topic of several recent analyst reports. Northcoast Research cut EMCOR Group from a “buy” rating to a “neutral” rating and set a $500.00 price objective on the stock. in a report on Thursday, August 7th. UBS Group set a $750.00 price target on shares of EMCOR Group and gave the stock a “buy” rating in a research note on Tuesday, August 5th. DA Davidson increased their target price on shares of EMCOR Group from $725.00 to $800.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Zacks Research downgraded shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 19th. Finally, Wall Street Zen lowered EMCOR Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, EMCOR Group has a consensus rating of “Moderate Buy” and an average price target of $692.83.

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.