3,000 Shares in EMCOR Group, Inc. $EME Acquired by Paradigm Asset Management Co. LLC

Paradigm Asset Management Co. LLC bought a new position in shares of EMCOR Group, Inc. (NYSE:EME) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,000 shares of the construction company’s stock, valued at approximately $1,605,000.

Other large investors also recently modified their holdings of the company. BankPlus Trust Department raised its position in EMCOR Group by 200.0% in the first quarter. BankPlus Trust Department now owns 72 shares of the construction company’s stock valued at $27,000 after purchasing an additional 48 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new position in EMCOR Group in the 1st quarter valued at approximately $28,000. Hazlett Burt & Watson Inc. bought a new position in shares of EMCOR Group during the first quarter valued at $30,000. Groupe la Francaise lifted its holdings in shares of EMCOR Group by 79.2% during the first quarter. Groupe la Francaise now owns 86 shares of the construction company’s stock worth $33,000 after purchasing an additional 38 shares during the period. Finally, Pandora Wealth Inc. bought a new stake in shares of EMCOR Group in the first quarter worth $37,000. 92.59% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Robin A. Walker-Lee sold 1,325 shares of the business’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 transaction of $897,316.50. Following the completion of the sale, the director owned 6,140 shares in the company, valued at $4,158,130.80. The trade was a 17.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 1.26% of the company’s stock.

EMCOR Group Price Performance

EMCOR Group stock opened at $649.15 on Friday. The stock has a market capitalization of $29.06 billion, a price-to-earnings ratio of 26.94 and a beta of 1.25. EMCOR Group, Inc. has a 52-week low of $320.89 and a 52-week high of $778.64. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.15 and a current ratio of 1.18. The stock’s 50 day moving average price is $661.69 and its two-hundred day moving average price is $571.46.

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

EMCOR Group Announces Dividend

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

Analysts Set New Price Targets

Several brokerages recently issued reports on EME. The Goldman Sachs Group raised EMCOR Group from a “sell” rating to a “neutral” rating and raised their target price for the stock from $495.00 to $676.00 in a research report on Tuesday, October 7th. Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a research report on Wednesday, October 8th. Northcoast Research lowered EMCOR Group from a “buy” rating to a “neutral” rating and set a $500.00 price objective on the stock. in a research note on Thursday, August 7th. Stifel Nicolaus increased their target price on shares of EMCOR Group from $692.00 to $718.00 and gave the company a “buy” rating in a research report on Monday, October 13th. Finally, Robert W. Baird set a $713.00 price target on shares of EMCOR Group in a report on Friday, October 31st. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $692.83.

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.