REAP Financial Group LLC Has $124,000 Stake in EMCOR Group, Inc. $EME

REAP Financial Group LLC boosted its stake in EMCOR Group, Inc. (NYSE:EME) by 172.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 232 shares of the construction company’s stock after buying an additional 147 shares during the quarter. REAP Financial Group LLC’s holdings in EMCOR Group were worth $124,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. BankPlus Trust Department grew its stake in EMCOR Group by 200.0% in the 1st 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 period. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of EMCOR Group during the 1st quarter worth $28,000. Hazlett Burt & Watson Inc. bought a new position in EMCOR Group in the 1st quarter worth about $30,000. Groupe la Francaise boosted its stake in EMCOR Group by 79.2% in the 1st 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 position in EMCOR Group in the 1st quarter worth about $37,000. 92.59% of the stock is owned by hedge funds and other institutional investors.

EMCOR Group Trading Up 0.5%

Shares of NYSE EME opened at $673.59 on Wednesday. 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 business’s 50 day moving average price is $628.82 and its 200-day moving average price is $521.45. EMCOR Group, Inc. has a fifty-two week low of $320.89 and a fifty-two week high of $685.82. The company has a market cap of $30.15 billion, a price-to-earnings ratio of 27.95 and a beta of 1.24.

EMCOR Group (NYSE:EME) last issued its quarterly earnings results on Thursday, July 31st. The construction company reported $6.72 earnings per share for the quarter, topping the consensus estimate of $5.68 by $1.04. EMCOR Group had a return on equity of 38.01% and a net margin of 7.07%.The firm had revenue of $4.30 billion for the quarter, compared to the consensus estimate of $4.10 billion. During the same period in the prior year, the business posted $5.25 earnings per share. The company’s revenue for the quarter was up 17.4% on a year-over-year basis. EMCOR Group has set its FY 2025 guidance at 24.500-25.750 EPS. On average, sell-side analysts expect 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 will be paid on Thursday, October 30th. Stockholders of record on Wednesday, October 15th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Wednesday, October 15th. EMCOR Group’s dividend payout ratio is presently 4.15%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on EME shares. Stifel Nicolaus raised their price target on EMCOR Group from $503.00 to $597.00 and gave the company a “buy” rating in a report on Friday, July 11th. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a report on Saturday, September 27th. Wall Street Zen upgraded EMCOR Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 2nd. UBS Group set a $750.00 price target on EMCOR Group and gave the stock a “buy” rating in a research note on Tuesday, August 5th. Finally, DA Davidson upped their price objective on EMCOR Group from $515.00 to $725.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, EMCOR Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $634.67.

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.