EMCOR Group, Inc. $EME Stock Holdings Trimmed by Yousif Capital Management LLC

Yousif Capital Management LLC reduced its position in EMCOR Group, Inc. (NYSE:EME) by 4.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,898 shares of the construction company’s stock after selling 715 shares during the quarter. Yousif Capital Management LLC’s holdings in EMCOR Group were worth $8,504,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EME. BankPlus Trust Department increased its holdings 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 buying an additional 48 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of EMCOR Group during the first 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 approximately $30,000. Groupe la Francaise grew 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 valued at $33,000 after purchasing an additional 38 shares during the last quarter. Finally, Pandora Wealth Inc. bought a new position in shares of EMCOR Group during the first quarter valued at approximately $37,000. 92.59% of the stock is owned by institutional investors.

EMCOR Group Stock Up 2.2%

EME opened at $678.57 on Tuesday. EMCOR Group, Inc. has a 12 month low of $320.89 and a 12 month high of $697.91. 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 stock has a market cap of $30.37 billion, a P/E ratio of 28.16 and a beta of 1.24. The stock’s 50 day moving average price is $632.80 and its 200 day moving average price is $530.35.

EMCOR Group (NYSE:EME) last posted its earnings results on Thursday, July 31st. The construction company reported $6.72 EPS for the quarter, beating 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 analysts’ expectations of $4.10 billion. During the same period last year, the firm earned $5.25 EPS. The firm’s revenue was up 17.4% compared to the same quarter last year. EMCOR Group has set its FY 2025 guidance at 24.500-25.750 EPS. As a group, research analysts predict that EMCOR Group, Inc. will post 20.74 earnings per share for the current year.

EMCOR Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 30th. Shareholders of record on Wednesday, October 15th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Wednesday, October 15th. EMCOR Group’s dividend payout ratio (DPR) is presently 4.15%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on EME. TD Securities began coverage on EMCOR Group in a report on Friday, June 27th. They set a “buy” rating for the company. Zacks Research raised EMCOR Group from a “hold” rating to a “strong-buy” rating in a report on Friday, September 12th. Jefferies Financial Group began coverage on EMCOR Group in a report on Friday, June 27th. They set a “buy” rating for the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of EMCOR Group in a report on Wednesday, October 8th. Finally, Wall Street Zen raised EMCOR Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 2nd. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $654.83.

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.