FSM Wealth Advisors LLC Invests $330,000 in EMCOR Group, Inc. $EME

FSM Wealth Advisors LLC bought a new stake in shares of EMCOR Group, Inc. (NYSE:EME) in the 2nd quarter, HoldingsChannel reports. The firm bought 599 shares of the construction company’s stock, valued at approximately $330,000.

Other large investors have also recently added to or reduced their stakes in the company. Pacer Advisors Inc. grew its position in EMCOR Group by 3,878.2% in the first quarter. Pacer Advisors Inc. now owns 534,585 shares of the construction company’s stock worth $197,599,000 after buying an additional 521,147 shares during the last quarter. New Vernon Capital Holdings II LLC bought a new stake in shares of EMCOR Group during the 1st quarter worth $114,220,000. Jones Financial Companies Lllp grew its holdings 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 worth $105,881,000 after acquiring an additional 285,942 shares during the last quarter. AQR Capital Management LLC raised its position in shares of EMCOR Group by 43.6% during the first quarter. AQR Capital Management LLC now owns 703,456 shares of the construction company’s stock worth $253,065,000 after purchasing an additional 213,631 shares during the period. Finally, Nuveen LLC purchased a new stake in shares of EMCOR Group during the first quarter valued at $71,821,000. 92.59% of the stock is currently owned by institutional investors.

EMCOR Group Stock Performance

EME stock opened at $696.79 on Friday. The firm has a 50 day simple moving average of $643.57 and a 200 day simple moving average of $545.92. EMCOR Group, Inc. has a 52 week low of $320.89 and a 52 week high of $704.09. The stock has a market cap of $31.19 billion, a P/E ratio of 28.91 and a beta of 1.24. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.15 and a current ratio of 1.18.

EMCOR Group (NYSE:EME) last released its earnings results on Thursday, July 31st. The construction company reported $6.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.68 by $1.04. The company had revenue of $4.30 billion during the quarter, compared to the consensus estimate of $4.10 billion. EMCOR Group had a net margin of 7.07% and a return on equity of 38.01%. The company’s revenue was up 17.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $5.25 EPS. EMCOR Group has set its FY 2025 guidance at 24.500-25.750 EPS. Research analysts anticipate that EMCOR Group, Inc. will post 20.74 earnings per share for the current fiscal year.

EMCOR Group Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on EME shares. William Blair began coverage on EMCOR Group in a research note on Thursday, September 11th. They issued an “outperform” rating on the stock. TD Securities assumed coverage on shares of EMCOR Group in a research report on Friday, June 27th. They issued a “buy” rating on the stock. Robert W. Baird initiated coverage on shares of EMCOR Group in a report on Friday, June 27th. They set an “outperform” rating and a $560.00 price target on the stock. Zacks Research raised shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 12th. Finally, Jefferies Financial Group began coverage on shares of EMCOR Group in a research report on Friday, June 27th. They set a “buy” rating on the stock. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, EMCOR Group has an average rating of “Moderate Buy” and a consensus target price of $654.83.

EMCOR Group Company 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.