Universal Beteiligungs und Servicegesellschaft mbH Boosts Holdings in EMCOR Group, Inc. $EME

Universal Beteiligungs und Servicegesellschaft mbH lifted its stake in shares of EMCOR Group, Inc. (NYSE:EME) by 6.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 52,237 shares of the construction company’s stock after purchasing an additional 3,261 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in EMCOR Group were worth $27,941,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of EME. Hazlett Burt & Watson Inc. acquired a new stake in EMCOR Group in the 1st quarter worth about $30,000. Tobam raised its holdings in shares of EMCOR Group by 1,900.0% during the second quarter. Tobam now owns 80 shares of the construction company’s stock valued at $43,000 after acquiring an additional 76 shares during the last quarter. Groupe la Francaise lifted its position in shares of EMCOR Group by 79.2% in the first quarter. Groupe la Francaise now owns 86 shares of the construction company’s stock valued at $33,000 after acquiring an additional 38 shares in the last quarter. Pandora Wealth Inc. acquired a new stake in shares of EMCOR Group in the first quarter worth approximately $37,000. Finally, Harbor Investment Advisory LLC boosted its stake in shares of EMCOR Group by 110.0% in the second quarter. Harbor Investment Advisory LLC now owns 105 shares of the construction company’s stock worth $56,000 after acquiring an additional 55 shares during the last quarter. Institutional investors and hedge funds own 92.59% of the company’s stock.

EMCOR Group Price Performance

NYSE:EME opened at $611.51 on Tuesday. EMCOR Group, Inc. has a 52 week low of $320.89 and a 52 week high of $778.64. The stock’s fifty day moving average is $662.41 and its two-hundred day moving average is $583.64. The company has a market capitalization of $27.38 billion, a P/E ratio of 25.37 and a beta of 1.25. The company has a quick ratio of 1.15, a current ratio of 1.18 and a debt-to-equity ratio of 0.08.

EMCOR Group (NYSE:EME) last released its quarterly earnings results on Thursday, October 30th. The construction company reported $6.57 earnings per share for the quarter, hitting analysts’ consensus estimates of $6.57. The business had revenue of $4.30 billion during the quarter, compared to analysts’ expectations of $4.27 billion. EMCOR Group had a return on equity of 38.01% and a net margin of 7.07%.The company’s revenue was up 16.4% compared to the same quarter last year. During the same period in the prior year, the business posted $5.80 EPS. EMCOR Group has set its FY 2025 guidance at 25.000-25.75 EPS. Equities analysts expect that EMCOR Group, Inc. will post 20.74 EPS for the current year.

EMCOR Group Dividend Announcement

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

Analysts Set New Price Targets

EME has been the subject of several recent research reports. UBS Group set a $750.00 price objective on EMCOR Group and gave the company a “buy” rating in a research note on Tuesday, August 5th. Weiss Ratings restated a “buy (b)” rating on shares of EMCOR Group in a research report on Wednesday, October 8th. Northcoast Research lowered shares of EMCOR Group from a “buy” rating to a “neutral” rating and set a $500.00 target price on the stock. in a research note on Thursday, August 7th. Wall Street Zen downgraded EMCOR Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. Finally, William Blair initiated coverage on EMCOR Group in a report on Thursday, September 11th. They issued an “outperform” rating for the company. Two research 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 stock. Based on data from MarketBeat, EMCOR Group has an average rating of “Moderate Buy” and a consensus target price of $692.83.

Insider Buying and Selling at EMCOR Group

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 shares were sold at an average price of $677.22, for a total value of $897,316.50. Following the sale, the director directly owned 6,140 shares of the company’s stock, valued at approximately $4,158,130.80. The trade was a 17.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.83% of the stock is currently owned by corporate insiders.

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.