Fox Run Management L.L.C. Buys New Shares in EMCOR Group, Inc. $EME

Key Points

• Fox Run Management L.L.C. acquired 3,949 shares of EMCOR Group, Inc. valued at approximately $1.46 million in the first quarter, as reported in their recent SEC filing.
• EMCOR Group has seen significant investment activity, with institutional and hedge funds owning 92.59% of its stock, reflecting strong investor interest.
• The company's latest earnings report showed $6.72 EPS, outperforming the consensus of $5.68, with a year-over-year revenue increase of 17.4%.

Fox Run Management L.L.C. acquired a new stake in EMCOR Group, Inc. (NYSE:EME - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,949 shares of the construction company's stock, valued at approximately $1,460,000.

Several other institutional investors have also bought and sold shares of the company. Pacer Advisors Inc. raised its holdings in EMCOR Group by 3,878.2% during the 1st quarter. Pacer Advisors Inc. now owns 534,585 shares of the construction company's stock valued at $197,599,000 after acquiring an additional 521,147 shares during the period. GAMMA Investing LLC increased its holdings in shares of EMCOR Group by 49,775.5% in the first quarter. GAMMA Investing LLC now owns 374,066 shares of the construction company's stock worth $138,266,000 after purchasing an additional 373,316 shares during the period. Nuveen LLC bought a new position in shares of EMCOR Group in the first quarter worth $71,821,000. Ameriprise Financial Inc. grew its position in EMCOR Group by 94.2% in the fourth quarter. Ameriprise Financial Inc. now owns 306,999 shares of the construction company's stock worth $139,349,000 after acquiring an additional 148,915 shares in the last quarter. Finally, First Trust Advisors LP grew its position in EMCOR Group by 35.2% in the fourth quarter. First Trust Advisors LP now owns 496,436 shares of the construction company's stock worth $225,332,000 after acquiring an additional 129,186 shares in the last quarter. Hedge funds and other institutional investors own 92.59% of the company's stock.

EMCOR Group Stock Performance

Shares of EMCOR Group stock traded down $7.4440 on Tuesday, hitting $605.4760. 62,733 shares of the company's stock were exchanged, compared to its average volume of 482,452. The company has a 50-day simple moving average of $559.10 and a 200-day simple moving average of $466.74. The stock has a market capitalization of $27.10 billion, a PE ratio of 25.14 and a beta of 1.27. EMCOR Group, Inc. has a 1 year low of $320.89 and a 1 year high of $667.64. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.15 and a current ratio of 1.18.

EMCOR Group (NYSE:EME - Get Free Report) 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. The business had revenue of $4.30 billion for the quarter, compared to analysts' expectations 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 last year, the company posted $5.25 EPS. EMCOR Group has set its FY 2025 guidance at 24.500-25.750 EPS. As a group, equities analysts anticipate that EMCOR Group, Inc. will post 20.74 EPS for the current year.

EMCOR Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 31st. Investors of record on Tuesday, July 15th were paid a dividend of $0.25 per share. The ex-dividend date was Tuesday, July 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.2%. EMCOR Group's payout ratio is 4.15%.

Analysts Set New Price Targets

EME has been the subject of several analyst reports. Northcoast Research lowered shares of EMCOR Group from a "buy" rating to a "neutral" rating and set a $500.00 price target for the company. in a research report on Thursday, August 7th. Hovde Group upgraded shares of EMCOR Group to a "hold" rating in a report on Friday, June 27th. Jefferies Financial Group began coverage on EMCOR Group in a report on Friday, June 27th. They set a "buy" rating on the stock. William Blair started coverage on EMCOR Group in a report on Friday, June 27th. They set an "outperform" rating on the stock. Finally, UBS Group set a $750.00 target price on shares of EMCOR Group and gave the company a "buy" rating in a research note on Tuesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, EMCOR Group has a consensus rating of "Moderate Buy" and a consensus price target of $594.50.

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.