5,230 Shares in EMCOR Group, Inc. $EME Acquired by Dynamic Technology Lab Private Ltd

Key Points

• Dynamic Technology Lab Private Ltd acquired 5,230 shares of EMCOR Group, Inc., valued at approximately $1.93 million, indicating growing interest from institutional investors in the construction sector.
• EMCOR Group's latest earnings report showed $6.72 earnings per share, surpassing expectations and reflecting a 17.4% increase in revenue compared to the previous year.
• The company has received several analyst upgrades, with a consensus rating of "Moderate Buy" and an average target price of $594.50, suggesting positive market sentiment.

Dynamic Technology Lab Private Ltd acquired a new position in EMCOR Group, Inc. (NYSE:EME - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 5,230 shares of the construction company's stock, valued at approximately $1,933,000.

A number of other large investors also recently bought and sold shares of EME. Baird Financial Group Inc. raised its stake in EMCOR Group by 80.8% in the fourth quarter. Baird Financial Group Inc. now owns 10,395 shares of the construction company's stock worth $4,718,000 after buying an additional 4,647 shares in the last quarter. Captrust Financial Advisors raised its stake in EMCOR Group by 34.0% in the fourth quarter. Captrust Financial Advisors now owns 7,596 shares of the construction company's stock worth $3,448,000 after buying an additional 1,926 shares in the last quarter. Cetera Investment Advisers boosted its stake in EMCOR Group by 6.1% in the fourth quarter. Cetera Investment Advisers now owns 29,757 shares of the construction company's stock valued at $13,507,000 after acquiring an additional 1,721 shares in the last quarter. Crestline Management LP acquired a new stake in EMCOR Group in the fourth quarter valued at approximately $407,000. Finally, EP Wealth Advisors LLC acquired a new stake in EMCOR Group in the fourth quarter valued at approximately $202,000. Institutional investors own 92.59% of the company's stock.

Analyst Ratings Changes

EME has been the subject of several recent analyst reports. William Blair initiated coverage on shares of EMCOR Group in a research note on Friday, June 27th. They issued an "outperform" rating for the company. Robert W. Baird initiated coverage on shares of EMCOR Group in a research note on Friday, June 27th. They issued an "outperform" rating and a $560.00 target price for the company. Wall Street Zen upgraded shares of EMCOR Group from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 2nd. The Goldman Sachs Group raised their target price on shares of EMCOR Group from $384.00 to $435.00 and gave the company a "sell" rating in a research note on Tuesday, July 8th. Finally, TD Securities initiated coverage on shares of EMCOR Group in a research note on Friday, June 27th. They issued a "buy" rating for the company. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $594.50.

EMCOR Group Trading Down 2.4%

Shares of EMCOR Group stock opened at $625.05 on Friday. The company has a current ratio of 1.18, a quick ratio of 1.15 and a debt-to-equity ratio of 0.08. EMCOR Group, Inc. has a 12-month low of $320.89 and a 12-month high of $667.64. The firm has a market capitalization of $27.98 billion, a price-to-earnings ratio of 25.94 and a beta of 1.28. The firm's 50 day simple moving average is $595.37 and its two-hundred day simple moving average is $483.62.

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 (EPS) for the quarter, beating analysts' consensus estimates of $5.68 by $1.04. EMCOR Group had a net margin of 7.07% and a return on equity of 38.01%. The business had revenue of $4.30 billion for the quarter, compared to analyst estimates of $4.10 billion. During the same quarter in the prior year, the business posted $5.25 EPS. EMCOR Group's revenue for the quarter 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. Analysts predict that EMCOR Group, Inc. will post 20.74 EPS for the current year.

EMCOR Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Tuesday, July 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 was Tuesday, July 15th. EMCOR Group's payout ratio is presently 4.15%.

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.

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