B. Metzler seel. Sohn & Co. AG Has $1.14 Million Position in EMCOR Group, Inc. $EME

Key Points

• B. Metzler seel. Sohn & Co. AG has increased its holdings in EMCOR Group by 33.2% in the first quarter, owning a total of 3,070 shares valued at $1,135,000.
• EMCOR Group reported earnings per share of $6.72, exceeding estimates, with a revenue of $4.30 billion for the quarter, marking a 17.4% increase year-over-year.
• The company also announced a quarterly dividend of $0.25 per share, contributing to an annualized yield of 0.2%.

B. Metzler seel. Sohn & Co. AG lifted its stake in EMCOR Group, Inc. (NYSE:EME - Free Report) by 33.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,070 shares of the construction company's stock after acquiring an additional 765 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in EMCOR Group were worth $1,135,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of EME. Pacer Advisors Inc. increased its position in shares of EMCOR Group by 3,878.2% in the first 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 last quarter. GAMMA Investing LLC increased its position 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 valued at $138,266,000 after acquiring an additional 373,316 shares during the last quarter. Nuveen LLC acquired a new position in EMCOR Group during the first quarter worth $71,821,000. Ameriprise Financial Inc. increased its holdings in EMCOR Group by 94.2% during the fourth quarter. Ameriprise Financial Inc. now owns 306,999 shares of the construction company's stock worth $139,349,000 after buying an additional 148,915 shares during the last quarter. Finally, Assenagon Asset Management S.A. increased its holdings in EMCOR Group by 203.0% during the first quarter. Assenagon Asset Management S.A. now owns 185,512 shares of the construction company's stock worth $68,571,000 after buying an additional 124,295 shares during the last quarter. Institutional investors and hedge funds own 92.59% of the company's stock.

EMCOR Group Stock Performance

Shares of EMCOR Group stock traded up $10.63 on Thursday, hitting $637.91. The stock had a trading volume of 125,267 shares, compared to its average volume of 471,056. EMCOR Group, Inc. has a twelve month low of $320.89 and a twelve month high of $667.64. The business's 50 day moving average is $590.91 and its two-hundred day moving average is $480.48. The company has a quick ratio of 1.15, a current ratio of 1.18 and a debt-to-equity ratio of 0.08. The stock has a market cap of $28.55 billion, a price-to-earnings ratio of 26.48 and a beta of 1.28.

EMCOR Group (NYSE:EME - Get Free Report) 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 company had revenue of $4.30 billion for the quarter, compared to the consensus estimate of $4.10 billion. During the same quarter in the prior year, the business earned $5.25 earnings per share. The firm's revenue for the quarter was up 17.4% on a year-over-year basis. EMCOR Group has set its FY 2025 guidance at 24.500-25.750 EPS. Analysts forecast that EMCOR Group, Inc. will post 20.74 EPS for the current year.

EMCOR Group Announces Dividend

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

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on EME. Robert W. Baird began coverage on shares of EMCOR Group in a report on Friday, June 27th. They set an "outperform" rating and a $560.00 target price on the stock. William Blair assumed coverage on shares of EMCOR Group in a report on Friday, June 27th. They set an "outperform" rating on the stock. Stifel Nicolaus boosted their price target on EMCOR Group from $503.00 to $597.00 and gave the stock a "buy" rating in a research report on Friday, July 11th. UBS Group set a $750.00 price target on EMCOR Group and gave the stock a "buy" rating in a research report on Tuesday, August 5th. Finally, Hovde Group raised EMCOR Group to a "hold" rating in a research report on Friday, June 27th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $594.50.

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.