Barlow Wealth Partners Inc. Raises Stock Holdings in EMCOR Group, Inc. $EME

Key Points

• Barlow Wealth Partners Inc. increased its stake in EMCOR Group by 1.2%, acquiring an additional 450 shares, bringing its total holdings to 38,193 shares.
• EMCOR Group reported Q2 earnings of $6.72 per share, exceeding analysts' expectations of $5.68, and experienced a 17.4% year-over-year revenue increase.
• A recent quarterly dividend of $0.25 per share will be issued to shareholders on October 30th, representing a yield of 0.1% and a payout ratio of 4.15%.

Barlow Wealth Partners Inc. boosted its holdings in EMCOR Group, Inc. (NYSE:EME - Free Report) by 1.2% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 38,193 shares of the construction company's stock after purchasing an additional 450 shares during the period. EMCOR Group comprises 2.5% of Barlow Wealth Partners Inc.'s portfolio, making the stock its 17th largest position. Barlow Wealth Partners Inc. owned 0.09% of EMCOR Group worth $20,693,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. McLean Asset Management Corp increased its position in shares of EMCOR Group by 2.8% during the 2nd quarter. McLean Asset Management Corp now owns 700 shares of the construction company's stock valued at $379,000 after purchasing an additional 19 shares during the period. Park Place Capital Corp increased its position in shares of EMCOR Group by 6.9% during the 2nd quarter. Park Place Capital Corp now owns 308 shares of the construction company's stock valued at $164,000 after purchasing an additional 20 shares during the period. NBC Securities Inc. increased its position in shares of EMCOR Group by 0.7% during the 2nd quarter. NBC Securities Inc. now owns 3,170 shares of the construction company's stock valued at $1,695,000 after purchasing an additional 23 shares during the period. Institute for Wealth Management LLC. increased its position in shares of EMCOR Group by 2.2% during the 2nd quarter. Institute for Wealth Management LLC. now owns 1,051 shares of the construction company's stock valued at $562,000 after purchasing an additional 23 shares during the period. Finally, McGlone Suttner Wealth Management Inc. increased its position in shares of EMCOR Group by 1.9% during the 2nd quarter. McGlone Suttner Wealth Management Inc. now owns 1,518 shares of the construction company's stock valued at $812,000 after purchasing an additional 29 shares during the period. Hedge funds and other institutional investors own 92.59% of the company's stock.

EMCOR Group Stock Performance

Shares of EMCOR Group stock opened at $689.89 on Thursday. The stock has a market cap of $30.88 billion, a PE ratio of 28.63 and a beta of 1.24. EMCOR Group, Inc. has a 12 month low of $320.89 and a 12 month high of $697.91. 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 business has a fifty day simple moving average of $635.20 and a 200-day simple moving average of $532.45.

EMCOR Group (NYSE:EME - Get Free Report) last released its quarterly earnings data 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. The firm had revenue of $4.30 billion during the quarter, compared to analysts' expectations of $4.10 billion. EMCOR Group had a return on equity of 38.01% and a net margin of 7.07%.The business's revenue for the quarter was up 17.4% on a year-over-year basis. During the same quarter last year, the firm earned $5.25 earnings per share. EMCOR Group has set its FY 2025 guidance at 24.500-25.750 EPS. On average, sell-side analysts anticipate that EMCOR Group, Inc. will post 20.74 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 30th. Shareholders of record on Wednesday, October 15th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.1%. The ex-dividend date is Wednesday, October 15th. EMCOR Group's dividend payout ratio (DPR) is 4.15%.

Wall Street Analysts Forecast Growth

EME has been the subject of several research reports. Baird R W raised EMCOR Group to a "strong-buy" rating in a research note on Friday, June 27th. Zacks Research raised EMCOR Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, September 12th. William Blair initiated coverage on EMCOR Group in a research note on Thursday, September 11th. They set an "outperform" rating for the company. Jefferies Financial Group initiated coverage on EMCOR Group in a research note on Friday, June 27th. They set a "buy" rating for the company. Finally, Wall Street Zen raised EMCOR Group from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 2nd. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, EMCOR Group presently has a consensus 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.

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