Benchmark Investment Advisors LLC Has $2.39 Million Stake in EMCOR Group, Inc. $EME

Key Points

• Benchmark Investment Advisors LLC increased its holdings in EMCOR Group by 27%, acquiring an additional 1,374 shares, bringing its total to 6,454 shares valued at $2,386,000.
• EMCOR Group reported earnings of $6.72 EPS for the latest quarter, surpassing analysts' expectations of $5.68, with year-over-year revenue growth of 17.4%.
• The firm announced a quarterly dividend of $0.25 per share, representing an annualized yield of 0.2%, following a dividend payout ratio of 4.15%.

Benchmark Investment Advisors LLC boosted its position in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) by 27.0% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,454 shares of the construction company's stock after purchasing an additional 1,374 shares during the period. EMCOR Group comprises about 1.5% of Benchmark Investment Advisors LLC's investment portfolio, making the stock its 20th biggest position. Benchmark Investment Advisors LLC's holdings in EMCOR Group were worth $2,386,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in EME. BankPlus Trust Department lifted its holdings in EMCOR Group by 200.0% during the 1st quarter. BankPlus Trust Department now owns 72 shares of the construction company's stock valued at $27,000 after purchasing an additional 48 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new position in EMCOR Group during the 1st quarter valued at about $28,000. Hazlett Burt & Watson Inc. bought a new position in EMCOR Group during the 1st quarter valued at about $30,000. Groupe la Francaise raised its stake 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 worth $33,000 after acquiring an additional 38 shares during the last quarter. Finally, Pandora Wealth Inc. bought a new position in shares of EMCOR Group in the first quarter worth about $37,000. 92.59% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on EME. Stifel Nicolaus boosted their target price on shares of EMCOR Group from $503.00 to $597.00 and gave the stock a "buy" rating in a research note on Friday, July 11th. Baird R W upgraded shares of EMCOR Group to a "strong-buy" rating in a report on Friday, June 27th. The Goldman Sachs Group boosted their price objective on shares of EMCOR Group from $384.00 to $435.00 and gave the company a "sell" rating in a report on Tuesday, July 8th. UBS Group set a $750.00 price objective on shares of EMCOR Group and gave the company a "buy" rating in a report on Tuesday, August 5th. Finally, Robert W. Baird started coverage on shares of EMCOR Group in a report on Friday, June 27th. They set an "outperform" rating and a $560.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $594.50.

EMCOR Group Price Performance

Shares of EME stock traded up $6.05 on Wednesday, reaching $626.46. The company had a trading volume of 303,233 shares, compared to its average volume of 473,194. The stock has a market capitalization of $28.04 billion, a PE ratio of 25.99 and a beta of 1.28. 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, Inc. has a one year low of $320.89 and a one year high of $667.64. The business's 50-day moving average is $588.43 and its 200 day moving average is $479.47.

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, topping 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 net margin of 7.07% and a return on equity of 38.01%. The business's revenue for the quarter was up 17.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $5.25 earnings per share. EMCOR Group has set its FY 2025 guidance at 24.500-25.750 EPS. Equities research analysts forecast that EMCOR Group, Inc. will post 20.74 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Tuesday, July 15th were issued a dividend of $0.25 per share. The ex-dividend date was Tuesday, July 15th. This represents a $1.00 annualized dividend and a yield of 0.2%. EMCOR Group's dividend payout ratio (DPR) 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.