CW Advisors LLC Has $13.81 Million Stock Holdings in EMCOR Group, Inc. $EME

Key Points

• CW Advisors LLC reduced its holdings in EMCOR Group by 13.6%, selling 5,889 shares and now holds 37,368 shares valued at approximately $13.81 million.
• Several institutional investors, including Candriam S.C.A. and BI Asset Management Fondsmaeglerselskab A S, have increased their stakes in EMCOR Group, with BI raising its holdings by 68.9% in the first quarter.
• EMCOR Group reported earnings of $6.72 per share, surpassing consensus estimates, and announced a quarterly dividend of $0.25 with a yield of 0.2%.

CW Advisors LLC decreased its holdings in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) by 13.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,368 shares of the construction company's stock after selling 5,889 shares during the quarter. CW Advisors LLC owned 0.08% of EMCOR Group worth $13,814,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the business. BankPlus Trust Department boosted its position in EMCOR Group by 200.0% during the first 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. acquired a new stake in EMCOR Group during the first quarter valued at $28,000. Hazlett Burt & Watson Inc. acquired a new stake in EMCOR Group during the first quarter valued at $30,000. Pandora Wealth Inc. acquired a new stake in EMCOR Group during the first quarter valued at $37,000. Finally, Continuum Advisory LLC boosted its position in EMCOR Group by 53.7% during the fourth quarter. Continuum Advisory LLC now owns 83 shares of the construction company's stock valued at $38,000 after purchasing an additional 29 shares during the last quarter. Hedge funds and other institutional investors own 92.59% of the company's stock.

EMCOR Group Stock Performance

EME traded up $4.81 on Wednesday, hitting $623.65. 101,771 shares of the stock traded hands, compared to its average volume of 475,230. EMCOR Group, Inc. has a 52 week low of $320.89 and a 52 week high of $667.64. The company has a current ratio of 1.18, a quick ratio of 1.15 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $27.92 billion, a PE ratio of 25.87 and a beta of 1.27. The business has a fifty day moving average price of $575.13 and a two-hundred day moving average price of $473.09.

EMCOR Group (NYSE:EME - Get Free Report) last announced its earnings results on Thursday, July 31st. The construction company reported $6.72 EPS for the quarter, topping 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 business had revenue of $4.30 billion for the quarter, compared to the consensus estimate of $4.10 billion. During the same period in the previous year, the business earned $5.25 EPS. EMCOR Group's revenue 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. On average, research analysts predict that EMCOR Group, Inc. will post 20.74 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

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

Analysts Set New Price Targets

A number of analysts have weighed in on EME shares. 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. Hovde Group raised EMCOR Group to a "hold" rating in a research report on Friday, June 27th. Wall Street Zen raised EMCOR Group from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 2nd. William Blair started coverage on EMCOR Group in a research report on Friday, June 27th. They issued an "outperform" rating for the company. Finally, 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. One 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 issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $594.50.

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.