EMCOR Group, Inc. $EME Shares Sold by Capital Fund Management S.A.

Key Points

• Capital Fund Management S.A. reduced its stake in EMCOR Group by 25.8%, selling 11,466 shares during the first quarter, leaving them with 33,052 shares valued at approximately $12.2 million.
• EMCOR Group reported $6.72 earnings per share for the last quarter, exceeding the consensus estimate of $5.68, with a revenue of $4.30 billion.
• The company recently announced a quarterly dividend of $0.25 per share, representing a yield of 0.2% and a dividend payout ratio of 4.15%.

Capital Fund Management S.A. reduced its stake in EMCOR Group, Inc. (NYSE:EME - Free Report) by 25.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 33,052 shares of the construction company's stock after selling 11,466 shares during the quarter. Capital Fund Management S.A. owned 0.07% of EMCOR Group worth $12,217,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. 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 worth $27,000 after buying an additional 48 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in EMCOR Group during the 1st quarter worth approximately $28,000. Hazlett Burt & Watson Inc. acquired a new stake in EMCOR Group during the 1st quarter worth approximately $30,000. Pandora Wealth Inc. acquired a new stake in EMCOR Group during the 1st quarter worth approximately $37,000. Finally, Continuum Advisory LLC lifted its holdings in EMCOR Group by 53.7% during the 4th quarter. Continuum Advisory LLC now owns 83 shares of the construction company's stock worth $38,000 after buying an additional 29 shares in the last quarter. 92.59% of the stock is currently owned by institutional investors and hedge funds.

EMCOR Group Stock Up 1.3%

Shares of NYSE EME traded up $7.80 during mid-day trading on Tuesday, reaching $616.96. The company had a trading volume of 150,044 shares, compared to its average volume of 475,883. 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 50 day simple moving average of $572.39 and a two-hundred day simple moving average of $472.08. The stock has a market cap of $27.62 billion, a P/E ratio of 25.60 and a beta of 1.27. EMCOR Group, Inc. has a 52-week low of $320.89 and a 52-week high of $667.64.

EMCOR Group (NYSE:EME - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The construction company reported $6.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.68 by $1.04. EMCOR Group had a net margin of 7.07% and a return on equity of 38.01%. The company had revenue of $4.30 billion for the quarter, compared to the consensus estimate of $4.10 billion. During the same period last year, the firm posted $5.25 EPS. EMCOR Group'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. Sell-side analysts predict that EMCOR Group, Inc. will post 20.74 earnings per share for the current year.

EMCOR Group Announces Dividend

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

Analysts Set New Price Targets

EME has been the topic of a number of research reports. Jefferies Financial Group started coverage on shares of EMCOR Group in a report on Friday, June 27th. They set a "buy" rating on the stock. The Goldman Sachs Group raised 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. TD Securities started coverage on shares of EMCOR Group in a report on Friday, June 27th. They issued a "buy" rating on the stock. Finally, Wall Street Zen upgraded shares of EMCOR Group from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 2nd. One equities research 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's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price 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.