Fuller & Thaler Asset Management Inc. Sells 61,523 Shares of EMCOR Group, Inc. $EME

Key Points

• Fuller & Thaler Asset Management Inc. reduced its stake in EMCOR Group, Inc. by 9.3% during Q1, holding 602,699 shares worth approximately $222.8 million.
• EMCOR reported $6.72 earnings per share for the latest quarter, exceeding the consensus estimate, with a revenue of $4.30 billion—up 17.4% from the previous year.
• The company has a market capitalization of $27.09 billion and institutional investors own 92.59% of its shares, indicating strong institutional support.

Fuller & Thaler Asset Management Inc. cut its position in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) by 9.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 602,699 shares of the construction company's stock after selling 61,523 shares during the quarter. EMCOR Group accounts for 0.9% of Fuller & Thaler Asset Management Inc.'s portfolio, making the stock its 19th biggest holding. Fuller & Thaler Asset Management Inc. owned approximately 1.35% of EMCOR Group worth $222,776,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. BankPlus Trust Department grew 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 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 first quarter valued at approximately $28,000. Hazlett Burt & Watson Inc. acquired a new stake in EMCOR Group during the first quarter valued at approximately $30,000. Continuum Advisory LLC boosted its holdings 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 in the last quarter. Finally, Dogwood Wealth Management LLC acquired a new stake in EMCOR Group during the fourth quarter valued at approximately $40,000. 92.59% of the stock is owned by institutional investors and hedge funds.

EMCOR Group Price Performance

Shares of NYSE:EME traded down $0.5080 during trading on Friday, reaching $610.3420. The stock had a trading volume of 222,909 shares, compared to its average volume of 377,207. EMCOR Group, Inc. has a 52 week low of $320.89 and a 52 week high of $667.64. The business's 50-day moving average price is $569.94 and its 200 day moving average price is $470.91. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.18 and a quick ratio of 1.15. The stock has a market capitalization of $27.32 billion, a PE ratio of 25.33 and a beta of 1.27.

EMCOR Group (NYSE:EME - Get Free Report) last posted its earnings results 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. 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 during the quarter, compared to analysts' expectations of $4.10 billion. During the same quarter in the previous year, the company posted $5.25 earnings per share. EMCOR Group's quarterly 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. As a group, equities analysts predict that EMCOR Group, Inc. will post 20.74 earnings per share for the current year.

EMCOR Group Announces Dividend

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

Wall Street Analyst Weigh In

A number of research firms have weighed in on EME. Hovde Group raised EMCOR Group to a "hold" rating in a report on Friday, June 27th. Stifel Nicolaus lifted their price objective on EMCOR Group from $503.00 to $597.00 and gave the company a "buy" rating in a report on Friday, July 11th. UBS Group set a $750.00 price objective on EMCOR Group and gave the company a "buy" rating in a report on Tuesday, August 5th. William Blair began coverage on EMCOR Group in a report on Friday, June 27th. They set an "outperform" rating on the stock. Finally, DA Davidson lifted their price objective on EMCOR Group from $515.00 to $725.00 and gave the company a "buy" rating in a report on Friday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the company 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.