EMCOR Group, Inc. $EME Shares Sold by Hahn Capital Management LLC

Key Points

• Hahn Capital Management LLC has reduced its stake in EMCOR Group by 1.5%, now holding 24,471 shares, which comprise 6.2% of its portfolio.
• EMCOR Group reported a Q2 EPS of $6.72, exceeding analysts' expectations, with revenue rising 17.4% year-over-year to $4.30 billion.
• Analysts have mixed ratings on EMCOR Group, with a consensus rating of "Moderate Buy" and a price target averaging $594.50.

Hahn Capital Management LLC cut its position in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) by 1.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,471 shares of the construction company's stock after selling 380 shares during the quarter. EMCOR Group comprises 6.2% of Hahn Capital Management LLC's portfolio, making the stock its 3rd biggest position. Hahn Capital Management LLC owned about 0.05% of EMCOR Group worth $13,089,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BankPlus Trust Department boosted its position in shares of EMCOR Group by 200.0% in 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 during the period. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of EMCOR Group in the first quarter worth about $28,000. Hazlett Burt & Watson Inc. purchased a new stake in shares of EMCOR Group in the first quarter worth about $30,000. Groupe la Francaise boosted its position 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 buying an additional 38 shares during the period. Finally, Pandora Wealth Inc. purchased a new stake in shares of EMCOR Group in the first quarter worth about $37,000. 92.59% of the stock is currently owned by institutional investors and hedge funds.

EMCOR Group Trading Up 1.0%

Shares of EME opened at $661.59 on Friday. The company has a market capitalization of $29.62 billion, a P/E ratio of 27.45 and a beta of 1.24. EMCOR Group, Inc. has a one year low of $320.89 and a one year high of $667.64. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.15 and a current ratio of 1.18. The stock has a 50-day moving average price of $626.92 and a 200 day moving average price of $514.97.

EMCOR Group (NYSE:EME - Get Free Report) last released 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. EMCOR Group had a return on equity of 38.01% and a net margin of 7.07%.The company had revenue of $4.30 billion for the quarter, compared to the consensus estimate of $4.10 billion. During the same quarter last year, the business posted $5.25 EPS. 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. Sell-side analysts forecast that EMCOR Group, Inc. will post 20.74 EPS for the current fiscal year.

Analyst Ratings Changes

EME has been the subject of several analyst reports. Northcoast Research downgraded EMCOR Group from a "buy" rating to a "neutral" rating and set a $500.00 target price for the company. in a research report on Thursday, August 7th. Zacks Research raised EMCOR Group from a "hold" rating to a "strong-buy" rating in a research report on Friday, September 12th. UBS Group set a $750.00 target price on EMCOR Group and gave the stock a "buy" rating in a research report on Tuesday, August 5th. Stifel Nicolaus upped their target price on EMCOR Group from $503.00 to $597.00 and gave the stock a "buy" rating in a research report on Friday, July 11th. Finally, The Goldman Sachs Group increased their price target on EMCOR Group from $384.00 to $435.00 and gave the company a "sell" rating in a report on Tuesday, July 8th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $594.50.

EMCOR Group 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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