EMCOR Group, Inc. $EME Shares Bought by Temasek Holdings Private Ltd

Key Points

• Temasek Holdings increased its stake in EMCOR Group by 1,214.0%, holding 41,036 shares valued at approximately $15.17 million after acquiring an additional 37,913 shares in the first quarter.
• EMCOR Group reported $6.72 EPS for the quarter, surpassing the consensus estimate of $5.68, with revenues of $4.30 billion, a 17.4% year-over-year increase.
• The company recently announced a quarterly dividend of $0.25 per share, resulting in an annualized dividend yield of 0.2%.

Temasek Holdings Private Ltd boosted its stake in EMCOR Group, Inc. (NYSE:EME - Free Report) by 1,214.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,036 shares of the construction company's stock after purchasing an additional 37,913 shares during the period. Temasek Holdings Private Ltd owned about 0.09% of EMCOR Group worth $15,168,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. BankPlus Trust Department boosted its position in shares of 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 in the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of EMCOR Group during the first quarter valued at approximately $28,000. Hazlett Burt & Watson Inc. purchased a new stake in EMCOR Group in the first quarter worth $30,000. Groupe la Francaise increased its position in 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 last quarter. Finally, Pandora Wealth Inc. bought a new position in shares of EMCOR Group in the first quarter worth $37,000. Institutional investors and hedge funds own 92.59% of the company's stock.

EMCOR Group Stock Performance

NYSE EME traded up $11.64 on Wednesday, reaching $634.67. 767,691 shares of the company's stock traded hands, compared to its average volume of 474,939. The firm has a market cap of $28.41 billion, a price-to-earnings ratio of 26.33 and a beta of 1.28. The stock has a 50 day moving average price of $600.83 and a 200-day moving average price of $487.55. EMCOR Group, Inc. has a fifty-two week low of $320.89 and a fifty-two week 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.

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. The business 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 company's quarterly revenue was up 17.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $5.25 earnings per share. EMCOR Group has set its FY 2025 guidance at 24.500-25.750 EPS. Equities 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. Shareholders of record on Tuesday, July 15th were given 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 yield of 0.2%. EMCOR Group's dividend payout ratio (DPR) is currently 4.15%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Hovde Group raised EMCOR Group to a "hold" rating in a research note on Friday, June 27th. DA Davidson raised their price target on EMCOR Group from $515.00 to $725.00 and gave the company a "buy" rating in a report on Friday, August 1st. Jefferies Financial Group assumed coverage on shares of EMCOR Group in a research report on Friday, June 27th. They set a "buy" rating on the stock. William Blair began coverage on shares of EMCOR Group in a research report on Friday, June 27th. They issued an "outperform" rating on the stock. Finally, Baird R W upgraded shares of EMCOR Group to a "strong-buy" rating in a research note on Friday, June 27th. One 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. Based on data from MarketBeat.com, EMCOR Group currently has an average 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.