Gordian Capital Singapore Pte Ltd Invests $370,000 in EMCOR Group, Inc. $EME

Key Points

• Gordian Capital Singapore Pte Ltd recently invested $370,000 in EMCOR Group, Inc. by acquiring 1,000 shares during the first quarter.
• EMCOR Group's stock saw a 1.4% increase and currently has a market capitalization of $28.31 billion with a consensus price target of $594.50.
• Analysts have mixed ratings on EMCOR Group, with one giving it a Strong Buy rating and several maintaining Buy or Neutral ratings, reflecting varied investor sentiment.

Gordian Capital Singapore Pte Ltd bought a new position in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 1,000 shares of the construction company's stock, valued at approximately $370,000.

Other large investors also recently made changes to their positions in the company. BankPlus Trust Department increased its stake in shares of 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 purchasing an additional 48 shares during the period. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of EMCOR Group during the first quarter worth approximately $28,000. Hazlett Burt & Watson Inc. acquired a new stake in EMCOR Group during the first quarter worth approximately $30,000. Groupe la Francaise grew its position in EMCOR Group by 79.2% during 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 in the last quarter. Finally, Pandora Wealth Inc. acquired a new stake in EMCOR Group during the first quarter worth approximately $37,000. Institutional investors own 92.59% of the company's stock.

Wall Street Analysts Forecast Growth

EME has been the topic of a number of analyst reports. Northcoast Research downgraded EMCOR Group from a "buy" rating to a "neutral" rating and set a $500.00 price target on the stock. in a research report on Thursday, August 7th. Jefferies Financial Group initiated coverage on EMCOR Group in a research report on Friday, June 27th. They set a "buy" rating on the stock. William Blair initiated coverage on EMCOR Group in a research report on Friday, June 27th. They set an "outperform" rating on the stock. The Goldman Sachs Group increased their price target on EMCOR Group from $384.00 to $435.00 and gave the stock a "sell" rating in a research report on Tuesday, July 8th. Finally, DA Davidson raised their target price on EMCOR Group from $515.00 to $725.00 and gave the company a "buy" rating in a report on Friday, August 1st. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, EMCOR Group presently has a consensus rating of "Moderate Buy" and a consensus price target of $594.50.

EMCOR Group Stock Up 1.4%

Shares of EME opened at $632.50 on Friday. EMCOR Group, Inc. has a 52 week low of $320.89 and a 52 week high of $667.64. The stock has a market capitalization of $28.31 billion, a price-to-earnings ratio of 26.24 and a beta of 1.27. 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 fifty day moving average of $580.87 and a 200-day moving average of $475.28.

EMCOR Group (NYSE:EME - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The construction company reported $6.72 EPS for the quarter, beating analysts' consensus estimates of $5.68 by $1.04. The company had revenue of $4.30 billion during the quarter, compared to analysts' expectations of $4.10 billion. EMCOR Group had a return on equity of 38.01% and a net margin of 7.07%.EMCOR Group's revenue was up 17.4% compared to the same quarter last year. During the same period in the prior year, the company earned $5.25 EPS. EMCOR Group has set its FY 2025 guidance at 24.500-25.750 EPS. As a group, sell-side analysts anticipate that EMCOR Group, Inc. will post 20.74 earnings per share for the current fiscal year.

EMCOR Group Dividend Announcement

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

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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