IFM Investors Pty Ltd Grows Stock Position in EMCOR Group, Inc. $EME

Key Points

• IFM Investors Pty Ltd increased its stake in EMCOR Group, Inc. by 6.2%, owning a total of 8,934 shares valued at approximately $4.78 million after acquiring 523 additional shares.
• EMCOR Group reported earnings of $6.72 per share for the last quarter, exceeding analyst expectations of $5.68 and demonstrating a 17.4% year-over-year revenue growth to $4.30 billion.
• The company recently announced a quarterly dividend of $0.25 per share, yielding 0.2%, with a low payout ratio of 4.15%.

IFM Investors Pty Ltd increased its stake in EMCOR Group, Inc. (NYSE:EME - Free Report) by 6.2% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,934 shares of the construction company's stock after purchasing an additional 523 shares during the quarter. IFM Investors Pty Ltd's holdings in EMCOR Group were worth $4,779,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. BankPlus Trust Department grew 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 valued at $27,000 after purchasing 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 about $28,000. Hazlett Burt & Watson Inc. purchased a new stake in shares of EMCOR Group in the first quarter valued at $30,000. Groupe la Francaise increased its stake in EMCOR Group by 79.2% in the 1st quarter. Groupe la Francaise now owns 86 shares of the construction company's stock valued at $33,000 after buying an additional 38 shares during the period. Finally, Dogwood Wealth Management LLC acquired a new stake in EMCOR Group during the fourth quarter valued at $40,000. Institutional investors and hedge funds own 92.59% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Robert W. Baird assumed coverage on EMCOR Group in a report on Friday, June 27th. They issued an "outperform" rating and a $560.00 target price for the company. UBS Group set a $750.00 target price on shares of EMCOR Group and gave the company a "buy" rating in a research report on Tuesday, August 5th. Zacks Research raised shares of EMCOR Group from a "hold" rating to a "strong-buy" rating in a research report on Friday, September 12th. DA Davidson upped their price objective on EMCOR Group from $515.00 to $725.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Finally, Baird R W upgraded EMCOR Group to a "strong-buy" rating in a report on Friday, June 27th. Two investment analysts have 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 stock. Based on data from MarketBeat, EMCOR Group presently has an average rating of "Moderate Buy" and an average price target of $594.50.

EMCOR Group Stock Up 3.6%

EME stock traded up $22.86 during trading on Monday, reaching $654.88. The stock had a trading volume of 837,611 shares, compared to its average volume of 934,496. The company's 50 day moving average is $614.00 and its two-hundred day moving average is $502.09. The company has a quick ratio of 1.15, a current ratio of 1.18 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $29.31 billion, a price-to-earnings ratio of 27.17 and a beta of 1.28. EMCOR Group, Inc. has a one year low of $320.89 and a one year high of $667.64.

EMCOR Group (NYSE:EME - Get Free Report) last issued its quarterly earnings results 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 during the quarter, compared to analyst estimates of $4.10 billion. During the same period last year, the business earned $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. Equities research analysts forecast that EMCOR Group, Inc. will post 20.74 EPS for the current year.

EMCOR Group Dividend Announcement

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

About EMCOR Group

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.