Inspire Investing LLC Has $4.84 Million Stake in EMCOR Group, Inc. $EME

Key Points

• Inspire Investing LLC decreased its stake in EMCOR Group by 6.7%, holding 13,096 shares valued at approximately $4.84 million after selling 944 shares.
• EMCOR Group reported earnings of $6.72 per share for the latest quarter, exceeding analyst estimates by $1.04, with a revenue increase of 17.4% year-over-year.
• The company announced a quarterly dividend of $0.25 per share, yielding 0.2%, with a low dividend payout ratio of 4.15%.

Inspire Investing LLC decreased its stake in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) by 6.7% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 13,096 shares of the construction company's stock after selling 944 shares during the period. Inspire Investing LLC's holdings in EMCOR Group were worth $4,841,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in EME. Select Equity Group L.P. grew its holdings in EMCOR Group by 1.6% in the 4th quarter. Select Equity Group L.P. now owns 1,064,003 shares of the construction company's stock valued at $482,951,000 after buying an additional 16,563 shares during the last quarter. AQR Capital Management LLC grew its holdings in EMCOR Group by 43.6% in the 1st quarter. AQR Capital Management LLC now owns 703,456 shares of the construction company's stock valued at $253,065,000 after buying an additional 213,631 shares during the last quarter. Northern Trust Corp grew its holdings in EMCOR Group by 3.7% in the 1st quarter. Northern Trust Corp now owns 571,487 shares of the construction company's stock valued at $211,239,000 after buying an additional 20,604 shares during the last quarter. Pacer Advisors Inc. grew its holdings in EMCOR Group by 3,878.2% in the 1st quarter. Pacer Advisors Inc. now owns 534,585 shares of the construction company's stock valued at $197,599,000 after buying an additional 521,147 shares during the last quarter. Finally, Burgundy Asset Management Ltd. grew its holdings in EMCOR Group by 6.9% in the 1st quarter. Burgundy Asset Management Ltd. now owns 515,522 shares of the construction company's stock valued at $190,552,000 after buying an additional 33,069 shares during the last quarter. Institutional investors and hedge funds own 92.59% of the company's stock.

EMCOR Group Price Performance

Shares of NYSE:EME opened at $640.36 on Friday. EMCOR Group, Inc. has a 1-year low of $320.89 and a 1-year high of $667.64. The firm has a market capitalization of $28.67 billion, a PE ratio of 26.57 and a beta of 1.28. The business's 50 day moving average is $602.71 and its 200-day moving average is $489.27. The company has a current ratio of 1.18, a quick ratio of 1.15 and a debt-to-equity ratio of 0.08.

EMCOR Group (NYSE:EME - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The construction company reported $6.72 earnings per share for the quarter, topping the consensus estimate 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 analyst estimates of $4.10 billion. During the same quarter last year, the firm earned $5.25 EPS. EMCOR Group's revenue for the quarter 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 predict that EMCOR Group, Inc. will post 20.74 earnings per share for the current 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 dividend yield of 0.2%. The ex-dividend date was Tuesday, July 15th. EMCOR Group's dividend payout ratio (DPR) is 4.15%.

Wall Street Analysts Forecast Growth

EME has been the topic of a number of research analyst reports. Stifel Nicolaus raised their target price on EMCOR Group from $503.00 to $597.00 and gave the company a "buy" rating in a report on Friday, July 11th. Robert W. Baird initiated coverage on EMCOR Group in a report on Friday, June 27th. They issued an "outperform" rating and a $560.00 target price on the stock. Jefferies Financial Group initiated coverage on EMCOR Group in a report on Friday, June 27th. They issued a "buy" rating on the stock. Hovde Group raised EMCOR Group to a "hold" rating in a report on Friday, June 27th. Finally, The Goldman Sachs Group lifted their price objective on EMCOR Group from $384.00 to $435.00 and gave the stock a "sell" rating in a report on Tuesday, July 8th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price 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.

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