Koshinski Asset Management Inc. Takes Position in EMCOR Group, Inc. $EME

Key Points

• Koshinski Asset Management Inc. acquired a new stake in EMCOR Group, purchasing 486 shares valued at approximately $260,000 during the second quarter.
• EMCOR Group reported $6.72 earnings per share (EPS) for the last quarter, surpassing expectations of $5.68, and its revenue increased 17.4% year-over-year.
• The company declared a quarterly dividend of $0.25 per share, to be paid on October 30th, reflecting a yield of 0.1%.

Koshinski Asset Management Inc. bought a new stake in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 486 shares of the construction company's stock, valued at approximately $260,000.

A number of other hedge funds have also recently modified their holdings of EME. Pacer Advisors Inc. grew its stake in shares of EMCOR Group by 3,878.2% during the first 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. New Vernon Capital Holdings II LLC bought a new position in shares of EMCOR Group during the first quarter valued at approximately $114,220,000. Jones Financial Companies Lllp grew its stake in shares of EMCOR Group by 56,287.8% during the first quarter. Jones Financial Companies Lllp now owns 286,450 shares of the construction company's stock valued at $105,881,000 after buying an additional 285,942 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of EMCOR Group by 43.6% during the first 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. Finally, Nuveen LLC bought a new position in shares of EMCOR Group during the first quarter valued at approximately $71,821,000. Institutional investors own 92.59% of the company's stock.

EMCOR Group Stock Down 1.4%

Shares of NYSE EME opened at $690.50 on Wednesday. The company has a current ratio of 1.18, a quick ratio of 1.15 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $30.91 billion, a PE ratio of 28.65 and a beta of 1.24. The stock's fifty day simple moving average is $640.90 and its two-hundred day simple moving average is $542.70. EMCOR Group, Inc. has a 12-month low of $320.89 and a 12-month high of $704.09.

EMCOR Group (NYSE:EME - Get Free Report) last announced its earnings results on Thursday, July 31st. The construction company reported $6.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.68 by $1.04. The business had revenue of $4.30 billion for 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%.The business's revenue for the quarter was up 17.4% on a year-over-year basis. During the same quarter last year, the firm earned $5.25 EPS. EMCOR Group has set its FY 2025 guidance at 24.500-25.750 EPS. As a group, analysts expect that EMCOR Group, Inc. will post 20.74 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 30th. Shareholders of record on Wednesday, October 15th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Wednesday, October 15th. EMCOR Group's dividend payout ratio (DPR) is 4.15%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. William Blair initiated coverage on EMCOR Group in a research note on Thursday, September 11th. They set an "outperform" rating on the stock. UBS Group set a $750.00 price objective on EMCOR Group and gave the stock a "buy" rating in a research note on Tuesday, August 5th. Zacks Research raised EMCOR Group from a "hold" rating to a "strong-buy" rating in a research note on Friday, September 12th. Wall Street Zen raised EMCOR Group from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 2nd. Finally, Baird R W raised EMCOR Group to a "strong-buy" rating in a research note on Friday, June 27th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $654.83.

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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