Maven Securities LTD Purchases Shares of 1,100 EMCOR Group, Inc. $EME

Key Points

• Maven Securities LTD purchased 1,100 shares of EMCOR Group, Inc., valued at approximately $407,000, as revealed in their recent 13F filing with the SEC.
• Analysts have mixed ratings for EMCOR Group, with one strong buy, seven buy, two hold, and one sell rating, and an average price target of $594.50.
• The company reported a 17.4% increase in revenue year-over-year, with Q2 earnings per share of $6.72 surpassing analysts' expectations of $5.68.

Maven Securities LTD acquired a new position in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,100 shares of the construction company's stock, valued at approximately $407,000.

A number of other institutional investors also recently made changes to their positions in EME. BankPlus Trust Department lifted 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 worth $27,000 after purchasing an additional 48 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new position in EMCOR Group during the 1st quarter worth $28,000. Hazlett Burt & Watson Inc. acquired a new stake in shares of EMCOR Group during the first quarter worth $30,000. Continuum Advisory LLC boosted its position in shares of EMCOR Group by 53.7% in the fourth quarter. Continuum Advisory LLC now owns 83 shares of the construction company's stock valued at $38,000 after acquiring an additional 29 shares during the period. Finally, Dogwood Wealth Management LLC bought a new stake in shares of EMCOR Group in the fourth quarter valued at about $40,000. Institutional investors own 92.59% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Baird R W raised shares of EMCOR Group to a "strong-buy" rating in a research report on Friday, June 27th. William Blair initiated coverage on shares of EMCOR Group in a report on Friday, June 27th. They set an "outperform" rating on the stock. The Goldman Sachs Group lifted their price target on shares of EMCOR Group from $384.00 to $435.00 and gave the company a "sell" rating in a research report on Tuesday, July 8th. 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. Finally, Robert W. Baird began coverage on EMCOR Group in a research note on Friday, June 27th. They set an "outperform" rating and a $560.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $594.50.

EMCOR Group Stock Down 1.1%

Shares of EME opened at $606.2750 on Wednesday. EMCOR Group, Inc. has a one year low of $320.89 and a one year high of $667.64. The company has a market cap of $27.14 billion, a P/E ratio of 25.16 and a beta of 1.27. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.18 and a quick ratio of 1.15. The firm has a 50 day simple moving average of $561.90 and a two-hundred day simple moving average of $467.71.

EMCOR Group (NYSE:EME - Get Free Report) last issued its earnings results on Thursday, July 31st. The construction company reported $6.72 earnings per share for the quarter, beating analysts' consensus estimates of $5.68 by $1.04. EMCOR Group had a return on equity of 38.01% and a net margin of 7.07%.The firm had revenue of $4.30 billion for the quarter, compared to the consensus estimate of $4.10 billion. During the same quarter last year, the business posted $5.25 EPS. The company's 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. Research analysts forecast that EMCOR Group, Inc. will post 20.74 EPS for the current fiscal year.

EMCOR Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Tuesday, July 15th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Tuesday, July 15th. EMCOR Group's payout ratio is currently 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.

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