EMCOR Group, Inc. $EME Stock Position Decreased by Paradigm Capital Management Inc. NY

Key Points

• Paradigm Capital Management Inc. reduced its stake in EMCOR Group by 1.8% in the first quarter, holding 32,475 shares valued at approximately $12 million at the end of the reporting period.
• Institutional investors own a significant majority (92.59%) of EMCOR Group's stock, with several firms, including Pacer Advisors and Northern Trust Corp, increasing their holdings in the recent quarter.
• EMCOR Group reported better-than-expected earnings, with $6.72 EPS for the quarter, surpassing analyst estimates, and set a fiscal year 2025 guidance of 24.500-25.750 EPS.

Paradigm Capital Management Inc. NY decreased its holdings in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) by 1.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 32,475 shares of the construction company's stock after selling 600 shares during the period. Paradigm Capital Management Inc. NY owned approximately 0.07% of EMCOR Group worth $12,004,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. BankPlus Trust Department lifted its position in EMCOR Group by 200.0% in the first quarter. BankPlus Trust Department now owns 72 shares of the construction company's stock valued at $27,000 after purchasing an additional 48 shares during the period. Migdal Insurance & Financial Holdings Ltd. purchased a new position in EMCOR Group in the first quarter valued at about $28,000. Hazlett Burt & Watson Inc. purchased a new position in EMCOR Group in the first quarter valued at about $30,000. Continuum Advisory LLC increased its holdings in 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 buying an additional 29 shares in the last quarter. Finally, Groupe la Francaise increased its holdings in EMCOR Group by 79.2% in the first quarter. Groupe la Francaise now owns 86 shares of the construction company's stock valued at $33,000 after buying an additional 38 shares in the last quarter. Institutional investors and hedge funds own 92.59% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on EME shares. The Goldman Sachs Group increased their target price on shares of EMCOR Group from $384.00 to $435.00 and gave the company a "sell" rating in a report on Tuesday, July 8th. Baird R W raised shares of EMCOR Group to a "strong-buy" rating in a report on Friday, June 27th. Robert W. Baird started coverage on shares of EMCOR Group in a report on Friday, June 27th. They issued an "outperform" rating and a $560.00 target price for the company. DA Davidson increased their target price on shares of EMCOR Group from $515.00 to $725.00 and gave the company a "buy" rating in a report on Friday, August 1st. Finally, Jefferies Financial Group began coverage on shares of EMCOR Group in a research note on Friday, June 27th. They set a "buy" rating for the company. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, EMCOR Group currently has an average rating of "Moderate Buy" and a consensus price target of $594.50.

EMCOR Group Trading Up 1.0%

EME stock traded up $6.05 during midday trading on Wednesday, hitting $626.46. The stock had a trading volume of 303,234 shares, compared to its average volume of 286,108. The firm has a market cap of $28.04 billion, a PE ratio of 25.99 and a beta of 1.28. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.18 and a quick ratio of 1.15. EMCOR Group, Inc. has a 12-month low of $320.89 and a 12-month high of $667.64. The company's 50-day moving average price is $590.91 and its 200 day moving average price is $480.48.

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 (EPS) for the quarter, beating 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 analysts' expectations of $4.10 billion. During the same period in the previous year, the company earned $5.25 EPS. The business'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. On average, equities research analysts predict that EMCOR Group, Inc. will post 20.74 earnings per share for the current fiscal year.

EMCOR Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 31st. Shareholders of record on Tuesday, July 15th were issued a $0.25 dividend. The ex-dividend date was Tuesday, July 15th. This represents a $1.00 dividend on an annualized basis and a yield of 0.2%. EMCOR Group's payout ratio is currently 4.15%.

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.