Poinciana Advisors Group LLC Buys Shares of 519 EMCOR Group, Inc. $EME

Key Points

• Poinciana Advisors Group LLC acquired 519 shares of EMCOR Group, Inc., valued at approximately $278,000, during the second quarter, marking their new investment in the construction company.
• EMCOR Group reported a significant earnings per share of $6.72 in its latest quarterly results, exceeding estimates and reflecting a 17.4% year-over-year revenue increase.
• The company recently declared a quarterly dividend of $0.25 per share, resulting in an annualized yield of 0.2% and a low dividend payout ratio of 4.15%.

Poinciana Advisors Group LLC purchased a new stake in EMCOR Group, Inc. (NYSE:EME - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 519 shares of the construction company's stock, valued at approximately $278,000.

Several other large investors have also modified their holdings of EME. Rothschild Investment LLC lifted its stake in shares of EMCOR Group by 1,568.8% in the 1st quarter. Rothschild Investment LLC now owns 267 shares of the construction company's stock valued at $99,000 after purchasing an additional 251 shares during the last quarter. NBC Securities Inc. lifted its stake in shares of EMCOR Group by 104,800.0% in the 1st quarter. NBC Securities Inc. now owns 3,147 shares of the construction company's stock valued at $1,163,000 after purchasing an additional 3,144 shares during the last quarter. Merit Financial Group LLC lifted its stake in shares of EMCOR Group by 37.4% in the 1st quarter. Merit Financial Group LLC now owns 2,938 shares of the construction company's stock valued at $1,086,000 after purchasing an additional 799 shares during the last quarter. RFG Advisory LLC lifted its stake in shares of EMCOR Group by 12.1% in the 1st quarter. RFG Advisory LLC now owns 6,395 shares of the construction company's stock valued at $2,364,000 after purchasing an additional 691 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. acquired a new position in shares of EMCOR Group in the 1st quarter valued at $211,000. Institutional investors and hedge funds own 92.59% of the company's stock.

EMCOR Group Price Performance

Shares of NYSE EME opened at $639.90 on Tuesday. The stock's 50-day moving average is $621.83 and its two-hundred day moving average is $511.18. 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 1-year low of $320.89 and a 1-year high of $667.64. The company has a market cap of $28.64 billion, a price-to-earnings ratio of 26.55 and a beta of 1.28.

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 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 the consensus estimate of $4.10 billion. During the same quarter in the prior year, the business earned $5.25 EPS. EMCOR Group's revenue was up 17.4% on a year-over-year basis. EMCOR Group has set its FY 2025 guidance at 24.500-25.750 EPS. Analysts forecast that EMCOR Group, Inc. will post 20.74 EPS for the current fiscal year.

EMCOR Group Announces Dividend

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

Analyst Ratings Changes

Several brokerages have recently commented on EME. Jefferies Financial Group began coverage on EMCOR Group in a research note on Friday, June 27th. They issued a "buy" rating on the stock. Stifel Nicolaus boosted their price objective on EMCOR Group from $503.00 to $597.00 and gave the company a "buy" rating in a report on Friday, July 11th. The Goldman Sachs Group boosted their price objective on EMCOR Group from $384.00 to $435.00 and gave the company a "sell" rating in a report on Tuesday, July 8th. Robert W. Baird assumed coverage on EMCOR Group in a report on Friday, June 27th. They issued an "outperform" rating and a $560.00 price objective on the stock. Finally, Hovde Group upgraded EMCOR Group to a "hold" rating in a report on Friday, June 27th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target 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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