Retirement Guys Formula LLC Invests $247,000 in EMCOR Group, Inc. $EME

Key Points

• Retirement Guys Formula LLC invested approximately $247,000 in EMCOR Group, acquiring 463 shares in the 2nd quarter.
• EMCOR Group reported a better-than-expected earnings per share of $6.72 for the last quarter, exceeding analysts' estimates of $5.68.
• The company recently declared a quarterly dividend of $0.25 per share, representing an annualized dividend of $1.00 and a yield of 0.2%.

Retirement Guys Formula LLC acquired a new position in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 463 shares of the construction company's stock, valued at approximately $247,000.

Several other hedge funds have also modified their holdings of EME. GTS Securities LLC purchased a new stake in EMCOR Group during the fourth quarter valued at $218,000. Toronto Dominion Bank raised its position in shares of EMCOR Group by 198.3% during the 4th quarter. Toronto Dominion Bank now owns 17,874 shares of the construction company's stock valued at $8,113,000 after buying an additional 11,882 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of EMCOR Group during the 4th quarter valued at about $19,607,000. Total Wealth Planning & Management Inc. purchased a new stake in EMCOR Group during the fourth quarter valued at approximately $217,000. Finally, Park Square Financial Group LLC purchased a new stake in EMCOR Group during the fourth quarter valued at approximately $48,000. 92.59% of the stock is owned by hedge funds and other institutional investors.

EMCOR Group Trading Down 2.7%

EME stock opened at $627.55 on Thursday. The company has a market capitalization of $28.09 billion, a PE ratio of 26.04 and a beta of 1.28. EMCOR Group, Inc. has a 12 month low of $320.89 and a 12 month high of $667.64. The firm's 50-day moving average is $617.37 and its 200 day moving average is $503.94. 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 (NYSE:EME - Get Free Report) last issued its earnings results on Thursday, July 31st. The construction company reported $6.72 EPS for the quarter, topping analysts' consensus estimates of $5.68 by $1.04. The business had revenue of $4.30 billion for the quarter, compared to analyst estimates of $4.10 billion. EMCOR Group had a net margin of 7.07% and a return on equity of 38.01%. The company's quarterly revenue was up 17.4% compared to the same quarter last year. During the same period last year, the company posted $5.25 earnings per share. EMCOR Group has set its FY 2025 guidance at 24.500-25.750 EPS. On average, research analysts anticipate that EMCOR Group, Inc. will post 20.74 EPS for the current year.

EMCOR Group Dividend Announcement

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

Analyst Upgrades and Downgrades

EME has been the topic of a number of recent research reports. Baird R W upgraded EMCOR Group to a "strong-buy" rating in a research report on Friday, June 27th. Wall Street Zen raised shares of EMCOR Group from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 2nd. Northcoast Research downgraded shares of EMCOR Group from a "buy" rating to a "neutral" rating and set a $500.00 target price on the stock. in a research note on Thursday, August 7th. Stifel Nicolaus increased their price objective on shares of EMCOR Group from $503.00 to $597.00 and gave the stock a "buy" rating in a research report on Friday, July 11th. Finally, The Goldman Sachs Group increased their price objective on shares of EMCOR Group from $384.00 to $435.00 and gave the stock a "sell" rating in a research report on Tuesday, July 8th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $594.50.

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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