Sivia Capital Partners LLC Purchases New Shares in EMCOR Group, Inc. $EME

Key Points

• Sivia Capital Partners LLC has acquired a new stake in EMCOR Group, Inc., purchasing 859 shares worth approximately $459,000 during the second quarter.
• EMCOR Group reported earnings of $6.72 per share, significantly surpassing analyst expectations of $5.68, coupled with a 17.4% increase in revenue year-over-year to $4.30 billion.
• The company declared a quarterly dividend of $0.25, totaling an annualized dividend of $1.00 with a yield of 0.2%.

Sivia Capital Partners LLC purchased a new stake in EMCOR Group, Inc. (NYSE:EME - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 859 shares of the construction company's stock, valued at approximately $459,000.

Several other institutional investors and hedge funds have also modified their holdings of EME. Janus Henderson Group PLC grew its stake in shares of EMCOR Group by 13.6% in the fourth quarter. Janus Henderson Group PLC now owns 3,819 shares of the construction company's stock valued at $1,734,000 after acquiring an additional 456 shares in the last quarter. ProShare Advisors LLC lifted its position in EMCOR Group by 5.8% during the fourth quarter. ProShare Advisors LLC now owns 2,152 shares of the construction company's stock worth $977,000 after purchasing an additional 118 shares during the period. Point72 Asset Management L.P. bought a new stake in EMCOR Group during the fourth quarter worth about $1,647,000. Toronto Dominion Bank lifted its position in EMCOR Group by 198.3% during the fourth quarter. Toronto Dominion Bank now owns 17,874 shares of the construction company's stock worth $8,113,000 after purchasing an additional 11,882 shares during the period. Finally, State of Wyoming bought a new stake in EMCOR Group during the fourth quarter worth about $180,000. 92.59% of the stock is currently owned by institutional investors and hedge funds.

EMCOR Group Stock Performance

NYSE:EME opened at $617.53 on Thursday. The company has a market capitalization of $27.64 billion, a PE ratio of 25.62 and a beta of 1.28. The company has a 50 day simple moving average of $608.87 and a two-hundred day simple moving average of $495.23. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.15 and a current ratio of 1.18. EMCOR Group, Inc. has a fifty-two week low of $320.89 and a fifty-two week high of $667.64.

EMCOR Group (NYSE:EME - Get Free Report) last released 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. The business had revenue of $4.30 billion during the quarter, compared to the consensus estimate of $4.10 billion. EMCOR Group had a net margin of 7.07% and a return on equity of 38.01%. The company's revenue for the quarter was up 17.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $5.25 EPS. EMCOR Group has set its FY 2025 guidance at 24.500-25.750 EPS. Research analysts anticipate that EMCOR Group, Inc. will post 20.74 earnings per share for the current year.

EMCOR Group Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. UBS Group set a $750.00 price objective on shares of EMCOR Group and gave the stock a "buy" rating in a research report on Tuesday, August 5th. Northcoast Research cut shares of EMCOR Group from a "buy" rating to a "neutral" rating and set a $500.00 price objective for the company. in a research report on Thursday, August 7th. Stifel Nicolaus upped 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. TD Securities started coverage on shares of EMCOR Group in a research report on Friday, June 27th. They set a "buy" rating for the company. Finally, Wall Street Zen raised shares of EMCOR Group from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 2nd. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price 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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