EMCOR Group, Inc. $EME Stock Position Cut by Systematic Financial Management LP

Key Points

• Systematic Financial Management LP reduced its holdings in EMCOR Group by 1.1%, now owning 155,467 shares, making it the firm's 4th largest investment.
• EMCOR Group reported $6.72 EPS for the quarter, exceeding analysts' estimates of $5.68, with revenue increasing 17.4% year-over-year.
• The company announced a quarterly dividend of $0.25 per share, resulting in an annualized total of $1.00 and a dividend yield of 0.2%.

Systematic Financial Management LP decreased its holdings in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) by 1.1% during the first quarter, according to its most recent filing with the SEC. The firm owned 155,467 shares of the construction company's stock after selling 1,752 shares during the period. EMCOR Group accounts for about 1.6% of Systematic Financial Management LP's portfolio, making the stock its 4th largest position. Systematic Financial Management LP owned 0.35% of EMCOR Group worth $57,465,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in EME. True Wealth Design LLC lifted its position in EMCOR Group by 24.3% during the fourth quarter. True Wealth Design LLC now owns 133 shares of the construction company's stock valued at $60,000 after purchasing an additional 26 shares during the period. GeoWealth Management LLC raised its stake in shares of EMCOR Group by 12.4% during the 4th quarter. GeoWealth Management LLC now owns 253 shares of the construction company's stock valued at $115,000 after buying an additional 28 shares during the last quarter. Continuum Advisory LLC raised its stake in shares of EMCOR Group by 53.7% during the 4th quarter. Continuum Advisory LLC now owns 83 shares of the construction company's stock valued at $38,000 after buying an additional 29 shares during the last quarter. Alps Advisors Inc. lifted its holdings in shares of EMCOR Group by 3.4% in the 1st quarter. Alps Advisors Inc. now owns 908 shares of the construction company's stock valued at $336,000 after buying an additional 30 shares during the period. Finally, Allworth Financial LP boosted its stake in shares of EMCOR Group by 17.9% in the first quarter. Allworth Financial LP now owns 217 shares of the construction company's stock worth $87,000 after buying an additional 33 shares during the last quarter. Hedge funds and other institutional investors own 92.59% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on EME. Stifel Nicolaus lifted their price target on EMCOR Group from $503.00 to $597.00 and gave the company a "buy" rating in a research report on Friday, July 11th. William Blair assumed coverage on shares of EMCOR Group in a report on Friday, June 27th. They set an "outperform" rating for the company. TD Securities assumed coverage on shares of EMCOR Group in a report on Friday, June 27th. They set a "buy" rating on the stock. UBS Group set a $750.00 price target on shares of EMCOR Group and gave the company a "buy" rating in a research report on Tuesday, August 5th. Finally, DA Davidson lifted their price objective 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. One analyst has 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 currently has a consensus rating of "Moderate Buy" and an average price target of $594.50.

EMCOR Group Price Performance

NYSE EME traded up $9.24 during trading hours on Tuesday, hitting $618.40. 422,903 shares of the company's stock traded hands, compared to its average volume of 340,469. 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's 50-day moving average is $575.13 and its 200-day moving average is $473.09. EMCOR Group, Inc. has a 52-week low of $320.89 and a 52-week high of $667.64. The company has a market capitalization of $27.68 billion, a PE ratio of 25.66 and a beta of 1.27.

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

EMCOR Group Dividend Announcement

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. 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.