Warren Street Wealth Advisors LLC Acquires New Stake in EMCOR Group, Inc. $EME

Key Points

• Warren Street Wealth Advisors LLC has acquired a new stake in EMCOR Group, Inc., purchasing 514 shares valued at approximately $275,000 during the second quarter.
• Multiple institutional investors have increased their holdings in EMCOR Group, with **hedge funds owning 92.59%** of the company's stock.
• EMCOR Group reported a strong earnings performance for the quarter with an EPS of $6.72, exceeding analysts' expectations and setting FY 2025 guidance at 24.500-25.750 EPS.

Warren Street Wealth Advisors LLC acquired a new stake in EMCOR Group, Inc. (NYSE:EME - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 514 shares of the construction company's stock, valued at approximately $275,000.

Several other institutional investors and hedge funds have also recently modified their holdings of EME. McLean Asset Management Corp boosted its position in shares of EMCOR Group by 2.8% in the 2nd quarter. McLean Asset Management Corp now owns 700 shares of the construction company's stock valued at $379,000 after purchasing an additional 19 shares during the period. Park Place Capital Corp boosted its position in shares of EMCOR Group by 6.9% in the 2nd quarter. Park Place Capital Corp now owns 308 shares of the construction company's stock valued at $164,000 after purchasing an additional 20 shares during the period. NBC Securities Inc. boosted its position in shares of EMCOR Group by 0.7% in the 2nd quarter. NBC Securities Inc. now owns 3,170 shares of the construction company's stock valued at $1,695,000 after purchasing an additional 23 shares during the period. Institute for Wealth Management LLC. boosted its position in shares of EMCOR Group by 2.2% in the 2nd quarter. Institute for Wealth Management LLC. now owns 1,051 shares of the construction company's stock valued at $562,000 after purchasing an additional 23 shares during the period. Finally, McGlone Suttner Wealth Management Inc. boosted its position in shares of EMCOR Group by 1.9% in the 2nd quarter. McGlone Suttner Wealth Management Inc. now owns 1,518 shares of the construction company's stock valued at $812,000 after purchasing an additional 29 shares during the period. Hedge funds and other institutional investors own 92.59% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on EME. Jefferies Financial Group started coverage on EMCOR Group in a research report on Friday, June 27th. They issued a "buy" rating for the company. Northcoast Research downgraded EMCOR Group from a "buy" rating to a "neutral" rating and set a $500.00 price objective for the company. in a research note on Thursday, August 7th. The Goldman Sachs Group upped their price objective on EMCOR Group from $384.00 to $435.00 and gave the company a "sell" rating in a research note on Tuesday, July 8th. TD Securities started coverage on EMCOR Group in a research note on Friday, June 27th. They set a "buy" rating for the company. Finally, Hovde Group raised EMCOR Group to a "hold" rating in a research note on Friday, June 27th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $594.50.

EMCOR Group Stock Performance

Shares of EME stock opened at $655.03 on Thursday. The company has a market cap of $29.32 billion, a price-to-earnings ratio of 27.18 and a beta of 1.24. The stock has a 50 day simple moving average of $625.26 and a 200-day simple moving average of $513.13. EMCOR Group, Inc. has a 12-month low of $320.89 and a 12-month high of $667.64. The company has a current ratio of 1.18, a quick ratio of 1.15 and a debt-to-equity ratio of 0.08.

EMCOR Group (NYSE:EME - Get Free Report) last issued its earnings results on Thursday, July 31st. The construction company reported $6.72 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.68 by $1.04. EMCOR Group had a return on equity of 38.01% and a net margin of 7.07%.The business had revenue of $4.30 billion during the quarter, compared to the consensus estimate of $4.10 billion. During the same period in the prior year, the business posted $5.25 EPS. The company's revenue for the quarter was up 17.4% on a year-over-year basis. EMCOR Group has set its FY 2025 guidance at 24.500-25.750 EPS. On average, equities analysts forecast that EMCOR Group, Inc. will post 20.74 EPS for the current year.

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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