Willner & Heller LLC Invests $243,000 in EMCOR Group, Inc. $EME

Key Points

• Willner & Heller LLC has invested approximately $243,000 to acquire 454 shares in EMCOR Group, Inc., indicating growing interest from institutional investors.
• EMCOR Group reported a strong quarterly earnings performance with $6.72 earnings per share, exceeding analysts' expectations of $5.68, alongside a revenue increase of 17.4% year-over-year.
• The construction company declared a quarterly dividend of $0.25 per share, reflecting a 0.2% yield as part of its ongoing financial strategy.

Willner & Heller LLC purchased a new position in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 454 shares of the construction company's stock, valued at approximately $243,000.

Several other institutional investors have also modified their holdings of the company. AQR Capital Management LLC grew its position in EMCOR Group by 43.6% in the 1st quarter. AQR Capital Management LLC now owns 703,456 shares of the construction company's stock valued at $253,065,000 after buying an additional 213,631 shares in the last quarter. Northern Trust Corp grew its position in EMCOR Group by 3.7% in the 1st quarter. Northern Trust Corp now owns 571,487 shares of the construction company's stock valued at $211,239,000 after buying an additional 20,604 shares in the last quarter. Pacer Advisors Inc. grew its position in EMCOR Group by 3,878.2% in the 1st quarter. Pacer Advisors Inc. now owns 534,585 shares of the construction company's stock valued at $197,599,000 after buying an additional 521,147 shares in the last quarter. Burgundy Asset Management Ltd. grew its position in EMCOR Group by 6.9% in the 1st quarter. Burgundy Asset Management Ltd. now owns 515,522 shares of the construction company's stock valued at $190,552,000 after buying an additional 33,069 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its position in EMCOR Group by 6.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 457,661 shares of the construction company's stock valued at $171,852,000 after buying an additional 28,038 shares in the last quarter. Institutional investors own 92.59% of the company's stock.

EMCOR Group Price Performance

NYSE EME opened at $654.76 on Friday. The company has a 50 day simple moving average of $627.32 and a 200-day simple moving average of $516.82. 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 has a market capitalization of $29.31 billion, a price-to-earnings ratio of 27.17 and a beta of 1.24. EMCOR Group, Inc. has a 52-week low of $320.89 and a 52-week high of $667.64.

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

EMCOR Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 30th. Shareholders of record on Wednesday, October 15th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.2%. The ex-dividend date is Wednesday, October 15th. EMCOR Group's dividend payout ratio (DPR) is 4.15%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on EME shares. Robert W. Baird started coverage on shares of EMCOR Group in a research report on Friday, June 27th. They issued an "outperform" rating and a $560.00 target price for the company. Hovde Group raised shares of EMCOR Group to a "hold" rating in a report on Friday, June 27th. DA Davidson upped their price target 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. Baird R W raised shares of EMCOR Group to a "strong-buy" rating in a report on Friday, June 27th. Finally, William Blair assumed coverage on shares of EMCOR Group in a report on Thursday, September 11th. They issued an "outperform" rating for the company. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $594.50.

EMCOR Group 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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