Woodward Diversified Capital LLC Invests $397,000 in EMCOR Group, Inc. $EME

Key Points

• Woodward Diversified Capital LLC invested approximately $397,000 in EMCOR Group, acquiring 742 shares of the construction company.
• EMCOR Group reported strong earnings, with earnings per share of $6.72 for the last quarter, exceeding estimates by $1.04 and showing a 17.4% increase in revenue year-over-year.
• Institutional ownership is significant, with 92.59% of EMCOR's stock held by institutional investors and hedge funds, indicating strong market confidence.

Woodward Diversified Capital LLC acquired a new position in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 742 shares of the construction company's stock, valued at approximately $397,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Pacer Advisors Inc. lifted its position in EMCOR Group by 3,878.2% during the 1st quarter. Pacer Advisors Inc. now owns 534,585 shares of the construction company's stock worth $197,599,000 after acquiring an additional 521,147 shares during the period. New Vernon Capital Holdings II LLC acquired a new stake in shares of EMCOR Group during the first quarter worth about $114,220,000. Jones Financial Companies Lllp lifted its holdings in shares of EMCOR Group by 56,287.8% during the first quarter. Jones Financial Companies Lllp now owns 286,450 shares of the construction company's stock worth $105,881,000 after purchasing an additional 285,942 shares during the period. AQR Capital Management LLC lifted its holdings in shares of EMCOR Group by 43.6% during the first quarter. AQR Capital Management LLC now owns 703,456 shares of the construction company's stock worth $253,065,000 after purchasing an additional 213,631 shares during the period. Finally, Nuveen LLC acquired a new stake in EMCOR Group during the 1st quarter valued at approximately $71,821,000. 92.59% of the stock is currently owned by institutional investors and hedge funds.

EMCOR Group Trading Up 0.8%

Shares of EMCOR Group stock opened at $655.03 on Thursday. The firm has a 50-day simple moving average of $625.26 and a two-hundred day simple moving average of $513.13. The company has a market cap of $29.32 billion, a P/E ratio of 27.18 and a beta of 1.24. EMCOR Group, Inc. has a fifty-two week low of $320.89 and a fifty-two week high of $667.64. 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 (NYSE:EME - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The construction company reported $6.72 earnings per share for the quarter, topping 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 was up 17.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $5.25 earnings per share. EMCOR Group has set its FY 2025 guidance at 24.500-25.750 EPS. As a group, equities analysts predict that EMCOR Group, Inc. will post 20.74 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have commented on EME shares. William Blair started coverage on shares of EMCOR Group in a research note on Thursday, September 11th. They set an "outperform" rating for the company. Zacks Research upgraded shares of EMCOR Group from a "hold" rating to a "strong-buy" rating in a research report on Friday, September 12th. Wall Street Zen upgraded shares of EMCOR Group from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 2nd. TD Securities assumed coverage on EMCOR Group in a report on Friday, June 27th. They issued a "buy" rating for the company. Finally, UBS Group set a $750.00 price objective on EMCOR Group and gave the company a "buy" rating in a report on Tuesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, EMCOR Group has a consensus rating of "Moderate Buy" and an average target price 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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