EMCOR Group (EME) News Today

EMCOR Group (NYSE:EME - Get Free Report) issued its earnings results on Thursday. The construction company reported $5.25 earnings per share for the quarter, topping the consensus estimate of $3.50 by $1.75. The company had revenue of $3.67 billion during the quarter, compared to the consensus estimate of $3.52 billion. EMCOR Group had a net margin of 5.48% and a return on equity of 30.38%. EMCOR Group's quarterly revenue was up 20.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.95 EPS.

Advisors Asset Management Inc. boosted its holdings in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) by 13.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,369 shares of the construction company's s

DA Davidson lifted their price objective on EMCOR Group from $410.00 to $430.00 and gave the company a "buy" rating in a research report on Friday.

Pitcairn Co. purchased a new stake in EMCOR Group, Inc. (NYSE:EME - Free Report) during the first quarter, according to its most recent filing with the SEC. The firm purchased 2,253 shares of the construction company's stock, valued at approximately $789,000. A number of other institutional investo

EMCOR Group (NYSE:EME) Shares Gap Up to $356.73

EMCOR Group (NYSE:EME) updated its FY 2024 earnings guidance. The company provided EPS guidance of 19.000-20.000 for the period, compared to the consensus estimate of 16.250. The company also issued revenue guidance of $14.5 billionillion-$15.0 billionillion, compared to the consensus estimate of $14.3 billionillion.

Vanguard Group Inc. decreased its stake in EMCOR Group, Inc. (NYSE:EME - Free Report) by 0.3% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,877,710 shares of the construction company's stock after selling 16,154 sha

Acadian Asset Management LLC boosted its holdings in EMCOR Group, Inc. (NYSE:EME - Free Report) by 55.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 391,469 shares of the constructio

Twin Tree Management LP grew its holdings in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) by 16,955.6% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,885 shares of the construction company's stock after buying an addition

BNP PARIBAS ASSET MANAGEMENT Holding S.A. cut its holdings in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) by 10.1% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 49,890 shares of the construction company's stock after se

EMCOR Group, Inc. (NYSE:EME - Free Report) - Research analysts at KeyCorp issued their Q3 2024 EPS estimates for shares of EMCOR Group in a report released on Tuesday, July 16th. KeyCorp analyst S. Jain anticipates that the construction company will post earnings of $4.12 per share for the quarte

EMCOR Group (NYSE:EME) will be releasing earnings before the market opens on Thursday, July 25, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=607912)

US Bancorp DE reduced its holdings in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) by 8.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,022 shares of the construction company's stock after selling 1,719 sha

Russell Investments Group Ltd. increased its position in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) by 18.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 82,491 shares of the

Montag A & Associates Inc. bought a new stake in EMCOR Group, Inc. (NYSE:EME - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,060 shares of the construction company's stock, valued at approximately $1,772,0

Illinois Municipal Retirement Fund decreased its holdings in EMCOR Group, Inc. (NYSE:EME - Free Report) by 24.1% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,097 shares of the construction company's

TimesSquare Capital Management LLC cut its stake in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) by 24.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 321,465 shares of the construction company's stock after sellin

Duality Advisers LP lessened its holdings in EMCOR Group, Inc. (NYSE:EME - Free Report) by 74.6% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,513 shares of the construction company's stock after selling 10,312 shares during the qua

Nordea Investment Management AB lessened its holdings in EMCOR Group, Inc. (NYSE:EME - Free Report) by 9.7% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 91,427 shares of the construction company's stock after selling 9,793

BNP Paribas Financial Markets grew its holdings in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) by 92.8% in the first quarter, according to its most recent filing with the SEC. The firm owned 102,516 shares of the construction company's stock after acquiring an additional 49,346 shares duri

Capstone Investment Advisors LLC raised its stake in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) by 238.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,612 shares of the construction compa

Leeward Investments LLC MA lowered its stake in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) by 26.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,277 shares of the construction compa

EMCOR Group, Inc. (NYSE:EME) declared a quarterly dividend on Wednesday, July 3rd. Shareholders of record on Monday, July 15th will be given a dividend of 0.25 per share by the construction company on Tuesday, July 30th. This represents a $1.00 annualized dividend and a dividend yield of 0.27%. The ex-dividend date of this dividend is Monday, July 15th.

Oak Thistle LLC decreased its holdings in EMCOR Group, Inc. (NYSE:EME - Free Report) by 88.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,054 shares of the construction company's stock after selling 8,121 shares during the quarter.

Wealth Enhancement Advisory Services LLC boosted its stake in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) by 89.9% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 21,688 shares of the construction company's stock after acquiring an additional 10,2

EMCOR Group, Inc. (NYSE:EME - Get Free Report) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 817,200 shares, a growth of 50.1% from the May 31st total of 544,400 shares. Based on an average trading volume of 500,700 shares, the days-to-cover ratio is presently 1.6 days. Approximately 1.8% of the shares of the company are short sold.

Hennessy Advisors Inc. boosted its stake in EMCOR Group, Inc. (NYSE:EME - Free Report) by 18.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 143,100 shares of the construction company's stock after purchasin

Congress Asset Management Co. MA decreased its stake in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) by 11.4% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 553,349 shares of the construction company's stock after selling 71,110 sha

EMCOR Group (NYSE:EME) Stock Price Down 3.8%

Vanguard Group Inc. reduced its position in EMCOR Group, Inc. (NYSE:EME - Free Report) by 0.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,893,864 shares of the construction company's stock after selling 6,657 shares during th

Goldman Sachs Group Inc. lowered its position in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) by 22.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 226,965 shares of the construction company's stock after selling 67,197 shares du

EMCOR Group, Inc. (NYSE:EME - Get Free Report) saw a large decline in short interest in the month of May. As of May 31st, there was short interest totalling 544,400 shares, a decline of 8.7% from the May 15th total of 596,400 shares. Approximately 1.2% of the shares of the company are sold short. Based on an average daily volume of 503,700 shares, the short-interest ratio is currently 1.1 days.

Los Angeles Capital Management LLC cut its position in EMCOR Group, Inc. (NYSE:EME - Free Report) by 7.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 333,718 shares of the construction company's stock after selling 25,096 shares during the per