129 Shares in EMCOR Group, Inc. $EME Acquired by Roble Belko & Company Inc

Roble Belko & Company Inc purchased a new stake in EMCOR Group, Inc. (NYSE:EME) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 129 shares of the construction company’s stock, valued at approximately $69,000.

Several other hedge funds have also made changes to their positions in EME. Private Trust Co. NA lifted its position in shares of EMCOR Group by 28.6% in the 1st quarter. Private Trust Co. NA now owns 279 shares of the construction company’s stock valued at $103,000 after acquiring an additional 62 shares in the last quarter. Resonant Capital Advisors LLC lifted its position in shares of EMCOR Group by 5.8% in the 1st quarter. Resonant Capital Advisors LLC now owns 1,032 shares of the construction company’s stock valued at $381,000 after acquiring an additional 57 shares in the last quarter. Meritage Portfolio Management lifted its position in shares of EMCOR Group by 6.0% in the 1st quarter. Meritage Portfolio Management now owns 6,917 shares of the construction company’s stock valued at $2,557,000 after acquiring an additional 391 shares in the last quarter. Mutual Advisors LLC lifted its position in shares of EMCOR Group by 21.8% in the 1st quarter. Mutual Advisors LLC now owns 1,107 shares of the construction company’s stock valued at $454,000 after acquiring an additional 198 shares in the last quarter. Finally, Silver Oak Securities Incorporated purchased a new stake in shares of EMCOR Group in the 1st quarter valued at approximately $878,000. Hedge funds and other institutional investors own 92.59% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. William Blair assumed coverage on shares of EMCOR Group in a research report on Thursday, September 11th. They issued an “outperform” rating for the company. DA Davidson upped their price objective on shares of EMCOR Group from $725.00 to $800.00 and gave the company a “buy” rating in a research note on Friday. UBS Group set a $750.00 price objective on shares of EMCOR Group and gave the company a “buy” rating in a research note on Tuesday, August 5th. Northcoast Research lowered shares of EMCOR Group from a “buy” rating to a “neutral” rating and set a $500.00 price objective on the stock. in a research note on Thursday, August 7th. Finally, The Goldman Sachs Group upgraded shares of EMCOR Group from a “sell” rating to a “neutral” rating and upped their price objective for the company from $495.00 to $676.00 in a research note on Tuesday, October 7th. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $692.83.

EMCOR Group Stock Performance

Shares of EME opened at $675.81 on Friday. The company’s fifty day moving average is $657.65 and its 200-day moving average is $561.64. EMCOR Group, Inc. has a 12 month low of $320.89 and a 12 month high of $778.64. The firm has a market cap of $30.25 billion, a price-to-earnings ratio of 28.04 and a beta of 1.24. The company has a quick ratio of 1.15, a current ratio of 1.18 and a debt-to-equity ratio of 0.08.

EMCOR Group (NYSE:EME) last announced its quarterly earnings results on Thursday, October 30th. The construction company reported $6.57 EPS for the quarter, hitting the consensus estimate of $6.57. EMCOR Group had a net margin of 7.07% and a return on equity of 38.01%. The company had revenue of $4.30 billion for the quarter, compared to analyst estimates of $4.27 billion. During the same quarter in the prior year, the business posted $5.80 EPS. EMCOR Group’s quarterly revenue was up 16.4% on a year-over-year basis. EMCOR Group has set its FY 2025 guidance at 25.000-25.75 EPS. Equities analysts expect that EMCOR Group, Inc. will post 20.74 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 30th. Stockholders of record on Wednesday, October 15th were paid a dividend of $0.25 per share. The ex-dividend date was Wednesday, October 15th. This represents a $1.00 annualized dividend and a dividend yield of 0.1%. EMCOR Group’s dividend payout ratio is 4.15%.

About EMCOR Group

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.