Integrated Quantitative Investments LLC Buys Shares of 2,024 EMCOR Group, Inc. $EME

Integrated Quantitative Investments LLC bought a new position in shares of EMCOR Group, Inc. (NYSE:EME) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,024 shares of the construction company’s stock, valued at approximately $1,083,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Western Wealth Management LLC acquired a new stake in shares of EMCOR Group in the 2nd quarter valued at approximately $1,265,000. Waratah Capital Advisors Ltd. acquired a new position in EMCOR Group during the second quarter valued at approximately $3,890,000. Citizens Financial Group Inc. RI bought a new stake in EMCOR Group in the second quarter valued at approximately $259,000. Cetera Investment Advisers increased its stake in EMCOR Group by 18.3% in the second quarter. Cetera Investment Advisers now owns 32,366 shares of the construction company’s stock valued at $17,312,000 after purchasing an additional 4,997 shares in the last quarter. Finally, Pinnbrook Capital Management LP acquired a new stake in EMCOR Group in the second quarter worth $1,510,000. 92.59% of the stock is owned by institutional investors.

EMCOR Group Stock Performance

EME opened at $619.91 on Friday. The company has a market capitalization of $27.75 billion, a price-to-earnings ratio of 25.72 and a beta of 1.25. The business’s 50-day moving average price is $662.62 and its two-hundred day moving average price is $580.96. EMCOR Group, Inc. has a 1 year low of $320.89 and a 1 year high of $778.64. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.18 and a quick ratio of 1.15.

EMCOR Group (NYSE:EME) last posted its quarterly earnings data on Thursday, October 30th. The construction company reported $6.57 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $6.57. 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 $4.27 billion. During the same period last year, the company earned $5.80 earnings per share. 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 Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 30th. Stockholders of record on Wednesday, October 15th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Wednesday, October 15th. EMCOR Group’s payout ratio is currently 4.02%.

Insider Buying and Selling

In related news, Director Robin A. Walker-Lee sold 1,325 shares of the firm’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $677.22, for a total value of $897,316.50. Following the completion of the transaction, the director owned 6,140 shares of the company’s stock, valued at approximately $4,158,130.80. This trade represents a 17.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.83% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on EME. Zacks Research raised shares of EMCOR Group from a “hold” rating to a “strong-buy” rating in a report on Friday, September 12th. Wall Street Zen lowered EMCOR Group from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 8th. Northcoast Research cut EMCOR Group from a “buy” rating to a “neutral” rating and set a $500.00 target price for the company. in a research note on Thursday, August 7th. William Blair began coverage on EMCOR Group in a report on Thursday, September 11th. They issued an “outperform” rating for the company. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a report on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, EMCOR Group presently has an average rating of “Moderate Buy” and a consensus price target of $692.83.

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.