Level Four Advisory Services LLC Reduces Stock Holdings in EMCOR Group, Inc. $EME

Level Four Advisory Services LLC lowered its holdings in EMCOR Group, Inc. (NYSE:EME) by 29.3% during the second quarter, Holdings Channel reports. The fund owned 2,634 shares of the construction company’s stock after selling 1,091 shares during the quarter. Level Four Advisory Services LLC’s holdings in EMCOR Group were worth $1,409,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in EME. New Vernon Capital Holdings II LLC purchased a new stake in EMCOR Group in the first quarter valued at $114,220,000. Jones Financial Companies Lllp raised its stake in shares of EMCOR Group by 56,287.8% during the 1st quarter. Jones Financial Companies Lllp now owns 286,450 shares of the construction company’s stock valued at $105,881,000 after buying an additional 285,942 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of 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 during the period. Nuveen LLC purchased a new position in EMCOR Group during the first quarter valued at approximately $71,821,000. Finally, Nordea Investment Management AB lifted its holdings in EMCOR Group by 63.8% in the second quarter. Nordea Investment Management AB now owns 395,110 shares of the construction company’s stock valued at $210,278,000 after acquiring an additional 153,948 shares during the period. Hedge funds and other institutional investors own 92.59% of the company’s stock.

Insider Activity at EMCOR Group

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

EMCOR Group Stock Up 0.7%

EME opened at $614.74 on Friday. EMCOR Group, Inc. has a twelve month low of $320.89 and a twelve month high of $778.64. The company has a quick ratio of 1.15, a current ratio of 1.18 and a debt-to-equity ratio of 0.08. The company has a 50-day moving average price of $657.91 and a 200 day moving average price of $592.75. The company has a market cap of $27.52 billion, a PE ratio of 25.51 and a beta of 1.25.

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 the consensus estimate of $6.57. EMCOR Group had a return on equity of 38.01% and a net margin of 7.07%.The company had revenue of $4.30 billion for the quarter, compared to analysts’ expectations of $4.27 billion. During the same period in the previous year, the firm posted $5.80 EPS. EMCOR Group’s revenue was up 16.4% compared to the same quarter last year. EMCOR Group has set its FY 2025 guidance at 25.000-25.75 EPS. Sell-side analysts expect that EMCOR Group, Inc. will post 20.74 earnings per share for the current fiscal year.

EMCOR Group Dividend Announcement

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

Analyst Ratings Changes

A number of brokerages have recently commented on EME. William Blair initiated coverage on shares of EMCOR Group in a research note on Thursday, September 11th. They set an “outperform” rating on the stock. Robert W. Baird set a $713.00 price target on shares of EMCOR Group in a report on Friday, October 31st. Northcoast Research lowered shares of EMCOR Group from a “buy” rating to a “neutral” rating and set a $500.00 price target on the stock. in a research report on Thursday, August 7th. UBS Group set a $750.00 price objective on shares of EMCOR Group and gave the company a “buy” rating in a report on Tuesday, August 5th. Finally, The Goldman Sachs Group raised shares of EMCOR Group from a “sell” rating to a “neutral” rating and increased their target price for the stock from $495.00 to $676.00 in a research note on Tuesday, October 7th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $692.83.

EMCOR Group Company 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.