Campbell & CO Investment Adviser LLC Has $364,000 Stock Position in EMCOR Group, Inc. $EME

Campbell & CO Investment Adviser LLC reduced its position in EMCOR Group, Inc. (NYSE:EME) by 26.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 681 shares of the construction company’s stock after selling 245 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in EMCOR Group were worth $364,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EME. AQR Capital Management LLC increased 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 purchasing an additional 213,631 shares during the period. Northern Trust Corp raised its holdings in shares of EMCOR Group by 3.7% during the 1st quarter. Northern Trust Corp now owns 571,487 shares of the construction company’s stock valued at $211,239,000 after purchasing an additional 20,604 shares in the last quarter. Pacer Advisors Inc. lifted its stake in shares of EMCOR Group by 3,878.2% in the 1st quarter. Pacer Advisors Inc. now owns 534,585 shares of the construction company’s stock valued at $197,599,000 after purchasing an additional 521,147 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in shares of EMCOR Group by 13.3% in the second quarter. Allspring Global Investments Holdings LLC now owns 518,354 shares of the construction company’s stock worth $275,184,000 after buying an additional 60,693 shares during the last quarter. Finally, Burgundy Asset Management Ltd. raised its stake in shares of EMCOR Group by 6.9% in the 1st quarter. Burgundy Asset Management Ltd. now owns 515,522 shares of the construction company’s stock valued at $190,552,000 after acquiring an additional 33,069 shares in the last quarter. 92.59% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at EMCOR Group

In other news, Director Robin A. Walker-Lee sold 1,325 shares of the business’s stock in a transaction dated 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 sale, the director owned 6,140 shares of the company’s stock, valued at approximately $4,158,130.80. The trade was a 17.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.83% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on EME shares. Wall Street Zen lowered EMCOR Group from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 8th. DA Davidson boosted their price objective on EMCOR Group from $725.00 to $800.00 and gave the company a “buy” rating in a research report on Friday, October 31st. William Blair began coverage on EMCOR Group in a research note on Thursday, September 11th. They issued an “outperform” rating on the stock. Stifel Nicolaus upped their price objective on EMCOR Group from $692.00 to $718.00 and gave the stock a “buy” rating in a report on Monday, October 13th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research note on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, EMCOR Group currently has an average rating of “Moderate Buy” and a consensus target price of $692.83.

EMCOR Group Stock Performance

NYSE EME opened at $619.91 on Monday. The stock has a market cap of $27.75 billion, a PE ratio of 25.72 and a beta of 1.25. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.15 and a current ratio of 1.18. The firm has a 50-day moving average of $662.62 and a 200-day moving average of $582.23. EMCOR Group, Inc. has a 52-week low of $320.89 and a 52-week high of $778.64.

EMCOR Group (NYSE:EME) last released its quarterly earnings results on Thursday, October 30th. The construction company reported $6.57 earnings per share for the quarter, meeting the consensus estimate of $6.57. EMCOR Group had a net margin of 7.07% and a return on equity of 38.01%. The firm had revenue of $4.30 billion for the quarter, compared to analysts’ expectations of $4.27 billion. During the same period in the prior year, the firm earned $5.80 EPS. The business’s 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. On average, sell-side analysts anticipate that EMCOR Group, Inc. will post 20.74 EPS for the current year.

EMCOR Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 30th. Shareholders of record on Wednesday, October 15th were given a dividend of $0.25 per share. The ex-dividend date was Wednesday, October 15th. This represents a $1.00 annualized dividend and a yield of 0.2%. EMCOR Group’s dividend payout ratio (DPR) is presently 4.02%.

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.