Capital Fund Management S.A. Boosts Holdings in EMCOR Group, Inc. $EME

Capital Fund Management S.A. lifted its position in shares of EMCOR Group, Inc. (NYSE:EME) by 17.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,710 shares of the construction company’s stock after purchasing an additional 5,658 shares during the period. Capital Fund Management S.A. owned about 0.09% of EMCOR Group worth $20,706,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Groupe la Francaise lifted its holdings in EMCOR Group by 79.2% in the 1st quarter. Groupe la Francaise now owns 86 shares of the construction company’s stock worth $33,000 after buying an additional 38 shares in the last quarter. Pandora Wealth Inc. purchased a new stake in shares of EMCOR Group during the first quarter worth about $37,000. Tobam lifted its stake in shares of EMCOR Group by 1,900.0% in the second quarter. Tobam now owns 80 shares of the construction company’s stock worth $43,000 after acquiring an additional 76 shares in the last quarter. Harbor Investment Advisory LLC boosted its holdings in EMCOR Group by 110.0% in the second quarter. Harbor Investment Advisory LLC now owns 105 shares of the construction company’s stock valued at $56,000 after purchasing an additional 55 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. boosted its holdings in EMCOR Group by 37.5% in the second quarter. Hazlett Burt & Watson Inc. now owns 110 shares of the construction company’s stock valued at $59,000 after purchasing an additional 30 shares during the last quarter. 92.59% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Zacks Research downgraded EMCOR Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 19th. Northcoast Research cut shares of EMCOR Group from a “buy” rating to a “neutral” rating and set a $500.00 price target on the stock. in a report on Thursday, August 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of EMCOR Group in a research note on Wednesday, October 8th. DA Davidson boosted their target price on shares of EMCOR Group from $725.00 to $800.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Finally, William Blair began coverage on shares of EMCOR Group in a research note on Thursday, September 11th. They issued an “outperform” rating on the stock. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, EMCOR Group presently has a consensus rating of “Moderate Buy” and an average target price of $692.83.

Insider Transactions at EMCOR Group

In other EMCOR Group news, Director Robin A. Walker-Lee sold 1,325 shares of the firm’s 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 sale, the director directly owned 6,140 shares in the company, 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 filing with the SEC, which can be accessed through this link. Insiders own 0.83% of the company’s stock.

EMCOR Group Price Performance

Shares of NYSE:EME opened at $614.74 on Friday. The company has a market cap of $27.52 billion, a PE ratio of 25.51 and a beta of 1.25. EMCOR Group, Inc. has a fifty-two week low of $320.89 and a fifty-two week high of $778.64. The firm has a 50-day simple moving average of $657.91 and a 200 day simple moving average of $591.91. 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 issued its earnings results on Thursday, October 30th. The construction company reported $6.57 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $6.57. The firm had revenue of $4.30 billion for the quarter, compared to analysts’ expectations of $4.27 billion. EMCOR Group had a net margin of 7.07% and a return on equity of 38.01%. EMCOR Group’s revenue was up 16.4% on a year-over-year basis. During the same quarter last year, the company posted $5.80 earnings per share. 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 business also recently announced a quarterly dividend, which was paid on Thursday, October 30th. Shareholders of record on Wednesday, October 15th were given a $0.25 dividend. The ex-dividend date of this dividend 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 currently 4.02%.

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.