DSG Capital Advisors LLC Buys Shares of 1,363 EMCOR Group, Inc. $EME

DSG Capital Advisors LLC purchased a new position in EMCOR Group, Inc. (NYSE:EME) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,363 shares of the construction company’s stock, valued at approximately $885,000.

A number of other institutional investors also recently modified their holdings of the company. Great Lakes Advisors LLC lifted its holdings in EMCOR Group by 32.3% in the first quarter. Great Lakes Advisors LLC now owns 590 shares of the construction company’s stock valued at $218,000 after buying an additional 144 shares during the period. Geneos Wealth Management Inc. raised its position in shares of EMCOR Group by 93.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 220 shares of the construction company’s stock worth $81,000 after acquiring an additional 106 shares in the last quarter. Sivia Capital Partners LLC acquired a new position in shares of EMCOR Group in the 2nd quarter valued at about $459,000. Independence Bank of Kentucky boosted its position in shares of EMCOR Group by 12.9% during the 2nd quarter. Independence Bank of Kentucky now owns 349 shares of the construction company’s stock valued at $187,000 after purchasing an additional 40 shares in the last quarter. Finally, Moss Adams Wealth Advisors LLC acquired a new stake in EMCOR Group during the second quarter worth approximately $273,000. 92.59% of the stock is owned by institutional investors.

Insider Transactions at EMCOR Group

In other EMCOR Group news, Director Robin A. Walker-Lee sold 1,325 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $677.22, for a total transaction of $897,316.50. Following the completion of the sale, the director directly 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 position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.26% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on EME. Stifel Nicolaus boosted their price target on EMCOR Group from $713.00 to $754.00 and gave the company a “buy” rating in a research note on Monday. Wall Street Zen lowered shares of EMCOR Group from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 8th. Weiss Ratings reissued a “buy (b)” rating on shares of EMCOR Group in a research note on Wednesday, January 21st. The Goldman Sachs Group upgraded shares of EMCOR Group from a “sell” rating to a “neutral” rating and raised their price target for the stock from $495.00 to $676.00 in a report on Tuesday, October 7th. Finally, Zacks Research lowered shares of EMCOR Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 19th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $698.83.

EMCOR Group Trading Up 1.3%

NYSE EME opened at $716.02 on Wednesday. The company has a market cap of $32.06 billion, a P/E ratio of 28.79 and a beta of 1.17. The company has a fifty day simple moving average of $637.32 and a 200 day simple moving average of $637.67. EMCOR Group, Inc. has a 12-month low of $320.89 and a 12-month high of $778.64.

EMCOR Group (NYSE:EME) last released its quarterly earnings data on Thursday, October 30th. The construction company reported $6.57 earnings per share for the quarter, hitting the consensus estimate of $6.57. The firm had revenue of $4.30 billion for the quarter, compared to the consensus estimate of $4.27 billion. EMCOR Group had a net margin of 6.96% and a return on equity of 37.04%. The business’s revenue was up 16.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $5.80 earnings per share. EMCOR Group has set its FY 2025 guidance at 25.000-25.75 EPS. Sell-side analysts predict that EMCOR Group, Inc. will post 20.74 EPS for the current year.

EMCOR Group declared that its Board of Directors has initiated a stock buyback plan on Thursday, December 18th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the construction company to reacquire up to 1.9% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

EMCOR Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Wednesday, January 14th will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Wednesday, January 14th. This is a positive change from EMCOR Group’s previous quarterly dividend of $0.25. EMCOR Group’s payout ratio is 6.43%.

EMCOR Group Company Profile

EMCOR Group, Inc is a provider of mechanical and electrical construction, industrial and energy infrastructure, and facilities services to commercial, institutional and industrial clients. The company delivers a broad range of services that include design-build and traditional construction of mechanical, electrical and plumbing systems; ongoing facilities maintenance and operations; and specialized industrial services for sectors such as manufacturing, data centers, healthcare and utilities.

EMCOR’s service offerings encompass HVAC, plumbing, electrical installation and maintenance, fire protection, building automation and controls, commissioning, testing and balancing, and energy management solutions.