EMCOR Group, Inc. $EME Shares Sold by Hahn Capital Management LLC

Hahn Capital Management LLC lowered its holdings in EMCOR Group, Inc. (NYSE:EME) by 9.8% during the first quarter, Holdings Channel reports. The fund owned 24,851 shares of the construction company’s stock after selling 2,701 shares during the quarter. EMCOR Group makes up 4.4% of Hahn Capital Management LLC’s holdings, making the stock its 7th largest holding. Hahn Capital Management LLC’s holdings in EMCOR Group were worth $9,186,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. EP Wealth Advisors LLC acquired a new stake in EMCOR Group during the 4th quarter worth about $202,000. Focus Partners Wealth grew its holdings in EMCOR Group by 351.8% during the fourth quarter. Focus Partners Wealth now owns 6,827 shares of the construction company’s stock worth $3,160,000 after acquiring an additional 5,316 shares during the period. Janus Henderson Group PLC grew its holdings in EMCOR Group by 13.6% during the fourth quarter. Janus Henderson Group PLC now owns 3,819 shares of the construction company’s stock worth $1,734,000 after acquiring an additional 456 shares during the period. Jacobs Levy Equity Management Inc. raised its position in EMCOR Group by 280.7% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 10,230 shares of the construction company’s stock valued at $4,643,000 after acquiring an additional 7,543 shares in the last quarter. Finally, Nomura Holdings Inc. acquired a new position in EMCOR Group in the fourth quarter valued at approximately $2,771,000. Hedge funds and other institutional investors own 92.59% of the company’s stock.

EMCOR Group Price Performance

Shares of NYSE EME opened at $640.36 on Friday. The stock’s 50-day simple moving average is $602.71 and its 200-day simple moving average is $489.27. The firm has a market capitalization of $28.67 billion, a PE ratio of 26.57 and a beta of 1.28. EMCOR Group, Inc. has a fifty-two week low of $320.89 and a fifty-two week high of $667.64. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.15 and a current ratio of 1.18.

EMCOR Group (NYSE:EME) last announced its quarterly earnings results on Thursday, July 31st. The construction company reported $6.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.68 by $1.04. EMCOR Group had a return on equity of 38.01% and a net margin of 7.07%.The firm had revenue of $4.30 billion during the quarter, compared to the consensus estimate of $4.10 billion. During the same period in the prior year, the company posted $5.25 earnings per share. The firm’s quarterly revenue was up 17.4% compared to the same quarter last year. EMCOR Group has set its FY 2025 guidance at 24.500-25.750 EPS. As a group, equities research analysts forecast that EMCOR Group, Inc. will post 20.74 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Investors of record on Tuesday, July 15th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.2%. The ex-dividend date was Tuesday, July 15th. EMCOR Group’s dividend payout ratio (DPR) is currently 4.15%.

Analyst Upgrades and Downgrades

EME has been the subject of several recent research reports. Northcoast Research lowered shares of EMCOR Group from a “buy” rating to a “neutral” rating and set a $500.00 target price for the company. in a report on Thursday, August 7th. Hovde Group upgraded EMCOR Group to a “hold” rating in a research note on Friday, June 27th. The Goldman Sachs Group lifted their price objective on EMCOR Group from $384.00 to $435.00 and gave the stock a “sell” rating in a report on Tuesday, July 8th. Wall Street Zen upgraded shares of EMCOR Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 2nd. Finally, TD Securities initiated coverage on shares of EMCOR Group in a research report on Friday, June 27th. They issued a “buy” rating for the company. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $594.50.

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.