Dimensional Fund Advisors LP Acquires 34,541 Shares of EMCOR Group, Inc. $EME

Dimensional Fund Advisors LP raised its holdings in shares of EMCOR Group, Inc. (NYSE:EME) by 8.7% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 430,607 shares of the construction company’s stock after acquiring an additional 34,541 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.96% of EMCOR Group worth $159,153,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in EME. Mariner LLC grew its stake in shares of EMCOR Group by 32.4% during the 4th quarter. Mariner LLC now owns 8,114 shares of the construction company’s stock worth $3,683,000 after acquiring an additional 1,986 shares in the last quarter. GeoWealth Management LLC grew its stake in shares of EMCOR Group by 12.4% during the 4th quarter. GeoWealth Management LLC now owns 253 shares of the construction company’s stock worth $115,000 after acquiring an additional 28 shares in the last quarter. Ossiam grew its stake in shares of EMCOR Group by 1,937.9% during the 4th quarter. Ossiam now owns 1,345 shares of the construction company’s stock worth $610,000 after acquiring an additional 1,279 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in shares of EMCOR Group by 1.1% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,316 shares of the construction company’s stock worth $1,505,000 after acquiring an additional 35 shares in the last quarter. Finally, Hsbc Holdings PLC grew its stake in shares of EMCOR Group by 28.8% during the 4th quarter. Hsbc Holdings PLC now owns 36,515 shares of the construction company’s stock worth $16,602,000 after acquiring an additional 8,175 shares in the last quarter. 92.59% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

EME has been the subject of several analyst reports. Wall Street Zen raised shares of EMCOR Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 2nd. Jefferies Financial Group started coverage on EMCOR Group in a report on Friday, June 27th. They set a “buy” rating for the company. Hovde Group raised EMCOR Group to a “hold” rating in a report on Friday, June 27th. Baird R W raised EMCOR Group to a “strong-buy” rating in a report on Friday, June 27th. Finally, TD Securities started coverage on EMCOR Group in a report on Friday, June 27th. They set a “buy” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $594.50.

EMCOR Group Stock Performance

NYSE EME opened at $606.2750 on Wednesday. The company has a current ratio of 1.18, a quick ratio of 1.15 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $27.14 billion, a price-to-earnings ratio of 25.16 and a beta of 1.27. The firm’s 50 day simple moving average is $561.90 and its 200 day simple moving average is $467.71. EMCOR Group, Inc. has a 1 year low of $320.89 and a 1 year high of $667.64.

EMCOR Group (NYSE:EME) last released its 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 for the quarter, compared to analysts’ expectations of $4.10 billion. During the same quarter in the previous year, the business posted $5.25 earnings per share. The business’s revenue for the quarter was up 17.4% on a year-over-year basis. EMCOR Group has set its FY 2025 guidance at 24.500-25.750 EPS. As a group, research 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, July 31st. Stockholders of record on Tuesday, July 15th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Tuesday, July 15th. EMCOR Group’s payout ratio is 4.15%.

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.