Woodward Diversified Capital LLC Makes New $397,000 Investment in EMCOR Group, Inc. $EME

Woodward Diversified Capital LLC purchased a new position in shares of EMCOR Group, Inc. (NYSE:EME) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 742 shares of the construction company’s stock, valued at approximately $397,000.

Other hedge funds have also recently modified their holdings of the company. McLean Asset Management Corp increased its position in shares of EMCOR Group by 2.8% during the second quarter. McLean Asset Management Corp now owns 700 shares of the construction company’s stock valued at $379,000 after acquiring an additional 19 shares during the last quarter. Park Place Capital Corp increased its holdings in EMCOR Group by 6.9% in the 2nd quarter. Park Place Capital Corp now owns 308 shares of the construction company’s stock valued at $164,000 after purchasing an additional 20 shares during the last quarter. NBC Securities Inc. increased its holdings in EMCOR Group by 0.7% in the 2nd quarter. NBC Securities Inc. now owns 3,170 shares of the construction company’s stock valued at $1,695,000 after purchasing an additional 23 shares during the last quarter. Institute for Wealth Management LLC. increased its holdings in EMCOR Group by 2.2% in the 2nd quarter. Institute for Wealth Management LLC. now owns 1,051 shares of the construction company’s stock valued at $562,000 after purchasing an additional 23 shares during the last quarter. Finally, McGlone Suttner Wealth Management Inc. grew its stake in shares of EMCOR Group by 1.9% in the second quarter. McGlone Suttner Wealth Management Inc. now owns 1,518 shares of the construction company’s stock valued at $812,000 after buying an additional 29 shares in the last quarter. Institutional investors and hedge funds own 92.59% of the company’s stock.

EMCOR Group Stock Performance

Shares of EMCOR Group stock opened at $655.03 on Thursday. EMCOR Group, Inc. has a one year low of $320.89 and a one year high of $667.64. The company has a market cap of $29.32 billion, a PE ratio of 27.18 and a beta of 1.24. 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 business has a 50-day simple moving average of $625.26 and a 200-day simple moving average of $513.13.

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

Analysts Set New Price Targets

EME has been the subject of a number of research reports. Baird R W raised EMCOR Group to a “strong-buy” rating in a research note on Friday, June 27th. Robert W. Baird assumed coverage on EMCOR Group in a research report on Friday, June 27th. They issued an “outperform” rating and a $560.00 target price for the company. The Goldman Sachs Group lifted their target price on EMCOR Group from $384.00 to $435.00 and gave the company a “sell” rating in a research report on Tuesday, July 8th. UBS Group set a $750.00 price objective on shares of EMCOR Group and gave the company a “buy” rating in a report on Tuesday, August 5th. Finally, Hovde Group upgraded shares of EMCOR Group to a “hold” rating in a report on Friday, June 27th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $594.50.

EMCOR Group Company 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.