Emcor (EME)

EMCOR Group, Inc. is a Fortune 500 leader in mechanical and electrical construction services, industrial and energy infrastructure and building services.

Company profile

Ticker

EME

Exchange

NYSE

Website

www.emcorgroup.com

CEO

Anthony Guzzi

Incorporated

Delaware

Location

Connecticut

Fiscal year end

Dec 31

Sector

Construction > Electrical Contractors and Other Wiring Installation Contractors

Industry (SIC)

Electrical Work

Quanta Services • Comfort Systems USA • IES ...

Former names

EMCOR GROUP INC, JWP INC/DE/

SEC CIK

0000105634

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Dyn Specialty Contracting, Inc. • MES Holdings Corporation • EMCOR Construction Services, Inc. • EMCOR International, Inc. • EMCOR Mechanical/Electrical Services (East), Inc. • EMCOR (UK) Limited • EMCOR Group (UK) plc • EMCOR Facilities Services, Inc. • EMCOR-CSI Holding Co. • FR X Ohmstede Acquisitions Co. ...

IRS number

112125338

EME stock data

1M 1Y 5Y

News

From Benzinga Pro

EMCOR Acquires Gaston Electrical For Undisclosed Sum

9 Aug 22

EMCOR Group's Return On Capital Employed Insights

2 Aug 22

According to Benzinga Pro, during Q2, EMCOR Group (NYSE:EME) earned $100.66 million, a 37.17% increase from the preceding quarter. EMCOR Group also posted a total of $2.71 billion in sales, a 4.4% increase since Q1.

Keybanc Maintains Overweight on EMCOR Gr, Raises Price Target to $135

1 Aug 22

Keybanc analyst Sean Eastman maintains EMCOR Gr (NYSE:EME) with a Overweight and raises the price target from $125 to $135.

Recap: EMCOR Q2 Earnings

28 Jul 22

EMCOR Group Q2 EPS $1.99 Beats $1.76 Estimate, Sales $2.71B Beat $2.61B Estimate

28 Jul 22

Press releases

From Benzinga Pro

EMCOR Group, Inc. Reports Second Quarter 2022 Results

28 Jul 22

- Record Quarterly Revenues of $2.71 billion, 11.1% Increase Year-over-Year - - Record Quarterly Diluted EPS of $1.99 - - Record Remaining Performance Obligations of $6.46 billion, 26.5% Increase Year-over-Year - -

EMCOR Group, Inc. Second Quarter Conference Call to Be Broadcast Over the Internet

14 Jul 22

EMCOR Group, Inc. (NYSE:EME) intends to release its second quarter 2022 results for the period ended June 30, 2022 on Thursday, July 28, 2022. In conjunction with this release, EMCOR Group will host a conference call,

EMCOR GROUP, Inc. Declares Regular Quarterly Dividend

8 Jul 22

EMCOR Group, Inc. (NYSE:EME) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.13 per common share. The dividend will be paid on July 29, 2022 to stockholders of record as

Analyst ratings and price targets

Last 3 months

Average target

$136.00

Low target

$135.00

High target

$137.00

Calendar

28 Jul 22

12 Aug 22

31 Dec 22

Financial summary

Financial statements Chart EME financial data

Quarter (USD)	Jun 22	Mar 22	Dec 21	Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	262.37M	262.37M	262.37M	262.37M	262.37M	262.37M
Cash burn (monthly)	84.05M	33.88M	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	121.78M	49.09M	n/a	n/a	n/a	n/a
Cash remaining	140.59M	213.28M	n/a	n/a	n/a	n/a
Runway (months of cash)	1.7	6.3	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Emcor earnings reports.

Recent insider trades

EME insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
29 Jul 22	M Kevin Mcevoy	Common Stock	Grant	Acquire A	No	No	1	12,212
29 Jul 22	Altmeyer John W	Common Stock	Grant	Acquire A	No	No	13	35,634
29 Jul 22	Ronald L Johnson	Common Stock	Grant	Acquire A	No	No	2	3,366
29 Jul 22	Laidley David H.	Common Stock	Grant	Acquire A	No	No	5	85,563
29 Jul 22	Lowe Carol P	Common Stock	Grant	Acquire A	No	No	10	16,732

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

EME institutional ownership history Ownership history

97.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	389	389	–
Opened positions	44	50	-12.0%
Closed positions	44	24	+83.3%
Increased positions	135	122	+10.7%
Reduced positions	142	143	-0.7%

13F shares	Current	Prev Q	Change
Total value	19.35B	6.56B	+195.0%
Total shares	48.28M	49.75M	-3.0%
Total puts	24.4K	20.2K	+20.8%
Total calls	10.1K	22.4K	-54.9%
Total put/call ratio	2.4	0.9	+167.9%

Largest owners	Shares	Value	Change
BLK Blackrock	7.08M	$797.9M	-9.2%
Vanguard	5.46M	$614.45M	-1.1%
Kayne Anderson Rudnick Investment Management	3.64M	$409.79M	-2.2%
STT State Street	1.74M	$196.53M	+3.6%
Victory Capital Management	1.6M	$180.45M	+4.5%
Fuller & Thaler Asset Management	1.19M	$133.69M	-3.8%
Dimensional Fund Advisors	1.13M	$127M	-1.2%
Lord, Abbett & Co.	1.01M	$113.33M	+0.5%
FMR	973.62K	$109.66M	+30.4%
Geode Capital Management	964.84K	$108.67M	-18.9%

Largest transactions	Shares	Bought/sold	Change
BLK Blackrock	7.08M	-715.84K	-9.2%
Norges Bank	0	-527.04K	EXIT
TimesSquare Capital Management	652K	-261.17K	-28.6%
FMR	973.62K	+227.02K	+30.4%
Geode Capital Management	964.84K	-225.35K	-18.9%
RY Royal Bank Of Canada	67.17K	-174.67K	-72.2%
Raymond James & Associates	53.46K	-156.15K	-74.5%
JHG Janus Henderson	397.85K	-156.03K	-28.2%
Leeward Investments, LLC - MA	132.77K	+132.77K	NEW
PRU Prudential Financial	269.58K	-130.8K	-32.7%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Fluor • Ameresco • Delta Tucker • Mammoth Energy Services

Management Discussion

We are one of the largest specialty contractors in the United States and a leading provider of electrical and mechanical construction and facilities services, building services, and industrial services. Our services are provided to a broad range of commercial, industrial, utility, and institutional customers through approximately 90 operating subsidiaries, which specialize principally in providing construction services relating to electrical and mechanical systems in all types of facilities and in providing various services relating to the operation, maintenance, and management of those facilities. Such operating subsidiaries are organized into the following reportable segments:
•United Kingdom building services.
For a more complete description of our operations, refer to Item 1. Business of our Form 10-K for the year ended December 31, 2021.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. junior Avg

New words: absorption, commencing, coupled, depository, divided, downstream, effort, essentially, HVAC, inflationary, law, living, moderate, political, predominately, pursuing, renewable, scarcity, settle, skilled, Southwestern, tight, unchanged, variant, wage

Removed: book, delay, depend, economy, traditionally

From filing 10-Q 2022 Q2

Financial reports

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