Domo signs strategic collaboration agreement with AWS for AI solutions
Mauricio Maxine Lum, the Chief Administrative Officer, Executive Vice President, and General Counsel of EMCOR Group, Inc. (NYSE:EME), a prominent player in the Construction & Engineering industry with a market capitalization of $17.67 billion, recently sold 1,250 shares of the company’s common stock. The transaction, which took place on March 13, 2025, was executed at a price of $370.07 per share, amounting to a total value of approximately $462,587. According to InvestingPro data, the company maintains strong financial health with a "GREAT" overall rating.
Following this sale, Lum’s direct ownership now stands at 27,392 shares. This figure includes shares issuable in respect of restricted stock units. Additionally, there was a transaction involving the disposition of 250 shares, classified under a different transaction type, which did not involve any cash exchange. The company has demonstrated strong financial performance, maintaining dividend payments for 15 consecutive years and achieving a return on equity of 37%.
These movements in stock ownership are part of the regular reporting by company executives and are closely monitored by investors for insights into insider sentiment. While the stock has experienced a 17.8% decline year-to-date, InvestingPro analysis suggests the company is slightly undervalued at current levels, with 12 additional exclusive insights available to subscribers through the comprehensive Pro Research Report.
In other recent news, EMCOR Group Inc . reported a strong fourth quarter for 2024, exceeding earnings forecasts with an earnings per share (EPS) of $6.32, surpassing the anticipated $5.76. However, revenue slightly missed expectations, coming in at $3.77 billion compared to the forecasted $3.8 billion. EMCOR’s robust performance was largely attributed to its strategic focus on expanding data center capabilities and entering high-growth markets. The company’s operating income for the quarter was $389 million, with an operating margin of 10.3%. In addition to its earnings report, EMCOR recently completed the acquisition of Miller Electric Company, which is expected to significantly contribute to revenue growth in 2025. This acquisition expands EMCOR’s presence in the Southeast and is anticipated to be modestly accretive to diluted earnings per share in the coming year. EMCOR has set its 2025 revenue guidance between $16.1 billion and $16.9 billion, reflecting continued confidence in its strategic direction and growth potential.
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