EMCOR Group, Inc. (NYSE:EME) Holdings Raised by Linden Thomas Advisory Services LLC

Linden Thomas Advisory Services LLC boosted its stake in EMCOR Group, Inc. (NYSE:EME) by 5.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,392 shares of the construction company’s stock after buying an additional 246 shares during the period. Linden Thomas Advisory Services LLC’s holdings in EMCOR Group were worth $1,994,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of EME. ORG Wealth Partners LLC bought a new position in shares of EMCOR Group in the third quarter valued at approximately $33,000. Anchor Investment Management LLC lifted its position in EMCOR Group by 89.3% in the second quarter. Anchor Investment Management LLC now owns 106 shares of the construction company’s stock worth $39,000 after purchasing an additional 50 shares during the period. True Wealth Design LLC boosted its stake in EMCOR Group by 3,466.7% during the 3rd quarter. True Wealth Design LLC now owns 107 shares of the construction company’s stock valued at $46,000 after purchasing an additional 104 shares in the last quarter. Northwest Investment Counselors LLC acquired a new position in shares of EMCOR Group during the 3rd quarter valued at $49,000. Finally, Prospera Private Wealth LLC bought a new stake in shares of EMCOR Group in the 3rd quarter worth $55,000. Institutional investors and hedge funds own 92.59% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on EME. Northcoast Research started coverage on EMCOR Group in a research note on Friday, November 22nd. They set a “buy” rating and a $600.00 target price for the company. The Goldman Sachs Group assumed coverage on shares of EMCOR Group in a research report on Friday, November 22nd. They set a “sell” rating and a $445.00 price objective for the company. Stifel Nicolaus began coverage on shares of EMCOR Group in a report on Friday, November 15th. They issued a “buy” rating and a $600.00 target price on the stock. Finally, StockNews.com upgraded shares of EMCOR Group from a “buy” rating to a “strong-buy” rating in a report on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $518.75.

EMCOR Group Trading Down 0.0 %

EME stock opened at $531.64 on Friday. EMCOR Group, Inc. has a one year low of $220.45 and a one year high of $545.29. The firm has a 50-day moving average of $490.19 and a two-hundred day moving average of $436.48. The firm has a market capitalization of $24.46 billion, a PE ratio of 27.00 and a beta of 1.12.

EMCOR Group (NYSE:EME) last released its earnings results on Thursday, October 31st. The construction company reported $5.80 earnings per share for the quarter, beating the consensus estimate of $4.98 by $0.82. The company had revenue of $3.70 billion for the quarter, compared to analysts’ expectations of $3.77 billion. EMCOR Group had a return on equity of 34.99% and a net margin of 6.51%. The business’s revenue for the quarter was up 15.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.61 EPS. On average, equities research analysts anticipate that EMCOR Group, Inc. will post 20.74 earnings per share for the current year.

EMCOR Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 16th will be paid a $0.25 dividend. The ex-dividend date is Thursday, January 16th. This represents a $1.00 dividend on an annualized basis and a yield of 0.19%. EMCOR Group’s dividend payout ratio (DPR) is currently 5.08%.

About EMCOR Group

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.