EMCOR Group, Inc. (NYSE:EME) Shares Acquired by Savant Capital LLC

Savant Capital LLC boosted its stake in shares of EMCOR Group, Inc. (NYSE:EME) by 1.0% in the fourth quarter, HoldingsChannel reports. The firm owned 6,205 shares of the construction company’s stock after purchasing an additional 63 shares during the quarter. Savant Capital LLC’s holdings in EMCOR Group were worth $2,817,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Koshinski Asset Management Inc. boosted its stake in EMCOR Group by 4.1% during the 4th quarter. Koshinski Asset Management Inc. now owns 656 shares of the construction company’s stock valued at $298,000 after purchasing an additional 26 shares during the period. Cumberland Partners Ltd raised its holdings in shares of EMCOR Group by 60.0% during the third quarter. Cumberland Partners Ltd now owns 4,000 shares of the construction company’s stock valued at $1,722,000 after buying an additional 1,500 shares during the last quarter. Wolff Wiese Magana LLC boosted its position in shares of EMCOR Group by 3,510.5% during the fourth quarter. Wolff Wiese Magana LLC now owns 686 shares of the construction company’s stock worth $311,000 after buying an additional 667 shares during the period. Robeco Institutional Asset Management B.V. grew its holdings in EMCOR Group by 173.0% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 54,521 shares of the construction company’s stock worth $23,473,000 after buying an additional 34,553 shares in the last quarter. Finally, Independent Advisor Alliance increased its position in EMCOR Group by 25.0% in the 3rd quarter. Independent Advisor Alliance now owns 5,252 shares of the construction company’s stock valued at $2,261,000 after acquiring an additional 1,049 shares during the period. 92.59% of the stock is currently owned by institutional investors.

EMCOR Group Stock Performance

Shares of EME stock opened at $446.25 on Wednesday. The stock has a market cap of $20.53 billion, a PE ratio of 22.66 and a beta of 1.11. The business’s fifty day moving average is $476.79 and its 200-day moving average is $443.64. EMCOR Group, Inc. has a 1 year low of $238.94 and a 1 year high of $545.29.

EMCOR Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 16th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.22%. The ex-dividend date of this dividend was Thursday, January 16th. EMCOR Group’s dividend payout ratio (DPR) is presently 5.08%.

Analyst Ratings Changes

A number of brokerages have issued reports on EME. Northcoast Research initiated coverage on EMCOR Group in a research report on Friday, November 22nd. They set a “buy” rating and a $600.00 price target 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 price objective for the company. The Goldman Sachs Group assumed coverage on shares of EMCOR Group in a research note on Friday, November 22nd. They set a “sell” rating and a $445.00 target price on the stock. Finally, StockNews.com downgraded shares of EMCOR Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday. One investment analyst has rated the stock with a sell rating and four have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $518.75.

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.