Linden Thomas Advisory Services LLC Acquires 246 Shares of EMCOR Group, Inc. (NYSE:EME)

Linden Thomas Advisory Services LLC lifted its holdings in EMCOR Group, Inc. (NYSE:EME) by 5.9% in the 4th quarter, Holdings Channel reports. The firm owned 4,392 shares of the construction company’s stock after buying an additional 246 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in EMCOR Group were worth $1,994,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of EME. Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of EMCOR Group by 69.4% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 14,918 shares of the construction company’s stock worth $6,771,000 after buying an additional 6,111 shares during the last quarter. Exchange Traded Concepts LLC increased its stake in shares of EMCOR Group by 1.9% in the fourth quarter. Exchange Traded Concepts LLC now owns 1,148 shares of the construction company’s stock worth $521,000 after purchasing an additional 21 shares during the period. Impact Partnership Wealth LLC lifted its position in shares of EMCOR Group by 15.1% during the 4th quarter. Impact Partnership Wealth LLC now owns 1,012 shares of the construction company’s stock worth $459,000 after purchasing an additional 133 shares during the last quarter. RFG Advisory LLC lifted its position in shares of EMCOR Group by 6.7% during the 4th quarter. RFG Advisory LLC now owns 5,704 shares of the construction company’s stock worth $2,589,000 after purchasing an additional 357 shares during the last quarter. Finally, MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH acquired a new stake in EMCOR Group in the 4th quarter valued at approximately $1,506,000. 92.59% of the stock is currently owned by institutional investors.

EMCOR Group Price Performance

Shares of EME stock opened at $531.64 on Friday. The stock has a fifty day moving average price of $490.19 and a 200 day moving average price of $436.48. The stock has a market cap of $24.46 billion, a P/E ratio of 27.00 and a beta of 1.12. EMCOR Group, Inc. has a one year low of $220.45 and a one year high of $545.29.

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

EMCOR Group Announces Dividend

The business 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. This represents a $1.00 annualized dividend and a yield of 0.19%. The ex-dividend date of this dividend is Thursday, January 16th. EMCOR Group’s payout ratio is 5.08%.

Analyst Ratings Changes

A number of brokerages have recently commented on EME. The Goldman Sachs Group initiated coverage on EMCOR Group in a report on Friday, November 22nd. They set a “sell” rating and a $445.00 price target for the company. Stifel Nicolaus assumed coverage on shares of EMCOR Group in a report on Friday, November 15th. They issued a “buy” rating and a $600.00 price target for the company. Northcoast Research assumed coverage on shares of EMCOR Group in a research report on Friday, November 22nd. They issued a “buy” rating and a $600.00 price target on the stock. Finally, StockNews.com raised shares of EMCOR Group from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, three have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $518.75.

EMCOR Group 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.