SJS Investment Consulting Inc. Increases Stock Position in EMCOR Group, Inc. (NYSE:EME)

SJS Investment Consulting Inc. boosted its holdings in shares of EMCOR Group, Inc. (NYSE:EME) by 494.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 113 shares of the construction company’s stock after acquiring an additional 94 shares during the quarter. SJS Investment Consulting Inc.’s holdings in EMCOR Group were worth $51,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of EME. Adirondack Trust Co. boosted its position in EMCOR Group by 5.0% during the 4th quarter. Adirondack Trust Co. now owns 420 shares of the construction company’s stock valued at $191,000 after acquiring an additional 20 shares in the last quarter. Exchange Traded Concepts LLC boosted its position in EMCOR Group by 1.9% during the fourth quarter. Exchange Traded Concepts LLC now owns 1,148 shares of the construction company’s stock valued at $521,000 after purchasing an additional 21 shares in the last quarter. Caprock Group LLC boosted its position in EMCOR Group by 0.4% during the third quarter. Caprock Group LLC now owns 5,836 shares of the construction company’s stock valued at $2,513,000 after purchasing an additional 22 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in EMCOR Group by 14.4% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 199 shares of the construction company’s stock valued at $90,000 after purchasing an additional 25 shares during the last quarter. Finally, Koshinski Asset Management Inc. raised its holdings in EMCOR Group by 4.1% in the fourth quarter. Koshinski Asset Management Inc. now owns 656 shares of the construction company’s stock worth $298,000 after purchasing an additional 26 shares in the last quarter. Institutional investors own 92.59% of the company’s stock.

Analyst Upgrades and Downgrades

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

EMCOR Group Stock Down 0.0 %

EME stock opened at $531.64 on Friday. EMCOR Group, Inc. has a 52 week low of $220.45 and a 52 week high of $545.29. The stock has a market capitalization of $24.46 billion, a PE ratio of 27.00 and a beta of 1.12. The firm has a 50 day moving average of $490.19 and a 200 day moving average of $436.48.

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

EMCOR Group Announces Dividend

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

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.