EMCOR Group, Inc. (NYSE:EME) Shares Acquired by Csenge Advisory Group

Csenge Advisory Group increased its holdings in shares of EMCOR Group, Inc. (NYSE:EME) by 4.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 983 shares of the construction company’s stock after buying an additional 44 shares during the period. Csenge Advisory Group’s holdings in EMCOR Group were worth $446,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in EME. True Wealth Design LLC grew its position in shares of EMCOR Group by 3,466.7% in the third 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 during the period. Northwest Investment Counselors LLC purchased a new position in EMCOR Group in the 3rd quarter valued at about $49,000. SJS Investment Consulting Inc. boosted its holdings in EMCOR Group by 494.7% in the 4th quarter. SJS Investment Consulting Inc. now owns 113 shares of the construction company’s stock worth $51,000 after buying an additional 94 shares during the last quarter. Prospera Private Wealth LLC purchased a new stake in EMCOR Group during the 3rd quarter worth approximately $55,000. Finally, Harbor Capital Advisors Inc. acquired a new position in shares of EMCOR Group during the third quarter valued at approximately $62,000. Institutional investors and hedge funds own 92.59% of the company’s stock.

EMCOR Group Stock Up 1.7 %

Shares of EME opened at $433.64 on Wednesday. EMCOR Group, Inc. has a 52-week low of $248.31 and a 52-week high of $545.29. The stock has a fifty day simple moving average of $469.45 and a two-hundred day simple moving average of $445.97. The company has a market capitalization of $19.95 billion, a PE ratio of 22.02 and a beta of 1.11.

EMCOR Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 16th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.23%. The ex-dividend date was Thursday, January 16th. EMCOR Group’s dividend payout ratio (DPR) is presently 5.08%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on EME shares. StockNews.com lowered EMCOR Group from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, February 12th. Northcoast Research assumed coverage on shares of EMCOR Group in a research note on Friday, November 22nd. They set a “buy” rating and a $600.00 target price on the stock. Stifel Nicolaus began coverage on shares of EMCOR Group in a research report on Friday, November 15th. They issued a “buy” rating and a $600.00 target price for the company. Finally, The Goldman Sachs Group started coverage on shares of EMCOR Group in a research note on Friday, November 22nd. They issued a “sell” rating and a $445.00 price target on the stock. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average 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.