SJS Investment Consulting Inc. Grows Stock Holdings in EMCOR Group, Inc. (NYSE:EME)

SJS Investment Consulting Inc. grew its holdings in EMCOR Group, Inc. (NYSE:EME) by 494.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 113 shares of the construction company’s stock after buying an additional 94 shares during the period. SJS Investment Consulting Inc.’s holdings in EMCOR Group were worth $51,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in EME. AE Wealth Management LLC grew its position in EMCOR Group by 183.8% in the second quarter. AE Wealth Management LLC now owns 1,629 shares of the construction company’s stock worth $595,000 after acquiring an additional 1,055 shares in the last quarter. Bank of Montreal Can boosted its holdings in shares of EMCOR Group by 56.2% in the 2nd quarter. Bank of Montreal Can now owns 12,179 shares of the construction company’s stock worth $4,708,000 after purchasing an additional 4,380 shares during the period. Marshall Wace LLP increased its position in shares of EMCOR Group by 97.4% during the 2nd quarter. Marshall Wace LLP now owns 42,310 shares of the construction company’s stock valued at $15,447,000 after purchasing an additional 20,880 shares during the last quarter. Toronto Dominion Bank raised its holdings in EMCOR Group by 5,880.5% during the 2nd quarter. Toronto Dominion Bank now owns 4,605 shares of the construction company’s stock valued at $1,681,000 after buying an additional 4,528 shares during the period. Finally, AXA S.A. lifted its position in EMCOR Group by 82.5% in the second quarter. AXA S.A. now owns 36,418 shares of the construction company’s stock worth $13,295,000 after buying an additional 16,466 shares during the last quarter. 92.59% of the stock is currently owned by institutional investors.

EMCOR Group Trading Down 0.0 %

NYSE EME opened at $531.64 on Friday. The stock has a market cap of $24.46 billion, a PE ratio of 27.00 and a beta of 1.12. EMCOR Group, Inc. has a 12 month low of $220.45 and a 12 month high of $545.29. The company’s 50-day moving average price is $490.19 and its 200-day moving average price is $436.48.

EMCOR Group (NYSE:EME) last issued its earnings results 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 net margin of 6.51% and a return on equity of 34.99%. The business had revenue of $3.70 billion for the quarter, compared to the consensus estimate of $3.77 billion. During the same period in the prior year, the firm earned $3.61 EPS. The company’s revenue for the quarter was up 15.3% compared to the same quarter last year. As a group, sell-side analysts forecast that EMCOR Group, Inc. will post 20.74 earnings per share for the current year.

EMCOR Group Announces Dividend

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 given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.19%. The ex-dividend date is Thursday, January 16th. EMCOR Group’s dividend payout ratio (DPR) is presently 5.08%.

Wall Street Analyst Weigh In

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