1 week Ago By ABMN Staff
UMB Bank n.a. increased its holdings in EMCOR Group, Inc.
( NYSE:EME – Free Report ) by 9.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,139 shares of the construction company’s stock after purchasing an additional 98 shares during the period.
UMB Bank n.a.’s holdings in EMCOR Group were worth $517,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in EME. Blair William & Co. IL grew its holdings in EMCOR Group by 61.
1% in the 2nd quarter. Blair William & Co. IL now owns 2,483 shares of the construction company’s stock valued at $907,000 after buying an additional 942 shares during the period.
AE Wealth Management LLC raised its position in shares of EMCOR Group by 183.8% in the 2nd quarter. AE Wealth Management LLC now owns 1,629 shares of the construction company’s stock worth $595,000 after buying an additional 1,055 shares during the period.
Ensign Peak Advisors Inc raised its holdings in shares of EMCOR Group by 50.3% in the 2nd quarter. Ensign Peak Advisors Inc now owns 29,977 shares of the construction company’s stock worth $10,944,000 after purchasing an additional 10,030 shares during the period.
Bank of Montreal Can lifted its stake 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 valued at $4,708,000 after purchasing an additional 4,380 shares in the last quarter.
Finally, Xponance Inc. lifted its stake in shares of EMCOR Group by 28.9% in the 2nd quarter.
Xponance Inc. now owns 9,048 shares of the construction company’s stock valued at $3,303,000 after purchasing an additional 2,026 shares in the last quarter. 92.
59% of the stock is currently owned by institutional investors and hedge funds. EMCOR Group Trading Up 1.6 % Shares of NYSE:EME opened at $535.
70 on Thursday. The firm has a market cap of $24.64 billion, a PE ratio of 27.
21 and a beta of 1.12. The company has a fifty day simple moving average of $488.
15 and a 200 day simple moving average of $433.93. EMCOR Group, Inc.
has a 12-month low of $219.07 and a 12-month high of $545.30.
EMCOR Group Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 16th will be issued a dividend of $0.25 per share.
The ex-dividend date of this dividend is Thursday, January 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.
19%. EMCOR Group’s dividend payout ratio (DPR) is 5.08%.
Wall Street Analysts Forecast Growth Several research analysts recently commented on the stock. The Goldman Sachs Group initiated coverage on shares of EMCOR Group in a report on Friday, November 22nd. They issued a “sell” rating and a $445.
00 price target on the stock. StockNews.com raised shares of EMCOR Group from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, October 9th.
Stifel Nicolaus started coverage on EMCOR Group in a research report on Friday, November 15th. They issued a “buy” rating and a $600.00 price objective on the stock.
Finally, 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 target price on the stock.
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 stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $518.75.
Read Our Latest Research Report on EME EMCOR Group Company Profile ( Free Report ) 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. See Also Want to see what other hedge funds are holding EME? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for EMCOR Group, Inc. ( NYSE:EME – Free Report ). Receive News & Ratings for EMCOR Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EMCOR Group and related companies with MarketBeat.
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