Barlow Wealth Partners Inc. Acquires 1,751 Shares of EMCOR Group, Inc. (NYSE:EME)

Barlow Wealth Partners Inc. lifted its holdings in EMCOR Group, Inc. (NYSE:EME - Free Report) by 6.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,359 shares of the construction company's stock after buying an additional 1,751 shares during the period. EMCOR Group comprises approximately 1.9% of Barlow Wealth Partners Inc.'s portfolio, making the stock its 26th biggest position. Barlow Wealth Partners Inc. owned about 0.07% of EMCOR Group worth $15,241,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. ORG Wealth Partners LLC acquired a new position in shares of EMCOR Group in the 3rd quarter valued at about $33,000. Anchor Investment Management LLC grew its position in EMCOR Group by 89.3% during the second quarter. Anchor Investment Management LLC now owns 106 shares of the construction company's stock valued at $39,000 after purchasing an additional 50 shares in the last quarter. True Wealth Design LLC increased its stake in EMCOR Group by 3,466.7% in the 3rd quarter. True Wealth Design LLC now owns 107 shares of the construction company's stock valued at $46,000 after buying an additional 104 shares during the period. Northwest Investment Counselors LLC purchased a new stake in EMCOR Group in the 3rd quarter worth approximately $49,000. Finally, Prospera Private Wealth LLC acquired a new stake in shares of EMCOR Group during the 3rd quarter valued at $55,000. 92.59% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on EME shares. Stifel Nicolaus began coverage on EMCOR Group in a report on Friday, November 15th. They set a "buy" rating and a $600.00 price objective for the company. StockNews.com upgraded EMCOR Group from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, October 9th. The Goldman Sachs Group began 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, Northcoast Research initiated coverage on shares of EMCOR Group in a research note on Friday, November 22nd. They issued 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 issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, EMCOR Group presently has an average rating of "Moderate Buy" and a consensus target price of $518.75.

EMCOR Group Price Performance

EME stock traded up $8.54 on Wednesday, reaching $535.70. 383,123 shares of the company were exchanged, compared to its average volume of 382,047. The firm has a market capitalization of $24.64 billion, a PE ratio of 27.21 and a beta of 1.12. EMCOR Group, Inc. has a 12 month low of $219.07 and a 12 month high of $545.30. The stock's fifty day moving average price is $488.15 and its 200 day moving average price is $433.93.

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

EMCOR Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors 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 is Thursday, January 16th. EMCOR Group's dividend payout ratio is 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.