Robeco Institutional Asset Management B.V. Acquires 40,332 Shares of EMCOR Group, Inc. (NYSE:EME)

Robeco Institutional Asset Management B.V. raised its holdings in EMCOR Group, Inc. (NYSE:EME - Free Report) by 74.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 94,853 shares of the construction company's stock after acquiring an additional 40,332 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.21% of EMCOR Group worth $43,054,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. ORG Wealth Partners LLC bought a new position in EMCOR Group during the 3rd quarter worth approximately $33,000. Anchor Investment Management LLC grew its position in EMCOR Group by 89.3% during the 2nd quarter. Anchor Investment Management LLC now owns 106 shares of the construction company's stock worth $39,000 after acquiring an additional 50 shares during the last quarter. True Wealth Design LLC grew its position in EMCOR Group by 3,466.7% during the 3rd quarter. True Wealth Design LLC now owns 107 shares of the construction company's stock worth $46,000 after acquiring an additional 104 shares during the last quarter. Northwest Investment Counselors LLC bought a new position in EMCOR Group during the 3rd quarter worth approximately $49,000. Finally, SJS Investment Consulting Inc. grew its position in EMCOR Group by 494.7% during the 4th quarter. SJS Investment Consulting Inc. now owns 113 shares of the construction company's stock worth $51,000 after acquiring an additional 94 shares during the last quarter. Hedge funds and other institutional investors own 92.59% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on EME. StockNews.com lowered EMCOR Group from a "strong-buy" rating to a "buy" rating in a research report on Monday. Northcoast Research started coverage on EMCOR Group in a research report on Friday, November 22nd. They issued a "buy" rating and a $600.00 price objective on the stock. The Goldman Sachs Group started coverage on EMCOR Group in a research report on Friday, November 22nd. They issued a "sell" rating and a $445.00 price objective on the stock. Finally, 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. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $518.75.

EMCOR Group Trading Up 2.0 %

NYSE:EME traded up $8.76 during trading hours on Thursday, reaching $448.17. 111,242 shares of the company traded hands, compared to its average volume of 469,388. The business's 50-day moving average price is $485.73 and its two-hundred day moving average price is $438.27. The stock has a market capitalization of $20.62 billion, a P/E ratio of 22.76 and a beta of 1.12. EMCOR Group, Inc. has a 1 year low of $226.99 and a 1 year high of $545.29.

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

EMCOR Group Dividend Announcement

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 $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.22%. The ex-dividend date is Thursday, January 16th. EMCOR Group's payout ratio is 5.08%.

About EMCOR Group

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.