478 Shares in EMCOR Group, Inc. (NYSE:EME) Purchased by XML Financial LLC

XML Financial LLC purchased a new stake in EMCOR Group, Inc. (NYSE:EME - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 478 shares of the construction company's stock, valued at approximately $217,000.

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

EMCOR Group Trading Down 0.0 %

Shares of EME stock traded down $0.16 during trading hours on Friday, reaching $531.64. 285,693 shares of the company's stock were exchanged, compared to its average volume of 374,586. EMCOR Group, Inc. has a 1 year low of $220.45 and a 1 year high of $545.29. The stock has a market cap of $24.46 billion, a PE ratio of 27.00 and a beta of 1.12. The stock's fifty day moving average price is $490.19 and its two-hundred day moving average price is $436.48.

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

EMCOR Group Announces Dividend

The company also recently declared 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. The ex-dividend date of this dividend is Thursday, January 16th. This represents a $1.00 dividend on an annualized basis and a yield of 0.19%. EMCOR Group's dividend payout ratio is currently 5.08%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on EME shares. Stifel Nicolaus assumed coverage on EMCOR Group in a research note on Friday, November 15th. They set a "buy" rating and a $600.00 price objective for the company. The Goldman Sachs Group assumed 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. Finally, Northcoast Research began 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 for the company. One research analyst has rated the stock with a sell rating, three have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $518.75.

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.