EMCOR Group, Inc. (NYSE:EME) Stock Holdings Lowered by Cambridge Advisors Inc.

Cambridge Advisors Inc. trimmed its holdings in shares of EMCOR Group, Inc. (NYSE:EME) by 3.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,530 shares of the construction company’s stock after selling 100 shares during the period. Cambridge Advisors Inc.’s holdings in EMCOR Group were worth $1,148,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of EME. Moss Adams Wealth Advisors LLC acquired a new stake in shares of EMCOR Group during the fourth quarter valued at approximately $203,000. HB Wealth Management LLC acquired a new position in EMCOR Group during the fourth quarter valued at $439,000. Arkadios Wealth Advisors grew its stake in EMCOR Group by 26.8% during the 4th quarter. Arkadios Wealth Advisors now owns 800 shares of the construction company’s stock valued at $363,000 after acquiring an additional 169 shares in the last quarter. Merit Financial Group LLC acquired a new position in shares of EMCOR Group in the 4th quarter valued at about $971,000. Finally, RDA Financial Network purchased a new stake in shares of EMCOR Group in the fourth quarter worth approximately $309,000. 92.59% of the stock is currently owned by institutional investors and hedge funds.

EMCOR Group Trading Down 0.8 %

EMCOR Group stock opened at $507.12 on Friday. The company has a market capitalization of $23.33 billion, a P/E ratio of 25.75 and a beta of 1.12. EMCOR Group, Inc. has a 1-year low of $217.22 and a 1-year high of $532.38. The firm’s fifty day simple moving average is $488.17 and its 200-day simple moving average is $431.39.

EMCOR Group (NYSE:EME) last released its quarterly earnings results 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 return on equity of 34.99% and a net margin of 6.51%. The company had revenue of $3.70 billion during the quarter, compared to the consensus estimate of $3.77 billion. During the same quarter in the prior year, the company posted $3.61 EPS. The firm’s revenue was up 15.3% on a year-over-year basis. On average, equities research analysts predict 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. Investors of record on Thursday, January 16th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Thursday, January 16th. This represents a $1.00 annualized dividend and a yield of 0.20%. EMCOR Group’s dividend payout ratio (DPR) is presently 5.08%.

Analyst Ratings Changes

A number of brokerages recently commented on EME. The Goldman Sachs Group assumed coverage on shares of EMCOR Group in a research report on Friday, November 22nd. They set a “sell” rating and a $445.00 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. Stifel Nicolaus started 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. Finally, Northcoast Research assumed coverage on 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 investment analyst has rated the stock with a sell rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company 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.