Epoch Investment Partners Inc. Has $13.87 Million Stake in EMCOR Group, Inc. (NYSE:EME)

Epoch Investment Partners Inc. lowered its stake in EMCOR Group, Inc. (NYSE:EMEGet Rating) by 2.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 108,885 shares of the construction company’s stock after selling 2,293 shares during the quarter. Epoch Investment Partners Inc. owned approximately 0.20% of EMCOR Group worth $13,871,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. CWM LLC bought a new stake in shares of EMCOR Group in the fourth quarter valued at approximately $27,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of EMCOR Group by 276.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 267 shares of the construction company’s stock worth $34,000 after buying an additional 196 shares in the last quarter. Kings Point Capital Management acquired a new stake in EMCOR Group in the third quarter valued at $61,000. Covestor Ltd bought a new stake in EMCOR Group during the fourth quarter valued at $61,000. Finally, MUFG Americas Holdings Corp boosted its position in EMCOR Group by 87.6% during the fourth quarter. MUFG Americas Holdings Corp now owns 709 shares of the construction company’s stock valued at $90,000 after acquiring an additional 331 shares during the last quarter. 94.36% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts have commented on the stock. StockNews.com lowered shares of EMCOR Group from a “strong-buy” rating to a “buy” rating in a research note on Monday, May 2nd. Sidoti raised shares of EMCOR Group from a “neutral” rating to a “buy” rating and set a $137.00 price target for the company in a report on Monday, May 16th. Zacks Investment Research raised shares of EMCOR Group from a “sell” rating to a “hold” rating and set a $118.00 price objective for the company in a report on Wednesday, March 9th. Finally, DA Davidson raised shares of EMCOR Group from a “neutral” rating to a “buy” rating and set a $142.00 price objective for the company in a report on Friday, February 25th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $134.50.

In other EMCOR Group news, CEO Anthony Guzzi sold 1,381 shares of the company’s stock in a transaction dated Thursday, April 21st. The shares were sold at an average price of $120.00, for a total value of $165,720.00. Following the transaction, the chief executive officer now owns 291,256 shares of the company’s stock, valued at $34,950,720. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 1.90% of the company’s stock.

NYSE:EME opened at $102.52 on Friday. EMCOR Group, Inc. has a fifty-two week low of $99.72 and a fifty-two week high of $135.98. The stock has a market capitalization of $5.24 billion, a P/E ratio of 14.84 and a beta of 1.18. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.37 and a current ratio of 1.40. The company’s 50-day simple moving average is $111.49 and its 200-day simple moving average is $118.30.

EMCOR Group (NYSE:EMEGet Rating) last announced its quarterly earnings data on Thursday, April 28th. The construction company reported $1.39 EPS for the quarter, missing the consensus estimate of $1.62 by ($0.23). The business had revenue of $2.59 billion for the quarter, compared to analyst estimates of $2.46 billion. EMCOR Group had a net margin of 3.65% and a return on equity of 17.26%. The business’s revenue was up 12.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.54 earnings per share. On average, research analysts forecast that EMCOR Group, Inc. will post 7.59 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, April 29th. Stockholders of record on Monday, April 18th were given a dividend of $0.13 per share. The ex-dividend date was Thursday, April 14th. This represents a $0.52 annualized dividend and a dividend yield of 0.51%. EMCOR Group’s payout ratio is 7.53%.

EMCOR Group Company Profile (Get Rating)

EMCOR Group, Inc provides electrical and mechanical construction, and facilities services primarily in the United States and the United Kingdom. It offers design, integration, installation, starts-up, operation, and maintenance services related to electrical power transmission, distribution, and generation systems; energy solutions; premises electrical and lighting systems; process instrumentation in the refining, chemical processing, and food processing industries; low-voltage systems, such as fire alarm, security, and process control systems; voice and data communications systems; roadway and transit lighting, signaling, and fiber optic lines; 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.

Further Reading

Institutional Ownership by Quarter for EMCOR Group (NYSE:EME)

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.com's FREE daily email newsletter.