Robeco Institutional Asset Management B.V. Increases Holdings in EMCOR Group, Inc. (NYSE:EME)

Robeco Institutional Asset Management B.V. increased its position in shares of EMCOR Group, Inc. (NYSE:EME - Free Report) by 22.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 115,750 shares of the construction company's stock after purchasing an additional 20,897 shares during the period. Robeco Institutional Asset Management B.V. owned 0.25% of EMCOR Group worth $42,785,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Petra Financial Advisors Inc. increased its holdings in shares of EMCOR Group by 1.4% during the 4th quarter. Petra Financial Advisors Inc. now owns 1,739 shares of the construction company's stock worth $789,000 after buying an additional 24 shares during the last quarter. True Wealth Design LLC grew its position in EMCOR Group by 24.3% in the fourth quarter. True Wealth Design LLC now owns 133 shares of the construction company's stock worth $60,000 after acquiring an additional 26 shares during the period. GeoWealth Management LLC increased its stake in EMCOR Group by 12.4% during the fourth quarter. GeoWealth Management LLC now owns 253 shares of the construction company's stock worth $115,000 after acquiring an additional 28 shares during the last quarter. Continuum Advisory LLC increased its stake in EMCOR Group by 53.7% during the fourth quarter. Continuum Advisory LLC now owns 83 shares of the construction company's stock worth $38,000 after acquiring an additional 29 shares during the last quarter. Finally, HighPoint Advisor Group LLC raised its position in EMCOR Group by 4.1% in the fourth quarter. HighPoint Advisor Group LLC now owns 804 shares of the construction company's stock valued at $359,000 after purchasing an additional 32 shares during the period. 92.59% of the stock is owned by hedge funds and other institutional investors.

EMCOR Group Stock Up 3.9%

Shares of NYSE EME traded up $19.91 during midday trading on Friday, hitting $530.90. The company's stock had a trading volume of 681,139 shares, compared to its average volume of 452,567. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.16 and a quick ratio of 1.14. The firm has a market capitalization of $23.76 billion, a price-to-earnings ratio of 23.46 and a beta of 1.23. The business's fifty day simple moving average is $455.61 and its two-hundred day simple moving average is $439.19. EMCOR Group, Inc. has a 1 year low of $319.49 and a 1 year high of $545.30.

EMCOR Group (NYSE:EME - Get Free Report) last released its earnings results on Wednesday, April 30th. The construction company reported $5.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.57 by $0.84. The company had revenue of $3.87 billion for the quarter, compared to analyst estimates of $3.78 billion. EMCOR Group had a net margin of 7.00% and a return on equity of 37.12%. The firm's quarterly revenue was up 12.7% on a year-over-year basis. During the same period in the prior year, the business earned $4.17 EPS. On average, equities analysts predict that EMCOR Group, Inc. will post 20.74 EPS for the current year.

EMCOR Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Thursday, April 17th were issued a $0.25 dividend. The ex-dividend date was Thursday, April 17th. This represents a $1.00 dividend on an annualized basis and a yield of 0.19%. EMCOR Group's dividend payout ratio (DPR) is presently 4.42%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on EME shares. UBS Group started coverage on EMCOR Group in a report on Friday, June 13th. They set a "buy" rating and a $570.00 price target for the company. William Blair assumed coverage on shares of EMCOR Group in a research note on Friday. They set an "outperform" rating for the company. TD Securities started coverage on shares of EMCOR Group in a research note on Friday. They issued a "buy" rating on the stock. Jefferies Financial Group began coverage on shares of EMCOR Group in a report on Friday. They issued a "buy" rating on the stock. Finally, Stifel Nicolaus dropped their target price on shares of EMCOR Group from $514.00 to $503.00 and set a "buy" rating for the company in a report on Thursday, May 1st. One analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the company's stock. According to MarketBeat, EMCOR Group currently has an average rating of "Moderate Buy" and a consensus price target of $518.00.

Insider Buying and Selling

In other EMCOR Group news, Director Robin A. Walker-Lee sold 947 shares of the business's stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $412.83, for a total transaction of $390,950.01. Following the completion of the transaction, the director now owns 7,094 shares in the company, valued at $2,928,616.02. The trade was a 11.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Anthony Guzzi sold 7,000 shares of the stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $436.03, for a total transaction of $3,052,210.00. Following the completion of the sale, the chief executive officer now directly owns 208,989 shares in the company, valued at approximately $91,125,473.67. This represents a 3.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.83% of the stock is currently owned by insiders.

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.