Kirr Marbach & Co. LLC IN Sells 14,718 Shares of EMCOR Group, Inc. (NYSE:EME)

Kirr Marbach & Co. LLC IN reduced its stake in EMCOR Group, Inc. (NYSE:EME - Free Report) by 13.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 94,460 shares of the construction company's stock after selling 14,718 shares during the quarter. EMCOR Group makes up 5.3% of Kirr Marbach & Co. LLC IN's investment portfolio, making the stock its 3rd largest holding. Kirr Marbach & Co. LLC IN owned approximately 0.20% of EMCOR Group worth $20,350,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the stock. Cambridge Investment Research Advisors Inc. increased its stake in shares of EMCOR Group by 5.9% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 2,426 shares of the construction company's stock worth $273,000 after purchasing an additional 135 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of EMCOR Group by 3.8% during the first quarter. PNC Financial Services Group Inc. now owns 5,156 shares of the construction company's stock worth $580,000 after buying an additional 189 shares during the last quarter. Bank of Montreal Can lifted its holdings in shares of EMCOR Group by 3.4% during the first quarter. Bank of Montreal Can now owns 8,037 shares of the construction company's stock worth $928,000 after buying an additional 264 shares during the last quarter. Acadian Asset Management LLC boosted its position in shares of EMCOR Group by 160.4% in the first quarter. Acadian Asset Management LLC now owns 4,828 shares of the construction company's stock valued at $543,000 after acquiring an additional 2,974 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of EMCOR Group by 10.5% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 19,561 shares of the construction company's stock worth $2,203,000 after acquiring an additional 1,865 shares during the last quarter. Institutional investors own 92.59% of the company's stock.

Insider Buying and Selling at EMCOR Group

In related news, CEO Anthony Guzzi sold 6,000 shares of the business's stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $319.65, for a total value of $1,917,900.00. Following the sale, the chief executive officer now owns 219,023 shares of the company's stock, valued at approximately $70,010,701.95. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 1.60% of the company's stock.

EMCOR Group Stock Down 0.5 %

Shares of EME stock traded down $1.87 during mid-day trading on Tuesday, reaching $345.40. The stock had a trading volume of 409,324 shares, compared to its average volume of 414,435. EMCOR Group, Inc. has a one year low of $155.14 and a one year high of $369.53. The firm has a market cap of $16.25 billion, a PE ratio of 25.97 and a beta of 1.10. The firm's 50 day simple moving average is $311.58 and its 200 day simple moving average is $247.80.

EMCOR Group (NYSE:EME - Get Free Report) last posted its quarterly earnings results on Wednesday, February 28th. The construction company reported $4.47 earnings per share for the quarter, topping analysts' consensus estimates of $3.51 by $0.96. EMCOR Group had a net margin of 5.03% and a return on equity of 28.41%. The firm had revenue of $3.44 billion for the quarter, compared to the consensus estimate of $3.36 billion. During the same quarter in the previous year, the company earned $2.63 earnings per share. The business's revenue was up 16.6% compared to the same quarter last year. Sell-side analysts forecast that EMCOR Group, Inc. will post 14.5 earnings per share for the current fiscal year.

EMCOR Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 16th will be paid a dividend of $0.25 per share. This is a boost from EMCOR Group's previous quarterly dividend of $0.18. The ex-dividend date is Monday, April 15th. This represents a $1.00 dividend on an annualized basis and a yield of 0.29%. EMCOR Group's dividend payout ratio (DPR) is currently 5.41%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on EME shares. KeyCorp began coverage on shares of EMCOR Group in a research note on Wednesday, January 10th. They set a "sector weight" rating for the company. DA Davidson reaffirmed a "buy" rating and set a $375.00 price objective on shares of EMCOR Group in a research report on Friday, March 22nd.

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.