EMCOR Group, Inc. (NYSE:EME) Position Raised by Running Oak Capital LLC

Running Oak Capital LLC boosted its position in EMCOR Group, Inc. (NYSE:EME - Free Report) by 10.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 47,503 shares of the construction company's stock after acquiring an additional 4,337 shares during the period. EMCOR Group comprises approximately 2.0% of Running Oak Capital LLC's holdings, making the stock its 4th biggest holding. Running Oak Capital LLC owned 0.10% of EMCOR Group worth $10,234,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. FMR LLC grew its stake in shares of EMCOR Group by 7.3% during the 3rd quarter. FMR LLC now owns 3,551,683 shares of the construction company's stock valued at $747,239,000 after buying an additional 241,920 shares during the period. Fuller & Thaler Asset Management Inc. lifted its holdings in EMCOR Group by 41.0% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 1,068,555 shares of the construction company's stock worth $224,813,000 after buying an additional 310,718 shares in the last quarter. Invesco Ltd. lifted its holdings in EMCOR Group by 40.1% in the 3rd quarter. Invesco Ltd. now owns 919,304 shares of the construction company's stock worth $193,412,000 after buying an additional 263,330 shares in the last quarter. Burgundy Asset Management Ltd. lifted its holdings in EMCOR Group by 1.2% in the 3rd quarter. Burgundy Asset Management Ltd. now owns 654,661 shares of the construction company's stock worth $137,734,000 after buying an additional 7,953 shares in the last quarter. Finally, AQR Capital Management LLC raised its stake in shares of EMCOR Group by 30.2% in the 3rd quarter. AQR Capital Management LLC now owns 426,706 shares of the construction company's stock valued at $89,775,000 after purchasing an additional 98,989 shares in the last quarter. 92.59% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on EME. DA Davidson restated a "buy" rating and issued a $375.00 target price on shares of EMCOR Group in a research note on Friday, March 22nd. KeyCorp initiated coverage on shares of EMCOR Group in a research report on Wednesday, January 10th. They issued a "sector weight" rating for the company.

Insider Activity at EMCOR Group

In other EMCOR Group news, CEO Anthony Guzzi sold 6,000 shares of the stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $319.65, for a total value of $1,917,900.00. Following the completion of the sale, the chief executive officer now directly 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 the SEC website. 1.60% of the stock is currently owned by company insiders.

EMCOR Group Trading Up 0.3 %

EME stock traded up $1.08 on Thursday, hitting $356.32. 398,523 shares of the company's stock traded hands, compared to its average volume of 430,884. The stock has a market cap of $16.75 billion, a price-to-earnings ratio of 23.50 and a beta of 1.07. EMCOR Group, Inc. has a 1-year low of $161.49 and a 1-year high of $369.53. The stock has a fifty day moving average of $337.11 and a 200-day moving average of $259.80.

EMCOR Group (NYSE:EME - Get Free Report) last released its quarterly earnings data on Thursday, April 25th. The construction company reported $4.17 earnings per share for the quarter, beating the consensus estimate of $2.92 by $1.25. EMCOR Group had a net margin of 5.48% and a return on equity of 30.38%. The firm had revenue of $3.43 billion for the quarter. On average, equities research analysts anticipate that EMCOR Group, Inc. will post 16.1 earnings per share for the current fiscal year.

EMCOR Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Tuesday, April 16th were paid a $0.25 dividend. The ex-dividend date of this dividend was Monday, April 15th. This is a positive change from EMCOR Group's previous quarterly dividend of $0.18. This represents a $1.00 dividend on an annualized basis and a yield of 0.28%. EMCOR Group's dividend payout ratio (DPR) is presently 6.60%.

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.