XML Financial LLC Makes New $217,000 Investment in EMCOR Group, Inc. (NYSE:EME)

XML Financial LLC purchased a new stake in EMCOR Group, Inc. (NYSE:EME) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 478 shares of the construction company’s stock, valued at approximately $217,000.

A number of other hedge funds also recently made changes to their positions in EME. Cumberland Partners Ltd increased its position in EMCOR Group by 60.0% during the 3rd quarter. Cumberland Partners Ltd now owns 4,000 shares of the construction company’s stock valued at $1,722,000 after purchasing an additional 1,500 shares during the period. Wolff Wiese Magana LLC boosted its stake in shares of EMCOR Group by 3,510.5% in the 4th quarter. Wolff Wiese Magana LLC now owns 686 shares of the construction company’s stock valued at $311,000 after purchasing an additional 667 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its position in shares of EMCOR Group by 173.0% during the third quarter. Robeco Institutional Asset Management B.V. now owns 54,521 shares of the construction company’s stock worth $23,473,000 after buying an additional 34,553 shares during the period. Independent Advisor Alliance raised its stake in EMCOR Group by 25.0% during the third quarter. Independent Advisor Alliance now owns 5,252 shares of the construction company’s stock worth $2,261,000 after buying an additional 1,049 shares during the last quarter. Finally, PFW Advisors LLC acquired a new position in EMCOR Group in the fourth quarter valued at $689,000. 92.59% of the stock is currently owned by institutional investors.

EMCOR Group Price Performance

Shares of EME opened at $531.57 on Friday. The stock has a 50-day moving average of $488.87 and a 200-day moving average of $434.64. EMCOR Group, Inc. has a one year low of $219.07 and a one year high of $545.29. The company has a market cap of $24.45 billion, a PE ratio of 27.00 and a beta of 1.12.

EMCOR Group (NYSE:EME) last released its quarterly earnings data on Thursday, October 31st. The construction company reported $5.80 EPS for the quarter, beating 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 firm had revenue of $3.70 billion during the quarter, compared to the consensus estimate of $3.77 billion. During the same quarter in the previous year, the company posted $3.61 earnings per share. The company’s quarterly revenue was up 15.3% on a year-over-year basis. Analysts expect that EMCOR Group, Inc. will post 20.74 EPS for the current fiscal year.

EMCOR Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Thursday, January 16th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.19%. The ex-dividend date is Thursday, January 16th. EMCOR Group’s dividend payout ratio (DPR) is 5.08%.

Analyst Ratings Changes

A number of analysts have weighed in on the company. The Goldman Sachs Group started coverage on EMCOR Group in a report on Friday, November 22nd. They set a “sell” rating and a $445.00 price target for the company. Stifel Nicolaus began coverage on EMCOR Group in a report on Friday, November 15th. They issued a “buy” rating and a $600.00 target price for the company. StockNews.com raised EMCOR Group from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, October 9th. Finally, Northcoast Research began coverage on shares of EMCOR Group in a research report on Friday, November 22nd. They set a “buy” rating and a $600.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $518.75.

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.