Campbell & CO Investment Adviser LLC Has $1.61 Million Stock Position in EMCOR Group, Inc. (NYSE:EME)

Campbell & CO Investment Adviser LLC boosted its stake in EMCOR Group, Inc. (NYSE:EME) by 68.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 7,479 shares of the construction company’s stock after buying an additional 3,042 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in EMCOR Group were worth $1,611,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of EME. Norges Bank bought a new stake in EMCOR Group in the 4th quarter valued at about $153,739,000. Fuller & Thaler Asset Management Inc. boosted 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 valued at $224,813,000 after purchasing an additional 310,718 shares during the period. Pacer Advisors Inc. boosted its holdings in EMCOR Group by 3,091.7% in the 4th quarter. Pacer Advisors Inc. now owns 313,998 shares of the construction company’s stock valued at $67,645,000 after purchasing an additional 304,160 shares during the period. Invesco Ltd. boosted 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 valued at $193,412,000 after purchasing an additional 263,330 shares during the period. Finally, FMR LLC boosted its holdings in EMCOR Group by 7.3% in the 3rd quarter. FMR LLC now owns 3,551,683 shares of the construction company’s stock valued at $747,239,000 after purchasing an additional 241,920 shares during the period. Institutional investors and hedge funds own 92.59% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, DA Davidson reissued a “buy” rating and issued a $375.00 price objective on shares of EMCOR Group in a report on Friday, March 22nd.

Insider Transactions at EMCOR Group

In other news, CEO Anthony Guzzi sold 6,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $319.65, for a total transaction of $1,917,900.00. Following the completion of 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 accessible through this hyperlink. 1.26% of the stock is currently owned by insiders.

EMCOR Group Stock Performance

Shares of EMCOR Group stock traded down $14.88 on Monday, reaching $373.78. 324,003 shares of the stock were exchanged, compared to its average volume of 457,115. The firm’s 50 day moving average is $364.36 and its 200-day moving average is $287.07. EMCOR Group, Inc. has a one year low of $168.00 and a one year high of $401.98. The firm has a market cap of $17.57 billion, a PE ratio of 25.64 and a beta of 1.08.

EMCOR Group (NYSE:EME) last issued its quarterly earnings results on Thursday, April 25th. The construction company reported $4.17 earnings per share for the quarter, topping analysts’ consensus estimates of $2.92 by $1.25. EMCOR Group had a net margin of 5.48% and a return on equity of 30.38%. The company had revenue of $3.43 billion during the quarter. On average, equities research analysts expect that EMCOR Group, Inc. will post 16.1 EPS for the current fiscal year.

EMCOR Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 16th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.27%. The ex-dividend date was Monday, April 15th. This is an increase from EMCOR Group’s previous quarterly dividend of $0.18. EMCOR Group’s dividend payout ratio is 6.60%.

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.