EMCOR Group, Inc. (NYSE:EME) Shares Purchased by GW Henssler & Associates Ltd.

GW Henssler & Associates Ltd. increased its position in shares of EMCOR Group, Inc. (NYSE:EME) by 6,571.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 57,441 shares of the construction company’s stock after acquiring an additional 56,580 shares during the quarter. EMCOR Group makes up 1.4% of GW Henssler & Associates Ltd.’s portfolio, making the stock its 26th biggest holding. GW Henssler & Associates Ltd.’s holdings in EMCOR Group were worth $24,730,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Eagle Bay Advisors LLC increased its position in shares of EMCOR Group by 8.1% during the 1st quarter. Eagle Bay Advisors LLC now owns 456 shares of the construction company’s stock worth $160,000 after purchasing an additional 34 shares during the last quarter. Miller Howard Investments Inc. NY increased its position in shares of EMCOR Group by 2.2% during the second quarter. Miller Howard Investments Inc. NY now owns 2,156 shares of the construction company’s stock valued at $787,000 after acquiring an additional 46 shares during the last quarter. Massmutual Trust Co. FSB ADV raised its stake in shares of EMCOR Group by 30.9% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 199 shares of the construction company’s stock valued at $73,000 after acquiring an additional 47 shares during the period. Cooper Financial Group lifted its holdings in shares of EMCOR Group by 3.7% in the 2nd quarter. Cooper Financial Group now owns 1,328 shares of the construction company’s stock worth $485,000 after acquiring an additional 47 shares during the last quarter. Finally, Signaturefd LLC lifted its holdings in shares of EMCOR Group by 11.7% in the 3rd quarter. Signaturefd LLC now owns 469 shares of the construction company’s stock worth $202,000 after acquiring an additional 49 shares during the last quarter. 92.59% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on EME shares. StockNews.com raised EMCOR Group from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, October 9th. DA Davidson increased their target price on EMCOR Group from $410.00 to $430.00 and gave the stock a “buy” rating in a research note on Friday, July 26th.

EMCOR Group Trading Up 0.1 %

EME traded up $0.22 during trading hours on Tuesday, hitting $431.78. 62,734 shares of the company’s stock were exchanged, compared to its average volume of 428,373. The firm has a market cap of $20.29 billion, a P/E ratio of 28.49 and a beta of 1.07. EMCOR Group, Inc. has a 12-month low of $203.57 and a 12-month high of $456.16. The firm has a 50 day moving average of $413.23 and a 200 day moving average of $384.40.

EMCOR Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 30th. Stockholders of record on Tuesday, October 15th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.23%. The ex-dividend date is Tuesday, October 15th. EMCOR Group’s payout ratio is currently 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.