Little House Capital LLC Has $2.11 Million Stock Position in EMCOR Group, Inc. (NYSE:EME)

Little House Capital LLC increased its holdings in EMCOR Group, Inc. (NYSE:EME) by 1.2% during the fourth quarter, HoldingsChannel reports. The fund owned 4,646 shares of the construction company’s stock after acquiring an additional 57 shares during the quarter. Little House Capital LLC’s holdings in EMCOR Group were worth $2,109,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. World Investment Advisors LLC purchased a new stake in shares of EMCOR Group in the third quarter worth approximately $100,282,000. Nordea Investment Management AB grew its holdings in EMCOR Group by 2,246.2% during the fourth quarter. Nordea Investment Management AB now owns 142,578 shares of the construction company’s stock worth $65,036,000 after buying an additional 136,501 shares in the last quarter. Swedbank AB raised its position in EMCOR Group by 399.4% in the 4th quarter. Swedbank AB now owns 153,443 shares of the construction company’s stock valued at $69,648,000 after buying an additional 122,716 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its stake in EMCOR Group by 45.2% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 283,072 shares of the construction company’s stock valued at $121,871,000 after acquiring an additional 88,074 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its stake in EMCOR Group by 21.3% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 429,623 shares of the construction company’s stock valued at $196,500,000 after acquiring an additional 75,578 shares in the last quarter. Institutional investors own 92.59% of the company’s stock.

EMCOR Group Stock Performance

Shares of NYSE:EME opened at $425.80 on Friday. The company has a market capitalization of $19.59 billion, a P/E ratio of 21.63 and a beta of 1.11. The company’s 50-day moving average is $470.50 and its 200 day moving average is $445.06. EMCOR Group, Inc. has a fifty-two week low of $247.24 and a fifty-two week high of $545.29.

EMCOR Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Thursday, January 16th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.23%. The ex-dividend date of this dividend was Thursday, January 16th. EMCOR Group’s payout ratio is 5.08%.

Analyst Upgrades and Downgrades

EME has been the subject of several recent analyst reports. Northcoast Research initiated coverage on shares of EMCOR Group in a research note on Friday, November 22nd. They issued a “buy” rating and a $600.00 target price for the company. StockNews.com downgraded shares of EMCOR Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday. Stifel Nicolaus began coverage on shares of EMCOR Group in a research note on Friday, November 15th. They issued a “buy” rating and a $600.00 price objective for the company. Finally, The Goldman Sachs Group initiated coverage on EMCOR Group in a research note on Friday, November 22nd. They issued a “sell” rating and a $445.00 target price on the stock. One analyst has rated the stock with a sell rating and four have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price 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.