Atria Investments Inc Invests $1.03 Million in EMCOR Group, Inc. (NYSE:EME)

Atria Investments Inc acquired a new position in EMCOR Group, Inc. (NYSE:EMEFree Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,901 shares of the construction company’s stock, valued at approximately $1,031,000.

Other large investors also recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. grew its holdings in EMCOR Group by 5.9% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 2,426 shares of the construction company’s stock valued at $273,000 after purchasing an additional 135 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in EMCOR Group by 3.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 5,156 shares of the construction company’s stock valued at $580,000 after purchasing an additional 189 shares in the last quarter. Bank of Montreal Can grew its holdings in EMCOR Group by 3.4% during the 1st quarter. Bank of Montreal Can now owns 8,037 shares of the construction company’s stock valued at $928,000 after purchasing an additional 264 shares in the last quarter. Acadian Asset Management LLC grew its holdings in EMCOR Group by 160.4% during the 1st quarter. Acadian Asset Management LLC now owns 4,828 shares of the construction company’s stock worth $543,000 after acquiring an additional 2,974 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in EMCOR Group by 10.5% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 19,561 shares of the construction company’s stock worth $2,203,000 after acquiring an additional 1,865 shares in the last quarter. Institutional investors and hedge funds own 92.57% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, KeyCorp began coverage on shares of EMCOR Group in a research report on Wednesday, January 10th. They issued a “sector weight” rating on the stock.

Check Out Our Latest Analysis on EMCOR Group

EMCOR Group Stock Up 1.5 %

EMCOR Group stock opened at $236.94 on Wednesday. The company’s 50-day moving average price is $218.17 and its two-hundred day moving average price is $213.88. The stock has a market cap of $11.15 billion, a price-to-earnings ratio of 20.66 and a beta of 1.02. The company has a current ratio of 1.26, a quick ratio of 1.22 and a debt-to-equity ratio of 0.04. EMCOR Group, Inc. has a 52 week low of $143.85 and a 52 week high of $237.21.

EMCOR Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 31st. Stockholders of record on Tuesday, January 16th were given a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.30%. The ex-dividend date was Friday, January 12th. EMCOR Group’s dividend payout ratio (DPR) is currently 6.28%.

EMCOR Group Company Profile

(Free Report)

EMCOR Group, Inc provides electrical and mechanical construction, and facilities services primarily in the United States and the United Kingdom. It offers design, integration, installation, start-up, operation, and maintenance services related to electrical power transmission, distribution, and generation systems; energy solutions; premises electrical and lighting systems; process instrumentation in the refining, chemical processing, and food processing industries; low-voltage systems, such as fire alarm, security, and process control systems; voice and data communications systems; roadway and transit lighting, signaling, and fiber optic lines; 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.

Read More

Institutional Ownership by Quarter for EMCOR Group (NYSE:EME)

Receive News & Ratings for EMCOR Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EMCOR Group and related companies with MarketBeat.com's FREE daily email newsletter.