Roman Butler Fullerton & Co. Has $1.55 Million Holdings in EMCOR Group, Inc. (NYSE:EME)

Roman Butler Fullerton & Co. cut its holdings in EMCOR Group, Inc. (NYSE:EME) by 18.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,592 shares of the construction company’s stock after selling 802 shares during the period. Roman Butler Fullerton & Co.’s holdings in EMCOR Group were worth $1,545,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of EME. True Wealth Design LLC grew its stake in EMCOR Group by 3,466.7% during the third quarter. True Wealth Design LLC now owns 107 shares of the construction company’s stock worth $46,000 after buying an additional 104 shares in the last quarter. Northwest Investment Counselors LLC acquired a new stake in EMCOR Group during the third quarter worth about $49,000. SJS Investment Consulting Inc. grew its stake in EMCOR Group by 494.7% during the fourth quarter. SJS Investment Consulting Inc. now owns 113 shares of the construction company’s stock worth $51,000 after buying an additional 94 shares in the last quarter. Prospera Private Wealth LLC acquired a new stake in EMCOR Group during the third quarter worth about $55,000. Finally, Harbor Capital Advisors Inc. acquired a new stake in EMCOR Group during the third quarter worth about $62,000. 92.59% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on EME. StockNews.com downgraded shares of EMCOR Group from a “strong-buy” rating to a “buy” rating in a research note on Wednesday. The Goldman Sachs Group initiated coverage on shares of EMCOR Group in a research note on Friday, November 22nd. They set a “sell” rating and a $445.00 price objective on the stock. 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 price target on the stock. Finally, Stifel Nicolaus initiated coverage on shares of EMCOR Group in a research note on Friday, November 15th. They issued a “buy” rating and a $600.00 price target on the stock. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $518.75.

EMCOR Group Price Performance

Shares of NYSE EME opened at $425.80 on Friday. The company has a 50 day simple moving average of $472.17 and a 200 day simple moving average of $444.03. The firm has a market cap of $19.59 billion, a PE ratio of 21.63 and a beta of 1.11. EMCOR Group, Inc. has a 1 year low of $247.24 and a 1 year high of $545.29.

EMCOR Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Thursday, January 16th were issued a $0.25 dividend. The ex-dividend date was Thursday, January 16th. This represents a $1.00 dividend on an annualized basis and a yield of 0.23%. EMCOR Group’s dividend payout ratio (DPR) is presently 5.08%.

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.