Little House Capital LLC Acquires 57 Shares of EMCOR Group, Inc. (NYSE:EME)

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

A number of other hedge funds also recently modified their holdings of the business. Montag A & Associates Inc. raised its position in EMCOR Group by 13.0% during the 4th quarter. Montag A & Associates Inc. now owns 5,404 shares of the construction company’s stock worth $2,453,000 after purchasing an additional 621 shares during the last quarter. AustralianSuper Pty Ltd increased its stake in shares of EMCOR Group by 1,627.8% in the fourth quarter. AustralianSuper Pty Ltd now owns 44,440 shares of the construction company’s stock valued at $20,171,000 after buying an additional 41,868 shares during the period. Banque Pictet & Cie SA bought a new position in shares of EMCOR Group during the fourth quarter worth about $3,961,000. Arcus Capital Partners LLC raised its position in shares of EMCOR Group by 21.8% during the fourth quarter. Arcus Capital Partners LLC now owns 1,071 shares of the construction company’s stock worth $486,000 after acquiring an additional 192 shares during the last quarter. Finally, Asset Management One Co. Ltd. lifted its stake in shares of EMCOR Group by 16.3% in the fourth quarter. Asset Management One Co. Ltd. now owns 19,738 shares of the construction company’s stock worth $9,067,000 after acquiring an additional 2,770 shares during the period. Institutional investors and hedge funds own 92.59% of the company’s stock.

EMCOR Group Trading Down 0.4 %

EME opened at $425.80 on Friday. The company has a fifty day moving average price of $470.50 and a two-hundred day moving average price of $445.06. EMCOR Group, Inc. has a 1-year low of $247.24 and a 1-year high of $545.29. The company has a market cap of $19.59 billion, a P/E ratio of 21.63 and a beta of 1.11.

EMCOR Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Thursday, January 16th were paid a dividend of $0.25 per share. 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 dividend payout ratio (DPR) is currently 5.08%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Stifel Nicolaus assumed coverage on shares of EMCOR Group in a research report on Friday, November 15th. They set a “buy” rating and a $600.00 target price for the company. StockNews.com cut shares of EMCOR Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday. Northcoast Research initiated coverage on shares of EMCOR Group in a report on Friday, November 22nd. They issued a “buy” rating and a $600.00 target price on the stock. Finally, The Goldman Sachs Group initiated coverage on shares of EMCOR Group in a research report on Friday, November 22nd. They set a “sell” rating and a $445.00 price target on the stock. One research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average 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.