Vanguard Group Inc. Has $1.71 Billion Holdings in EMCOR Group, Inc. (NYSE:EME)

Vanguard Group Inc. trimmed its position in shares of EMCOR Group, Inc. (NYSE:EME) by 0.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,877,710 shares of the construction company’s stock after selling 16,154 shares during the period. Vanguard Group Inc. owned 0.10% of EMCOR Group worth $1,708,174,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. Motco bought a new stake in shares of EMCOR Group in the 1st quarter valued at about $430,000. Twin Tree Management LP raised its stake in EMCOR Group by 16,955.6% in the first quarter. Twin Tree Management LP now owns 16,885 shares of the construction company’s stock valued at $5,913,000 after buying an additional 16,786 shares during the period. Blair William & Co. IL boosted its stake in shares of EMCOR Group by 30.8% during the 1st quarter. Blair William & Co. IL now owns 1,541 shares of the construction company’s stock worth $540,000 after acquiring an additional 363 shares during the period. Orion Portfolio Solutions LLC increased its holdings in shares of EMCOR Group by 0.9% during the 1st quarter. Orion Portfolio Solutions LLC now owns 17,973 shares of the construction company’s stock worth $6,294,000 after acquiring an additional 156 shares during the last quarter. Finally, HBK Sorce Advisory LLC bought a new position in shares of EMCOR Group in the first quarter valued at about $209,000. Institutional investors and hedge funds own 92.59% of the company’s stock.

Insider Buying and Selling at EMCOR Group

In other EMCOR Group news, Director Carol P. Lowe sold 1,245 shares of EMCOR Group stock in a transaction on Thursday, June 6th. The stock was sold at an average price of $374.23, for a total value of $465,916.35. Following the completion of the transaction, the director now directly owns 16,807 shares of the company’s stock, valued at approximately $6,289,683.61. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.26% of the company’s stock.

EMCOR Group Stock Performance

EME traded up $8.98 on Monday, reaching $372.59. The company had a trading volume of 107,564 shares, compared to its average volume of 458,830. The stock has a market cap of $17.51 billion, a P/E ratio of 23.98 and a beta of 1.06. EMCOR Group, Inc. has a fifty-two week low of $187.53 and a fifty-two week high of $401.98. The company’s fifty day moving average is $378.03 and its 200 day moving average is $326.30.

EMCOR Group (NYSE:EME) last posted its earnings results on Thursday, April 25th. The construction company reported $4.17 EPS for the quarter, beating the consensus estimate of $2.92 by $1.25. The company had revenue of $3.43 billion for the quarter. EMCOR Group had a return on equity of 30.38% and a net margin of 5.48%. On average, sell-side analysts expect that EMCOR Group, Inc. will post 16.3 EPS for the current year.

EMCOR Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 30th. Shareholders of record on Monday, July 15th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.27%. The ex-dividend date is Monday, July 15th. EMCOR Group’s dividend payout ratio (DPR) is 6.60%.

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.