EMCOR Group, Inc. (NYSE:EME) Shares Bought by GW Henssler & Associates Ltd.

GW Henssler & Associates Ltd. boosted its stake in shares of EMCOR Group, Inc. (NYSE:EME) by 6,571.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 57,441 shares of the construction company’s stock after acquiring an additional 56,580 shares during the quarter. EMCOR Group accounts for 1.4% of GW Henssler & Associates Ltd.’s holdings, making the stock its 26th largest position. GW Henssler & Associates Ltd. owned approximately 0.12% of EMCOR Group worth $24,730,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. Matrix Trust Co acquired a new stake in shares of EMCOR Group during the 2nd quarter valued at about $26,000. Proffitt & Goodson Inc. acquired a new stake in EMCOR Group in the second quarter valued at approximately $27,000. Innealta Capital LLC purchased a new stake in shares of EMCOR Group in the second quarter valued at approximately $29,000. ORG Partners LLC acquired a new position in shares of EMCOR Group during the 2nd quarter worth approximately $31,000. Finally, ORG Wealth Partners LLC purchased a new position in shares of EMCOR Group during the 3rd quarter valued at approximately $33,000. 92.59% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently commented on EME. DA Davidson boosted their price target on shares of EMCOR Group from $410.00 to $430.00 and gave the stock a “buy” rating in a report on Friday, July 26th. StockNews.com raised shares of EMCOR Group from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, October 9th.

EMCOR Group Stock Performance

Shares of NYSE:EME traded up $0.22 during trading on Tuesday, reaching $431.78. The stock had a trading volume of 62,734 shares, compared to its average volume of 428,373. The business has a fifty day moving average price of $413.23 and a 200-day moving average price of $384.40. EMCOR Group, Inc. has a 1-year low of $203.57 and a 1-year high of $456.16. The stock has a market cap of $20.29 billion, a PE ratio of 28.49 and a beta of 1.07.

EMCOR Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 30th. Stockholders of record on Tuesday, October 15th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.23%. The ex-dividend date of this dividend is Tuesday, October 15th. EMCOR Group’s payout ratio is 6.60%.

EMCOR Group Company Profile

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.