Emcor Group Inc (NYSE:EME) Chairman Anthony Guzzi sold 12,314 shares of Emcor Group stock in a transaction on Thursday, April 18th. The shares were sold at an average price of $78.07, for a total value of $961,353.98. Following the completion of the transaction, the chairman now owns 394,190 shares of the company’s stock, valued at $30,774,413.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Anthony Guzzi also recently made the following trade(s):

  • On Thursday, April 4th, Anthony Guzzi sold 7,232 shares of Emcor Group stock. The shares were sold at an average price of $75.06, for a total value of $542,833.92.
  • On Monday, April 1st, Anthony Guzzi sold 1,000 shares of Emcor Group stock. The shares were sold at an average price of $75.00, for a total value of $75,000.00.

Shares of NYSE EME opened at $79.80 on Wednesday. The firm has a market capitalization of $4.46 billion, a PE ratio of 16.25, a P/E/G ratio of 1.01 and a beta of 1.15. Emcor Group Inc has a fifty-two week low of $57.29 and a fifty-two week high of $82.04. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.38 and a quick ratio of 1.35.

Emcor Group (NYSE:EME) last announced its quarterly earnings results on Thursday, February 21st. The construction company reported $1.38 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.35 by $0.03. The company had revenue of $2.23 billion during the quarter, compared to analysts’ expectations of $2.05 billion. Emcor Group had a return on equity of 16.51% and a net margin of 3.49%. The firm’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period in the previous year, the business earned $1.13 earnings per share. As a group, equities research analysts predict that Emcor Group Inc will post 5.25 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Thursday, April 18th will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.40%. The ex-dividend date of this dividend is Wednesday, April 17th. Emcor Group’s dividend payout ratio is 6.52%.

Several equities analysts have recently weighed in on the company. ValuEngine upgraded Emcor Group from a “sell” rating to a “hold” rating in a research report on Wednesday, March 20th. Maxim Group reiterated a “hold” rating and issued a $73.00 price target (up from $68.00) on shares of Emcor Group in a research report on Wednesday, March 6th. Finally, Zacks Investment Research upgraded Emcor Group from a “hold” rating to a “strong-buy” rating and set a $75.00 price target for the company in a research report on Thursday, January 31st.

Large investors have recently bought and sold shares of the stock. Harel Insurance Investments & Financial Services Ltd. bought a new stake in Emcor Group during the fourth quarter valued at $25,000. ETF Managers Group LLC boosted its stake in Emcor Group by 17.8% during the fourth quarter. ETF Managers Group LLC now owns 1,703 shares of the construction company’s stock valued at $102,000 after buying an additional 257 shares during the period. Ffcm LLC boosted its stake in Emcor Group by 1,699.1% during the fourth quarter. Ffcm LLC now owns 2,015 shares of the construction company’s stock valued at $120,000 after buying an additional 1,903 shares during the period. NumerixS Investment Technologies Inc bought a new stake in Emcor Group during the fourth quarter valued at $142,000. Finally, Quantamental Technologies LLC bought a new stake in Emcor Group during the fourth quarter valued at $167,000. 95.49% of the stock is owned by institutional investors.

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Emcor Group Company Profile

EMCOR Group, Inc provides electrical and mechanical construction, and facilities services in the United States. The company designs, integrates, installs, starts-up, operates, and maintains electric power transmission and distribution systems; premises electrical and lighting systems; process instrumentation in the refining, chemical and food processing, and mining industries; low-voltage, voice and data communications, fire protection, water and wastewater treatment, controls and filtration, central plant heating and cooling, plumbing, process, and piping systems; roadway and transit lighting, and fiber-optic lines; and heating, ventilation, air conditioning, refrigeration, and clean-room process ventilation systems, as well as offers crane, rigging, and millwright; and steel fabrication, erection, and welding services.

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Insider Buying and Selling by Quarter for Emcor Group (NYSE:EME)

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