Brinker Capital Inc. lifted its stake in Emcor Group Inc (NYSE:EME) by 12.5% during the fourth quarter, HoldingsChannel reports. The fund owned 23,872 shares of the construction company’s stock after acquiring an additional 2,661 shares during the quarter. Brinker Capital Inc.’s holdings in Emcor Group were worth $1,425,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of Emcor Group in the 4th quarter valued at approximately $25,000. ETF Managers Group LLC increased its position in Emcor Group by 17.8% in the 4th quarter. ETF Managers Group LLC now owns 1,703 shares of the construction company’s stock worth $102,000 after buying an additional 257 shares during the period. Ffcm LLC increased its position in Emcor Group by 1,699.1% in the 4th quarter. Ffcm LLC now owns 2,015 shares of the construction company’s stock worth $120,000 after buying an additional 1,903 shares during the period. NumerixS Investment Technologies Inc bought a new position in Emcor Group in the 4th quarter worth approximately $142,000. Finally, Quantamental Technologies LLC bought a new position in Emcor Group in the 4th quarter worth approximately $167,000. 93.93% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSE EME opened at $73.51 on Thursday. The company has a current ratio of 1.38, a quick ratio of 1.35 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $4.12 billion, a price-to-earnings ratio of 14.99, a price-to-earnings-growth ratio of 0.93 and a beta of 1.15. Emcor Group Inc has a 12 month low of $57.29 and a 12 month high of $82.04.

Emcor Group (NYSE:EME) last issued its quarterly earnings results on Thursday, February 21st. The construction company reported $1.38 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.35 by $0.03. The company had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $2.05 billion. Emcor Group had a return on equity of 16.51% and a net margin of 3.49%. The company’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period in the previous year, the business posted $1.13 EPS. On average, research analysts forecast that Emcor Group Inc will post 5.25 earnings per share for the current fiscal year.

Several research analysts have commented on the company. ValuEngine raised Emcor Group from a “sell” rating to a “hold” rating in a research report on Wednesday. Zacks Investment Research raised Emcor Group from a “hold” rating to a “strong-buy” rating and set a $75.00 price target on the stock in a research report on Thursday, January 31st. Finally, Maxim Group reaffirmed 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.

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About Emcor Group

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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Institutional Ownership by Quarter for Emcor Group (NYSE:EME)

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