Dividend Flows Don’t Lie: Can EMCOR Group, Inc. (NYSE:EME) truly back claims of $0.08 dividends by Oct 28, 2016?

Dividend Flows Don't Lie: Can EMCOR Group, Inc. (NYSE:EME) truly back claims of $0.08 dividends by Oct 28, 2016?

EMCOR Group, Inc. (NYSE:EME) is expected to pay $0.08 on Oct 28, 2016. The indicated annual dividend is $0.32. Shareholders owning the stock before Oct 13, 2016 will be eligible to receive the payout. Based on EMCOR Group, Inc.’s current price of $57.38, the dividend is 0.14%. This dividend’s record date is Oct 17, 2016 and the announcement date is Oct 4, 2016. The stock decreased 3.11% or $1.84 during the last trading session, hitting $57.38. Emcor Group Inc (NYSE:EME) has risen 22.71% since March 9, 2016 and is uptrending. It has outperformed by 15.30% the S&P500.

EMCOR Group, Inc. is an electrical and mechanical construction, and facilities services firm in the United States. The company has a market cap of $3.50 billion. The Firm provides a number of building services and industrial services. It has a 19.49 P/E ratio. The Company’s divisions are United States electrical construction and facilities services; United States mechanical construction and facilities services; United States building services; United States industrial services, and United Kingdom building services.

Insitutional Activity: The institutional sentiment decreased to 1.17 in 2016 Q2. Its down 0.02, from 1.19 in 2016Q1. The ratio fall, as 16 funds sold all Emcor Group Inc shares owned while 91 reduced positions. 37 funds bought stakes while 88 increased positions. They now own 58.07 million shares or 7.61% less from 62.85 million shares in 2016Q1.
Federated Investors Pa holds 0% or 34,025 shares in its portfolio. Metropolitan Life Ny has invested 0.02% of its portfolio in Emcor Group Inc (NYSE:EME). Moreover, Price T Rowe Assoc Incorporated Md has 0% invested in Emcor Group Inc (NYSE:EME) for 26,279 shares. Ladenburg Thalmann Fincl Incorporated has invested 0.01% of its portfolio in Emcor Group Inc (NYSE:EME). Amalgamated Fincl Bank holds 0.02% of its portfolio in Emcor Group Inc (NYSE:EME) for 7,490 shares. Emerald Mutual Fund Advisers last reported 0.02% of its portfolio in the stock. Arizona State Retirement Sys last reported 0.02% of its portfolio in the stock. Morgan Stanley accumulated 0% or 167,448 shares. Pacad Limited has invested 0.05% of its portfolio in Emcor Group Inc (NYSE:EME). Dean Cap Management accumulated 1.62% or 23,970 shares. Amg National Trust Retail Bank last reported 0.05% of its portfolio in the stock. S&T Bancorp Pa, a Pennsylvania-based fund reported 390,810 shares. Value Hldg Ltd Partnership holds 4.97% or 157,100 shares in its portfolio. Jupiter Asset Management owns 29,426 shares or 0.06% of their US portfolio. Bnp Paribas Arbitrage Sa holds 0.01% of its portfolio in Emcor Group Inc (NYSE:EME) for 29,125 shares.

Insider Transactions: Since April 29, 2016, the stock had 0 insider buys, and 4 sales for $1.06 million net activity. The insider BROWN DAVID A B sold $323,267. $310,191 worth of shares were sold by RYAN JERRY E on Friday, April 29. $78,097 worth of shares were sold by Mauricio Maxine Lum on Friday, August 5.

Emcor Group Inc (NYSE:EME) Ratings Coverage

Out of 3 analysts covering EMCOR Group (NYSE:EME), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. $57 is the highest target while $54 is the lowest. The $55.50 average target is -3.28% below today’s ($57.38) stock price. EMCOR Group has been the topic of 5 analyst reports since October 14, 2015 according to StockzIntelligence Inc. The firm earned “Neutral” rating on Friday, February 26 by DA Davidson. The firm earned “Buy” rating on Monday, May 2 by Stifel Nicolaus. The stock of Emcor Group Inc (NYSE:EME) has “Sector Weight” rating given on Tuesday, July 19 by KeyBanc Capital Markets. The rating was reinitiated by Stifel Nicolaus with “Buy” on Tuesday, January 5.

More important recent Emcor Group Inc (NYSE:EME) news were published by: Businesswire.com which released: “EMCOR Group, Inc. Announces Agreement to Acquire Ardent Services and Rabalais …” on March 21, 2016, also Businesswire.com published article titled: “EMCOR Group, Inc. Announces New Expanded Credit Agreement”, Businesswire.com published: “EMCOR Group, Inc. Companies Form Giant Human Pink Hard Hat Ribbons & Thousands …” on September 22, 2016. More interesting news about Emcor Group Inc (NYSE:EME) was released by: Businesswire.com and their article: “EMCOR Group, Inc. Presented 3rd Chairman’s Award for Good Work Practice in …” with publication date: May 11, 2016.

EME Company Profile

EMCOR Group, Inc. (EMCOR), incorporated on March 31, 1987, is an electrical and mechanical construction, and facilities services firm in the United States. The Firm provides a number of building services and industrial services. The Company’s divisions are United States electrical construction and facilities services; United States mechanical construction and facilities services; United States building services; United States industrial services, and United Kingdom building services. The Company’s services are provided to a range of commercial, industrial, utility and institutional clients through approximately 70 operating subsidiaries and joint venture entities. It specializes in providing construction services relating to electrical and mechanical systems in all types of non-residential and certain residential facilities and in providing various services relating to the operation, maintenance and management of facilities, including refineries and petrochemical plants.

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