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EMCOR Group reported strong earnings and a new dividend, amid mixed investor activity.
In the fourth quarter, D.B.
Root & Company LLC sold some shares of construction company EMCOR Group, reducing its stake.
However, other investors like Mutual Advisors LLC and Janney Montgomery Scott LLC increased their holdings.
EMCOR Group reported strong earnings, beating estimates by $0.82, and announced a $0.25 quarterly dividend.
Analysts have given the stock a "Moderate Buy" rating with a target price of $518.75.
The company provides construction and facilities services, including power systems and HVAC.
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