TimesSquare Capital Management LLC reduced its stake in EMCOR Group, Inc. (NYSE:EME) by 5.8% in the third quarter, now holding 264,237 shares valued at $171.63 million, making it their largest position. Several other hedge funds have adjusted their holdings in EME, with institutional investors and hedge funds collectively owning 92.59% of the company’s stock. Analysts currently rate EMCOR Group with a “Moderate Buy” consensus and a target price of $698.83, while the company has also authorized a $500 million share repurchase program and increased its quarterly dividend.
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TimesSquare Capital Management LLC Has $171.63 Million Holdings in EMCOR Group, Inc. $EME
TimesSquare Capital Management LLC reduced its stake in EMCOR Group, Inc. (NYSE:EME) by 5.8% in the third quarter, now holding 264,237 shares valued at $171.63 million, making it their largest position. Several other hedge funds have adjusted their holdings in EME, with institutional investors and hedge funds collectively owning 92.59% of the company’s stock. Analysts currently rate EMCOR Group with a “Moderate Buy” consensus and a target price of $698.83, while the company has also authorized a $500 million share repurchase program and increased its quarterly dividend.