Capital Market Strategies LLC Purchases 224 Shares of Emerson Electric Co. (NYSE:EMR)

Capital Market Strategies LLC increased its holdings in shares of Emerson Electric Co. (NYSE:EMR) by 5.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,300 shares of the industrial products company’s stock after acquiring an additional 224 shares during the period. Capital Market Strategies LLC’s holdings in Emerson Electric were worth $533,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in EMR. CWA Asset Management Group LLC lifted its stake in shares of Emerson Electric by 6.0% in the fourth quarter. CWA Asset Management Group LLC now owns 4,236 shares of the industrial products company’s stock worth $525,000 after buying an additional 238 shares in the last quarter. Nordea Investment Management AB boosted its stake in shares of Emerson Electric by 5.7% in the 4th quarter. Nordea Investment Management AB now owns 7,013,550 shares of the industrial products company’s stock worth $871,083,000 after buying an additional 375,470 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of Emerson Electric by 14.1% in the fourth quarter. GAMMA Investing LLC now owns 8,795 shares of the industrial products company’s stock worth $1,090,000 after acquiring an additional 1,090 shares during the period. Versant Capital Management Inc increased its position in shares of Emerson Electric by 100.9% during the 4th quarter. Versant Capital Management Inc now owns 4,461 shares of the industrial products company’s stock valued at $553,000 after purchasing an additional 2,240 shares during the last quarter. Finally, Principal Financial Group Inc. increased its holdings in Emerson Electric by 2.9% during the third quarter. Principal Financial Group Inc. now owns 812,976 shares of the industrial products company’s stock valued at $88,915,000 after buying an additional 23,205 shares during the last quarter. Institutional investors own 74.30% of the company’s stock.

Emerson Electric Stock Down 0.4 %

NYSE EMR traded down $0.50 during trading on Monday, reaching $122.94. 859,215 shares of the company’s stock traded hands, compared to its average volume of 1,429,902. The firm has a market cap of $70.02 billion, a price-to-earnings ratio of 35.95, a price-to-earnings-growth ratio of 2.20 and a beta of 1.35. The company’s 50 day simple moving average is $125.93 and its two-hundred day simple moving average is $114.44. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.77 and a quick ratio of 1.40. Emerson Electric Co. has a 12-month low of $91.64 and a 12-month high of $134.85.

Emerson Electric Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Friday, November 15th were issued a $0.5275 dividend. The ex-dividend date was Friday, November 15th. This is an increase from Emerson Electric’s previous quarterly dividend of $0.53. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.72%. Emerson Electric’s dividend payout ratio (DPR) is currently 61.70%.

Insiders Place Their Bets

In other news, SVP Michael H. Train sold 21,525 shares of the stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $125.96, for a total transaction of $2,711,289.00. Following the completion of the sale, the senior vice president now owns 262,408 shares in the company, valued at approximately $33,052,911.68. This represents a 7.58 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.50% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Oppenheimer lifted their price objective on Emerson Electric from $120.00 to $125.00 and gave the company an “outperform” rating in a research report on Thursday, September 26th. Royal Bank of Canada cut their price objective on shares of Emerson Electric from $139.00 to $138.00 and set an “outperform” rating for the company in a report on Wednesday, November 6th. Loop Capital boosted their target price on shares of Emerson Electric from $130.00 to $155.00 and gave the stock a “buy” rating in a report on Monday, December 2nd. BNP Paribas assumed coverage on Emerson Electric in a research note on Wednesday, November 13th. They set an “outperform” rating and a $155.00 price target for the company. Finally, Jefferies Financial Group assumed coverage on shares of Emerson Electric in a report on Thursday, December 12th. They issued a “buy” rating and a $160.00 target price on the stock. One research analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $134.58.

Emerson Electric Company Profile

Emerson Electric Co, a technology and software company, provides various solutions for customers in industrial, commercial, and consumer markets in the Americas, Asia, the Middle East, Africa, and Europe. It operates in six segments: Final Control, Control Systems & Software, Measurement & Analytical, AspenTech, Discrete Automation, and Safety & Productivity.