Emerson Electric Co. (NYSE:EMR) Shares Purchased by Nelson Capital Management LLC

Nelson Capital Management LLC boosted its holdings in shares of Emerson Electric Co. (NYSE:EMR) by 1.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 24,472 shares of the industrial products company’s stock after buying an additional 252 shares during the quarter. Nelson Capital Management LLC’s holdings in Emerson Electric were worth $3,033,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of EMR. Stephens Consulting LLC purchased a new stake in shares of Emerson Electric during the 4th quarter worth approximately $25,000. Sugar Maple Asset Management LLC purchased a new position in shares of Emerson Electric during the fourth quarter worth about $27,000. Capital Performance Advisors LLP purchased a new stake in Emerson Electric during the 3rd quarter valued at approximately $25,000. YANKCOM Partnership acquired a new stake in Emerson Electric during the 4th quarter worth approximately $30,000. Finally, Darwin Wealth Management LLC acquired a new position in shares of Emerson Electric in the third quarter valued at approximately $29,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. StockNews.com raised Emerson Electric from a “hold” rating to a “buy” rating in a report on Friday, February 7th. Morgan Stanley upped their price objective on Emerson Electric from $105.00 to $112.00 and gave the company an “underweight” rating in a research report on Thursday, February 6th. Robert W. Baird increased their price target on Emerson Electric from $117.00 to $118.00 and gave the stock a “neutral” rating in a research note on Monday, November 4th. Daiwa America upgraded Emerson Electric to a “strong-buy” rating in a research note on Tuesday, January 28th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Emerson Electric from $137.00 to $135.00 and set a “neutral” rating for the company in a research note on Wednesday, January 15th. One analyst has rated the stock with a sell rating, five have issued a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $136.90.

Emerson Electric Price Performance

EMR stock opened at $119.68 on Wednesday. The company has a market capitalization of $67.49 billion, a PE ratio of 28.56, a P/E/G ratio of 2.49 and a beta of 1.34. The company has a quick ratio of 1.17, a current ratio of 1.54 and a debt-to-equity ratio of 0.25. Emerson Electric Co. has a 52-week low of $96.62 and a 52-week high of $134.85. The stock’s 50 day moving average is $124.72 and its two-hundred day moving average is $117.93.

Emerson Electric (NYSE:EMR) last issued its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.38 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.10. Emerson Electric had a return on equity of 12.08% and a net margin of 13.74%. Analysts predict that Emerson Electric Co. will post 5.96 earnings per share for the current fiscal year.

Emerson Electric Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Friday, February 14th will be issued a dividend of $0.5275 per share. This represents a $2.11 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date is Friday, February 14th. Emerson Electric’s payout ratio is 50.36%.

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.