Emerson Electric Co. (NYSE:EMR) Shares Bought by Advisory Alpha LLC

Advisory Alpha LLC boosted its position in shares of Emerson Electric Co. (NYSE:EMR) by 15.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 2,218 shares of the industrial products company’s stock after acquiring an additional 291 shares during the quarter. Advisory Alpha LLC’s holdings in Emerson Electric were worth $275,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Sugar Maple Asset Management LLC purchased a new stake in shares of Emerson Electric in the fourth quarter worth about $27,000. Capital Performance Advisors LLP purchased a new stake in shares of Emerson Electric in the third quarter worth about $25,000. Darwin Wealth Management LLC purchased a new stake in shares of Emerson Electric in the third quarter worth about $29,000. Frazier Financial Advisors LLC purchased a new stake in shares of Emerson Electric in the third quarter worth about $33,000. Finally, Morton Brown Family Wealth LLC purchased a new stake in shares of Emerson Electric in the third quarter worth about $33,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on EMR shares. Royal Bank of Canada lowered their target price on Emerson Electric from $139.00 to $138.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 6th. Robert W. Baird upped their price target on Emerson Electric from $117.00 to $118.00 and gave the stock a “neutral” rating in a report on Monday, November 4th. UBS Group initiated coverage on Emerson Electric in a report on Wednesday, November 13th. They issued a “neutral” rating and a $135.00 price target for the company. Loop Capital upped their price target on Emerson Electric from $130.00 to $155.00 and gave the stock a “buy” rating in a report on Monday, December 2nd. Finally, Jefferies Financial Group initiated coverage on Emerson Electric in a report on Thursday, December 12th. They issued a “buy” rating and a $160.00 price target for the company. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat, Emerson Electric has an average rating of “Moderate Buy” and a consensus target price of $135.89.

Insider Buying and Selling

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

Emerson Electric Price Performance

NYSE:EMR opened at $131.20 on Friday. Emerson Electric Co. has a one year low of $91.64 and a one year high of $134.85. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.40 and a current ratio of 1.77. The stock has a market cap of $74.72 billion, a PE ratio of 38.36, a P/E/G ratio of 2.21 and a beta of 1.35. The stock has a 50 day moving average price of $126.98 and a 200 day moving average price of $115.65.

Emerson Electric Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Friday, November 15th were given a $0.5275 dividend. This represents a $2.11 annualized dividend and a yield of 1.61%. This is a positive change from Emerson Electric’s previous quarterly dividend of $0.53. The ex-dividend date was Friday, November 15th. Emerson Electric’s dividend payout ratio is presently 61.70%.

Emerson Electric 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.