Vista Investment Partners II LLC Makes New Investment in Emerson Electric Co. (NYSE:EMR)

Vista Investment Partners II LLC bought a new position in shares of Emerson Electric Co. (NYSE:EMR) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 1,806 shares of the industrial products company’s stock, valued at approximately $224,000.

Several other hedge funds have also recently modified their holdings of the company. GDS Wealth Management lifted its position in shares of Emerson Electric by 2.0% during the 4th quarter. GDS Wealth Management now owns 3,965 shares of the industrial products company’s stock worth $491,000 after buying an additional 79 shares in the last quarter. Mcdonald Partners LLC lifted its position in shares of Emerson Electric by 0.6% during the 4th quarter. Mcdonald Partners LLC now owns 14,207 shares of the industrial products company’s stock worth $1,761,000 after buying an additional 81 shares in the last quarter. Berkshire Bank lifted its position in shares of Emerson Electric by 3.6% during the 4th quarter. Berkshire Bank now owns 2,588 shares of the industrial products company’s stock worth $321,000 after buying an additional 89 shares in the last quarter. Little House Capital LLC lifted its position in shares of Emerson Electric by 0.5% during the 4th quarter. Little House Capital LLC now owns 17,009 shares of the industrial products company’s stock worth $2,108,000 after buying an additional 89 shares in the last quarter. Finally, Grove Bank & Trust lifted its position in shares of Emerson Electric by 5.4% during the 4th quarter. Grove Bank & Trust now owns 1,749 shares of the industrial products company’s stock worth $217,000 after buying an additional 90 shares in the last quarter. Institutional investors own 74.30% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on EMR shares. Daiwa Capital Markets started coverage on shares of Emerson Electric in a report on Tuesday, January 28th. They issued an “outperform” rating and a $147.00 price target on the stock. StockNews.com cut shares of Emerson Electric from a “buy” rating to a “hold” rating in a report on Monday. JPMorgan Chase & Co. lowered their price target on shares of Emerson Electric from $137.00 to $135.00 and set a “neutral” rating on the stock in a report on Wednesday, January 15th. Barclays cut shares of Emerson Electric from an “equal weight” rating to an “underweight” rating and lowered their price target for the stock from $135.00 to $110.00 in a report on Monday. Finally, Loop Capital lifted their price target 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. Two analysts have rated the stock with a sell rating, five have issued a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $136.28.

Emerson Electric Stock Down 5.8 %

EMR opened at $111.73 on Tuesday. The company has a fifty day moving average price of $123.39 and a 200-day moving average price of $118.78. The firm has a market capitalization of $63.00 billion, a P/E ratio of 26.66, a price-to-earnings-growth ratio of 2.49 and a beta of 1.36. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.54 and a quick ratio of 1.17. Emerson Electric Co. has a one year low of $96.62 and a one year high of $134.85.

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

Emerson Electric Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Friday, February 14th were given a $0.5275 dividend. The ex-dividend date was Friday, February 14th. This represents a $2.11 annualized dividend and a yield of 1.89%. Emerson Electric’s dividend payout ratio (DPR) is presently 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.