GWN Securities Inc. Buys New Holdings in Emerson Electric Co. (NYSE:EMR)

GWN Securities Inc. bought a new stake in Emerson Electric Co. (NYSE:EMR) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,599 shares of the industrial products company’s stock, valued at approximately $470,000.

A number of other large investors have also modified their holdings of the company. Glenview Trust co raised its stake in shares of Emerson Electric by 1.2% in the fourth quarter. Glenview Trust co now owns 219,983 shares of the industrial products company’s stock valued at $27,262,000 after purchasing an additional 2,516 shares in the last quarter. Sovereign Investment Advisors LLC acquired a new position in shares of Emerson Electric in the fourth quarter valued at $363,000. Corient Private Wealth LLC grew its position in Emerson Electric by 0.5% in the fourth quarter. Corient Private Wealth LLC now owns 963,780 shares of the industrial products company’s stock valued at $119,441,000 after acquiring an additional 5,224 shares during the period. Natixis Advisors LLC grew its position in Emerson Electric by 8.7% in the fourth quarter. Natixis Advisors LLC now owns 360,988 shares of the industrial products company’s stock valued at $44,737,000 after acquiring an additional 29,022 shares during the period. Finally, Van Strum & Towne Inc. grew its position in Emerson Electric by 0.7% in the fourth quarter. Van Strum & Towne Inc. now owns 46,659 shares of the industrial products company’s stock valued at $5,782,000 after acquiring an additional 341 shares during the period. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Emerson Electric Price Performance

Shares of EMR opened at $112.11 on Monday. The company has a current ratio of 1.54, a quick ratio of 1.17 and a debt-to-equity ratio of 0.25. Emerson Electric Co. has a 1 year low of $96.62 and a 1 year high of $134.85. The stock has a market cap of $63.22 billion, a P/E ratio of 26.76, a price-to-earnings-growth ratio of 2.49 and a beta of 1.36. The stock’s 50-day moving average price is $122.37 and its two-hundred day moving average price is $118.96.

Emerson Electric (NYSE:EMR) last issued its earnings results on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share (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%. On average, equities analysts predict that Emerson Electric Co. will post 5.96 earnings per share for the current year.

Emerson Electric Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Friday, February 14th were issued a dividend of $0.5275 per share. This represents a $2.11 annualized dividend and a dividend yield of 1.88%. The ex-dividend date was Friday, February 14th. Emerson Electric’s dividend payout ratio (DPR) is presently 50.36%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on EMR shares. Loop Capital upped their price target on Emerson Electric from $130.00 to $155.00 and gave the company a “buy” rating in a research report on Monday, December 2nd. Morgan Stanley upped their price target on Emerson Electric from $105.00 to $112.00 and gave the company an “underweight” rating in a research report on Thursday, February 6th. Jefferies Financial Group started coverage on Emerson Electric in a research report on Thursday, December 12th. They issued a “buy” rating and a $160.00 price target on the stock. Royal Bank of Canada reiterated an “outperform” rating and issued a $138.00 price target on shares of Emerson Electric in a research report on Thursday, February 6th. Finally, Daiwa America upgraded Emerson Electric to a “strong-buy” rating in a report on Tuesday, January 28th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $136.28.

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.