Jaffetilchin Investment Partners LLC Has $670,000 Position in Emerson Electric Co. (NYSE:EMR)

Jaffetilchin Investment Partners LLC lifted its stake in Emerson Electric Co. (NYSE:EMR) by 23.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,403 shares of the industrial products company’s stock after acquiring an additional 1,010 shares during the quarter. Jaffetilchin Investment Partners LLC’s holdings in Emerson Electric were worth $670,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Stephens Consulting LLC bought a new stake in Emerson Electric in the fourth quarter worth approximately $25,000. Sugar Maple Asset Management LLC bought a new stake in Emerson Electric in the fourth quarter worth $27,000. Murphy & Mullick Capital Management Corp acquired a new position in Emerson Electric during the fourth quarter worth $28,000. YANKCOM Partnership acquired a new stake in shares of Emerson Electric in the fourth quarter worth about $30,000. Finally, Fiduciary Advisors Inc. bought a new stake in shares of Emerson Electric during the 4th quarter worth about $35,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Daiwa Capital Markets began coverage on Emerson Electric in a report on Tuesday, January 28th. They issued an “outperform” rating and a $147.00 target price for the company. Wells Fargo & Company upped their price objective on shares of Emerson Electric from $140.00 to $142.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. JPMorgan Chase & Co. dropped their target price on shares of Emerson Electric from $135.00 to $110.00 and set a “neutral” rating on the stock in a report on Tuesday. Citigroup started coverage on Emerson Electric in a research report on Monday, March 17th. They issued a “buy” rating and a $132.00 price target on the stock. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $138.00 price objective on shares of Emerson Electric in a research report on Thursday, February 6th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $132.39.

Emerson Electric Price Performance

Shares of Emerson Electric stock opened at $100.33 on Friday. Emerson Electric Co. has a twelve month low of $90.06 and a twelve month high of $134.85. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.17 and a current ratio of 1.54. The firm has a market cap of $56.57 billion, a P/E ratio of 23.94, a price-to-earnings-growth ratio of 2.49 and a beta of 1.28. The firm’s 50-day simple moving average is $114.17 and its 200-day simple moving average is $119.34.

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%. As a group, research analysts expect that Emerson Electric Co. will post 5.96 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Friday, February 14th were given a dividend of $0.5275 per share. This represents a $2.11 dividend on an annualized basis and a dividend yield of 2.10%. The ex-dividend date was Friday, February 14th. Emerson Electric’s dividend payout ratio (DPR) is currently 50.36%.

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.