Sandbox Financial Partners LLC Has $241,000 Position in Emerson Electric Co. (NYSE:EMR)

Sandbox Financial Partners LLC lifted its holdings in Emerson Electric Co. (NYSE:EMR) by 5.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,942 shares of the industrial products company’s stock after purchasing an additional 97 shares during the quarter. Sandbox Financial Partners LLC’s holdings in Emerson Electric were worth $241,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of EMR. Capital Performance Advisors LLP bought a new stake in shares of Emerson Electric in the third quarter worth $25,000. Darwin Wealth Management LLC acquired a new stake in Emerson Electric in the 3rd quarter valued at $29,000. Morton Brown Family Wealth LLC acquired a new position in shares of Emerson Electric during the 3rd quarter worth about $33,000. Frazier Financial Advisors LLC bought a new position in shares of Emerson Electric in the 3rd quarter valued at about $33,000. Finally, Catalyst Capital Advisors LLC acquired a new stake in shares of Emerson Electric in the third quarter valued at about $43,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on EMR shares. Oppenheimer raised their price target on Emerson Electric from $120.00 to $125.00 and gave the company an “outperform” rating in a research note on Thursday, September 26th. BNP Paribas started coverage on shares of Emerson Electric in a report on Wednesday, November 13th. They set an “outperform” rating and a $155.00 target price on the stock. Jefferies Financial Group started coverage on shares of Emerson Electric in a research note on Thursday, December 12th. They issued a “buy” rating and a $160.00 price target for the company. Barclays upped their target price on shares of Emerson Electric from $116.00 to $135.00 and gave the company an “equal weight” rating in a report on Thursday, December 5th. Finally, Loop Capital lifted 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. One analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $135.89.

Emerson Electric Stock Up 1.1 %

EMR opened at $124.65 on Friday. 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 fifty day moving average of $127.05 and a 200-day moving average of $115.22. Emerson Electric Co. has a fifty-two week low of $91.64 and a fifty-two week high of $134.85. The company has a market capitalization of $70.99 billion, a P/E ratio of 36.45, a P/E/G ratio of 1.98 and a beta of 1.35.

Emerson Electric Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Friday, November 15th were issued a $0.5275 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $2.11 dividend on an annualized basis and a yield of 1.69%. This is an increase from Emerson Electric’s previous quarterly dividend of $0.53. Emerson Electric’s payout ratio is currently 61.70%.

Insider Transactions at Emerson Electric

In other news, SVP Michael H. Train sold 21,525 shares of the stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $125.96, for a total transaction of $2,711,289.00. Following the sale, the senior vice president now directly owns 262,408 shares of the company’s stock, valued at approximately $33,052,911.68. This represents a 7.58 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.50% of the company’s stock.

About Emerson Electric

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.