Dupont Capital Management Corp Makes New Investment in Emerson Electric Co. (NYSE:EMR)

Dupont Capital Management Corp bought a new position in shares of Emerson Electric Co. (NYSE:EMR) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 50,097 shares of the industrial products company’s stock, valued at approximately $6,209,000.

A number of other large investors have also recently added to or reduced their stakes in the company. Daymark Wealth Partners LLC increased its holdings in Emerson Electric by 6.5% during the 4th quarter. Daymark Wealth Partners LLC now owns 66,261 shares of the industrial products company’s stock worth $8,212,000 after purchasing an additional 4,035 shares in the last quarter. Advisory Alpha LLC grew its holdings in shares of Emerson Electric by 15.1% in the 4th quarter. Advisory Alpha LLC now owns 2,218 shares of the industrial products company’s stock valued at $275,000 after acquiring an additional 291 shares in the last quarter. Missouri Trust & Investment Co grew its holdings in shares of Emerson Electric by 3.4% in the 4th quarter. Missouri Trust & Investment Co now owns 6,779 shares of the industrial products company’s stock valued at $840,000 after acquiring an additional 220 shares in the last quarter. Dakota Wealth Management grew its holdings in shares of Emerson Electric by 11.7% in the 4th quarter. Dakota Wealth Management now owns 7,971 shares of the industrial products company’s stock valued at $988,000 after acquiring an additional 838 shares in the last quarter. Finally, Nisa Investment Advisors LLC grew its holdings in shares of Emerson Electric by 0.8% in the 4th quarter. Nisa Investment Advisors LLC now owns 199,650 shares of the industrial products company’s stock valued at $24,743,000 after acquiring an additional 1,565 shares in the last quarter. Institutional investors own 74.30% of the company’s stock.

Insider Transactions at Emerson Electric

In other Emerson Electric news, SVP Michael H. Train sold 21,525 shares of the company’s stock in a transaction dated 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 owns 262,408 shares of the company’s stock, valued at $33,052,911.68. This represents a 7.58 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.50% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. UBS Group assumed coverage on Emerson Electric in a report on Wednesday, November 13th. They issued a “neutral” rating and a $135.00 price objective for the company. Deutsche Bank Aktiengesellschaft raised their target price on shares of Emerson Electric from $136.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. Stephens downgraded shares of Emerson Electric from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $135.00 to $120.00 in a research note on Wednesday, October 16th. BNP Paribas assumed coverage on shares of Emerson Electric in a research report on Wednesday, November 13th. They set an “outperform” rating and a $155.00 price objective for the company. Finally, Oppenheimer raised their price objective on shares of Emerson Electric from $120.00 to $125.00 and gave the stock an “outperform” rating in a research report on Thursday, September 26th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat.com, Emerson Electric presently has a consensus rating of “Moderate Buy” and an average target price of $135.89.

Emerson Electric Trading Up 0.4 %

Shares of EMR stock opened at $130.02 on Thursday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.40 and a current ratio of 1.77. 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 cap of $74.05 billion, a PE ratio of 38.02, a P/E/G ratio of 2.13 and a beta of 1.35. The stock’s fifty day moving average price is $126.98 and its two-hundred day moving average price is $115.55.

Emerson Electric Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Friday, November 15th were issued a dividend of $0.5275 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.62%. This is a boost from Emerson Electric’s previous quarterly dividend of $0.53. Emerson Electric’s payout ratio is 61.70%.

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.