Blue Square Asset Management LLC Buys 507 Shares of Emerson Electric Co. (NYSE:EMR)

Blue Square Asset Management LLC grew its position in Emerson Electric Co. (NYSE:EMR) by 2.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 20,440 shares of the industrial products company’s stock after purchasing an additional 507 shares during the period. Emerson Electric comprises approximately 1.3% of Blue Square Asset Management LLC’s holdings, making the stock its 29th biggest holding. Blue Square Asset Management LLC’s holdings in Emerson Electric were worth $2,533,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Sugar Maple Asset Management LLC bought a new stake in shares of Emerson Electric during the fourth quarter worth $27,000. Capital Performance Advisors LLP acquired a new position in Emerson Electric during the 3rd quarter worth about $25,000. Darwin Wealth Management LLC bought a new stake in Emerson Electric during the 3rd quarter worth about $29,000. Frazier Financial Advisors LLC bought a new position in shares of Emerson Electric in the third quarter worth about $33,000. Finally, Morton Brown Family Wealth LLC acquired a new position in shares of Emerson Electric during the third quarter worth approximately $33,000. Institutional investors own 74.30% of the company’s stock.

Insider Activity

In other news, SVP Michael H. Train sold 21,525 shares of the business’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 sale, the senior vice president now directly owns 262,408 shares in the company, valued at $33,052,911.68. The trade was a 7.58 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.50% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. UBS Group initiated coverage on shares of Emerson Electric in a report on Wednesday, November 13th. They issued a “neutral” rating and a $135.00 price target for the company. Barclays boosted their target price on Emerson Electric from $116.00 to $135.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 5th. Robert W. Baird lifted their price objective on Emerson Electric from $117.00 to $118.00 and gave the stock a “neutral” rating in a research report on Monday, November 4th. Jefferies Financial Group assumed coverage on shares of Emerson Electric in a research report on Thursday, December 12th. They set a “buy” rating and a $160.00 target price on the stock. Finally, JPMorgan Chase & Co. lowered their price target on shares of Emerson Electric from $137.00 to $135.00 and set a “neutral” rating for the company in a research report on Wednesday, January 15th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $135.89.

Emerson Electric Trading Down 0.4 %

NYSE EMR opened at $130.62 on Friday. Emerson Electric Co. has a one year low of $91.64 and a one year high of $134.85. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.77 and a quick ratio of 1.40. The firm has a market cap of $74.39 billion, a P/E ratio of 38.19, a P/E/G ratio of 2.22 and a beta of 1.35. The stock’s 50-day moving average is $127.10 and its 200-day moving average is $115.91.

Emerson Electric Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Friday, November 15th were paid a $0.5275 dividend. The ex-dividend date was Friday, November 15th. This represents a $2.11 dividend on an annualized basis and a yield of 1.62%. This is a positive change from Emerson Electric’s previous quarterly dividend of $0.53. Emerson Electric’s payout ratio is presently 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.