Archford Capital Strategies LLC Has $476,000 Holdings in Emerson Electric Co. (NYSE:EMR)

Archford Capital Strategies LLC grew its position in Emerson Electric Co. (NYSE:EMR) by 2.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,837 shares of the industrial products company’s stock after buying an additional 107 shares during the quarter. Archford Capital Strategies LLC’s holdings in Emerson Electric were worth $476,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in EMR. Thrivent Financial for Lutherans lifted its holdings in shares of Emerson Electric by 1.2% in the second quarter. Thrivent Financial for Lutherans now owns 29,956 shares of the industrial products company’s stock valued at $3,301,000 after purchasing an additional 347 shares in the last quarter. Public Sector Pension Investment Board boosted its position in Emerson Electric by 74.7% during the 2nd quarter. Public Sector Pension Investment Board now owns 22,077 shares of the industrial products company’s stock worth $2,432,000 after acquiring an additional 9,443 shares during the period. AQR Capital Management LLC grew its stake in Emerson Electric by 43.5% during the 2nd quarter. AQR Capital Management LLC now owns 47,192 shares of the industrial products company’s stock valued at $5,174,000 after acquiring an additional 14,301 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in shares of Emerson Electric by 0.8% in the second quarter. The Manufacturers Life Insurance Company now owns 756,776 shares of the industrial products company’s stock worth $83,359,000 after purchasing an additional 6,070 shares in the last quarter. Finally, Mackenzie Financial Corp boosted its holdings in shares of Emerson Electric by 1.1% during the second quarter. Mackenzie Financial Corp now owns 59,437 shares of the industrial products company’s stock worth $6,548,000 after purchasing an additional 621 shares during the period. 74.30% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, SVP Michael H. Train sold 21,525 shares of Emerson Electric stock in a transaction dated 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 $33,052,911.68. This trade represents a 7.58 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.50% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on EMR shares. BNP Paribas initiated coverage on shares of Emerson Electric in a research report on Wednesday, November 13th. They issued an “outperform” rating and a $155.00 target price for the company. Deutsche Bank Aktiengesellschaft lifted their price objective on Emerson Electric from $136.00 to $140.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. UBS Group began coverage on Emerson Electric in a research report on Wednesday, November 13th. They issued a “neutral” rating and a $135.00 target price on the stock. JPMorgan Chase & Co. lowered their price target on Emerson Electric from $137.00 to $135.00 and set a “neutral” rating for the company in a research note on Wednesday, January 15th. Finally, KeyCorp raised their price objective on shares of Emerson Electric from $140.00 to $158.00 and gave the company an “overweight” rating in a research report on Monday, December 9th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $135.89.

Emerson Electric Stock Performance

Shares of NYSE EMR opened at $130.62 on Monday. Emerson Electric Co. has a 12 month low of $91.64 and a 12 month high of $134.85. The company has a quick ratio of 1.40, a current ratio of 1.77 and a debt-to-equity ratio of 0.26. The company 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 business’s 50 day moving average is $127.10 and its two-hundred day moving average is $115.95.

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 issued a $0.5275 dividend. The ex-dividend date was Friday, November 15th. This is an increase from Emerson Electric’s previous quarterly dividend of $0.53. This represents a $2.11 dividend on an annualized basis and a yield of 1.62%. Emerson Electric’s dividend payout ratio is 61.70%.

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.