Jmac Enterprises LLC Has $1 Million Holdings in Emerson Electric Co. (NYSE:EMR)

Jmac Enterprises LLC decreased its position in Emerson Electric Co. (NYSE:EMR) by 2.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,100 shares of the industrial products company’s stock after selling 200 shares during the period. Jmac Enterprises LLC’s holdings in Emerson Electric were worth $1,004,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of EMR. Capital Performance Advisors LLP bought a new stake in Emerson Electric in the third quarter worth approximately $25,000. Stephens Consulting LLC acquired a new position in shares of Emerson Electric during the 4th quarter valued at $25,000. Sugar Maple Asset Management LLC acquired a new stake in Emerson Electric in the fourth quarter worth $27,000. Darwin Wealth Management LLC acquired a new position in shares of Emerson Electric during the third quarter valued at about $29,000. Finally, YANKCOM Partnership acquired a new stake in shares of Emerson Electric in the 4th quarter valued at about $30,000. Institutional investors own 74.30% of the company’s stock.

Emerson Electric Trading Up 0.1 %

NYSE EMR opened at $126.94 on Wednesday. The stock has a market capitalization of $72.30 billion, a price-to-earnings ratio of 30.30, a PEG ratio of 2.16 and a beta of 1.34. The business’s fifty day moving average is $126.37 and its 200-day moving average is $116.88. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.54 and a quick ratio of 1.40. Emerson Electric Co. has a one year low of $96.62 and a one year high of $134.85.

Emerson Electric (NYSE:EMR) last released its earnings results on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.10. Emerson Electric had a net margin of 13.74% and a return on equity of 12.08%. Equities research analysts predict that Emerson Electric Co. will post 5.95 EPS for the current year.

Emerson Electric Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, February 14th will be paid a $0.5275 dividend. The ex-dividend date is Friday, February 14th. This represents a $2.11 annualized dividend and a dividend yield of 1.66%. Emerson Electric’s payout ratio is presently 50.36%.

Analysts Set New Price Targets

Several brokerages have issued reports on EMR. Daiwa Capital Markets assumed coverage on Emerson Electric in a report on Tuesday, January 28th. They issued an “outperform” rating and a $147.00 price target on the stock. Barclays increased their target price on Emerson Electric from $116.00 to $135.00 and gave the stock an “equal weight” rating in a report on Thursday, December 5th. UBS Group began coverage on shares of Emerson Electric in a research note on Wednesday, November 13th. They set a “neutral” rating and a $135.00 price target for the company. 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 note on Monday, December 9th. Finally, JPMorgan Chase & Co. decreased their target price 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 investment analyst has rated the stock with a sell rating, five have issued a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $136.90.

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.