Vontobel Holding Ltd. Buys 8,971 Shares of Emerson Electric Co. (NYSE:EMR)

Vontobel Holding Ltd. increased its stake in Emerson Electric Co. (NYSE:EMR) by 5.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 171,546 shares of the industrial products company’s stock after buying an additional 8,971 shares during the quarter. Vontobel Holding Ltd.’s holdings in Emerson Electric were worth $21,260,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Capital Performance Advisors LLP purchased a new stake in Emerson Electric in the third quarter worth $25,000. Stephens Consulting LLC purchased a new stake in Emerson Electric in the fourth quarter worth $25,000. Sugar Maple Asset Management LLC purchased a new stake in Emerson Electric in the fourth quarter worth $27,000. Darwin Wealth Management LLC purchased a new stake in Emerson Electric in the third quarter worth $29,000. Finally, YANKCOM Partnership purchased a new stake in Emerson Electric in the fourth quarter worth $30,000. 74.30% of the stock is currently owned by institutional investors.

Emerson Electric Price Performance

Shares of NYSE EMR opened at $123.30 on Friday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.40 and a current ratio of 1.54. The company has a market cap of $70.22 billion, a PE ratio of 29.43, a P/E/G ratio of 2.16 and a beta of 1.34. The business has a 50-day simple moving average of $125.89 and a two-hundred day simple moving average of $117.06. Emerson Electric Co. has a fifty-two week low of $96.62 and a fifty-two week high of $134.85.

Emerson Electric (NYSE:EMR) last issued its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.10. Emerson Electric had a return on equity of 12.08% and a net margin of 13.74%. As a group, equities analysts expect that Emerson Electric Co. will post 5.95 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Friday, February 14th will be issued a dividend of $0.5275 per share. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date of this dividend is Friday, February 14th. Emerson Electric’s dividend payout ratio (DPR) is 50.36%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. BNP Paribas assumed coverage on Emerson Electric in a research note on Wednesday, November 13th. They issued an “outperform” rating and a $155.00 target price on the stock. StockNews.com upgraded Emerson Electric from a “hold” rating to a “buy” rating in a research note on Friday, February 7th. Barclays raised their price target on Emerson Electric from $116.00 to $135.00 and gave the company an “equal weight” rating in a research note on Thursday, December 5th. Robert W. Baird raised their price target on Emerson Electric from $117.00 to $118.00 and gave the company a “neutral” rating in a research note on Monday, November 4th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on Emerson Electric from $136.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $136.90.

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.