Transcend Capital Advisors LLC Has $591,000 Stake in Emerson Electric Co. (NYSE:EMR)

Transcend Capital Advisors LLC increased its holdings in shares of Emerson Electric Co. (NYSE:EMR) by 4.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,772 shares of the industrial products company’s stock after buying an additional 198 shares during the period. Transcend Capital Advisors LLC’s holdings in Emerson Electric were worth $591,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. GDS Wealth Management raised its stake in shares of Emerson Electric by 2.0% during the fourth quarter. GDS Wealth Management now owns 3,965 shares of the industrial products company’s stock worth $491,000 after buying an additional 79 shares during the last quarter. Mcdonald Partners LLC raised its stake in shares of Emerson Electric by 0.6% during the fourth quarter. Mcdonald Partners LLC now owns 14,207 shares of the industrial products company’s stock worth $1,761,000 after buying an additional 81 shares during the last quarter. Berkshire Bank raised its stake in shares of Emerson Electric by 3.6% during the fourth quarter. Berkshire Bank now owns 2,588 shares of the industrial products company’s stock worth $321,000 after buying an additional 89 shares during the last quarter. Little House Capital LLC raised its stake in shares of Emerson Electric by 0.5% during the fourth quarter. Little House Capital LLC now owns 17,009 shares of the industrial products company’s stock worth $2,108,000 after buying an additional 89 shares during the last quarter. Finally, Grove Bank & Trust raised its stake in shares of Emerson Electric by 5.4% during the fourth quarter. Grove Bank & Trust now owns 1,749 shares of the industrial products company’s stock worth $217,000 after buying an additional 90 shares during the last quarter. 74.30% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have commented on EMR shares. Loop Capital upped their target price on shares of Emerson Electric from $130.00 to $155.00 and gave the company a “buy” rating in a research note on Monday, December 2nd. JPMorgan Chase & Co. lowered 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 note on Wednesday, January 15th. Jefferies Financial Group started coverage on shares of Emerson Electric in a research note on Thursday, December 12th. They issued a “buy” rating and a $160.00 target price for the company. Morgan Stanley upped their target price on shares of Emerson Electric from $105.00 to $112.00 and gave the company an “underweight” rating in a research note on Thursday, February 6th. Finally, StockNews.com raised shares of Emerson Electric from a “hold” rating to a “buy” rating in a research note on Friday, February 7th. One analyst has rated the stock with a sell rating, five have given a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $136.90.

Emerson Electric Stock Performance

Shares of EMR opened at $121.88 on Friday. Emerson Electric Co. has a 12 month low of $96.62 and a 12 month high of $134.85. The firm has a fifty day simple moving average of $125.08 and a 200 day simple moving average of $117.57. The stock has a market capitalization of $68.73 billion, a price-to-earnings ratio of 29.09, a PEG ratio of 2.49 and a beta of 1.34. The company has a current ratio of 1.54, a quick ratio of 1.17 and a debt-to-equity ratio of 0.25.

Emerson Electric (NYSE:EMR) last announced its earnings results on Wednesday, February 5th. The industrial products company reported $1.38 EPS for the quarter, topping the consensus estimate of $1.28 by $0.10. Emerson Electric had a net margin of 13.74% and a return on equity of 12.08%. Research analysts forecast that Emerson Electric Co. will post 5.96 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The company also recently declared 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. This represents a $2.11 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date of this dividend is Friday, February 14th. Emerson Electric’s dividend payout ratio is currently 50.36%.

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.