Union Bancaire Privee UBP SA Takes $1.84 Million Position in Emerson Electric Co. (NYSE:EMR)

Union Bancaire Privee UBP SA bought a new stake in Emerson Electric Co. (NYSE:EMR) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 15,532 shares of the industrial products company’s stock, valued at approximately $1,843,000.

Several other large investors also recently made changes to their positions in EMR. Capital Performance Advisors LLP acquired a new stake in shares of Emerson Electric in the 3rd quarter valued at about $25,000. Stephens Consulting LLC acquired a new stake in shares of Emerson Electric in the 4th quarter valued at about $25,000. Sugar Maple Asset Management LLC acquired a new stake in shares of Emerson Electric in the 4th quarter valued at about $27,000. Darwin Wealth Management LLC acquired a new stake in shares of Emerson Electric in the 3rd 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. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Emerson Electric Trading Down 2.3 %

NYSE:EMR opened at $121.88 on Monday. The company has a current ratio of 1.54, a quick ratio of 1.17 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $68.73 billion, a PE ratio of 29.09, a price-to-earnings-growth ratio of 2.49 and a beta of 1.34. The firm’s 50 day moving average is $125.08 and its 200 day moving average is $117.70. Emerson Electric Co. has a 12 month low of $96.62 and a 12 month high of $134.85.

Emerson Electric (NYSE:EMR) last posted its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.38 EPS for the quarter, topping 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%. Sell-side analysts expect that Emerson Electric Co. will post 5.96 earnings per share for the current year.

Emerson Electric Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Friday, February 14th will be issued a $0.5275 dividend. The ex-dividend date is Friday, February 14th. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.73%. Emerson Electric’s dividend payout ratio (DPR) is presently 50.36%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on EMR shares. Royal Bank of Canada reiterated an “outperform” rating and set a $138.00 price target on shares of Emerson Electric in a research note on Thursday, February 6th. Daiwa America upgraded Emerson Electric to a “strong-buy” rating in a research note on Tuesday, January 28th. Deutsche Bank Aktiengesellschaft lifted 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. Robert W. Baird lifted 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, Jefferies Financial Group started coverage on Emerson Electric in a research note on Thursday, December 12th. They set a “buy” rating and a $160.00 price target for the company. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently 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.