Emerson Electric Co. (NYSE:EMR) Shares Purchased by Alesco Advisors LLC

Alesco Advisors LLC grew its position in shares of Emerson Electric Co. (NYSE:EMR) by 9.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,619 shares of the industrial products company’s stock after acquiring an additional 219 shares during the quarter. Alesco Advisors LLC’s holdings in Emerson Electric were worth $325,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EMR. Swedbank AB increased its stake in Emerson Electric by 127.3% during the third quarter. Swedbank AB now owns 2,544,439 shares of the industrial products company’s stock worth $278,285,000 after acquiring an additional 1,424,800 shares during the last quarter. Howard Capital Management Group LLC increased its stake in Emerson Electric by 10.6% during the third quarter. Howard Capital Management Group LLC now owns 1,878 shares of the industrial products company’s stock worth $205,000 after acquiring an additional 180 shares during the last quarter. Focus Financial Network Inc. increased its stake in Emerson Electric by 3.6% during the third quarter. Focus Financial Network Inc. now owns 3,733 shares of the industrial products company’s stock worth $408,000 after acquiring an additional 128 shares during the last quarter. Gladstone Institutional Advisory LLC grew its stake in shares of Emerson Electric by 3.6% in the third quarter. Gladstone Institutional Advisory LLC now owns 5,068 shares of the industrial products company’s stock valued at $554,000 after buying an additional 175 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its stake in shares of Emerson Electric by 8.4% in the third quarter. Farther Finance Advisors LLC now owns 9,346 shares of the industrial products company’s stock valued at $1,022,000 after buying an additional 727 shares in the last quarter. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Emerson Electric Trading Up 1.4 %

NYSE:EMR opened at $121.62 on Monday. The company has a quick ratio of 1.17, a current ratio of 1.54 and a debt-to-equity ratio of 0.25. The business’s 50 day moving average is $124.57 and its two-hundred day moving average is $118.28. Emerson Electric Co. has a 52 week low of $96.62 and a 52 week high of $134.85. The company has a market cap of $68.58 billion, a PE ratio of 29.03, a P/E/G ratio of 2.49 and a beta of 1.34.

Emerson Electric (NYSE:EMR) last released its 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 return on equity of 12.08% and a net margin of 13.74%. On average, analysts predict that Emerson Electric Co. will post 5.96 EPS for the current year.

Emerson Electric Announces Dividend

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

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on EMR. Jefferies Financial Group began coverage on Emerson Electric in a research note on Thursday, December 12th. They issued a “buy” rating and a $160.00 target price for the company. StockNews.com upgraded Emerson Electric from a “hold” rating to a “buy” rating in a research note on Friday, February 7th. Deutsche Bank Aktiengesellschaft increased their target price on Emerson Electric from $136.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. Daiwa America upgraded Emerson Electric to a “strong-buy” rating in a research note on Tuesday, January 28th. Finally, KeyCorp increased their target price on Emerson Electric from $140.00 to $158.00 and gave the company an “overweight” rating in a research note on Monday, December 9th. 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 given a strong buy rating to the stock. According to data from MarketBeat.com, Emerson Electric has a consensus rating of “Moderate Buy” and a consensus target price of $136.90.

Emerson Electric Company 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.