Ipsen Advisor Group LLC Invests $399,000 in Emerson Electric Co. (NYSE:EMR)

Ipsen Advisor Group LLC bought a new stake in Emerson Electric Co. (NYSE:EMR) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 3,221 shares of the industrial products company’s stock, valued at approximately $399,000.

Other institutional investors also recently bought and sold shares of the company. Stephens Consulting LLC purchased a new stake in shares of Emerson Electric during the 4th quarter worth approximately $25,000. Sugar Maple Asset Management LLC purchased a new stake in Emerson Electric during the fourth quarter valued at about $27,000. Murphy & Mullick Capital Management Corp purchased a new position in shares of Emerson Electric in the 4th quarter valued at $28,000. YANKCOM Partnership acquired a new position in shares of Emerson Electric during the fourth quarter worth about $30,000. Finally, Fiduciary Advisors Inc. purchased a new position in shares of Emerson Electric in the fourth quarter valued at $35,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Emerson Electric Stock Down 0.1 %

EMR opened at $115.21 on Wednesday. Emerson Electric Co. has a 12 month low of $96.62 and a 12 month high of $134.85. 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 company has a market cap of $64.97 billion, a PE ratio of 27.50, a price-to-earnings-growth ratio of 2.49 and a beta of 1.36. The company has a 50 day moving average of $121.44 and a 200 day moving average of $119.50.

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 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%. On average, sell-side analysts expect 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 was paid on Monday, March 10th. Stockholders of record on Friday, February 14th were given a $0.5275 dividend. This represents a $2.11 annualized dividend and a dividend yield of 1.83%. The ex-dividend date was Friday, February 14th. Emerson Electric’s dividend payout ratio is presently 50.36%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Jefferies Financial Group started coverage on Emerson Electric in a report on Thursday, December 12th. They issued a “buy” rating and a $160.00 price target for the company. Daiwa America upgraded Emerson Electric to a “strong-buy” rating in a research report on Tuesday, January 28th. Wells Fargo & Company upped their price target on shares of Emerson Electric from $140.00 to $142.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Loop Capital increased their target price on shares of Emerson Electric from $130.00 to $155.00 and gave the stock a “buy” rating in a research report on Monday, December 2nd. Finally, Barclays cut Emerson Electric from an “equal weight” rating to an “underweight” rating and cut their price objective for the stock from $135.00 to $110.00 in a research report on Monday, March 10th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $136.22.

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.