Focus Financial Network Inc. Has $658,000 Stake in Emerson Electric Co. (NYSE:EMR)

Focus Financial Network Inc. grew its position in Emerson Electric Co. (NYSE:EMR) by 42.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,306 shares of the industrial products company’s stock after buying an additional 1,573 shares during the quarter. Focus Financial Network Inc.’s holdings in Emerson Electric were worth $658,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Stephens Consulting LLC bought a new stake in Emerson Electric during the fourth quarter worth $25,000. Sugar Maple Asset Management LLC acquired a new position in shares of Emerson Electric during the 4th quarter worth $27,000. Capital Performance Advisors LLP bought a new stake in shares of Emerson Electric during the 3rd quarter worth $25,000. YANKCOM Partnership acquired a new stake in Emerson Electric in the fourth quarter valued at about $30,000. Finally, Darwin Wealth Management LLC bought a new position in Emerson Electric in the third quarter valued at about $29,000. Institutional investors own 74.30% of the company’s stock.

Emerson Electric Stock Performance

Shares of EMR opened at $124.45 on Thursday. The company has a current ratio of 1.54, a quick ratio of 1.40 and a debt-to-equity ratio of 0.25. The firm’s fifty day simple moving average is $126.24 and its two-hundred day simple moving average is $116.95. Emerson Electric Co. has a 12 month low of $96.62 and a 12 month high of $134.85. The stock has a market capitalization of $70.88 billion, a P/E ratio of 29.70, a price-to-earnings-growth ratio of 2.16 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 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, analysts predict that Emerson Electric Co. will post 5.95 EPS for the current year.

Emerson Electric Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Friday, February 14th will be paid a dividend of $0.5275 per share. This represents a $2.11 annualized dividend and a yield of 1.70%. The ex-dividend date is Friday, February 14th. Emerson Electric’s dividend payout ratio is presently 50.36%.

Wall Street Analyst Weigh In

EMR has been the topic of a number of research analyst reports. Robert W. Baird raised their price target on shares of Emerson Electric from $117.00 to $118.00 and gave the company a “neutral” rating in a research note on Monday, November 4th. Royal Bank of Canada restated an “outperform” rating and issued a $138.00 target price on shares of Emerson Electric in a research report on Thursday, February 6th. BNP Paribas assumed coverage on Emerson Electric in a research note on Wednesday, November 13th. They issued an “outperform” rating and a $155.00 price target for the company. Morgan Stanley boosted their price objective on Emerson Electric from $105.00 to $112.00 and gave the stock an “underweight” rating in a research report on Thursday, February 6th. Finally, Daiwa Capital Markets initiated coverage on Emerson Electric in a research report on Tuesday, January 28th. They issued an “outperform” rating and a $147.00 target price for the company. One research analyst has rated the stock with a sell rating, five have given a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price 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.