Emerson Electric Co. (NYSE:EMR) Shares Acquired by Elevated Capital Advisors LLC

Elevated Capital Advisors LLC boosted its holdings in shares of Emerson Electric Co. (NYSE:EMR) by 26.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 11,267 shares of the industrial products company’s stock after purchasing an additional 2,371 shares during the period. Elevated Capital Advisors LLC’s holdings in Emerson Electric were worth $1,396,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Acadian Asset Management LLC purchased a new position in shares of Emerson Electric in the 2nd quarter valued at approximately $2,043,000. Meeder Asset Management Inc. grew its position in Emerson Electric by 361.5% in the 2nd quarter. Meeder Asset Management Inc. now owns 300 shares of the industrial products company’s stock valued at $33,000 after buying an additional 235 shares during the last quarter. 1ST Source Bank increased its stake in Emerson Electric by 15.2% in the 2nd quarter. 1ST Source Bank now owns 7,198 shares of the industrial products company’s stock valued at $793,000 after buying an additional 948 shares during the period. Dai ichi Life Insurance Company Ltd raised its position in Emerson Electric by 104.7% during the 2nd quarter. Dai ichi Life Insurance Company Ltd now owns 70,441 shares of the industrial products company’s stock worth $7,760,000 after buying an additional 36,026 shares during the last quarter. Finally, Parallel Advisors LLC boosted its holdings in shares of Emerson Electric by 2.2% in the second quarter. Parallel Advisors LLC now owns 30,164 shares of the industrial products company’s stock valued at $3,323,000 after acquiring an additional 648 shares in the last quarter. 74.30% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Emerson Electric news, SVP Michael H. Train sold 21,525 shares of Emerson Electric stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $125.96, for a total value of $2,711,289.00. Following the transaction, the senior vice president now owns 262,408 shares in the company, valued at $33,052,911.68. This trade represents a 7.58 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.50% of the stock is currently owned by company insiders.

Emerson Electric Trading Up 0.5 %

Shares of EMR traded up $0.56 on Monday, hitting $118.50. 2,234,912 shares of the stock traded hands, compared to its average volume of 2,325,566. The firm has a market capitalization of $67.49 billion, a P/E ratio of 34.65, a P/E/G ratio of 2.19 and a beta of 1.35. The company has a quick ratio of 1.40, a current ratio of 1.77 and a debt-to-equity ratio of 0.26. Emerson Electric Co. has a 1 year low of $91.64 and a 1 year high of $134.85. The stock’s 50 day moving average is $127.08 and its two-hundred day moving average is $114.87.

Emerson Electric Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Friday, November 15th were given a $0.5275 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.78%. This is an increase from Emerson Electric’s previous quarterly dividend of $0.53. Emerson Electric’s payout ratio is currently 61.70%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Royal Bank of Canada reduced their price objective on shares of Emerson Electric from $139.00 to $138.00 and set an “outperform” rating for the company in a research report on Wednesday, November 6th. 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 increased their price objective on Emerson Electric from $117.00 to $118.00 and gave the stock a “neutral” rating in a research report on Monday, November 4th. Oppenheimer upped their price target on shares of Emerson Electric from $120.00 to $125.00 and gave the stock an “outperform” rating in a research note on Thursday, September 26th. Finally, Barclays upped their target price on shares of Emerson Electric from $116.00 to $135.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $134.84.

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.