MSH Capital Advisors LLC Invests $2.66 Million in Emerson Electric Co. (NYSE:EMR)

MSH Capital Advisors LLC purchased a new position in Emerson Electric Co. (NYSE:EMR - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 21,489 shares of the industrial products company's stock, valued at approximately $2,663,000.

Other institutional investors also recently bought and sold shares of the company. Norges Bank bought a new position in Emerson Electric in the fourth quarter worth approximately $885,886,000. Raymond James Financial Inc. purchased a new stake in Emerson Electric in the 4th quarter worth $297,947,000. Boston Partners increased its stake in Emerson Electric by 136.3% in the 4th quarter. Boston Partners now owns 3,316,466 shares of the industrial products company's stock worth $411,944,000 after acquiring an additional 1,913,120 shares during the last quarter. Fisher Asset Management LLC lifted its position in Emerson Electric by 234.2% during the fourth quarter. Fisher Asset Management LLC now owns 2,035,934 shares of the industrial products company's stock valued at $252,313,000 after purchasing an additional 1,426,718 shares during the last quarter. Finally, Sarasin & Partners LLP grew its stake in shares of Emerson Electric by 120.6% in the 4th quarter. Sarasin & Partners LLP now owns 1,766,230 shares of the industrial products company's stock worth $218,889,000 after buying an additional 965,731 shares in the last quarter. Institutional investors own 74.30% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on EMR shares. Barclays dropped their target price on Emerson Electric from $105.00 to $99.00 and set an "underweight" rating for the company in a report on Thursday, April 10th. Wells Fargo & Company increased their target price on shares of Emerson Electric from $140.00 to $142.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Daiwa America upgraded shares of Emerson Electric to a "strong-buy" rating in a report on Tuesday, January 28th. JPMorgan Chase & Co. cut their target price on Emerson Electric from $135.00 to $110.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 8th. Finally, Royal Bank of Canada reiterated an "outperform" rating and set a $138.00 target price on shares of Emerson Electric in a research report on Thursday, February 6th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $131.67.

Emerson Electric Price Performance

EMR traded down $3.63 during trading on Monday, reaching $95.94. 632,994 shares of the stock were exchanged, compared to its average volume of 2,912,459. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.54 and a quick ratio of 1.17. The business's 50 day moving average price is $111.55 and its two-hundred day moving average price is $119.08. Emerson Electric Co. has a 1 year low of $90.06 and a 1 year high of $134.85. The company has a market capitalization of $54.10 billion, a price-to-earnings ratio of 22.90, a P/E/G ratio of 2.49 and a beta of 1.28.

Emerson Electric (NYSE:EMR - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share (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, equities research analysts anticipate that Emerson Electric Co. will post 5.96 earnings per share for the current year.

Emerson Electric Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Friday, February 14th were paid a dividend of $0.5275 per share. This represents a $2.11 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date was Friday, February 14th. Emerson Electric's dividend payout ratio is currently 50.36%.

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.