Bolthouse Investments LLC Makes New $373,000 Investment in Emerson Electric Co. (NYSE:EMR)

Bolthouse Investments LLC purchased a new position in shares of Emerson Electric Co. (NYSE:EMR - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 3,010 shares of the industrial products company's stock, valued at approximately $373,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. GDS Wealth Management boosted its position in Emerson Electric by 2.0% in the 4th quarter. GDS Wealth Management now owns 3,965 shares of the industrial products company's stock valued at $491,000 after buying an additional 79 shares during the last quarter. Mcdonald Partners LLC boosted its stake in shares of Emerson Electric by 0.6% during the 4th quarter. Mcdonald Partners LLC now owns 14,207 shares of the industrial products company's stock valued at $1,761,000 after buying an additional 81 shares during the last quarter. Berkshire Bank increased its stake in shares of Emerson Electric by 3.6% in the fourth quarter. Berkshire Bank now owns 2,588 shares of the industrial products company's stock worth $321,000 after buying an additional 89 shares during the last quarter. Little House Capital LLC boosted its stake in Emerson Electric by 0.5% during the 4th quarter. Little House Capital LLC now owns 17,009 shares of the industrial products company's stock valued at $2,108,000 after acquiring an additional 89 shares during the last quarter. Finally, Grove Bank & Trust lifted its position in shares of Emerson Electric by 5.4% during the fourth quarter. Grove Bank & Trust now owns 1,749 shares of the industrial products company's stock worth $217,000 after purchasing an additional 90 shares during the last quarter. Hedge funds and other institutional investors own 74.30% of the company's stock.

Emerson Electric Trading Up 0.1 %

NYSE EMR traded up $0.06 on Wednesday, hitting $105.15. 3,842,061 shares of the stock were exchanged, compared to its average volume of 3,137,326. The company's 50-day moving average price is $108.48 and its two-hundred day moving average price is $118.60. The company has a market capitalization of $59.29 billion, a price-to-earnings ratio of 25.10, a P/E/G ratio of 2.49 and a beta of 1.28. Emerson Electric Co. has a 52-week low of $90.06 and a 52-week high of $134.85. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.54 and a quick ratio of 1.17.

Emerson Electric (NYSE:EMR - Get Free Report) last issued its earnings results on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share for the quarter, beating 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%. Research analysts predict that Emerson Electric Co. will post 5.96 EPS for the current year.

Emerson Electric Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Friday, February 14th were given a dividend of $0.5275 per share. The ex-dividend date was Friday, February 14th. This represents a $2.11 dividend on an annualized basis and a yield of 2.01%. Emerson Electric's payout ratio is 50.36%.

Analyst Ratings Changes

EMR has been the subject of several research reports. Barclays decreased their target price on Emerson Electric from $105.00 to $99.00 and set an "underweight" rating for the company in a research report on Thursday, April 10th. Daiwa America raised shares of Emerson Electric to a "strong-buy" rating in a report on Tuesday, January 28th. Citigroup reduced their price objective on Emerson Electric from $132.00 to $119.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Wells Fargo & Company lifted their target price on Emerson Electric from $140.00 to $142.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Finally, StockNews.com raised Emerson Electric from a "hold" rating to a "buy" rating in a report on Wednesday, April 23rd. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $131.67.

About Emerson Electric

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.