Aptus Capital Advisors LLC Boosts Holdings in Emerson Electric Co. (NYSE:EMR)

Aptus Capital Advisors LLC increased its holdings in shares of Emerson Electric Co. (NYSE:EMR - Free Report) by 83.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,112 shares of the industrial products company's stock after purchasing an additional 7,319 shares during the quarter. Aptus Capital Advisors LLC's holdings in Emerson Electric were worth $1,997,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in EMR. Franklin Resources Inc. grew its holdings in shares of Emerson Electric by 3.2% in the third quarter. Franklin Resources Inc. now owns 586,319 shares of the industrial products company's stock worth $66,043,000 after acquiring an additional 17,913 shares during the period. Principal Financial Group Inc. lifted its stake in shares of Emerson Electric by 2.9% in the 3rd quarter. Principal Financial Group Inc. now owns 812,976 shares of the industrial products company's stock worth $88,915,000 after purchasing an additional 23,205 shares during the period. Nordea Investment Management AB grew its position in Emerson Electric by 5.7% during the fourth quarter. Nordea Investment Management AB now owns 7,013,550 shares of the industrial products company's stock valued at $871,083,000 after buying an additional 375,470 shares during the period. CWA Asset Management Group LLC grew its position in shares of Emerson Electric by 6.0% during the 4th quarter. CWA Asset Management Group LLC now owns 4,236 shares of the industrial products company's stock valued at $525,000 after acquiring an additional 238 shares during the period. Finally, Capital Market Strategies LLC increased its position in Emerson Electric by 5.5% in the fourth quarter. Capital Market Strategies LLC now owns 4,300 shares of the industrial products company's stock worth $533,000 after buying an additional 224 shares in the last quarter. Hedge funds and other institutional investors own 74.30% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on EMR. KeyCorp dropped their target price on shares of Emerson Electric from $158.00 to $125.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. Wells Fargo & Company lifted their target price on Emerson Electric from $140.00 to $142.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. Barclays cut their price target on Emerson Electric from $105.00 to $99.00 and set an "underweight" rating for the company in a report on Thursday, April 10th. 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. Finally, Daiwa America upgraded shares of Emerson Electric to a "strong-buy" rating in a research report on Tuesday, January 28th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $131.67.

Emerson Electric Trading Up 0.1 %

EMR stock opened at $108.39 on Tuesday. 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 company has a market capitalization of $61.12 billion, a PE ratio of 25.87, a P/E/G ratio of 2.49 and a beta of 1.26. The firm's 50-day moving average is $107.40 and its 200 day moving average is $118.55. Emerson Electric Co. has a 12 month low of $90.06 and a 12 month high of $134.85.

Emerson Electric (NYSE:EMR - Get Free Report) last posted its earnings results on Wednesday, February 5th. The industrial products company reported $1.38 EPS for the quarter, beating analysts' consensus estimates 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, research analysts anticipate that Emerson Electric Co. will post 5.96 EPS for the current year.

Emerson Electric Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Friday, February 14th were issued a $0.5275 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.11 annualized dividend and a yield of 1.95%. Emerson Electric's dividend payout ratio (DPR) is presently 50.36%.

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.

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