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

Aptus Capital Advisors LLC grew its stake in shares of Emerson Electric Co. (NYSE:EMR - Free Report) by 83.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,112 shares of the industrial products company's stock after buying an additional 7,319 shares during the period. Aptus Capital Advisors LLC's holdings in Emerson Electric were worth $1,997,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of EMR. Stephens Consulting LLC purchased a new position in Emerson Electric in the 4th quarter worth approximately $25,000. Sugar Maple Asset Management LLC purchased a new position in Emerson Electric in the fourth quarter worth $27,000. Murphy & Mullick Capital Management Corp purchased a new stake in Emerson Electric during the fourth quarter valued at about $28,000. YANKCOM Partnership bought a new stake in Emerson Electric during the fourth quarter worth about $30,000. Finally, Fiduciary Advisors Inc. purchased a new position in shares of Emerson Electric in the 4th quarter worth about $35,000. 74.30% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO Surendralal Lanca Karsanbhai sold 16,698 shares of the business's stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of $113.33, for a total transaction of $1,892,384.34. Following the sale, the chief executive officer now owns 164,957 shares in the company, valued at approximately $18,694,576.81. The trade was a 9.19 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.50% of the company's stock.

Emerson Electric Trading Up 0.2 %

EMR traded up $0.17 during trading hours on Friday, reaching $112.55. 2,581,429 shares of the company's stock traded hands, compared to its average volume of 2,878,095. The company has a quick ratio of 1.17, a current ratio of 1.54 and a debt-to-equity ratio of 0.25. The firm has a 50-day moving average price of $106.79 and a 200 day moving average price of $118.51. Emerson Electric Co. has a 52-week low of $90.06 and a 52-week high of $134.85. The firm has a market capitalization of $63.31 billion, a PE ratio of 26.86, a PEG ratio of 2.49 and a beta of 1.26.

Emerson Electric (NYSE:EMR - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The industrial products company reported $1.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.41 by $0.07. The firm had revenue of $4.43 billion during the quarter, compared to analyst estimates of $4.42 billion. Emerson Electric had a return on equity of 12.08% and a net margin of 13.74%. Emerson Electric's quarterly revenue was up 1.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.36 earnings per share. As a group, sell-side analysts predict that Emerson Electric Co. will post 5.96 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Friday, May 16th will be issued a dividend of $0.5275 per share. This represents a $2.11 annualized dividend and a yield of 1.87%. The ex-dividend date is Friday, May 16th. Emerson Electric's payout ratio is 50.48%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on EMR. Daiwa America upgraded shares of Emerson Electric to a "strong-buy" rating in a report on Tuesday, January 28th. Wells Fargo & Company upped their price objective on shares of Emerson Electric from $110.00 to $121.00 and gave the company an "overweight" rating in a research note on Thursday. Daiwa Capital Markets started coverage on Emerson Electric in a research note on Tuesday, January 28th. They issued an "outperform" rating and a $147.00 target price on the stock. Citigroup upped their price target on Emerson Electric from $119.00 to $127.00 and gave the company a "buy" rating in a research report on Thursday. Finally, KeyCorp reduced their target price on Emerson Electric from $158.00 to $125.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Emerson Electric currently has an average rating of "Moderate Buy" and an average target price of $130.88.

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.