Dnca Finance Acquires New Holdings in Emerson Electric Co. (NYSE:EMR)

Dnca Finance acquired a new position in Emerson Electric Co. (NYSE:EMR - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 10,000 shares of the industrial products company's stock, valued at approximately $1,239,000.

Several other large investors have also made changes to their positions in the business. Stephens Consulting LLC acquired a new position in shares of Emerson Electric during the 4th quarter worth about $25,000. Sugar Maple Asset Management LLC acquired a new position in Emerson Electric in the 4th quarter valued at about $27,000. Murphy & Mullick Capital Management Corp acquired a new position in Emerson Electric in the fourth quarter valued at approximately $28,000. YANKCOM Partnership acquired a new stake in Emerson Electric during the fourth quarter worth $30,000. Finally, Fiduciary Advisors Inc. purchased a new position in shares of Emerson Electric during the 4th quarter worth $35,000. 74.30% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

EMR has been the subject of several research analyst reports. JPMorgan Chase & Co. lowered their target price on shares of Emerson Electric from $135.00 to $110.00 and set a "neutral" rating for the company in a research note on Tuesday, April 8th. Barclays cut their price objective on Emerson Electric from $105.00 to $99.00 and set an "underweight" rating on the stock in a report on Thursday, April 10th. StockNews.com upgraded shares of Emerson Electric from a "hold" rating to a "buy" rating in a report on Wednesday. Citigroup reduced their price target on Emerson Electric from $132.00 to $119.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Finally, Morgan Stanley increased their target price on Emerson Electric from $105.00 to $112.00 and gave the company an "underweight" rating in a report on Thursday, February 6th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $131.67.

Emerson Electric Trading Up 3.7 %

EMR stock traded up $3.76 on Thursday, hitting $104.83. 1,484,710 shares of the company were exchanged, compared to its average volume of 2,923,625. The stock has a market capitalization of $59.11 billion, a price-to-earnings ratio of 25.01, a price-to-earnings-growth ratio of 2.49 and a beta of 1.28. 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 fifty day moving average is $110.03 and its two-hundred day moving average is $118.72. Emerson Electric Co. has a twelve month low of $90.06 and a twelve month high of $134.85.

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

Emerson Electric Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Friday, February 14th were given a $0.5275 dividend. This represents a $2.11 annualized dividend and a yield of 2.01%. The ex-dividend date of this dividend was Friday, February 14th. Emerson Electric's dividend payout ratio is presently 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.