Emerson Electric Co. (NYSE:EMR) Shares Purchased by Ossiam

Ossiam increased its holdings in shares of Emerson Electric Co. (NYSE:EMR - Free Report) by 2,600.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 36,641 shares of the industrial products company's stock after buying an additional 35,284 shares during the period. Ossiam's holdings in Emerson Electric were worth $4,541,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Stephens Consulting LLC acquired a new position in Emerson Electric during the 4th quarter worth $25,000. Sugar Maple Asset Management LLC acquired a new stake in Emerson Electric in the fourth quarter valued at approximately $27,000. Murphy & Mullick Capital Management Corp purchased a new position in Emerson Electric in the fourth quarter worth approximately $28,000. YANKCOM Partnership acquired a new position in Emerson Electric during the 4th quarter worth approximately $30,000. Finally, Fiduciary Advisors Inc. acquired a new stake in shares of Emerson Electric in the 4th quarter valued at $35,000. Hedge funds and other institutional investors own 74.30% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on EMR. Barclays cut their price target on Emerson Electric from $105.00 to $99.00 and set an "underweight" rating on the stock in a research note on Thursday, April 10th. Daiwa Capital Markets began coverage on shares of Emerson Electric in a research note on Tuesday, January 28th. They issued an "outperform" rating and a $147.00 price target on the stock. Royal Bank of Canada restated an "outperform" rating and set a $138.00 price objective on shares of Emerson Electric in a research report on Thursday, February 6th. StockNews.com raised shares of Emerson Electric from a "hold" rating to a "buy" rating in a research report on Wednesday. Finally, 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 report on Tuesday, April 8th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $131.67.

Emerson Electric Price Performance

Shares of NYSE:EMR traded down $0.05 on Friday, reaching $105.00. 1,138,595 shares of the company were exchanged, compared to its average volume of 2,925,956. The company has a current ratio of 1.54, a quick ratio of 1.17 and a debt-to-equity ratio of 0.25. The company has a 50-day moving average of $109.67 and a 200-day moving average of $118.66. Emerson Electric Co. has a 1-year low of $90.06 and a 1-year high of $134.85. The firm has a market cap of $59.21 billion, a price-to-earnings ratio of 25.13, a price-to-earnings-growth ratio of 2.49 and a beta of 1.28.

Emerson Electric (NYSE:EMR - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.38 EPS for the quarter, beating the consensus estimate of $1.28 by $0.10. Emerson Electric had a net margin of 13.74% and a return on equity of 12.08%. Equities analysts forecast that Emerson Electric Co. will post 5.96 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Friday, February 14th were issued a dividend of $0.5275 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.11 dividend on an annualized basis and a dividend yield of 2.01%. Emerson Electric's dividend payout ratio (DPR) 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.