Emerson Electric Co. (NYSE:EMR) Stock Holdings Boosted by Perbak Capital Partners LLP

Perbak Capital Partners LLP boosted its holdings in Emerson Electric Co. (NYSE:EMR - Free Report) by 1,006.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 49,445 shares of the industrial products company's stock after purchasing an additional 44,978 shares during the quarter. Emerson Electric comprises approximately 3.3% of Perbak Capital Partners LLP's portfolio, making the stock its 9th biggest position. Perbak Capital Partners LLP's holdings in Emerson Electric were worth $6,128,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Howard Capital Management Group LLC boosted its holdings in shares of Emerson Electric by 10.6% in the third quarter. Howard Capital Management Group LLC now owns 1,878 shares of the industrial products company's stock valued at $205,000 after acquiring an additional 180 shares during the period. Morse Asset Management Inc acquired a new stake in shares of Emerson Electric in the third quarter valued at approximately $123,000. Tudor Financial Inc. acquired a new stake in shares of Emerson Electric in the third quarter valued at approximately $355,000. Anchor Investment Management LLC boosted its holdings in shares of Emerson Electric by 4.4% in the third quarter. Anchor Investment Management LLC now owns 30,627 shares of the industrial products company's stock valued at $3,350,000 after acquiring an additional 1,297 shares during the period. Finally, World Investment Advisors LLC lifted its holdings in shares of Emerson Electric by 20.7% during the third quarter. World Investment Advisors LLC now owns 14,744 shares of the industrial products company's stock worth $1,613,000 after purchasing an additional 2,532 shares during the period. 74.30% of the stock is owned by institutional investors and hedge funds.

Emerson Electric Price Performance

Shares of NYSE:EMR traded up $0.73 on Thursday, hitting $105.84. The company had a trading volume of 2,687,185 shares, compared to its average volume of 2,933,712. 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 market cap of $59.68 billion, a PE ratio of 25.26, a PEG 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 business has a 50 day moving average of $107.85 and a 200 day moving average of $118.46.

Emerson Electric (NYSE:EMR - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share (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%. As a group, equities analysts anticipate that Emerson Electric Co. will post 5.96 earnings per share for the current fiscal 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 paid a dividend of $0.5275 per share. This represents a $2.11 annualized dividend and a dividend yield of 1.99%. The ex-dividend date of this dividend was Friday, February 14th. Emerson Electric's payout ratio is 50.36%.

Analyst Ratings Changes

Several brokerages recently weighed in on EMR. Daiwa Capital Markets began coverage on Emerson Electric in a report on Tuesday, January 28th. They set an "outperform" rating and a $147.00 price target for the company. Citigroup decreased their price target on Emerson Electric from $132.00 to $119.00 and set a "buy" rating for the company in a report on Monday, April 14th. Barclays decreased 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 reaffirmed an "outperform" rating and set a $138.00 price target on shares of Emerson Electric in a report on Thursday, February 6th. Finally, KeyCorp cut their price objective on Emerson Electric from $158.00 to $125.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Emerson Electric has an average rating of "Moderate Buy" and an average target price of $131.67.

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.