Tower Research Capital LLC TRC Grows Stock Holdings in Emerson Electric Co. (NYSE:EMR)

Tower Research Capital LLC TRC lifted its position in shares of Emerson Electric Co. (NYSE:EMR - Free Report) by 213.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,533 shares of the industrial products company's stock after purchasing an additional 26,930 shares during the quarter. Tower Research Capital LLC TRC's holdings in Emerson Electric were worth $4,899,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Royal Bank of Canada reiterated an "outperform" rating and issued a $138.00 target price on shares of Emerson Electric in a research report on Thursday, February 6th. KeyCorp dropped their price objective 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. JPMorgan Chase & Co. decreased their price target on Emerson Electric from $135.00 to $110.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 8th. Barclays lowered their price objective on shares of Emerson Electric from $105.00 to $99.00 and set an "underweight" rating for the company in a research report on Thursday, April 10th. Finally, Daiwa America upgraded shares of Emerson Electric to a "strong-buy" rating in a research note on Tuesday, January 28th. Two analysts have rated the stock with a sell rating, four have given a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $131.67.

Emerson Electric Stock Up 0.2 %

NYSE:EMR traded up $0.19 during midday trading on Friday, hitting $105.24. 2,636,051 shares of the company were exchanged, compared to its average volume of 2,936,578. The company has a current ratio of 1.54, a quick ratio of 1.17 and a debt-to-equity ratio of 0.25. Emerson Electric Co. has a fifty-two week low of $90.06 and a fifty-two week high of $134.85. The company has a market capitalization of $59.34 billion, a PE ratio of 25.12, a price-to-earnings-growth ratio of 2.49 and a beta of 1.28. The company has a fifty day simple moving average of $109.27 and a 200 day simple moving average of $118.63.

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

Emerson Electric Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Friday, February 14th were given a dividend of $0.5275 per share. The ex-dividend date was Friday, February 14th. This represents a $2.11 dividend on an annualized basis and a dividend yield of 2.00%. Emerson Electric's dividend payout ratio (DPR) is presently 50.36%.

Emerson Electric 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.