Robeco Schweiz AG Takes Position in Emerson Electric Co. (NYSE:EMR)

Robeco Schweiz AG bought a new stake in Emerson Electric Co. (NYSE:EMR - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 52,825 shares of the industrial products company's stock, valued at approximately $5,792,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Orion Capital Management LLC purchased a new stake in shares of Emerson Electric during the fourth quarter worth $25,000. Vega Investment Solutions purchased a new position in Emerson Electric in the fourth quarter valued at $27,000. Murphy & Mullick Capital Management Corp purchased a new position in Emerson Electric in the fourth quarter valued at $28,000. Inlight Wealth Management LLC purchased a new position in Emerson Electric in the first quarter valued at $28,000. Finally, Fourth Dimension Wealth LLC increased its holdings in Emerson Electric by 145.3% in the first quarter. Fourth Dimension Wealth LLC now owns 260 shares of the industrial products company's stock valued at $29,000 after buying an additional 154 shares during the last quarter. Hedge funds and other institutional investors own 74.30% of the company's stock.

Insider Activity

In other news, CEO Surendralal Lanca Karsanbhai sold 16,698 shares of the business's stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of $113.33, for a total transaction of $1,892,384.34. Following the sale, the chief executive officer owned 164,957 shares in the company, valued at $18,694,576.81. The trade was a 9.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.50% of the stock is owned by corporate insiders.

Emerson Electric Price Performance

Shares of NYSE:EMR traded down $0.60 during trading on Friday, reaching $140.07. The company had a trading volume of 2,107,737 shares, compared to its average volume of 3,007,220. The firm's fifty day moving average is $124.48 and its 200 day moving average is $118.90. The firm has a market capitalization of $78.79 billion, a PE ratio of 33.51, a price-to-earnings-growth ratio of 2.73 and a beta of 1.29. Emerson Electric Co. has a twelve month low of $90.06 and a twelve month high of $142.32. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.59 and a current ratio of 0.80.

Emerson Electric (NYSE:EMR - Get Free Report) last released its earnings results on Wednesday, May 7th. The industrial products company reported $1.48 EPS for the quarter, topping analysts' consensus estimates of $1.41 by $0.07. Emerson Electric had a net margin of 13.60% and a return on equity of 13.22%. The business had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.42 billion. During the same period in the previous year, the firm earned $1.36 EPS. The business's revenue for the quarter was up 1.3% on a year-over-year basis. On average, equities analysts forecast that Emerson Electric Co. will post 5.96 EPS for the current year.

Emerson Electric Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Friday, May 16th were issued a dividend of $0.5275 per share. The ex-dividend date of this dividend was Friday, May 16th. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.51%. Emerson Electric's dividend payout ratio is currently 50.48%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on EMR shares. Barclays upped their price objective on shares of Emerson Electric from $118.00 to $125.00 and gave the company an "underweight" rating in a research note on Wednesday. Wells Fargo & Company increased their target price on shares of Emerson Electric from $135.00 to $150.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 1st. Royal Bank Of Canada raised their price objective on shares of Emerson Electric from $123.00 to $124.00 and gave the company an "outperform" rating in a research report on Thursday, May 8th. Bank of America increased their target price on shares of Emerson Electric from $130.00 to $155.00 and gave the company a "buy" rating in a report on Wednesday, July 2nd. Finally, Wall Street Zen raised shares of Emerson Electric from a "hold" rating to a "buy" rating in a report on Friday, May 9th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $139.83.

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.