UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 339,355 Shares of Emerson Electric Co. (NYSE:EMR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Emerson Electric Co. (NYSE:EMR - Free Report) by 9.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 3,862,749 shares of the industrial products company's stock after acquiring an additional 339,355 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.68% of Emerson Electric worth $478,710,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in EMR. Waverly Advisors LLC boosted its holdings in Emerson Electric by 29.8% during the fourth quarter. Waverly Advisors LLC now owns 24,372 shares of the industrial products company's stock valued at $3,020,000 after purchasing an additional 5,601 shares in the last quarter. Zurich Insurance Group Ltd FI bought a new position in shares of Emerson Electric during the 4th quarter worth approximately $3,003,000. Vident Advisory LLC boosted its stake in Emerson Electric by 4.5% in the 4th quarter. Vident Advisory LLC now owns 14,637 shares of the industrial products company's stock valued at $1,814,000 after buying an additional 633 shares in the last quarter. Visionary Wealth Advisors grew its position in Emerson Electric by 16.5% in the fourth quarter. Visionary Wealth Advisors now owns 45,957 shares of the industrial products company's stock valued at $5,695,000 after acquiring an additional 6,522 shares during the period. Finally, Waters Parkerson & CO. LLC bought a new position in shares of Emerson Electric during the fourth quarter valued at $1,608,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Emerson Electric Trading Up 0.6%

Shares of NYSE:EMR traded up $0.73 during trading on Monday, hitting $118.08. 4,430,913 shares of the company's stock were exchanged, compared to its average volume of 2,928,877. 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 firm has a market cap of $66.42 billion, a P/E ratio of 28.18, a PEG ratio of 2.49 and a beta of 1.26. The firm has a 50-day moving average price of $108.03 and a two-hundred day moving average price of $119.00. Emerson Electric Co. has a 1-year low of $90.06 and a 1-year high of $134.85.

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 13.74% and a return on equity of 12.08%. The firm had revenue of $4.43 billion during the quarter, compared to analyst estimates of $4.42 billion. During the same quarter in the previous year, the business earned $1.36 EPS. The business's quarterly revenue was up 1.3% compared to the same quarter last year. Equities analysts predict that Emerson Electric Co. will post 5.96 earnings per share for the current year.

Emerson Electric Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Friday, May 16th will be issued a dividend of $0.5275 per share. This represents a $2.11 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date is Friday, May 16th. Emerson Electric's dividend payout ratio is currently 50.48%.

Insider Buying and Selling at Emerson Electric

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 16,698 shares of the business's stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of $113.33, for a total value of $1,892,384.34. Following the completion of the transaction, the chief executive officer now directly owns 164,957 shares of the company's stock, valued at approximately $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 is accessible through the SEC website. Insiders own 0.50% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on EMR. Citigroup upped their target price on shares of Emerson Electric from $119.00 to $127.00 and gave the stock a "buy" rating in a report on Thursday, May 8th. Barclays upped their price objective on shares of Emerson Electric from $99.00 to $104.00 and gave the stock an "underweight" rating in a research note on Thursday, May 8th. Wells Fargo & Company lifted their target price on shares of Emerson Electric from $121.00 to $135.00 and gave the company an "overweight" rating in a research note on Wednesday, May 21st. KeyCorp dropped their price target on Emerson Electric from $158.00 to $125.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. Finally, Daiwa America upgraded Emerson Electric to a "strong-buy" rating in a research report on Tuesday, January 28th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Emerson Electric currently has an average rating of "Moderate Buy" and an average price target of $133.06.

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.