Chilton Capital Management LLC Has $28.06 Million Holdings in Emerson Electric Co. (NYSE:EMR)

Chilton Capital Management LLC grew its holdings in shares of Emerson Electric Co. (NYSE:EMR - Free Report) by 3.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 255,940 shares of the industrial products company's stock after acquiring an additional 9,499 shares during the period. Chilton Capital Management LLC's holdings in Emerson Electric were worth $28,061,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of EMR. Stokes Family Office LLC raised its position in shares of Emerson Electric by 94.8% during the 4th quarter. Stokes Family Office LLC now owns 9,206 shares of the industrial products company's stock valued at $1,141,000 after acquiring an additional 4,480 shares in the last quarter. Clark Capital Management Group Inc. raised its holdings in shares of Emerson Electric by 7.7% during the fourth quarter. Clark Capital Management Group Inc. now owns 6,042 shares of the industrial products company's stock worth $749,000 after purchasing an additional 434 shares during the period. World Investment Advisors lifted its position in shares of Emerson Electric by 41.2% in the 4th quarter. World Investment Advisors now owns 20,823 shares of the industrial products company's stock worth $2,581,000 after buying an additional 6,079 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Emerson Electric by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 11,685,615 shares of the industrial products company's stock valued at $1,443,725,000 after buying an additional 232,540 shares during the last quarter. Finally, StoneX Group Inc. raised its stake in Emerson Electric by 23.5% during the fourth quarter. StoneX Group Inc. now owns 32,927 shares of the industrial products company's stock worth $4,081,000 after acquiring an additional 6,264 shares during the period. 74.30% of the stock is owned by hedge funds and other institutional investors.

Emerson Electric Trading Up 0.3%

Shares of EMR traded up $0.40 during midday trading on Tuesday, hitting $138.80. The stock had a trading volume of 3,312,511 shares, compared to its average volume of 3,003,602. The business has a 50-day simple moving average of $123.09 and a two-hundred day simple moving average of $118.64. The firm has a market cap of $78.08 billion, a P/E ratio of 33.21, a price-to-earnings-growth ratio of 2.69 and a beta of 1.29. The company has a current ratio of 0.80, a quick ratio of 0.59 and a debt-to-equity ratio of 0.42. Emerson Electric Co. has a fifty-two week low of $90.06 and a fifty-two week high of $139.90.

Emerson Electric (NYSE:EMR - Get Free Report) last posted its quarterly earnings data 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. The firm had revenue of $4.43 billion during the quarter, compared to analyst estimates of $4.42 billion. Emerson Electric had a net margin of 13.60% and a return on equity of 13.22%. The company's revenue was up 1.3% on a year-over-year basis. During the same quarter last year, the business posted $1.36 EPS. As a group, equities analysts forecast that Emerson Electric Co. will post 5.96 EPS for the current year.

Emerson Electric Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Friday, May 16th were paid a dividend of $0.5275 per share. The ex-dividend date of this dividend was Friday, May 16th. This represents a $2.11 annualized dividend and a yield of 1.52%. Emerson Electric's dividend payout ratio (DPR) is presently 50.48%.

Insider Buying and Selling at Emerson Electric

In related news, CEO Surendralal Lanca Karsanbhai sold 16,698 shares of the firm'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 completion of the sale, the chief executive officer directly owned 164,957 shares in the company, valued at approximately $18,694,576.81. This trade represents a 9.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.50% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on EMR shares. TD Cowen initiated coverage on shares of Emerson Electric in a report on Monday. They set a "buy" rating and a $150.00 price target for the company. Citigroup upped their price objective on shares of Emerson Electric from $133.00 to $146.00 and gave the stock a "buy" rating in a report on Wednesday, June 4th. Wells Fargo & Company raised their target price on shares of Emerson Electric from $135.00 to $150.00 and gave the company an "overweight" rating in a research note on Tuesday, July 1st. Royal Bank Of Canada boosted their price target on shares of Emerson Electric from $123.00 to $124.00 and gave the stock an "outperform" rating in a research report on Thursday, May 8th. Finally, Barclays raised their price objective on shares of Emerson Electric from $112.00 to $118.00 and gave the company an "underweight" rating in a research note on Monday, June 9th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $139.21.

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.