Revisor Wealth Management LLC Has $571,000 Holdings in Emerson Electric Co. (NYSE:EMR)

Revisor Wealth Management LLC increased its stake in Emerson Electric Co. (NYSE:EMR - Free Report) by 86.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,211 shares of the industrial products company's stock after acquiring an additional 2,417 shares during the period. Revisor Wealth Management LLC's holdings in Emerson Electric were worth $571,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in EMR. Vanguard Group Inc. lifted its stake in Emerson Electric by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 53,536,974 shares of the industrial products company's stock valued at $6,634,837,000 after purchasing an additional 384,313 shares during the last quarter. Geode Capital Management LLC lifted its stake in Emerson Electric by 2.0% during the fourth 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 purchasing an additional 232,540 shares during the last quarter. Norges Bank purchased a new stake in shares of Emerson Electric in the 4th quarter valued at approximately $885,886,000. Northern Trust Corp lifted its position in shares of Emerson Electric by 5.9% in the 4th quarter. Northern Trust Corp now owns 6,676,168 shares of the industrial products company's stock valued at $827,377,000 after acquiring an additional 370,560 shares in the last quarter. Finally, Schroder Investment Management Group lifted its position in shares of Emerson Electric by 4.1% in the 4th quarter. Schroder Investment Management Group now owns 4,376,492 shares of the industrial products company's stock valued at $542,379,000 after acquiring an additional 171,946 shares in the last quarter. 74.30% of the stock is currently owned by institutional investors.

Insider Transactions at Emerson Electric

In other news, CEO Surendralal Lanca Karsanbhai sold 16,698 shares of the stock in a transaction 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 transaction, the chief executive officer now owns 164,957 shares in the company, valued at $18,694,576.81. This represents a 9.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.50% of the stock is currently owned by company insiders.

Emerson Electric Stock Down 0.5%

EMR stock traded down $0.65 during midday trading on Friday, reaching $119.27. The company had a trading volume of 4,057,167 shares, compared to its average volume of 2,931,099. Emerson Electric Co. has a 1 year low of $90.06 and a 1 year high of $134.85. 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 capitalization of $67.09 billion, a P/E ratio of 28.47, a PEG ratio of 2.49 and a beta of 1.26. The company has a 50 day moving average of $108.64 and a two-hundred day moving average of $118.75.

Emerson Electric (NYSE:EMR - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The industrial products company reported $1.48 EPS for the quarter, topping the consensus estimate of $1.41 by $0.07. Emerson Electric had a net margin of 13.74% and a return on equity of 12.08%. The company had revenue of $4.43 billion for the quarter, compared to analyst estimates of $4.42 billion. During the same quarter in the prior year, the business posted $1.36 EPS. Emerson Electric's quarterly revenue was up 1.3% on a year-over-year basis. On average, equities research analysts expect that Emerson Electric Co. will post 5.96 earnings per share for the current fiscal year.

Emerson Electric Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Friday, May 16th will be paid a dividend of $0.5275 per share. The ex-dividend date of this dividend is Friday, May 16th. This represents a $2.11 annualized dividend and a dividend yield of 1.77%. Emerson Electric's dividend payout ratio (DPR) is 50.48%.

Wall Street Analysts Forecast Growth

EMR has been the subject of several research analyst reports. Barclays upped their price target on shares of Emerson Electric from $104.00 to $112.00 and gave the company an "underweight" rating in a research report on Friday. Royal Bank of Canada upped their price target 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. Wells Fargo & Company upped their price target on shares of Emerson Electric from $121.00 to $135.00 and gave the company an "overweight" rating in a research report on Wednesday, May 21st. Citigroup upped their price target on shares of Emerson Electric from $119.00 to $127.00 and gave the company a "buy" rating in a research report on Thursday, May 8th. Finally, Wall Street Zen upgraded shares of Emerson Electric from a "hold" rating to a "buy" rating in a research report on Friday, May 9th. Two analysts have rated the stock with a sell rating, four have given a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $133.53.

About Emerson Electric

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.