GHP Investment Advisors Inc. Raises Position in Emerson Electric Co. (NYSE:EMR)

GHP Investment Advisors Inc. lifted its holdings in Emerson Electric Co. (NYSE:EMR - Free Report) by 19.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 58,111 shares of the industrial products company's stock after purchasing an additional 9,585 shares during the quarter. GHP Investment Advisors Inc.'s holdings in Emerson Electric were worth $5,656,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Tobam increased its holdings in Emerson Electric by 2,275.0% during the fourth quarter. Tobam now owns 285 shares of the industrial products company's stock valued at $28,000 after buying an additional 273 shares during the last quarter. Resurgent Financial Advisors LLC bought a new position in Emerson Electric in the 4th quarter worth $32,000. Certified Advisory Corp bought a new position in Emerson Electric in the 1st quarter worth $34,000. Authentikos Wealth Advisory LLC bought a new position in Emerson Electric in the 3rd quarter worth $42,000. Finally, Rational Advisors LLC bought a new position in Emerson Electric in the 3rd quarter worth $42,000. Institutional investors own 74.30% of the company's stock.

Emerson Electric Trading Down 0.5 %

EMR traded down $0.56 on Thursday, hitting $113.52. The company had a trading volume of 1,629,601 shares, compared to its average volume of 2,705,174. The company has a market cap of $64.80 billion, a PE ratio of 5.91, a PEG ratio of 1.98 and a beta of 1.37. Emerson Electric Co. has a 12-month low of $76.94 and a 12-month high of $115.26. The company has a quick ratio of 0.80, a current ratio of 1.12 and a debt-to-equity ratio of 0.29. The business's fifty day simple moving average is $108.53 and its 200 day simple moving average is $98.19.

Emerson Electric (NYSE:EMR - Get Free Report) last announced its earnings results on Wednesday, February 7th. The industrial products company reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.18. Emerson Electric had a return on equity of 11.59% and a net margin of 69.33%. The business had revenue of $4.12 billion during the quarter, compared to analyst estimates of $3.91 billion. During the same quarter in the previous year, the business earned $0.78 earnings per share. The company's revenue for the quarter was up 22.1% compared to the same quarter last year. Equities research analysts expect that Emerson Electric Co. will post 5.4 EPS for the current year.

Emerson Electric Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Friday, February 16th were given a dividend of $0.525 per share. The ex-dividend date of this dividend was Thursday, February 15th. This represents a $2.10 annualized dividend and a dividend yield of 1.85%. Emerson Electric's dividend payout ratio (DPR) is presently 10.94%.

Insider Buying and Selling at Emerson Electric

In other news, Director Mark A. Blinn sold 2,413 shares of Emerson Electric stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $103.18, for a total transaction of $248,973.34. Following the completion of the sale, the director now owns 9,591 shares of the company's stock, valued at $989,599.38. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.25% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on EMR shares. Wells Fargo & Company raised their price target on Emerson Electric from $100.00 to $120.00 and gave the company an "overweight" rating in a report on Tuesday, December 19th. Citigroup raised their price target on Emerson Electric from $120.00 to $133.00 and gave the company a "buy" rating in a report on Monday. Barclays raised their price target on Emerson Electric from $95.00 to $105.00 and gave the company an "equal weight" rating in a report on Tuesday, April 2nd. UBS Group raised their price target on Emerson Electric from $95.00 to $120.00 and gave the company a "neutral" rating in a report on Thursday, March 21st. Finally, Royal Bank of Canada raised their price target on Emerson Electric from $106.00 to $120.00 and gave the company an "outperform" rating in a report on Thursday, February 8th. Three investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $114.89.

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.