Capital Advisors Inc. OK Boosts Stock Holdings in Emerson Electric Co. (NYSE:EMR)

Capital Advisors Inc. OK grew its holdings in Emerson Electric Co. (NYSE:EMR - Free Report) by 821.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 86,231 shares of the industrial products company's stock after purchasing an additional 76,868 shares during the quarter. Capital Advisors Inc. OK's holdings in Emerson Electric were worth $8,393,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of EMR. Moneta Group Investment Advisors LLC lifted its position in shares of Emerson Electric by 105,280.8% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 54,417,593 shares of the industrial products company's stock worth $5,227,354,000 after purchasing an additional 54,365,954 shares during the period. Norges Bank purchased a new stake in Emerson Electric during the fourth quarter valued at approximately $702,606,000. Morgan Stanley lifted its position in Emerson Electric by 28.4% during the fourth quarter. Morgan Stanley now owns 11,835,398 shares of the industrial products company's stock valued at $1,136,909,000 after acquiring an additional 2,621,089 shares during the last quarter. Adage Capital Partners GP L.L.C. lifted its position in Emerson Electric by 255.5% during the third quarter. Adage Capital Partners GP L.L.C. now owns 2,803,881 shares of the industrial products company's stock valued at $270,771,000 after acquiring an additional 2,015,232 shares during the last quarter. Finally, Nordea Investment Management AB lifted its position in Emerson Electric by 26.5% during the fourth quarter. Nordea Investment Management AB now owns 7,447,248 shares of the industrial products company's stock valued at $723,873,000 after acquiring an additional 1,558,903 shares during the last quarter. Hedge funds and other institutional investors own 74.30% of the company's stock.

Emerson Electric Stock Performance

NYSE EMR traded down $0.87 during mid-day trading on Friday, reaching $112.65. 1,981,072 shares of the stock were exchanged, compared to its average volume of 2,133,637. The business's 50 day moving average is $108.90 and its 200-day moving average is $98.31. Emerson Electric Co. has a 1 year low of $76.94 and a 1 year high of $115.26. The company has a market capitalization of $64.30 billion, a P/E ratio of 5.87, a P/E/G ratio of 1.96 and a beta of 1.37. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.80 and a current ratio of 1.12.

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

Emerson Electric Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Friday, February 16th were issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 1.86%. The ex-dividend date of this dividend was Thursday, February 15th. Emerson Electric's payout ratio is 10.94%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on EMR shares. Barclays increased their target price on shares of Emerson Electric from $95.00 to $105.00 and gave the company an "equal weight" rating in a research report on Tuesday, April 2nd. KeyCorp upped their price target on shares of Emerson Electric from $120.00 to $125.00 and gave the company an "overweight" rating in a research note on Thursday, February 8th. UBS Group upped their price target on shares of Emerson Electric from $95.00 to $120.00 and gave the company a "neutral" rating in a research note on Thursday, March 21st. Mizuho upped their price target on shares of Emerson Electric from $118.00 to $130.00 and gave the company a "buy" rating in a research note on Thursday, February 8th. Finally, Bank of America upped their price target on shares of Emerson Electric from $120.00 to $130.00 and gave the company a "buy" rating in a research note on Monday, March 4th. Three equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $115.47.

Insider Buying and Selling at Emerson Electric

In other Emerson Electric news, Director Mark A. Blinn sold 2,413 shares of the stock in a transaction 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 transaction, the director now directly owns 9,591 shares of the company's stock, valued at $989,599.38. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.25% of the company's stock.

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.