Stephens Inc. AR Purchases 2,567 Shares of Emerson Electric Co. (NYSE:EMR)

Stephens Inc. AR grew its position in Emerson Electric Co. (NYSE:EMR) by 3.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 87,655 shares of the industrial products company’s stock after purchasing an additional 2,567 shares during the quarter. Stephens Inc. AR’s holdings in Emerson Electric were worth $10,863,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in EMR. Capital Performance Advisors LLP acquired a new position in Emerson Electric during the 3rd quarter valued at about $25,000. Stephens Consulting LLC acquired a new position in shares of Emerson Electric during the fourth quarter valued at about $25,000. Sugar Maple Asset Management LLC acquired a new stake in Emerson Electric in the 4th quarter worth approximately $27,000. Darwin Wealth Management LLC purchased a new stake in Emerson Electric during the 3rd quarter worth approximately $29,000. Finally, YANKCOM Partnership purchased a new position in shares of Emerson Electric in the fourth quarter worth $30,000. 74.30% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

EMR has been the topic of a number of research analyst reports. Morgan Stanley boosted their price objective on shares of Emerson Electric from $105.00 to $112.00 and gave the company an “underweight” rating in a report on Thursday. Daiwa America upgraded Emerson Electric to a “strong-buy” rating in a research note on Tuesday, January 28th. Wells Fargo & Company upped their target price on Emerson Electric from $140.00 to $142.00 and gave the company an “overweight” rating in a research report on Thursday. UBS Group started coverage on shares of Emerson Electric in a research note on Wednesday, November 13th. They set a “neutral” rating and a $135.00 price objective for the company. Finally, Barclays increased their price objective on shares of Emerson Electric from $116.00 to $135.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 5th. One analyst has rated the stock with a sell rating, five have issued a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Emerson Electric presently has a consensus rating of “Moderate Buy” and a consensus target price of $136.90.

Emerson Electric Trading Down 2.4 %

Shares of NYSE:EMR opened at $124.37 on Monday. The firm has a market capitalization of $70.83 billion, a price-to-earnings ratio of 29.68, a price-to-earnings-growth ratio of 2.16 and a beta of 1.34. The business’s 50 day moving average price is $126.51 and its 200-day moving average price is $116.78. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.54 and a quick ratio of 1.40. Emerson Electric Co. has a 1 year low of $96.62 and a 1 year high of $134.85.

Emerson Electric (NYSE:EMR) last released its earnings results on Wednesday, February 5th. The industrial products company reported $1.38 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.10. Emerson Electric had a net margin of 13.74% and a return on equity of 12.08%. On average, equities research analysts forecast that Emerson Electric Co. will post 5.95 earnings per share for the current fiscal year.

Emerson Electric Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, February 14th will be issued a $0.5275 dividend. The ex-dividend date is Friday, February 14th. This represents a $2.11 dividend on an annualized basis and a yield of 1.70%. Emerson Electric’s payout ratio is currently 50.36%.

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.