Emerson Electric Co. (NYSE:EMR) Stock Holdings Increased by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC lifted its holdings in Emerson Electric Co. (NYSE:EMR) by 6.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 29,390 shares of the industrial products company’s stock after purchasing an additional 1,803 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Emerson Electric were worth $3,642,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Stephens Consulting LLC bought a new position in Emerson Electric in the 4th quarter valued at about $25,000. Sugar Maple Asset Management LLC acquired a new stake in shares of Emerson Electric in the 4th quarter worth approximately $27,000. Murphy & Mullick Capital Management Corp bought a new position in shares of Emerson Electric in the fourth quarter valued at approximately $28,000. YANKCOM Partnership acquired a new position in shares of Emerson Electric during the fourth quarter valued at approximately $30,000. Finally, Fiduciary Advisors Inc. acquired a new stake in Emerson Electric in the fourth quarter worth approximately $35,000. 74.30% of the stock is owned by institutional investors and hedge funds.

Emerson Electric Stock Down 3.1 %

EMR stock opened at $108.56 on Monday. The company has a 50 day moving average of $120.75 and a two-hundred day moving average of $119.75. The company has a market cap of $61.22 billion, a price-to-earnings ratio of 25.91, a PEG ratio of 2.49 and a beta of 1.36. Emerson Electric Co. has a 12-month low of $96.62 and a 12-month high of $134.85. The company has a quick ratio of 1.17, a current ratio of 1.54 and a debt-to-equity ratio of 0.25.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.10. Emerson Electric had a return on equity of 12.08% and a net margin of 13.74%. On average, equities analysts anticipate that Emerson Electric Co. will post 5.96 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Friday, February 14th were given a dividend of $0.5275 per share. This represents a $2.11 annualized dividend and a yield of 1.94%. The ex-dividend date was Friday, February 14th. Emerson Electric’s payout ratio is presently 50.36%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Royal Bank of Canada reiterated an “outperform” rating and set a $138.00 price target on shares of Emerson Electric in a research report on Thursday, February 6th. Loop Capital lifted their target price on Emerson Electric from $130.00 to $155.00 and gave the stock a “buy” rating in a report on Monday, December 2nd. Barclays cut their price target on shares of Emerson Electric from $110.00 to $105.00 and set an “underweight” rating for the company in a report on Wednesday, March 26th. Jefferies Financial Group began coverage on shares of Emerson Electric in a research note on Thursday, December 12th. They issued a “buy” rating and a $160.00 price objective on the stock. Finally, Citigroup initiated coverage on shares of Emerson Electric in a research note on Monday, March 17th. They set a “buy” rating and a $132.00 target price for the company. Two research analysts have rated the stock with a sell rating, five have given a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $135.94.

Emerson Electric 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.