Hamilton Point Investment Advisors LLC Acquires 524 Shares of Emerson Electric Co. (NYSE:EMR)

Hamilton Point Investment Advisors LLC lifted its holdings in Emerson Electric Co. (NYSE:EMR) by 23.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,728 shares of the industrial products company’s stock after purchasing an additional 524 shares during the period. Hamilton Point Investment Advisors LLC’s holdings in Emerson Electric were worth $338,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB grew its position in Emerson Electric by 120.1% during the third quarter. Wilmington Savings Fund Society FSB now owns 56,341 shares of the industrial products company’s stock worth $6,162,000 after buying an additional 30,741 shares in the last quarter. Geode Capital Management LLC grew its position in Emerson Electric by 1.4% during the third quarter. Geode Capital Management LLC now owns 11,453,075 shares of the industrial products company’s stock worth $1,247,570,000 after buying an additional 162,985 shares in the last quarter. Dynamic Advisor Solutions LLC grew its position in Emerson Electric by 8.5% during the third quarter. Dynamic Advisor Solutions LLC now owns 69,285 shares of the industrial products company’s stock worth $7,578,000 after buying an additional 5,416 shares in the last quarter. Larson Financial Group LLC boosted its holdings in Emerson Electric by 130.0% during the third quarter. Larson Financial Group LLC now owns 9,541 shares of the industrial products company’s stock valued at $1,044,000 after purchasing an additional 5,393 shares in the last quarter. Finally, V Square Quantitative Management LLC boosted its holdings in Emerson Electric by 82.0% during the third quarter. V Square Quantitative Management LLC now owns 3,977 shares of the industrial products company’s stock valued at $435,000 after purchasing an additional 1,792 shares in the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, SVP Michael H. Train sold 21,525 shares of the business’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $125.96, for a total value of $2,711,289.00. Following the completion of the transaction, the senior vice president now owns 262,408 shares of the company’s stock, valued at $33,052,911.68. The trade was a 7.58 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.50% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on EMR. KeyCorp lifted their price objective on Emerson Electric from $140.00 to $158.00 and gave the company an “overweight” rating in a report on Monday, December 9th. JPMorgan Chase & Co. decreased their price objective on Emerson Electric from $137.00 to $135.00 and set a “neutral” rating on the stock in a report on Wednesday, January 15th. Deutsche Bank Aktiengesellschaft boosted their target price on Emerson Electric from $136.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Daiwa Capital Markets started coverage on Emerson Electric in a report on Tuesday. They issued an “outperform” rating and a $147.00 target price on the stock. Finally, Barclays boosted their target price on Emerson Electric from $116.00 to $135.00 and gave the stock an “equal weight” rating in a report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $136.45.

Emerson Electric Stock Performance

Shares of Emerson Electric stock opened at $130.41 on Friday. The firm has a fifty day moving average of $127.14 and a two-hundred day moving average of $116.38. The stock has a market capitalization of $74.27 billion, a price-to-earnings ratio of 38.13, a PEG ratio of 2.20 and a beta of 1.35. Emerson Electric Co. has a 52 week low of $91.64 and a 52 week high of $134.85. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.40 and a current ratio of 1.77.

Emerson Electric Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Friday, November 15th were issued a $0.5275 dividend. This is a positive change from Emerson Electric’s previous quarterly dividend of $0.53. The ex-dividend date of this dividend was Friday, November 15th. This represents a $2.11 annualized dividend and a dividend yield of 1.62%. Emerson Electric’s payout ratio is 61.70%.

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.