Sava Infond d.o.o. Invests $1.20 Million in Emerson Electric Co. (NYSE:EMR)

Sava Infond d.o.o. acquired a new stake in shares of Emerson Electric Co. (NYSE:EMR) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 9,640 shares of the industrial products company’s stock, valued at approximately $1,195,000.

A number of other large investors also recently bought and sold shares of the business. Howard Capital Management Group LLC boosted its position in Emerson Electric by 10.6% during the third quarter. Howard Capital Management Group LLC now owns 1,878 shares of the industrial products company’s stock valued at $205,000 after purchasing an additional 180 shares in the last quarter. DRW Securities LLC boosted its holdings in shares of Emerson Electric by 195.8% in the 3rd quarter. DRW Securities LLC now owns 6,272 shares of the industrial products company’s stock valued at $686,000 after buying an additional 4,152 shares in the last quarter. Loomis Sayles & Co. L P grew its position in shares of Emerson Electric by 164.3% in the 3rd quarter. Loomis Sayles & Co. L P now owns 94,061 shares of the industrial products company’s stock worth $10,287,000 after buying an additional 58,476 shares during the last quarter. Quantbot Technologies LP purchased a new stake in Emerson Electric during the third quarter valued at approximately $5,918,000. Finally, Brooklyn Investment Group acquired a new stake in Emerson Electric in the third quarter valued at approximately $144,000. Institutional investors own 74.30% of the company’s stock.

Analyst Ratings Changes

EMR has been the subject of several analyst reports. StockNews.com lowered Emerson Electric from a “buy” rating to a “hold” rating in a report on Monday, March 10th. Citigroup initiated coverage on Emerson Electric in a report on Monday, March 17th. They issued a “buy” rating and a $132.00 price target for the company. Daiwa America upgraded shares of Emerson Electric to a “strong-buy” rating in a report on Tuesday, January 28th. Daiwa Capital Markets assumed coverage on shares of Emerson Electric in a research report on Tuesday, January 28th. They set an “outperform” rating and a $147.00 target price on the stock. Finally, Jefferies Financial Group initiated coverage on shares of Emerson Electric in a report on Thursday, December 12th. They issued a “buy” rating and a $160.00 price target for the company. Two analysts have rated the stock with a sell rating, five have issued a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $135.94.

Emerson Electric Trading Down 1.5 %

Emerson Electric stock opened at $113.60 on Thursday. The firm has a market cap of $64.06 billion, a PE ratio of 27.11, a P/E/G 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 stock’s 50 day simple moving average is $121.30 and its two-hundred day simple moving average is $119.46. The company has a current ratio of 1.54, a quick ratio of 1.17 and a debt-to-equity ratio of 0.25.

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

Emerson Electric Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Friday, February 14th were issued a $0.5275 dividend. This represents a $2.11 annualized dividend and a yield of 1.86%. The ex-dividend date of this dividend was Friday, February 14th. Emerson Electric’s payout ratio is currently 50.36%.

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.