Unison Advisors LLC Buys 115 Shares of Emerson Electric Co. $EMR

Unison Advisors LLC boosted its stake in shares of Emerson Electric Co. (NYSE:EMR) by 0.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,416 shares of the industrial products company’s stock after purchasing an additional 115 shares during the period. Unison Advisors LLC’s holdings in Emerson Electric were worth $2,855,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Impact Capital Partners LLC lifted its position in Emerson Electric by 3.9% during the second quarter. Impact Capital Partners LLC now owns 1,909 shares of the industrial products company’s stock valued at $255,000 after purchasing an additional 71 shares during the period. Jag Capital Management LLC raised its position in Emerson Electric by 1.9% in the second quarter. Jag Capital Management LLC now owns 3,954 shares of the industrial products company’s stock worth $527,000 after acquiring an additional 72 shares during the period. Beacon Financial Advisory LLC raised its position in Emerson Electric by 2.9% in the second quarter. Beacon Financial Advisory LLC now owns 2,769 shares of the industrial products company’s stock worth $369,000 after acquiring an additional 77 shares during the period. Petros Family Wealth LLC raised its position in Emerson Electric by 0.9% in the second quarter. Petros Family Wealth LLC now owns 9,319 shares of the industrial products company’s stock worth $1,243,000 after acquiring an additional 80 shares during the period. Finally, Orca Investment Management LLC raised its position in Emerson Electric by 2.0% in the second quarter. Orca Investment Management LLC now owns 4,190 shares of the industrial products company’s stock worth $559,000 after acquiring an additional 81 shares during the period. Institutional investors own 74.30% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on EMR shares. Wolfe Research decreased their price target on shares of Emerson Electric from $173.00 to $172.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 8th. Barclays upgraded shares of Emerson Electric from an “underweight” rating to an “equal weight” rating and increased their price target for the stock from $125.00 to $127.00 in a research report on Thursday, August 7th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Emerson Electric from $157.00 to $159.00 and gave the stock a “buy” rating in a research report on Thursday, October 2nd. KeyCorp increased their price objective on shares of Emerson Electric from $150.00 to $155.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 1st. Finally, Daiwa Capital Markets increased their price objective on shares of Emerson Electric from $150.00 to $153.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 24th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Emerson Electric presently has a consensus rating of “Moderate Buy” and an average price target of $148.28.

Emerson Electric Stock Performance

EMR opened at $129.34 on Monday. The stock has a market capitalization of $72.79 billion, a price-to-earnings ratio of 27.81, a PEG ratio of 2.24 and a beta of 1.29. The company has a fifty day moving average of $131.93 and a 200 day moving average of $126.07. Emerson Electric Co. has a fifty-two week low of $90.06 and a fifty-two week high of $150.27. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.63 and a current ratio of 0.85.

Emerson Electric (NYSE:EMR) last posted its earnings results on Thursday, April 6th. The industrial products company reported $0.79 earnings per share for the quarter. The company had revenue of $3.16 billion during the quarter. Emerson Electric had a net margin of 14.92% and a return on equity of 14.34%. As a group, sell-side analysts forecast that Emerson Electric Co. will post 5.96 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Friday, August 15th were paid a dividend of $0.5275 per share. This represents a $2.11 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Friday, August 15th. Emerson Electric’s dividend payout ratio (DPR) is presently 45.38%.

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.