MASTERINVEST Kapitalanlage GmbH Makes New Investment in Emerson Electric Co. $EMR

MASTERINVEST Kapitalanlage GmbH purchased a new stake in Emerson Electric Co. (NYSE:EMR) during the second quarter, HoldingsChannel.com reports. The firm purchased 6,388 shares of the industrial products company’s stock, valued at approximately $852,000.

Several other large investors have also made changes to their positions in the company. Darwin Wealth Management LLC acquired a new stake in Emerson Electric during the second quarter worth about $29,000. Saudi Central Bank purchased a new stake in shares of Emerson Electric during the 1st quarter worth about $25,000. Winnow Wealth LLC acquired a new stake in Emerson Electric during the 2nd quarter worth approximately $34,000. PFS Partners LLC raised its holdings in Emerson Electric by 65.9% in the second quarter. PFS Partners LLC now owns 272 shares of the industrial products company’s stock valued at $36,000 after buying an additional 108 shares during the period. Finally, Traub Capital Management LLC acquired a new position in Emerson Electric during the second quarter valued at approximately $37,000. 74.30% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Emerson Electric

In other news, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of the company’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $133.00, for a total value of $965,979.00. Following the sale, the chief executive officer owned 196,292 shares in the company, valued at approximately $26,106,836. This represents a 3.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.50% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on EMR shares. Jefferies Financial Group reissued a “hold” rating and issued a $145.00 target price on shares of Emerson Electric in a research note on Wednesday, December 10th. Barclays boosted their price objective on Emerson Electric from $127.00 to $135.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 6th. Deutsche Bank Aktiengesellschaft increased their target price on Emerson Electric from $157.00 to $159.00 and gave the company a “buy” rating in a research note on Thursday, October 2nd. Wells Fargo & Company reissued an “equal weight” rating and set a $140.00 price target (down from $150.00) on shares of Emerson Electric in a research report on Monday, October 6th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Emerson Electric from $151.00 to $150.00 and set a “neutral” rating for the company in a research report on Monday, November 10th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $147.67.

Emerson Electric Trading Down 2.1%

Shares of EMR opened at $136.60 on Monday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.65 and a current ratio of 0.88. Emerson Electric Co. has a one year low of $90.06 and a one year high of $150.27. The stock has a 50-day moving average price of $132.21 and a 200 day moving average price of $133.17. The company has a market capitalization of $76.81 billion, a P/E ratio of 33.81, a P/E/G ratio of 2.23 and a beta of 1.26.

Emerson Electric (NYSE:EMR) last announced its earnings results on Thursday, April 6th. The industrial products company reported $0.79 earnings per share (EPS) for the quarter. Emerson Electric had a return on equity of 15.87% and a net margin of 12.73%.The company had revenue of $3.16 billion for the quarter. Sell-side analysts forecast that Emerson Electric Co. will post 5.96 EPS for the current fiscal year.

Emerson Electric announced that its Board of Directors has authorized a stock buyback plan on Wednesday, November 5th that permits the company to repurchase $0.00 in shares. This repurchase authorization permits the industrial products company to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Emerson Electric Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Friday, November 14th were issued a dividend of $0.555 per share. The ex-dividend date of this dividend was Friday, November 14th. This represents a $2.22 annualized dividend and a yield of 1.6%. This is an increase from Emerson Electric’s previous quarterly dividend of $0.53. Emerson Electric’s dividend payout ratio (DPR) is 54.95%.

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.