Nia Impact Advisors LLC Makes New $213,000 Investment in Emerson Electric Co. (NYSE:EMR)

Nia Impact Advisors LLC bought a new position in shares of Emerson Electric Co. (NYSE:EMR) during the fourth quarter, HoldingsChannel.com reports. The firm bought 1,720 shares of the industrial products company’s stock, valued at approximately $213,000.

Other institutional investors also recently bought and sold shares of the company. GDS Wealth Management lifted its position in shares of Emerson Electric by 2.0% in the fourth quarter. GDS Wealth Management now owns 3,965 shares of the industrial products company’s stock valued at $491,000 after acquiring an additional 79 shares in the last quarter. Mcdonald Partners LLC lifted its position in shares of Emerson Electric by 0.6% in the fourth quarter. Mcdonald Partners LLC now owns 14,207 shares of the industrial products company’s stock valued at $1,761,000 after acquiring an additional 81 shares in the last quarter. Berkshire Bank lifted its position in shares of Emerson Electric by 3.6% in the fourth quarter. Berkshire Bank now owns 2,588 shares of the industrial products company’s stock valued at $321,000 after acquiring an additional 89 shares in the last quarter. Little House Capital LLC lifted its position in shares of Emerson Electric by 0.5% in the fourth quarter. Little House Capital LLC now owns 17,009 shares of the industrial products company’s stock valued at $2,108,000 after acquiring an additional 89 shares in the last quarter. Finally, Grove Bank & Trust lifted its position in shares of Emerson Electric by 5.4% in the fourth quarter. Grove Bank & Trust now owns 1,749 shares of the industrial products company’s stock valued at $217,000 after acquiring an additional 90 shares in the last quarter. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on EMR shares. Robert W. Baird reduced their price objective on Emerson Electric from $140.00 to $130.00 and set a “neutral” rating on the stock in a research report on Thursday, May 8th. StockNews.com upgraded Emerson Electric from a “hold” rating to a “buy” rating in a research report on Friday, May 9th. Barclays increased their target price on Emerson Electric from $99.00 to $104.00 and gave the stock an “underweight” rating in a research report on Thursday, May 8th. Daiwa Capital Markets started coverage on 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, JPMorgan Chase & Co. reduced their target price on Emerson Electric from $135.00 to $110.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 8th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $130.88.

Insider Buying and Selling at Emerson Electric

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 16,698 shares of the stock in a transaction that occurred on Thursday, May 8th. The stock was sold at an average price of $113.33, for a total transaction of $1,892,384.34. Following the transaction, the chief executive officer now owns 164,957 shares of the company’s stock, valued at $18,694,576.81. This trade represents a 9.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.50% of the stock is owned by insiders.

Emerson Electric Stock Performance

Emerson Electric stock opened at $121.58 on Wednesday. The stock’s 50-day moving average is $106.97 and its 200-day moving average is $118.69. The company has a market cap of $68.39 billion, a price-to-earnings ratio of 29.02, a price-to-earnings-growth ratio of 2.49 and a beta of 1.26. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.54 and a quick ratio of 1.17. Emerson Electric Co. has a 12 month low of $90.06 and a 12 month high of $134.85.

Emerson Electric (NYSE:EMR) last posted its earnings results on Wednesday, May 7th. The industrial products company reported $1.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.07. Emerson Electric had a return on equity of 12.08% and a net margin of 13.74%. The business had revenue of $4.43 billion during the quarter, compared to analyst estimates of $4.42 billion. During the same quarter last year, the firm earned $1.36 earnings per share. The company’s revenue for the quarter was up 1.3% compared to the same quarter last year. Equities 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 will be paid on Tuesday, June 10th. Shareholders of record on Friday, May 16th will be paid a dividend of $0.5275 per share. The ex-dividend date is Friday, May 16th. This represents a $2.11 dividend on an annualized basis and a yield of 1.74%. Emerson Electric’s dividend payout ratio (DPR) is presently 50.48%.

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.