Emerson Electric Co. $EMR Shares Purchased by Advisory Alpha LLC

Advisory Alpha LLC boosted its holdings in Emerson Electric Co. (NYSE:EMR) by 22.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,393 shares of the industrial products company’s stock after purchasing an additional 626 shares during the quarter. Advisory Alpha LLC’s holdings in Emerson Electric were worth $452,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in EMR. Saudi Central Bank acquired a new position in shares of Emerson Electric during the first quarter valued at $25,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Emerson Electric during the first quarter valued at $27,000. PFS Partners LLC boosted its holdings in shares of Emerson Electric by 65.9% during the second quarter. PFS Partners LLC now owns 272 shares of the industrial products company’s stock valued at $36,000 after acquiring an additional 108 shares during the period. Princeton Global Asset Management LLC acquired a new position in shares of Emerson Electric during the second quarter valued at $38,000. Finally, Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of Emerson Electric by 436.4% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 354 shares of the industrial products company’s stock valued at $39,000 after acquiring an additional 288 shares during the period. Institutional investors and hedge funds own 74.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on EMR. Wolfe Research cut their price objective on shares of Emerson Electric from $173.00 to $172.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 8th. JPMorgan Chase & Co. boosted their price target on shares of Emerson Electric from $135.00 to $151.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 15th. Daiwa Capital Markets boosted their price target on shares of Emerson Electric from $150.00 to $153.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 24th. TD Cowen upgraded shares of Emerson Electric to a “strong-buy” rating in a research report on Tuesday, July 8th. Finally, Deutsche Bank Aktiengesellschaft boosted 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. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $148.28.

Emerson Electric Price Performance

NYSE EMR opened at $136.32 on Thursday. The company has a market cap of $76.72 billion, a PE ratio of 29.32, a PEG ratio of 2.33 and a beta of 1.29. Emerson Electric Co. has a 1 year low of $90.06 and a 1 year high of $150.27. The company has a current ratio of 0.85, a quick ratio of 0.63 and a debt-to-equity ratio of 0.42. The stock’s 50-day moving average price is $132.00 and its two-hundred day moving average price is $128.00.

Emerson Electric (NYSE:EMR) last issued its earnings results on Thursday, April 6th. The industrial products company reported $0.79 earnings per share for the quarter. Emerson Electric had a return on equity of 14.34% and a net margin of 14.92%.The company had revenue of $3.16 billion for the quarter. On average, analysts predict that Emerson Electric Co. will post 5.96 EPS for the current year.

Emerson Electric Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Friday, August 15th were issued a $0.5275 dividend. The ex-dividend date was Friday, August 15th. This represents a $2.11 dividend on an annualized basis and a yield of 1.5%. Emerson Electric’s dividend payout ratio is currently 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.