Atlas Capital Advisors Inc. Makes New $719,000 Investment in Emerson Electric Co. (NYSE:EMR)

Atlas Capital Advisors Inc. purchased a new stake in shares of Emerson Electric Co. (NYSE:EMR - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 5,800 shares of the industrial products company's stock, valued at approximately $719,000.

A number of other hedge funds have also modified their holdings of EMR. Stephens Consulting LLC purchased a new stake in Emerson Electric in the fourth quarter valued at $25,000. Sugar Maple Asset Management LLC purchased a new stake in shares of Emerson Electric in the fourth quarter worth about $27,000. Murphy & Mullick Capital Management Corp purchased a new position in Emerson Electric during the fourth quarter valued at approximately $28,000. YANKCOM Partnership acquired a new position in Emerson Electric in the fourth quarter valued at approximately $30,000. Finally, Fiduciary Advisors Inc. purchased a new stake in Emerson Electric in the 4th quarter worth approximately $35,000. 74.30% of the stock is owned by institutional investors and hedge funds.

Emerson Electric Price Performance

Shares of NYSE:EMR traded down $0.96 during midday trading on Wednesday, hitting $93.19. The company had a trading volume of 800,248 shares, compared to its average volume of 2,865,018. The business's 50-day simple moving average is $116.31 and its 200-day simple moving average is $119.52. The stock has a market cap of $52.55 billion, a price-to-earnings ratio of 22.25, a price-to-earnings-growth ratio of 2.49 and a beta of 1.28. 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 twelve month low of $89.36 and a twelve month high of $134.85.

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Emerson Electric (NYSE:EMR - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.38 EPS for the quarter, topping the consensus estimate of $1.28 by $0.10. Emerson Electric had a return on equity of 12.08% and a net margin of 13.74%. On average, research analysts predict that Emerson Electric Co. will post 5.96 earnings per share for the current year.

Emerson Electric Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Friday, February 14th were given a dividend of $0.5275 per share. This represents a $2.11 annualized dividend and a dividend yield of 2.26%. The ex-dividend date of this dividend was Friday, February 14th. Emerson Electric's payout ratio is presently 50.36%.

Analyst Ratings Changes

Several research firms recently issued reports on EMR. KeyCorp lowered their price target on shares of Emerson Electric from $158.00 to $125.00 and set an "overweight" rating on the stock in a report on Tuesday. Barclays dropped their target price on Emerson Electric from $110.00 to $105.00 and set an "underweight" rating on the stock in a research report on Wednesday, March 26th. Wells Fargo & Company upped their price target on Emerson Electric from $140.00 to $142.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. JPMorgan Chase & Co. dropped their price objective on Emerson Electric from $135.00 to $110.00 and set a "neutral" rating on the stock in a report on Tuesday. Finally, Jefferies Financial Group initiated coverage on Emerson Electric in a research note on Thursday, December 12th. They set a "buy" rating and a $160.00 target price for the company. Two analysts have rated the stock with a sell rating, four have given a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $132.72.

Emerson Electric 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.