Blueprint Investment Partners LLC Takes $383,000 Position in Emerson Electric Co. (NYSE:EMR)

Blueprint Investment Partners LLC acquired a new position in Emerson Electric Co. (NYSE:EMR - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,091 shares of the industrial products company's stock, valued at approximately $383,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Stephens Consulting LLC bought a new stake in shares of Emerson Electric in the 4th quarter valued at approximately $25,000. Sugar Maple Asset Management LLC bought a new position in shares of Emerson Electric during the fourth quarter valued at $27,000. YANKCOM Partnership bought a new stake in shares of Emerson Electric in the 4th quarter worth about $30,000. Fiduciary Advisors Inc. acquired a new stake in shares of Emerson Electric during the 4th quarter worth about $35,000. Finally, BankPlus Trust Department acquired a new position in Emerson Electric in the fourth quarter valued at about $40,000. Institutional investors own 74.30% of the company's stock.

Emerson Electric Trading Down 0.1 %

Emerson Electric stock traded down $0.16 during mid-day trading on Tuesday, hitting $115.21. 1,656,154 shares of the company's stock were exchanged, compared to its average volume of 2,665,885. The company's 50 day simple moving average is $121.53 and its 200-day simple moving average is $119.38. The company has a quick ratio of 1.17, a current ratio of 1.54 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $64.97 billion, a P/E ratio of 27.50, a PEG ratio of 2.49 and a beta of 1.36. Emerson Electric Co. has a fifty-two week low of $96.62 and a fifty-two week high of $134.85.

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

Emerson Electric Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Friday, February 14th were paid a dividend of $0.5275 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.11 annualized dividend and a dividend yield of 1.83%. Emerson Electric's dividend payout ratio is currently 50.36%.

Analyst Ratings Changes

Several analysts have recently weighed in on EMR shares. Barclays lowered shares of Emerson Electric from an "equal weight" rating to an "underweight" rating and dropped their price objective for the stock from $135.00 to $110.00 in a report on Monday, March 10th. Citigroup started coverage on Emerson Electric in a research note on Monday, March 17th. They issued a "buy" rating and a $132.00 price objective on the stock. Morgan Stanley increased their target price on Emerson Electric from $105.00 to $112.00 and gave the stock an "underweight" rating in a report on Thursday, February 6th. Jefferies Financial Group started coverage on shares of Emerson Electric in a research report on Thursday, December 12th. They set a "buy" rating and a $160.00 price target on the stock. Finally, KeyCorp raised their price objective on shares of Emerson Electric from $140.00 to $158.00 and gave the company an "overweight" rating in a research report on Monday, December 9th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $136.22.

Emerson Electric Company 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.