Candriam S.C.A. Raises Stock Holdings in Emerson Electric Co. (NYSE:EMR)

Candriam S.C.A. increased its holdings in Emerson Electric Co. (NYSE:EMR - Free Report) by 8.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,130,641 shares of the industrial products company's stock after buying an additional 86,474 shares during the quarter. Emerson Electric accounts for about 0.8% of Candriam S.C.A.'s investment portfolio, making the stock its 26th largest position. Candriam S.C.A. owned approximately 0.20% of Emerson Electric worth $140,120,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in EMR. Stephens Consulting LLC bought a new position in shares of Emerson Electric in the fourth quarter worth about $25,000. Sugar Maple Asset Management LLC bought a new stake in Emerson Electric during the fourth quarter valued at about $27,000. Capital Performance Advisors LLP bought a new position in Emerson Electric in the 3rd quarter worth approximately $25,000. YANKCOM Partnership bought a new stake in shares of Emerson Electric during the fourth quarter valued at approximately $30,000. Finally, Darwin Wealth Management LLC bought a new position in shares of Emerson Electric during the third quarter worth $29,000. 74.30% of the stock is currently owned by institutional investors.

Emerson Electric Stock Performance

Shares of NYSE:EMR traded down $6.89 during midday trading on Monday, reaching $111.73. The company's stock had a trading volume of 5,154,692 shares, compared to its average volume of 2,933,377. The firm has a market capitalization of $63.00 billion, a PE ratio of 26.66, a P/E/G ratio of 2.49 and a beta of 1.36. The stock has a fifty day moving average of $123.64 and a 200 day moving average of $118.73. Emerson Electric Co. has a twelve month low of $96.62 and a twelve month high of $134.85. The company has a quick ratio of 1.17, a current ratio of 1.54 and a debt-to-equity ratio of 0.25.

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Emerson Electric (NYSE:EMR - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share (EPS) for the quarter, beating 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, equities analysts expect that Emerson Electric Co. will post 5.96 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Friday, February 14th will be paid a $0.5275 dividend. This represents a $2.11 annualized dividend and a dividend yield of 1.89%. The ex-dividend date is Friday, February 14th. Emerson Electric's dividend payout ratio is currently 50.36%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Morgan Stanley lifted 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. Barclays cut shares of Emerson Electric from an "equal weight" rating to an "underweight" rating and decreased their target price for the company from $135.00 to $110.00 in a research report on Monday. BNP Paribas assumed coverage on Emerson Electric in a research note on Wednesday, November 13th. They set an "outperform" rating and a $155.00 price objective on the stock. JPMorgan Chase & Co. lowered their price objective on Emerson Electric from $137.00 to $135.00 and set a "neutral" rating for the company in a research note on Wednesday, January 15th. Finally, Daiwa America upgraded Emerson Electric to a "strong-buy" rating in a research report on Tuesday, January 28th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $136.28.

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.