Clare Market Investments LLC Makes New Investment in Emerson Electric Co. (NYSE:EMR)

Clare Market Investments LLC acquired a new stake in shares of Emerson Electric Co. (NYSE:EMR - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 5,291 shares of the industrial products company's stock, valued at approximately $656,000.

A number of other large investors have also made changes to their positions in EMR. Capital Performance Advisors LLP bought a new stake in shares of Emerson Electric in the third quarter worth about $25,000. Stephens Consulting LLC bought a new stake in Emerson Electric during the 4th quarter worth approximately $25,000. Sugar Maple Asset Management LLC acquired a new stake in Emerson Electric during the 4th quarter worth approximately $27,000. Darwin Wealth Management LLC bought a new position in Emerson Electric in the third quarter valued at approximately $29,000. Finally, YANKCOM Partnership bought a new stake in shares of Emerson Electric during the fourth quarter worth $30,000. Institutional investors own 74.30% of the company's stock.

Emerson Electric Price Performance

Emerson Electric stock traded down $1.67 during midday trading on Thursday, reaching $109.17. The company's stock had a trading volume of 2,256,832 shares, compared to its average volume of 2,950,390. The business has a 50-day moving average price of $122.60 and a 200-day moving average price of $118.70. Emerson Electric Co. has a 52 week low of $96.62 and a 52 week high of $134.85. The company has a current ratio of 1.54, a quick ratio of 1.17 and a debt-to-equity ratio of 0.25. The stock has a market cap of $61.56 billion, a PE ratio of 26.05, a price-to-earnings-growth ratio of 2.49 and a beta of 1.36.

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Emerson Electric (NYSE:EMR - Get Free Report) last posted its 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 net margin of 13.74% and a return on equity of 12.08%. On average, sell-side analysts predict that Emerson Electric Co. will post 5.96 EPS for the current year.

Emerson Electric Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Friday, February 14th were given a $0.5275 dividend. The ex-dividend date was Friday, February 14th. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.93%. Emerson Electric's dividend payout ratio (DPR) is presently 50.36%.

Analyst Upgrades and Downgrades

EMR has been the topic of several research reports. BNP Paribas initiated coverage on shares of Emerson Electric in a research report on Wednesday, November 13th. They issued an "outperform" rating and a $155.00 price objective on the stock. JPMorgan Chase & Co. reduced their price objective on Emerson Electric from $137.00 to $135.00 and set a "neutral" rating for the company in a research report on Wednesday, January 15th. UBS Group started coverage on Emerson Electric in a research report on Wednesday, November 13th. They issued a "neutral" rating and a $135.00 target price on the stock. Daiwa America raised Emerson Electric to a "strong-buy" rating in a research report on Tuesday, January 28th. Finally, StockNews.com downgraded shares of Emerson Electric from a "buy" rating to a "hold" rating in a report on Monday. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average 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.