Emerson Electric Co. (NYSE:EMR) Stock Holdings Lessened by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lowered its holdings in Emerson Electric Co. (NYSE:EMR - Free Report) by 2.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 121,242 shares of the industrial products company's stock after selling 3,429 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS's holdings in Emerson Electric were worth $15,026,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB lifted its holdings in shares of Emerson Electric by 120.1% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 56,341 shares of the industrial products company's stock worth $6,162,000 after acquiring an additional 30,741 shares during the period. Geode Capital Management LLC raised its stake in Emerson Electric by 1.4% during the third quarter. Geode Capital Management LLC now owns 11,453,075 shares of the industrial products company's stock worth $1,247,570,000 after purchasing an additional 162,985 shares during the period. Stokes Family Office LLC boosted its holdings in shares of Emerson Electric by 94.8% in the 4th quarter. Stokes Family Office LLC now owns 9,206 shares of the industrial products company's stock valued at $1,141,000 after purchasing an additional 4,480 shares during the last quarter. Larson Financial Group LLC grew its stake in shares of Emerson Electric by 130.0% during the 3rd quarter. Larson Financial Group LLC now owns 9,541 shares of the industrial products company's stock valued at $1,044,000 after buying an additional 5,393 shares during the period. Finally, GHP Investment Advisors Inc. raised its position in shares of Emerson Electric by 8.3% in the 4th quarter. GHP Investment Advisors Inc. now owns 82,201 shares of the industrial products company's stock worth $10,187,000 after buying an additional 6,321 shares during the period. 74.30% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analysts Forecast Growth

EMR has been the subject of several research analyst reports. Daiwa Capital Markets began coverage on Emerson Electric in a research note on Tuesday, January 28th. They set an "outperform" rating and a $147.00 price target for the company. Barclays downgraded shares of Emerson Electric from an "equal weight" rating to an "underweight" rating and dropped their target price for the stock from $135.00 to $110.00 in a research report on Monday, March 10th. StockNews.com downgraded shares of Emerson Electric from a "buy" rating to a "hold" rating in a research note on Monday, March 10th. Morgan Stanley raised their target price on shares of Emerson Electric from $105.00 to $112.00 and gave the company an "underweight" rating in a research note on Thursday, February 6th. Finally, Wells Fargo & Company upped their price target on shares of Emerson Electric from $140.00 to $142.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Emerson Electric currently has an average rating of "Moderate Buy" and a consensus price target of $136.22.

Emerson Electric Stock Down 0.1 %

Shares of EMR stock traded down $0.16 during mid-day trading on Tuesday, reaching $115.21. 1,656,154 shares of the company were exchanged, compared to its average volume of 2,660,965. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.17 and a current ratio of 1.54. The business's 50 day simple moving average is $121.53 and its 200 day simple moving average is $119.38. The company has a market capitalization of $64.97 billion, a P/E ratio of 27.50, a P/E/G 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.

Emerson Electric (NYSE:EMR - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share 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%. Research analysts predict that Emerson Electric Co. will post 5.96 earnings per share for the current year.

Emerson Electric Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Friday, February 14th were given a $0.5275 dividend. 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 payout ratio is 50.36%.

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.