3,998 Shares in Emerson Electric Co. (NYSE:EMR) Purchased by CWA Asset Management Group LLC

CWA Asset Management Group LLC acquired a new stake in Emerson Electric Co. (NYSE:EMR - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,998 shares of the industrial products company's stock, valued at approximately $437,000.

Several other institutional investors have also recently added to or reduced their stakes in EMR. Capital Performance Advisors LLP bought a new position in shares of Emerson Electric during the 3rd quarter valued at approximately $25,000. Transcendent Capital Group LLC purchased a new stake in Emerson Electric in the first quarter worth $31,000. Meeder Asset Management Inc. lifted its position in Emerson Electric by 361.5% during the second quarter. Meeder Asset Management Inc. now owns 300 shares of the industrial products company's stock valued at $33,000 after buying an additional 235 shares during the period. Morton Brown Family Wealth LLC bought a new position in Emerson Electric in the 3rd quarter worth about $33,000. Finally, Versant Capital Management Inc raised its position in Emerson Electric by 471.9% in the 2nd quarter. Versant Capital Management Inc now owns 326 shares of the industrial products company's stock worth $36,000 after buying an additional 269 shares during the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Emerson Electric

In related news, SVP Michael H. Train sold 21,525 shares of the firm's stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $125.96, for a total value of $2,711,289.00. Following the completion of the sale, the senior vice president now owns 262,408 shares in the company, valued at $33,052,911.68. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.25% of the company's stock.

Emerson Electric Stock Down 0.6 %

EMR stock traded down $0.80 on Tuesday, hitting $128.40. 3,069,072 shares of the company's stock were exchanged, compared to its average volume of 2,735,795. Emerson Electric Co. has a 12-month low of $85.91 and a 12-month high of $130.30. The stock has a market cap of $73.53 billion, a P/E ratio of 37.78, a price-to-earnings-growth ratio of 2.13 and a beta of 1.30. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.86 and a current ratio of 1.77. The firm has a 50 day moving average price of $108.87 and a two-hundred day moving average price of $109.43.

Emerson Electric Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Friday, November 15th will be issued a dividend of $0.5275 per share. The ex-dividend date is Friday, November 15th. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.64%. This is an increase from Emerson Electric's previous quarterly dividend of $0.53. Emerson Electric's dividend payout ratio (DPR) is currently 61.70%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on EMR shares. Deutsche Bank Aktiengesellschaft upped their price objective on Emerson Electric from $136.00 to $140.00 and gave the stock a "buy" rating in a research note on Wednesday, November 6th. Barclays raised their price target on shares of Emerson Electric from $103.00 to $116.00 and gave the stock an "equal weight" rating in a report on Wednesday, November 6th. Stephens lowered shares of Emerson Electric from an "overweight" rating to an "equal weight" rating and lowered their target price for the stock from $135.00 to $120.00 in a research note on Wednesday, October 16th. JPMorgan Chase & Co. cut shares of Emerson Electric from an "overweight" rating to a "neutral" rating and lowered their target price for the stock from $132.00 to $115.00 in a research note on Wednesday, August 14th. Finally, StockNews.com raised shares of Emerson Electric from a "hold" rating to a "buy" rating in a research note on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat, Emerson Electric currently has a consensus rating of "Moderate Buy" and a consensus target price of $127.65.

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.