Czech National Bank Buys 6,966 Shares of Emerson Electric Co. (NYSE:EMR)

Czech National Bank grew its stake in Emerson Electric Co. (NYSE:EMR - Free Report) by 6.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 123,631 shares of the industrial products company's stock after buying an additional 6,966 shares during the period. Czech National Bank's holdings in Emerson Electric were worth $15,322,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB grew its stake in shares of Emerson Electric by 120.1% in the third 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 last quarter. Geode Capital Management LLC increased its holdings in shares of Emerson Electric by 1.4% during the 3rd 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. Bank of Montreal Can raised its position in shares of Emerson Electric by 17.0% during the second quarter. Bank of Montreal Can now owns 1,339,301 shares of the industrial products company's stock valued at $152,359,000 after buying an additional 194,944 shares during the last quarter. Dynamic Advisor Solutions LLC grew its position in Emerson Electric by 8.5% during the third quarter. Dynamic Advisor Solutions LLC now owns 69,285 shares of the industrial products company's stock worth $7,578,000 after buying an additional 5,416 shares in the last quarter. Finally, Larson Financial Group LLC raised its holdings in Emerson Electric by 130.0% in 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 acquiring an additional 5,393 shares in the last quarter. Institutional investors own 74.30% of the company's stock.

Emerson Electric Stock Up 1.1 %

Emerson Electric stock traded up $1.33 during midday trading on Tuesday, reaching $119.80. The stock had a trading volume of 2,074,186 shares, compared to its average volume of 2,377,436. Emerson Electric Co. has a 1-year low of $91.64 and a 1-year high of $134.85. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.40 and a current ratio of 1.77. The firm's fifty day simple moving average is $127.30 and its 200-day simple moving average is $115.01. The stock has a market capitalization of $68.23 billion, a P/E ratio of 35.03, a price-to-earnings-growth ratio of 2.19 and a beta of 1.35.

Emerson Electric Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Friday, November 15th were issued a dividend of $0.5275 per share. This is a boost from Emerson Electric's previous quarterly dividend of $0.53. The ex-dividend date was Friday, November 15th. This represents a $2.11 annualized dividend and a yield of 1.76%. Emerson Electric's dividend payout ratio is presently 61.70%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on EMR shares. Jefferies Financial Group assumed coverage on Emerson Electric in a report on Thursday, December 12th. They set a "buy" rating and a $160.00 price objective on the stock. Robert W. Baird lifted their price objective on Emerson Electric from $117.00 to $118.00 and gave the company a "neutral" rating in a report on Monday, November 4th. Wells Fargo & Company dropped their target price on shares of Emerson Electric from $145.00 to $140.00 and set an "overweight" rating for the company in a research report on Tuesday, January 7th. Royal Bank of Canada reduced their price target on shares of Emerson Electric from $139.00 to $138.00 and set an "outperform" rating on the stock in a research report on Wednesday, November 6th. Finally, UBS Group initiated coverage on shares of Emerson Electric in a report on Wednesday, November 13th. They set a "neutral" rating and a $135.00 price objective for the company. One investment analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $134.84.

Insider Buying and Selling at Emerson Electric

In other Emerson Electric news, SVP Michael H. Train sold 21,525 shares of the business's stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $125.96, for a total transaction of $2,711,289.00. Following the transaction, the senior vice president now owns 262,408 shares of the company's stock, valued at $33,052,911.68. The trade was a 7.58 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.50% of the company's stock.

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.