Emerson Electric Co. (NYSE:EMR) Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its position in Emerson Electric Co. (NYSE:EMR - Free Report) by 9.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,879,670 shares of the industrial products company's stock after buying an additional 254,224 shares during the period. Dimensional Fund Advisors LP owned about 0.51% of Emerson Electric worth $356,886,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of EMR. Dnca Finance purchased a new position in Emerson Electric during the fourth quarter valued at $1,239,000. Ecofi Investissements SA boosted its holdings in Emerson Electric by 0.3% in the 4th quarter. Ecofi Investissements SA now owns 35,800 shares of the industrial products company's stock worth $4,111,000 after buying an additional 100 shares during the last quarter. Freedom Investment Management Inc. purchased a new stake in Emerson Electric during the 4th quarter worth approximately $475,000. Forum Financial Management LP lifted its position in shares of Emerson Electric by 19.9% in the fourth quarter. Forum Financial Management LP now owns 5,732 shares of the industrial products company's stock valued at $710,000 after acquiring an additional 953 shares in the last quarter. Finally, HITE Hedge Asset Management LLC purchased a new stake in shares of Emerson Electric during the fourth quarter worth approximately $4,312,000. 74.30% of the stock is owned by hedge funds and other institutional investors.

Emerson Electric Trading Up 0.2 %

Shares of EMR traded up $0.19 during midday trading on Friday, hitting $105.24. 2,636,051 shares of the stock were exchanged, compared to its average volume of 2,936,578. Emerson Electric Co. has a 52-week low of $90.06 and a 52-week high of $134.85. 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 stock has a fifty day simple moving average of $109.27 and a 200 day simple moving average of $118.63. The firm has a market cap of $59.34 billion, a P/E ratio of 25.12, a P/E/G ratio of 2.49 and a beta of 1.28.

Emerson Electric (NYSE:EMR - Get Free Report) last released its earnings results on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share 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, research analysts anticipate that Emerson Electric Co. will post 5.96 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Friday, February 14th were given a dividend of $0.5275 per share. This represents a $2.11 dividend on an annualized basis and a dividend yield of 2.00%. The ex-dividend date of this dividend was Friday, February 14th. Emerson Electric's dividend payout ratio is presently 50.36%.

Analyst Upgrades and Downgrades

EMR has been the topic of several recent research reports. Daiwa America raised shares of Emerson Electric to a "strong-buy" rating in a research note on Tuesday, January 28th. Barclays cut their price objective on shares of Emerson Electric from $105.00 to $99.00 and set an "underweight" rating for the company in a report on Thursday, April 10th. Citigroup lowered their target price on Emerson Electric from $132.00 to $119.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Morgan Stanley lifted their price objective on Emerson Electric from $105.00 to $112.00 and gave the stock an "underweight" rating in a research report on Thursday, February 6th. Finally, KeyCorp dropped their target price on Emerson Electric from $158.00 to $125.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $131.67.

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.