Emerson Electric Co. (NYSE:EMR) Shares Acquired by APG Asset Management N.V.

APG Asset Management N.V. boosted its position in Emerson Electric Co. (NYSE:EMR - Free Report) by 299.5% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 376,329 shares of the industrial products company's stock after purchasing an additional 282,126 shares during the period. APG Asset Management N.V. owned about 0.07% of Emerson Electric worth $45,040,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of EMR. Stephens Consulting LLC bought a new stake in shares of Emerson Electric during the 4th quarter worth $25,000. Sugar Maple Asset Management LLC purchased a new position in Emerson Electric in the fourth quarter valued at about $27,000. Murphy & Mullick Capital Management Corp purchased a new stake in shares of Emerson Electric during the 4th quarter worth approximately $28,000. YANKCOM Partnership bought a new stake in shares of Emerson Electric in the 4th quarter worth approximately $30,000. Finally, Fiduciary Advisors Inc. purchased a new position in Emerson Electric in the fourth quarter valued at approximately $35,000. Institutional investors own 74.30% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Morgan Stanley increased their price target on Emerson Electric from $105.00 to $112.00 and gave the stock an "underweight" rating in a research note on Thursday, February 6th. Daiwa America upgraded shares of Emerson Electric to a "strong-buy" rating in a research note on Tuesday, January 28th. KeyCorp dropped their price target on shares of Emerson Electric from $158.00 to $125.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Royal Bank of Canada reissued an "outperform" rating and set a $138.00 target price on shares of Emerson Electric in a report on Thursday, February 6th. Finally, Wells Fargo & Company raised their price target on Emerson Electric from $140.00 to $142.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $132.39.

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Emerson Electric Trading Down 0.2 %

Shares of EMR traded down $0.23 during mid-day trading on Monday, reaching $100.26. 1,218,752 shares of the company's stock traded hands, compared to its average volume of 3,151,577. Emerson Electric Co. has a 12 month low of $90.06 and a 12 month high of $134.85. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.54 and a quick ratio of 1.17. The stock has a market cap of $56.54 billion, a P/E ratio of 23.93, a P/E/G ratio of 2.49 and a beta of 1.28. The stock's 50-day moving average is $114.17 and its two-hundred day moving average is $119.42.

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

Emerson Electric Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Friday, February 14th were paid a dividend of $0.5275 per share. This represents a $2.11 dividend on an annualized basis and a dividend yield of 2.10%. The ex-dividend date of this dividend was Friday, February 14th. Emerson Electric's dividend payout ratio (DPR) is currently 50.36%.

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.