Ossiam Grows Stake in Emerson Electric Co. (NYSE:EMR)

Ossiam boosted its position in shares of Emerson Electric Co. (NYSE:EMR - Free Report) by 2,600.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,641 shares of the industrial products company's stock after buying an additional 35,284 shares during the period. Ossiam's holdings in Emerson Electric were worth $4,541,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. BI Asset Management Fondsmaeglerselskab A S raised its holdings in shares of Emerson Electric by 21.7% in the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 23,298 shares of the industrial products company's stock valued at $2,887,000 after buying an additional 4,161 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Emerson Electric by 9.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,879,670 shares of the industrial products company's stock valued at $356,886,000 after purchasing an additional 254,224 shares in the last quarter. Dnca Finance purchased a new stake in Emerson Electric during the 4th quarter worth about $1,239,000. Ecofi Investissements SA increased its stake in Emerson Electric by 0.3% in the fourth quarter. Ecofi Investissements SA now owns 35,800 shares of the industrial products company's stock valued at $4,111,000 after purchasing an additional 100 shares during the last quarter. Finally, Freedom Investment Management Inc. acquired a new stake in Emerson Electric during the 4th quarter worth $475,000. Hedge funds and other institutional investors own 74.30% of the company's stock.

Analysts Set New Price Targets

EMR has been the subject of several recent analyst reports. StockNews.com upgraded shares of Emerson Electric from a "hold" rating to a "buy" rating in a research note on Wednesday. Daiwa America upgraded Emerson Electric to a "strong-buy" rating in a research report on Tuesday, January 28th. 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 on the stock. Morgan Stanley upped their price target on shares of Emerson Electric from $105.00 to $112.00 and gave the stock an "underweight" rating in a research report on Thursday, February 6th. Finally, Barclays reduced their price target on shares of Emerson Electric from $105.00 to $99.00 and set an "underweight" rating on the stock in a research report on Thursday, April 10th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $131.67.

Emerson Electric Stock Up 1.3 %

Shares of EMR stock traded up $1.32 during trading hours on Wednesday, hitting $101.11. 3,838,128 shares of the company were exchanged, compared to its average volume of 2,929,046. The business has a 50 day moving average of $110.48 and a two-hundred day moving average of $118.84. Emerson Electric Co. has a 52 week low of $90.06 and a 52 week high of $134.85. The company has a market capitalization of $57.01 billion, a PE ratio of 24.13, a PEG ratio of 2.49 and a beta of 1.28. The company has a current ratio of 1.54, a quick ratio of 1.17 and a debt-to-equity ratio of 0.25.

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

Emerson Electric Dividend Announcement

The firm also recently announced 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. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.11 annualized dividend and a yield of 2.09%. Emerson Electric's dividend payout ratio is currently 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.