Emerson Electric Co. (NYSE:EMR) Shares Acquired by TD Private Client Wealth LLC

TD Private Client Wealth LLC lifted its holdings in Emerson Electric Co. (NYSE:EMR - Free Report) by 7.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 40,582 shares of the industrial products company's stock after buying an additional 2,677 shares during the quarter. TD Private Client Wealth LLC's holdings in Emerson Electric were worth $5,029,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of EMR. Stephens Consulting LLC purchased a new position in shares of Emerson Electric during the fourth quarter worth approximately $25,000. Sugar Maple Asset Management LLC bought a new stake in shares of Emerson Electric in the 4th quarter valued at about $27,000. YANKCOM Partnership bought a new position in Emerson Electric in the fourth quarter worth approximately $30,000. Darwin Wealth Management LLC purchased a new position in shares of Emerson Electric in the 3rd quarter valued at $29,000. Finally, Fiduciary Advisors Inc. bought a new stake in Emerson Electric during the fourth quarter valued at about $35,000. Hedge funds and other institutional investors own 74.30% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have commented on EMR. Daiwa Capital Markets assumed coverage on shares of Emerson Electric in a research report on Tuesday, January 28th. They set an "outperform" rating and a $147.00 price target for the company. Royal Bank of Canada reissued an "outperform" rating and issued a $138.00 price target on shares of Emerson Electric in a report on Thursday, February 6th. Citigroup began coverage on shares of Emerson Electric in a report on Monday, March 17th. They issued a "buy" rating and a $132.00 price target for the company. Wells Fargo & Company raised their target price on Emerson Electric from $140.00 to $142.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. Finally, JPMorgan Chase & Co. cut their price objective on Emerson Electric from $137.00 to $135.00 and set a "neutral" rating on the stock in a report on Wednesday, January 15th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $136.22.

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Emerson Electric Trading Down 0.1 %

Shares of EMR traded down $0.16 during midday trading on Tuesday, hitting $115.21. 1,656,154 shares of the stock were exchanged, compared to its average volume of 2,660,965. The stock has a fifty day simple moving average of $121.53 and a 200 day simple moving average of $119.38. Emerson Electric Co. has a 52-week low of $96.62 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 firm has a market cap of $64.97 billion, a P/E ratio of 27.50, a P/E/G ratio of 2.49 and a beta of 1.36.

Emerson Electric (NYSE:EMR - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share for the quarter, beating analysts' consensus estimates of $1.28 by $0.10. Emerson Electric had a net margin of 13.74% and a return on equity of 12.08%. 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 declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Friday, February 14th were issued a dividend of $0.5275 per share. The ex-dividend date was Friday, February 14th. This represents a $2.11 annualized dividend and a yield of 1.83%. Emerson Electric's dividend payout ratio (DPR) is 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.