Vinva Investment Management Ltd Purchases 14,064 Shares of Emerson Electric Co. (NYSE:EMR)

Vinva Investment Management Ltd boosted its holdings in shares of Emerson Electric Co. (NYSE:EMR - Free Report) by 256.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,549 shares of the industrial products company's stock after purchasing an additional 14,064 shares during the period. Vinva Investment Management Ltd's holdings in Emerson Electric were worth $2,429,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Stephens Consulting LLC bought a new stake in Emerson Electric in the fourth quarter valued at $25,000. Sugar Maple Asset Management LLC bought a new stake in shares of Emerson Electric in the 4th quarter worth about $27,000. Darwin Wealth Management LLC acquired a new stake in shares of Emerson Electric during the 3rd quarter worth about $29,000. YANKCOM Partnership bought a new position in Emerson Electric during the 4th quarter valued at about $30,000. Finally, Fiduciary Advisors Inc. acquired a new position in Emerson Electric in the fourth quarter valued at about $35,000. 74.30% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Morgan Stanley lifted their target price on shares of Emerson Electric from $105.00 to $112.00 and gave the company an "underweight" rating in a research note on Thursday, February 6th. Daiwa Capital Markets initiated coverage on Emerson Electric in a research note on Tuesday, January 28th. They issued an "outperform" rating and a $147.00 price objective on the stock. Loop Capital raised their target price on Emerson Electric from $130.00 to $155.00 and gave the company a "buy" rating in a research note on Monday, December 2nd. Daiwa America upgraded shares of Emerson Electric to a "strong-buy" rating in a research report on Tuesday, January 28th. Finally, Barclays cut shares of Emerson Electric from an "equal weight" rating to an "underweight" rating and lowered their price objective for the company from $135.00 to $110.00 in a research report on Monday, March 10th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $136.22.

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Emerson Electric Trading Up 2.1 %

Shares of NYSE EMR traded up $2.33 during midday trading on Monday, reaching $115.44. 2,781,898 shares of the stock were exchanged, compared to its average volume of 2,661,336. Emerson Electric Co. has a 12 month low of $96.62 and a 12 month high of $134.85. The company has a market capitalization of $65.09 billion, a price-to-earnings ratio of 27.55, a P/E/G ratio of 2.49 and a beta of 1.36. 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 business has a 50-day simple moving average of $121.60 and a two-hundred day simple moving average of $119.27.

Emerson Electric (NYSE:EMR - Get Free Report) last posted its earnings results on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.28 by $0.10. Emerson Electric had a return on equity of 12.08% and a net margin of 13.74%. As a group, equities research analysts expect that Emerson Electric Co. will post 5.96 EPS for the current year.

Emerson Electric Dividend Announcement

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 annualized dividend and a dividend yield of 1.83%. The ex-dividend date was Friday, February 14th. Emerson Electric's dividend payout ratio is 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.