XML Financial LLC Has $4.91 Million Holdings in Emerson Electric Co. (NYSE:EMR)

XML Financial LLC increased its position in Emerson Electric Co. (NYSE:EMR - Free Report) by 21.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 44,844 shares of the industrial products company's stock after purchasing an additional 7,988 shares during the quarter. XML Financial LLC's holdings in Emerson Electric were worth $4,905,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of EMR. Newport Trust Company LLC acquired a new stake in shares of Emerson Electric during the 2nd quarter worth about $574,908,000. Pathway Financial Advisers LLC grew its stake in Emerson Electric by 10,993.2% during the third quarter. Pathway Financial Advisers LLC now owns 2,070,428 shares of the industrial products company's stock worth $226,443,000 after buying an additional 2,051,764 shares during the last quarter. Van ECK Associates Corp increased its holdings in shares of Emerson Electric by 107.2% during the third quarter. Van ECK Associates Corp now owns 3,896,889 shares of the industrial products company's stock worth $422,852,000 after buying an additional 2,016,075 shares in the last quarter. Swedbank AB raised its stake in shares of Emerson Electric by 127.3% in the third quarter. Swedbank AB now owns 2,544,439 shares of the industrial products company's stock valued at $278,285,000 after acquiring an additional 1,424,800 shares during the last quarter. Finally, Perpetual Ltd grew its position in Emerson Electric by 57,336.1% during the 3rd quarter. Perpetual Ltd now owns 1,206,158 shares of the industrial products company's stock worth $131,918,000 after acquiring an additional 1,204,058 shares during the last quarter. Institutional investors own 74.30% of the company's stock.

Insider Buying and Selling

In other Emerson Electric news, SVP Michael H. Train sold 21,525 shares of Emerson Electric stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $125.96, for a total value of $2,711,289.00. Following the sale, the senior vice president now directly owns 262,408 shares in the company, valued at approximately $33,052,911.68. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.25% of the stock is currently owned by corporate insiders.

Emerson Electric Trading Up 0.1 %

Shares of Emerson Electric stock traded up $0.07 during trading hours on Friday, hitting $127.26. The company's stock had a trading volume of 2,748,179 shares, compared to its average volume of 2,680,459. Emerson Electric Co. has a 12 month low of $85.00 and a 12 month high of $128.56. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.77 and a quick ratio of 0.86. The company has a market capitalization of $72.88 billion, a PE ratio of 37.21, a price-to-earnings-growth ratio of 1.94 and a beta of 1.30. The stock has a 50 day moving average of $108.39 and a 200 day moving average of $109.30.

Emerson Electric (NYSE:EMR - Get Free Report) last announced its earnings results on Wednesday, August 7th. The industrial products company reported $1.43 earnings per share for the quarter, topping analysts' consensus estimates of $1.42 by $0.01. The firm had revenue of $4.38 billion during the quarter, compared to analyst estimates of $4.44 billion. Emerson Electric had a net margin of 11.25% and a return on equity of 11.73%. The company's revenue for the quarter was up 11.0% compared to the same quarter last year. During the same period in the prior year, the business earned $1.29 EPS. Analysts predict that Emerson Electric Co. will post 5.96 earnings per share for the current year.

Emerson Electric Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Friday, November 15th will be issued a $0.5275 dividend. The ex-dividend date is Friday, November 15th. This is an increase from Emerson Electric's previous quarterly dividend of $0.53. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.66%. Emerson Electric's dividend payout ratio (DPR) is 61.40%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on EMR. Royal Bank of Canada cut their price objective on Emerson Electric from $139.00 to $138.00 and set an "outperform" rating for the company in a research report on Wednesday. JPMorgan Chase & Co. downgraded shares of Emerson Electric from an "overweight" rating to a "neutral" rating and reduced their price target for the stock from $132.00 to $115.00 in a research report on Wednesday, August 14th. Oppenheimer boosted their target price on shares of Emerson Electric from $120.00 to $125.00 and gave the stock an "outperform" rating in a research note on Thursday, September 26th. Wells Fargo & Company increased their price target on shares of Emerson Electric from $128.00 to $135.00 and gave the company an "overweight" rating in a research note on Wednesday. Finally, KeyCorp boosted their price objective on shares of Emerson Electric from $125.00 to $140.00 and gave the stock an "overweight" rating in a research report on Wednesday. One investment analyst has rated the stock with a sell rating, five have given a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $127.65.

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.