Tower Research Capital LLC TRC Has $4.90 Million Stock Holdings in Emerson Electric Co. (NYSE:EMR)

Tower Research Capital LLC TRC increased its holdings in Emerson Electric Co. (NYSE:EMR - Free Report) by 213.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 39,533 shares of the industrial products company's stock after purchasing an additional 26,930 shares during the period. Tower Research Capital LLC TRC's holdings in Emerson Electric were worth $4,899,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Stephens Consulting LLC acquired a new stake in shares of Emerson Electric in the fourth quarter worth approximately $25,000. Sugar Maple Asset Management LLC acquired a new stake in shares of Emerson Electric during the 4th quarter worth $27,000. Murphy & Mullick Capital Management Corp purchased a new position in shares of Emerson Electric in the 4th quarter worth $28,000. YANKCOM Partnership acquired a new position in Emerson Electric in the fourth quarter valued at $30,000. Finally, Fiduciary Advisors Inc. acquired a new stake in Emerson Electric during the fourth quarter worth about $35,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Wells Fargo & Company raised their price target on shares of Emerson Electric from $140.00 to $142.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Royal Bank of Canada reissued an "outperform" rating and issued a $138.00 price objective on shares of Emerson Electric in a research report on Thursday, February 6th. Morgan Stanley boosted their price target on Emerson Electric from $105.00 to $112.00 and gave the stock an "underweight" rating in a research report on Thursday, February 6th. Citigroup dropped their price objective on shares of Emerson Electric from $132.00 to $119.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Finally, StockNews.com raised shares of Emerson Electric from a "hold" rating to a "buy" rating in a research note on Wednesday. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $131.67.

Emerson Electric Stock Performance

EMR stock traded up $0.19 during trading on Friday, reaching $105.24. 2,635,975 shares of the company's stock were exchanged, compared to its average volume of 2,931,407. The company's fifty day moving average price is $109.67 and its 200-day moving average price is $118.66. The firm has a market cap of $59.34 billion, a PE ratio of 25.12, a P/E/G ratio of 2.49 and a beta of 1.28. The company has a quick ratio of 1.17, a current ratio of 1.54 and a debt-to-equity ratio of 0.25. Emerson Electric Co. has a 1-year low of $90.06 and a 1-year high of $134.85.

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

Emerson Electric Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Friday, February 14th were given a $0.5275 dividend. This represents a $2.11 annualized dividend and a yield of 2.00%. The ex-dividend date was Friday, February 14th. Emerson Electric's dividend payout ratio (DPR) is presently 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.