Generali Asset Management SPA SGR Makes New Investment in Emerson Electric Co. (NYSE:EMR)

Generali Asset Management SPA SGR purchased a new position in shares of Emerson Electric Co. (NYSE:EMR - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 47,921 shares of the industrial products company's stock, valued at approximately $5,939,000.

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

Analyst Upgrades and Downgrades

Several brokerages have recently commented on EMR. Morgan Stanley boosted their target price on shares of Emerson Electric from $105.00 to $112.00 and gave the company an "underweight" rating in a research report on Thursday, February 6th. StockNews.com downgraded Emerson Electric from a "buy" rating to a "hold" rating in a report on Monday, March 10th. Barclays cut Emerson Electric from an "equal weight" rating to an "underweight" rating and lowered their price target for the stock from $135.00 to $110.00 in a report on Monday, March 10th. Jefferies Financial Group started coverage on Emerson Electric in a research note on Thursday, December 12th. They issued a "buy" rating and a $160.00 price objective on the stock. Finally, Royal Bank of Canada reissued an "outperform" rating and set a $138.00 target price on shares of Emerson Electric in a research note on Thursday, February 6th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Emerson Electric has an average rating of "Moderate Buy" and an average target price of $136.22.

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Emerson Electric Trading Up 1.0 %

NYSE:EMR traded up $1.12 on Friday, reaching $112.92. 9,228,719 shares of the stock traded hands, compared to its average volume of 2,660,857. The firm has a market capitalization of $63.67 billion, a price-to-earnings ratio of 26.95, a price-to-earnings-growth ratio of 2.49 and a beta of 1.36. Emerson Electric Co. has a 1-year low of $96.62 and a 1-year high of $134.85. The company has a current ratio of 1.54, a quick ratio of 1.17 and a debt-to-equity ratio of 0.25. The company's 50 day moving average is $121.60 and its 200-day moving average is $119.14.

Emerson Electric (NYSE:EMR - Get Free Report) last released its earnings results on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.10. Emerson Electric had a net margin of 13.74% and a return on equity of 12.08%. Equities research analysts anticipate 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 issued a dividend of $0.5275 per share. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date of this dividend was Friday, February 14th. Emerson Electric's payout ratio 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.