Generali Investments Management Co LLC Takes Position in Emerson Electric Co. (NYSE:EMR)

Generali Investments Management Co LLC purchased a new position in shares of Emerson Electric Co. (NYSE:EMR - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 11,397 shares of the industrial products company's stock, valued at approximately $1,412,000.

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

Emerson Electric Stock Up 1.0 %

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

Remove Ads

Emerson Electric (NYSE:EMR - Get Free Report) last released 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 return on equity of 12.08% and a net margin of 13.74%. On average, analysts predict that Emerson Electric Co. will post 5.96 earnings per share for the current year.

Emerson Electric Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Friday, February 14th were paid 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 1.87%. Emerson Electric's dividend payout ratio is currently 50.36%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. Jefferies Financial Group began coverage on shares of Emerson Electric in a report on Thursday, December 12th. They issued a "buy" rating and a $160.00 target price on the stock. Daiwa Capital Markets initiated coverage on Emerson Electric in a research report on Tuesday, January 28th. They issued an "outperform" rating and a $147.00 price objective for the company. Citigroup started coverage on Emerson Electric in a research report on Monday, March 17th. They issued a "buy" rating and a $132.00 target price on the stock. 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. Finally, Daiwa America raised shares of Emerson Electric to a "strong-buy" rating in a research report on Tuesday, January 28th. Two equities research 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's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $136.22.

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.