GWN Securities Inc. Invests $470,000 in Emerson Electric Co. (NYSE:EMR)

GWN Securities Inc. bought a new position in shares of Emerson Electric Co. (NYSE:EMR - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 3,599 shares of the industrial products company's stock, valued at approximately $470,000.

Several other large investors have also added to or reduced their stakes in the company. State Street Corp grew its holdings in shares of Emerson Electric by 6.2% in the third quarter. State Street Corp now owns 25,810,167 shares of the industrial products company's stock valued at $2,822,858,000 after purchasing an additional 1,507,980 shares in the last quarter. Wellington Management Group LLP grew its stake in shares of Emerson Electric by 4.2% in the 3rd quarter. Wellington Management Group LLP now owns 14,552,544 shares of the industrial products company's stock worth $1,591,612,000 after buying an additional 581,102 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Emerson Electric by 1.4% during the 3rd quarter. Geode Capital Management LLC now owns 11,453,075 shares of the industrial products company's stock valued at $1,247,570,000 after buying an additional 162,985 shares in the last quarter. Nordea Investment Management AB lifted its stake in shares of Emerson Electric by 5.7% during the 4th quarter. Nordea Investment Management AB now owns 7,013,550 shares of the industrial products company's stock worth $871,083,000 after acquiring an additional 375,470 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Emerson Electric by 3.9% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,523,394 shares of the industrial products company's stock valued at $385,354,000 after acquiring an additional 132,186 shares during the period. Hedge funds and other institutional investors own 74.30% of the company's stock.

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Wall Street Analyst Weigh In

Several analysts have recently weighed in on EMR shares. Citigroup started coverage on Emerson Electric in a research report on Monday. They set a "buy" rating and a $132.00 target price for the company. Daiwa Capital Markets started coverage on shares of Emerson Electric in a research report on Tuesday, January 28th. They issued an "outperform" rating and a $147.00 price objective for the company. Barclays lowered shares of Emerson Electric from an "equal weight" rating to an "underweight" rating and reduced their target price for the stock from $135.00 to $110.00 in a research report on Monday, March 10th. JPMorgan Chase & Co. lowered their price target on Emerson Electric from $137.00 to $135.00 and set a "neutral" rating for the company in a report on Wednesday, January 15th. Finally, KeyCorp raised their price objective on Emerson Electric from $140.00 to $158.00 and gave the stock an "overweight" rating in a report on Monday, December 9th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $136.22.

Emerson Electric Stock Down 0.6 %

NYSE:EMR traded down $0.66 during midday trading on Thursday, reaching $111.73. 3,573,700 shares of the stock traded hands, compared to its average volume of 2,956,335. The business has a 50-day moving average of $121.86 and a two-hundred day moving average of $119.02. The stock has a market capitalization of $63.00 billion, a PE ratio of 26.67, a price-to-earnings-growth ratio of 2.49 and a beta of 1.36. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.17 and a current ratio of 1.54. Emerson Electric Co. has a 12-month low of $96.62 and a 12-month high of $134.85.

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

Emerson Electric Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Friday, February 14th were paid a $0.5275 dividend. This represents a $2.11 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date was Friday, February 14th. Emerson Electric's dividend payout ratio (DPR) is presently 50.36%.

About Emerson Electric

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.