Kathmere Capital Management LLC Invests $498,000 in Emerson Electric Co. (NYSE:EMR)

Kathmere Capital Management LLC purchased a new position in Emerson Electric Co. (NYSE:EMR - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,022 shares of the industrial products company's stock, valued at approximately $498,000.

Several other institutional investors have also recently made changes to their positions in the stock. Capital Performance Advisors LLP bought a new position in shares of Emerson Electric in the third quarter valued at $25,000. Darwin Wealth Management LLC purchased a new stake in shares of Emerson Electric in the third quarter worth approximately $29,000. Frazier Financial Advisors LLC bought a new position in shares of Emerson Electric in the third quarter valued at approximately $33,000. Morton Brown Family Wealth LLC bought a new stake in Emerson Electric during the third quarter worth $33,000. Finally, Catalyst Capital Advisors LLC purchased a new stake in Emerson Electric in the 3rd quarter valued at $43,000. Institutional investors and hedge funds own 74.30% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on EMR shares. Oppenheimer raised their price target on shares of Emerson Electric from $120.00 to $125.00 and gave the company an "outperform" rating in a research report on Thursday, September 26th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Emerson Electric from $136.00 to $140.00 and gave the stock a "buy" rating in a research report on Wednesday, November 6th. StockNews.com lowered Emerson Electric from a "buy" rating to a "hold" rating in a research report on Wednesday, January 1st. Wells Fargo & Company reduced their price target on shares of Emerson Electric from $145.00 to $140.00 and set an "overweight" rating for the company in a research report on Tuesday, January 7th. Finally, Loop Capital increased their target price on shares of Emerson Electric from $130.00 to $155.00 and gave the company a "buy" rating in a research report on Monday, December 2nd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have given a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $135.89.

Emerson Electric Price Performance

Shares of EMR stock traded up $2.60 during trading hours on Thursday, reaching $123.32. The stock had a trading volume of 2,872,021 shares, compared to its average volume of 2,429,702. The stock's fifty day simple moving average is $127.18 and its 200 day simple moving average is $115.05. The firm has a market capitalization of $70.23 billion, a PE ratio of 36.06, a PEG ratio of 1.98 and a beta of 1.35. Emerson Electric Co. has a 12 month low of $91.64 and a 12 month high of $134.85. The company has a current ratio of 1.77, a quick ratio of 1.40 and a debt-to-equity ratio of 0.26.

Emerson Electric Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Friday, November 15th were issued a $0.5275 dividend. This represents a $2.11 annualized dividend and a yield of 1.71%. This is an increase from Emerson Electric's previous quarterly dividend of $0.53. The ex-dividend date was Friday, November 15th. Emerson Electric's dividend payout ratio (DPR) is presently 61.70%.

Insider Transactions at Emerson Electric

In related news, SVP Michael H. Train sold 21,525 shares of the business's stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $125.96, for a total transaction of $2,711,289.00. Following the completion of the transaction, the senior vice president now directly owns 262,408 shares in the company, valued at $33,052,911.68. The trade was a 7.58 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.50% of the company's stock.

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.