Lbp Am Sa Has $17.33 Million Position in Emerson Electric Co. (NYSE:EMR)

LBP AM SA decreased its holdings in Emerson Electric Co. (NYSE:EMR - Free Report) by 62.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 139,826 shares of the industrial products company's stock after selling 230,555 shares during the quarter. LBP AM SA's holdings in Emerson Electric were worth $17,329,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Stephens Consulting LLC purchased a new position in Emerson Electric in the 4th quarter valued at approximately $25,000. Sugar Maple Asset Management LLC acquired a new position in Emerson Electric in the 4th quarter valued at about $27,000. YANKCOM Partnership acquired a new stake in shares of Emerson Electric during the 4th quarter worth about $30,000. Darwin Wealth Management LLC acquired a new position in shares of Emerson Electric in the third quarter valued at approximately $29,000. Finally, Fiduciary Advisors Inc. purchased a new position in shares of Emerson Electric during the fourth quarter valued at approximately $35,000. 74.30% of the stock is owned by institutional investors and hedge funds.

Emerson Electric Trading Down 1.6 %

NYSE:EMR traded down $1.83 on Tuesday, hitting $111.77. 2,724,830 shares of the stock were exchanged, compared to its average volume of 2,622,975. The stock has a market capitalization of $63.02 billion, a price-to-earnings ratio of 26.67, a P/E/G 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 52 week low of $96.62 and a 52 week high of $134.85. The company's 50-day moving average price is $122.21 and its 200 day moving average price is $119.03.

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Emerson Electric (NYSE:EMR - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share 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%. On average, equities research analysts forecast that Emerson Electric Co. will post 5.96 earnings per share for the current year.

Emerson Electric Dividend Announcement

The business also recently disclosed 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 dividend on an annualized basis and a dividend yield of 1.89%. Emerson Electric's dividend payout ratio (DPR) is presently 50.36%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on EMR. StockNews.com downgraded Emerson Electric from a "buy" rating to a "hold" rating in a report on Monday, March 10th. Wells Fargo & Company lifted their price objective on shares of Emerson Electric from $140.00 to $142.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Morgan Stanley increased their price target on Emerson Electric from $105.00 to $112.00 and gave the company an "underweight" rating in a report on Thursday, February 6th. KeyCorp increased their price objective on shares of Emerson Electric from $140.00 to $158.00 and gave the company an "overweight" rating in a research note on Monday, December 9th. Finally, Royal Bank of Canada reiterated an "outperform" rating and issued a $138.00 target price on shares of Emerson Electric in a research report on Thursday, February 6th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus 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.