LM Advisors LLC Takes $1.19 Million Position in Emerson Electric Co. (NYSE:EMR)

LM Advisors LLC acquired a new stake in shares of Emerson Electric Co. (NYSE:EMR - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 9,617 shares of the industrial products company's stock, valued at approximately $1,192,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of EMR. Stephens Consulting LLC purchased a new position in shares of Emerson Electric in the 4th quarter worth about $25,000. Sugar Maple Asset Management LLC bought a new position in shares of Emerson Electric in the fourth quarter worth approximately $27,000. Murphy & Mullick Capital Management Corp bought a new stake in shares of Emerson Electric during the fourth quarter valued at approximately $28,000. YANKCOM Partnership purchased a new position in Emerson Electric in the 4th quarter worth approximately $30,000. Finally, Fiduciary Advisors Inc. purchased a new stake in Emerson Electric during the 4th quarter valued at $35,000. 74.30% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Jefferies Financial Group initiated coverage on Emerson Electric in a report on Thursday, December 12th. They set a "buy" rating and a $160.00 price target on the stock. Morgan Stanley upped their target price on shares of Emerson Electric from $105.00 to $112.00 and gave the company an "underweight" rating in a research note on Thursday, February 6th. Citigroup assumed coverage on shares of Emerson Electric in a research note on Monday, March 17th. They issued a "buy" rating and a $132.00 price target for the company. Royal Bank of Canada restated an "outperform" rating and issued a $138.00 target price on shares of Emerson Electric in a report on Thursday, February 6th. Finally, KeyCorp boosted their target price 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. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $135.94.

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Emerson Electric Price Performance

Shares of EMR stock traded up $0.03 during trading hours on Monday, hitting $108.67. The stock had a trading volume of 1,122,471 shares, compared to its average volume of 2,806,661. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.54 and a quick ratio of 1.17. The stock has a market capitalization of $61.28 billion, a price-to-earnings ratio of 25.95, a PEG ratio of 2.49 and a beta of 1.36. Emerson Electric Co. has a one year low of $96.62 and a one year high of $134.85. The stock's 50-day moving average price is $120.75 and its two-hundred day moving average price is $119.75.

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

Emerson Electric Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Friday, February 14th were issued a $0.5275 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.94%. Emerson Electric's dividend payout ratio (DPR) is presently 50.36%.

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.