Moment Partners LLC Makes New $433,000 Investment in Emerson Electric Co. (NYSE:EMR)

Moment Partners LLC purchased a new position in shares of Emerson Electric Co. (NYSE:EMR - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,495 shares of the industrial products company's stock, valued at approximately $433,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Sava Infond d.o.o. bought a new stake in shares of Emerson Electric in the 4th quarter worth $1,195,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in Emerson Electric by 8.3% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,022,975 shares of the industrial products company's stock worth $126,276,000 after purchasing an additional 78,716 shares in the last quarter. Korea Investment CORP increased its stake in Emerson Electric by 2.9% in the 4th quarter. Korea Investment CORP now owns 396,227 shares of the industrial products company's stock valued at $49,104,000 after buying an additional 11,321 shares during the last quarter. Penobscot Investment Management Company Inc. lifted its position in shares of Emerson Electric by 1.6% during the 4th quarter. Penobscot Investment Management Company Inc. now owns 30,327 shares of the industrial products company's stock worth $3,758,000 after buying an additional 489 shares in the last quarter. Finally, Ipsen Advisor Group LLC purchased a new position in Emerson Electric in the fourth quarter worth $399,000. 74.30% of the stock is owned by hedge funds and other institutional investors.

Emerson Electric Price Performance

Shares of NYSE EMR traded down $0.14 during midday trading on Monday, reaching $108.50. The stock had a trading volume of 977,210 shares, compared to its average volume of 2,984,303. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.17 and a current ratio of 1.54. The stock has a 50-day moving average of $120.75 and a 200-day moving average of $119.75. The company has a market capitalization of $61.18 billion, a price-to-earnings ratio of 25.92, a price-to-earnings-growth ratio of 2.49 and a beta of 1.36. Emerson Electric Co. has a 12-month low of $96.62 and a 12-month high of $134.85.

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Emerson Electric (NYSE:EMR - Get Free Report) last issued 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%. As a group, research analysts anticipate that Emerson Electric Co. will post 5.96 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Friday, February 14th were issued a dividend of $0.5275 per share. This represents a $2.11 annualized dividend and a yield of 1.94%. The ex-dividend date was Friday, February 14th. Emerson Electric's dividend payout ratio is presently 50.36%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on EMR shares. Morgan Stanley boosted their price objective on Emerson Electric from $105.00 to $112.00 and gave the company an "underweight" rating in a research note on Thursday, February 6th. JPMorgan Chase & Co. lowered their price objective on shares of Emerson Electric from $137.00 to $135.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 15th. StockNews.com lowered shares of Emerson Electric from a "buy" rating to a "hold" rating in a research report on Monday, March 10th. Wells Fargo & Company raised their price target on Emerson Electric from $140.00 to $142.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Finally, Citigroup began coverage on Emerson Electric in a report on Monday, March 17th. They issued a "buy" rating and a $132.00 price objective for the company. Two analysts have rated the stock with a sell rating, five have given a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Emerson Electric presently has a consensus rating of "Moderate Buy" and a consensus target price of $135.94.

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.