World Investment Advisors Buys 6,079 Shares of Emerson Electric Co. (NYSE:EMR)

World Investment Advisors grew its position in Emerson Electric Co. (NYSE:EMR - Free Report) by 41.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,823 shares of the industrial products company's stock after purchasing an additional 6,079 shares during the quarter. World Investment Advisors' holdings in Emerson Electric were worth $2,581,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the business. Stephens Consulting LLC bought a new stake in Emerson Electric during the fourth quarter worth approximately $25,000. Sugar Maple Asset Management LLC acquired a new stake in Emerson Electric in the fourth quarter worth about $27,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Emerson Electric during the fourth quarter worth $28,000. YANKCOM Partnership purchased a new stake in Emerson Electric in the fourth quarter valued at $30,000. Finally, Fiduciary Advisors Inc. purchased a new position in Emerson Electric during the fourth quarter valued at $35,000. Hedge funds and other institutional investors own 74.30% of the company's stock.

Wall Street Analysts Forecast Growth

EMR has been the topic of a number of recent analyst reports. Daiwa America upgraded Emerson Electric to a "strong-buy" rating in a report on Tuesday, January 28th. Wells Fargo & Company boosted their price target on shares of Emerson Electric from $140.00 to $142.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Barclays lowered their price target on Emerson Electric from $105.00 to $99.00 and set an "underweight" rating on the stock in a report on Thursday. Jefferies Financial Group began coverage on shares of Emerson Electric in a report on Thursday, December 12th. They set a "buy" rating and a $160.00 price target for the company. Finally, JPMorgan Chase & Co. cut their price objective on shares of Emerson Electric from $135.00 to $110.00 and set a "neutral" rating for the company in a research report on Tuesday. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Emerson Electric currently has a consensus rating of "Moderate Buy" and an average price target of $132.39.

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Emerson Electric Trading Down 6.3 %

Shares of EMR stock traded down $6.60 during mid-day trading on Thursday, reaching $97.83. 1,219,854 shares of the stock traded hands, compared to its average volume of 2,879,246. The stock's fifty day simple moving average is $115.29 and its two-hundred day simple moving average is $119.42. The company has a quick ratio of 1.17, a current ratio of 1.54 and a debt-to-equity ratio of 0.25. Emerson Electric Co. has a 1-year low of $90.06 and a 1-year high of $134.85. The company has a market cap of $55.17 billion, a price-to-earnings ratio of 23.33, a price-to-earnings-growth ratio of 2.49 and a beta of 1.28.

Emerson Electric (NYSE:EMR - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share for the quarter, beating analysts' consensus estimates 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, research analysts anticipate that Emerson Electric Co. will post 5.96 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Friday, February 14th were issued a $0.5275 dividend. This represents a $2.11 annualized dividend and a yield of 2.16%. The ex-dividend date of this dividend 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.