Xponance Inc. Purchases 3,524 Shares of Emerson Electric Co. (NYSE:EMR)

Xponance Inc. increased its position in shares of Emerson Electric Co. (NYSE:EMR - Free Report) by 4.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 85,204 shares of the industrial products company's stock after purchasing an additional 3,524 shares during the period. Xponance Inc.'s holdings in Emerson Electric were worth $10,559,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Swedbank AB lifted its holdings in Emerson Electric by 127.3% during the 3rd quarter. Swedbank AB now owns 2,544,439 shares of the industrial products company's stock valued at $278,285,000 after buying an additional 1,424,800 shares in the last quarter. Howard Capital Management Group LLC boosted its holdings in shares of Emerson Electric by 10.6% in the 3rd quarter. Howard Capital Management Group LLC now owns 1,878 shares of the industrial products company's stock valued at $205,000 after acquiring an additional 180 shares during the last quarter. Quest Partners LLC boosted its holdings in shares of Emerson Electric by 664.7% in the 3rd quarter. Quest Partners LLC now owns 3,357 shares of the industrial products company's stock valued at $367,000 after acquiring an additional 2,918 shares during the last quarter. Cassaday & Co Wealth Management LLC acquired a new position in shares of Emerson Electric in the 3rd quarter valued at $210,000. Finally, MidAtlantic Capital Management Inc. acquired a new position in shares of Emerson Electric in the 3rd quarter valued at $44,000. 74.30% of the stock is owned by hedge funds and other institutional investors.

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Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Daiwa America raised shares of Emerson Electric to a "strong-buy" rating in a report on Tuesday, January 28th. Morgan Stanley increased their target price on shares of Emerson Electric from $105.00 to $112.00 and gave the stock an "underweight" rating in a research note on Thursday, February 6th. KeyCorp raised their target price on shares of Emerson Electric from $140.00 to $158.00 and gave the company an "overweight" rating in a report on Monday, December 9th. Barclays cut shares of Emerson Electric from an "equal weight" rating to an "underweight" rating and cut their price objective for the stock from $135.00 to $110.00 in a report on Monday, March 10th. Finally, Wells Fargo & Company raised their price objective on shares of Emerson Electric from $140.00 to $142.00 and gave the stock an "overweight" rating in a 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. Based on data from MarketBeat, Emerson Electric has a consensus rating of "Moderate Buy" and a consensus price target of $136.22.

Emerson Electric Trading Up 1.0 %

Shares of EMR stock traded up $1.12 on Friday, reaching $112.92. 9,228,719 shares of the stock were exchanged, compared to its average volume of 2,660,857. The stock has a 50 day moving average price of $121.60 and a 200 day moving average price of $119.14. The stock has a market cap of $63.67 billion, a PE ratio of 26.95, 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 current ratio of 1.54 and a quick ratio of 1.17. Emerson Electric Co. has a one year low of $96.62 and a one year high of $134.85.

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

Emerson Electric Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Shareholders 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 yield of 1.87%. 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.