180 Wealth Advisors LLC Purchases 524 Shares of Emerson Electric Co. $EMR

180 Wealth Advisors LLC lifted its position in shares of Emerson Electric Co. (NYSE:EMR) by 1.9% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,191 shares of the industrial products company’s stock after acquiring an additional 524 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Emerson Electric were worth $3,759,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Wellington Management Group LLP raised its position in shares of Emerson Electric by 6.9% during the first quarter. Wellington Management Group LLP now owns 15,280,950 shares of the industrial products company’s stock worth $1,675,403,000 after acquiring an additional 980,652 shares during the last quarter. Nordea Investment Management AB boosted its position in shares of Emerson Electric by 19.5% in the 2nd quarter. Nordea Investment Management AB now owns 9,195,005 shares of the industrial products company’s stock worth $1,223,947,000 after purchasing an additional 1,499,000 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Emerson Electric by 9.3% in the 1st quarter. JPMorgan Chase & Co. now owns 7,166,817 shares of the industrial products company’s stock worth $785,770,000 after purchasing an additional 611,105 shares during the last quarter. Nuveen LLC bought a new position in shares of Emerson Electric in the 1st quarter worth $737,318,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Emerson Electric by 5.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,086,580 shares of the industrial products company’s stock worth $448,053,000 after purchasing an additional 223,831 shares during the last quarter. Institutional investors own 74.30% of the company’s stock.

Emerson Electric Stock Performance

EMR opened at $133.16 on Friday. The business’s 50-day moving average price is $131.75 and its two-hundred day moving average price is $126.64. Emerson Electric Co. has a 1 year low of $90.06 and a 1 year high of $150.27. The company has a market capitalization of $74.94 billion, a price-to-earnings ratio of 28.64, a P/E/G ratio of 2.25 and a beta of 1.29. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.85 and a quick ratio of 0.63.

Emerson Electric (NYSE:EMR) last released its quarterly earnings results on Thursday, April 6th. The industrial products company reported $0.79 earnings per share (EPS) for the quarter. Emerson Electric had a return on equity of 14.34% and a net margin of 14.92%.The firm had revenue of $3.16 billion for the quarter. Equities analysts expect that Emerson Electric Co. will post 5.96 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Friday, August 15th were paid a dividend of $0.5275 per share. The ex-dividend date was Friday, August 15th. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.6%. Emerson Electric’s dividend payout ratio is currently 45.38%.

Analyst Ratings Changes

Several research analysts have recently issued reports on EMR shares. Royal Bank Of Canada raised their price target on Emerson Electric from $154.00 to $155.00 and gave the stock an “outperform” rating in a research report on Thursday, October 16th. Barclays raised Emerson Electric from an “underweight” rating to an “equal weight” rating and raised their price objective for the stock from $125.00 to $127.00 in a research note on Thursday, August 7th. Stephens raised their price objective on Emerson Electric from $130.00 to $145.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 16th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Emerson Electric in a research note on Wednesday, October 8th. Finally, KeyCorp raised their price objective on Emerson Electric from $150.00 to $155.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 1st. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $148.28.

Emerson Electric Company 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.