Emerson Electric Co. $EMR Stock Holdings Lifted by First Command Advisory Services Inc.

First Command Advisory Services Inc. raised its stake in Emerson Electric Co. (NYSE:EMR) by 89.8% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 634 shares of the industrial products company’s stock after acquiring an additional 300 shares during the period. First Command Advisory Services Inc.’s holdings in Emerson Electric were worth $85,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Saudi Central Bank bought a new position in shares of Emerson Electric in the first quarter valued at $25,000. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Emerson Electric in the first quarter valued at $27,000. PFS Partners LLC increased its holdings in shares of Emerson Electric by 65.9% in the second quarter. PFS Partners LLC now owns 272 shares of the industrial products company’s stock valued at $36,000 after buying an additional 108 shares in the last quarter. Princeton Global Asset Management LLC bought a new position in shares of Emerson Electric in the second quarter valued at $38,000. Finally, Clal Insurance Enterprises Holdings Ltd grew its position in Emerson Electric by 436.4% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 354 shares of the industrial products company’s stock worth $39,000 after purchasing an additional 288 shares in the last quarter. Institutional investors own 74.30% of the company’s stock.

Emerson Electric Trading Up 1.3%

Shares of NYSE:EMR opened at $134.41 on Tuesday. The stock has a market capitalization of $75.64 billion, a PE ratio of 28.90, a P/E/G ratio of 2.29 and a beta of 1.29. Emerson Electric Co. has a 1 year low of $90.06 and a 1 year high of $150.27. The firm has a fifty day moving average price of $131.83 and a 200 day moving average price of $127.51. The company has a current ratio of 0.85, a quick ratio of 0.63 and a debt-to-equity ratio of 0.42.

Emerson Electric (NYSE:EMR) last issued its quarterly earnings data on Thursday, April 6th. The industrial products company reported $0.79 earnings per share (EPS) for the quarter. The firm had revenue of $3.16 billion during the quarter. Emerson Electric had a net margin of 14.92% and a return on equity of 14.34%. Analysts expect 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 Wednesday, September 10th. Stockholders of record on Friday, August 15th were paid a $0.5275 dividend. 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 payout ratio is presently 45.38%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on EMR shares. Wolfe Research decreased their target price on Emerson Electric from $173.00 to $172.00 and set an “outperform” rating for the company in a research report on Wednesday, October 8th. Barclays upgraded Emerson Electric from an “underweight” rating to an “equal weight” rating and lifted their price target for the company from $125.00 to $127.00 in a report on Thursday, August 7th. Deutsche Bank Aktiengesellschaft lifted their price target on Emerson Electric from $157.00 to $159.00 and gave the company a “buy” rating in a report on Thursday, October 2nd. Citigroup lifted their price target on Emerson Electric from $146.00 to $165.00 and gave the company a “buy” rating in a report on Monday, July 14th. Finally, Wells Fargo & Company reiterated an “equal weight” rating and set a $140.00 price target (down previously from $150.00) on shares of Emerson Electric in a report on Monday, October 6th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $148.28.

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.