Emerson Electric Co. $EMR Stock Purchased by Calamos Advisors LLC

Calamos Advisors LLC lifted its holdings in shares of Emerson Electric Co. (NYSE:EMR) by 68.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 389,646 shares of the industrial products company’s stock after buying an additional 158,928 shares during the quarter. Calamos Advisors LLC owned about 0.07% of Emerson Electric worth $60,434,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of EMR. William Mack & Associates Inc. bought a new stake in shares of Emerson Electric during the third quarter valued at about $25,000. Allied Private Wealth LLC bought a new position in shares of Emerson Electric during the 2nd quarter valued at about $27,000. Financial Management Professionals Inc. boosted its position in Emerson Electric by 100.0% during the third quarter. Financial Management Professionals Inc. now owns 172 shares of the industrial products company’s stock valued at $27,000 after buying an additional 86 shares during the period. Next Level Wealth Planning LLC purchased a new position in shares of Emerson Electric in the third quarter worth $27,000. Finally, Orion Capital Management LLC bought a new stake in shares of Emerson Electric in the second quarter worth about $29,000. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

Emerson Electric News Roundup

Here are the key news stories impacting Emerson Electric this week:

• Positive Sentiment: Emerson’s fourth-quarter results beat expectations, while orders rose 14%, pointing to solid demand. Emerson Q4 earnings beat as orders jump 14%
• Positive Sentiment: Several firms lifted their targets and maintained bullish ratings: BNP Paribas Exane and KeyCorp set targets of $200, Citigroup $198, and RBC and Bernstein $196. Jefferies also raised its target to $200. These revisions signal stronger analyst optimism. BNP Paribas Exane ratings Jefferies raises target
• Positive Sentiment: Emerson raised its quarterly dividend 7.2% to $0.595 per share, extending its annual dividend-growth streak to 71 years. The increase supports the income-investor case, although the yield is relatively modest. Emerson raises dividend
• Neutral Sentiment: Recent coverage says analysts are broadly upbeat and cites LNG investment and reshoring as potential growth tailwinds, while acknowledging that the stock’s valuation is rich. Analyst estimates and ratings LNG and reshoring analysis
• Negative Sentiment: A separate Morgan Stanley forecast was characterized as pessimistic, providing a cautionary counterpoint to the recent analyst upgrades. Morgan Stanley forecast

Insider Buying and Selling

In other news, CEO Surendralal Karsanbhai sold 9,650 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total value of $1,562,431.50. Following the transaction, the chief executive officer directly owned 271,743 shares in the company, valued at $43,997,909.13. This trade represents a 3.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.23% of the company’s stock.

Emerson Electric Stock Down 0.2%

Shares of EMR stock traded down $0.33 during midday trading on Friday, reaching $162.28. 2,646,960 shares of the stock were exchanged, compared to its average volume of 2,874,288. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $172.00. The company’s 50 day moving average is $157.91 and its two-hundred day moving average is $147.61. The company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. The firm has a market cap of $90.89 billion, a PE ratio of 33.95, a price-to-earnings-growth ratio of 2.31 and a beta of 1.23.

Emerson Electric (NYSE:EMR) last released its earnings results on Wednesday, November 4th. The industrial products company reported $1.86 EPS for the quarter, beating analysts’ consensus estimates of $1.85 by $0.01. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%. The company had revenue of $5.20 billion during the quarter, compared to analysts’ expectations of $5.11 billion. During the same quarter last year, the business posted $1.62 EPS. The firm’s revenue for the quarter was up .0% compared to the same quarter last year. On average, equities research analysts predict that Emerson Electric Co. will post 7.21 EPS for the current year.

Emerson Electric Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Friday, November 13th will be issued a $0.5950 dividend. This represents a $2.38 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Friday, November 13th. This is an increase from Emerson Electric’s previous quarterly dividend of $0.5550. Emerson Electric’s dividend payout ratio (DPR) is presently 46.44%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Royal Bank Of Canada upped their price target on Emerson Electric from $188.00 to $196.00 and gave the company an “outperform” rating in a research report on Thursday. Deutsche Bank Aktiengesellschaft boosted their target price on Emerson Electric from $169.00 to $174.00 and gave the company a “hold” rating in a research note on Wednesday, September 30th. BMO Capital Markets upgraded Emerson Electric from a “hold” rating to a “strong-buy” rating in a report on Sunday, November 1st. Weiss Ratings upgraded shares of Emerson Electric from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. Finally, Rothschild & Co Redburn boosted their price objective on shares of Emerson Electric from $165.00 to $180.00 in a research report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $175.38.

Emerson Electric Company Profile

Emerson Electric Co is a global technology and engineering company focused on automation. It develops products and systems that help industrial and commercial customers monitor and control operations, including measurement instruments, control systems, valves, actuators, and industrial software.

The company serves customers across industries and regions worldwide. Its portfolio includes technologies for process and factory automation, as well as software used to design, operate, and optimize industrial facilities.

Founded in 1890 and headquartered in St.