Mn Services Vermogensbeheer B.V. Increases Holdings in Emerson Electric Co. (NYSE:EMR)

Mn Services Vermogensbeheer B.V. boosted its stake in shares of Emerson Electric Co. (NYSE:EMR) by 2.0% during the 4th quarter, HoldingsChannel reports. The fund owned 224,100 shares of the industrial products company’s stock after purchasing an additional 4,300 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Emerson Electric were worth $27,773,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of EMR. Stephens Consulting LLC acquired a new stake in shares of Emerson Electric in the fourth quarter worth $25,000. Sugar Maple Asset Management LLC acquired a new stake in Emerson Electric during the 4th quarter worth $27,000. Capital Performance Advisors LLP purchased a new stake in shares of Emerson Electric during the third quarter worth $25,000. YANKCOM Partnership acquired a new stake in shares of Emerson Electric in the fourth quarter valued at about $30,000. Finally, Darwin Wealth Management LLC purchased a new position in shares of Emerson Electric in the third quarter worth about $29,000. 74.30% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently commented on EMR shares. Robert W. Baird lifted their price objective on Emerson Electric from $117.00 to $118.00 and gave the stock a “neutral” rating in a research report on Monday, November 4th. StockNews.com raised shares of Emerson Electric from a “hold” rating to a “buy” rating in a research report on Friday, February 7th. Wells Fargo & Company lifted their price objective on shares of Emerson Electric from $140.00 to $142.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Royal Bank of Canada reissued an “outperform” rating and issued a $138.00 price target on shares of Emerson Electric in a research report on Thursday, February 6th. Finally, BNP Paribas initiated coverage on Emerson Electric in a research note on Wednesday, November 13th. They issued an “outperform” rating and a $155.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Emerson Electric presently has an average rating of “Moderate Buy” and an average price target of $136.90.

Emerson Electric Trading Down 0.0 %

Shares of EMR opened at $119.72 on Thursday. The company has a current ratio of 1.54, a quick ratio of 1.17 and a debt-to-equity ratio of 0.25. The firm’s 50-day moving average is $124.67 and its two-hundred day moving average is $117.94. The firm has a market capitalization of $67.51 billion, a P/E ratio of 28.57, a PEG ratio of 2.49 and a beta of 1.34. Emerson Electric Co. has a twelve month low of $96.62 and a twelve month high of $134.85.

Emerson Electric (NYSE:EMR) last released its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.38 EPS for the quarter, beating 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%. On average, research analysts predict that Emerson Electric Co. will post 5.96 earnings per share for the current fiscal year.

Emerson Electric Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, February 14th will be issued a $0.5275 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.76%. Emerson Electric’s dividend payout ratio is 50.36%.

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.