Schroder Investment Management Group Has $542.38 Million Stake in Emerson Electric Co. (NYSE:EMR)

Schroder Investment Management Group increased its stake in Emerson Electric Co. (NYSE:EMR) by 4.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 4,376,492 shares of the industrial products company’s stock after purchasing an additional 171,946 shares during the quarter. Schroder Investment Management Group’s holdings in Emerson Electric were worth $542,379,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Stephens Consulting LLC acquired a new position in shares of Emerson Electric during the fourth quarter worth about $25,000. Sugar Maple Asset Management LLC acquired a new position in Emerson Electric during the 4th quarter worth approximately $27,000. Murphy & Mullick Capital Management Corp bought a new position in shares of Emerson Electric during the 4th quarter worth approximately $28,000. YANKCOM Partnership acquired a new stake in shares of Emerson Electric in the fourth quarter valued at approximately $30,000. Finally, Fiduciary Advisors Inc. bought a new stake in shares of Emerson Electric in the fourth quarter worth $35,000. Institutional investors own 74.30% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on EMR. Morgan Stanley raised their target price on shares of Emerson Electric from $105.00 to $112.00 and gave the company an “underweight” rating in a research report on Thursday, February 6th. StockNews.com downgraded Emerson Electric from a “buy” rating to a “hold” rating in a research report on Monday, March 10th. Wells Fargo & Company increased their price target on Emerson Electric from $140.00 to $142.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Daiwa America raised Emerson Electric to a “strong-buy” rating in a research report on Tuesday, January 28th. Finally, KeyCorp increased their price objective on Emerson Electric from $140.00 to $158.00 and gave the company an “overweight” rating in a report on Monday, December 9th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $135.94.

Emerson Electric Price Performance

Emerson Electric stock opened at $108.56 on Friday. The company has a market capitalization of $61.22 billion, a price-to-earnings ratio of 25.91, a PEG ratio of 2.49 and a beta of 1.36. The stock’s 50 day moving average is $120.75 and its 200-day moving average is $119.61. The company has a current ratio of 1.54, a quick ratio of 1.17 and a debt-to-equity ratio of 0.25. Emerson Electric Co. has a 12 month low of $96.62 and a 12 month high of $134.85.

Emerson Electric (NYSE:EMR) last issued its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.38 EPS for the quarter, beating analysts’ consensus estimates 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 expect that Emerson Electric Co. will post 5.96 EPS for the current year.

Emerson Electric Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Friday, February 14th were issued a $0.5275 dividend. This represents a $2.11 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date of this dividend was Friday, February 14th. Emerson Electric’s dividend payout ratio is currently 50.36%.

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.