Emerson Electric Co. (NYSE:EMR) Shares Bought by Albert D Mason Inc.

Albert D Mason Inc. increased its position in shares of Emerson Electric Co. (NYSE:EMR) by 2.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,833 shares of the industrial products company’s stock after purchasing an additional 283 shares during the period. Albert D Mason Inc.’s holdings in Emerson Electric were worth $1,590,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Capital Performance Advisors LLP bought a new stake in shares of Emerson Electric in the 3rd quarter worth approximately $25,000. Darwin Wealth Management LLC acquired a new position in Emerson Electric in the third quarter worth approximately $29,000. Morton Brown Family Wealth LLC bought a new position in shares of Emerson Electric in the third quarter valued at $33,000. Frazier Financial Advisors LLC acquired a new stake in shares of Emerson Electric during the 3rd quarter valued at $33,000. Finally, Catalyst Capital Advisors LLC bought a new stake in shares of Emerson Electric during the 3rd quarter worth $43,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Emerson Electric Stock Performance

Shares of EMR opened at $124.65 on Friday. The firm has a market cap of $70.99 billion, a price-to-earnings ratio of 36.45, a price-to-earnings-growth ratio of 1.98 and a beta of 1.35. The company’s fifty day moving average is $127.10 and its 200-day moving average is $115.11. The company has a quick ratio of 1.40, a current ratio of 1.77 and a debt-to-equity ratio of 0.26. Emerson Electric Co. has a 12 month low of $91.64 and a 12 month high of $134.85.

Emerson Electric Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Friday, November 15th were issued a dividend of $0.5275 per share. This is a positive change from Emerson Electric’s previous quarterly dividend of $0.53. This represents a $2.11 annualized dividend and a yield of 1.69%. The ex-dividend date of this dividend was Friday, November 15th. Emerson Electric’s dividend payout ratio (DPR) is 61.70%.

Insiders Place Their Bets

In related news, SVP Michael H. Train sold 21,525 shares of the company’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $125.96, for a total transaction of $2,711,289.00. Following the completion of the sale, the senior vice president now directly owns 262,408 shares of the company’s stock, valued at approximately $33,052,911.68. This represents a 7.58 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.50% of the company’s stock.

Wall Street Analysts Forecast Growth

EMR has been the subject of several analyst reports. Wells Fargo & Company reduced their target price on Emerson Electric from $145.00 to $140.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. JPMorgan Chase & Co. dropped their target price on shares of Emerson Electric from $137.00 to $135.00 and set a “neutral” rating on the stock in a research report on Wednesday. KeyCorp upped their price target on shares of Emerson Electric from $140.00 to $158.00 and gave the company an “overweight” rating in a research report on Monday, December 9th. StockNews.com cut shares of Emerson Electric from a “buy” rating to a “hold” rating in a research report on Wednesday, January 1st. Finally, Royal Bank of Canada reduced their target price on Emerson Electric from $139.00 to $138.00 and set an “outperform” rating for the company in a report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $135.89.

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.