FourThought Financial Partners LLC Makes New $580,000 Investment in Emerson Electric Co. (NYSE:EMR)

FourThought Financial Partners LLC bought a new position in shares of Emerson Electric Co. (NYSE:EMR) during the 4th quarter, HoldingsChannel reports. The fund bought 4,676 shares of the industrial products company’s stock, valued at approximately $580,000.

Other large investors also recently modified their holdings of the company. Stephens Consulting LLC acquired a new stake in Emerson Electric in the fourth quarter valued at about $25,000. Sugar Maple Asset Management LLC acquired a new stake in shares of Emerson Electric during the fourth quarter valued at about $27,000. Capital Performance Advisors LLP acquired a new stake in shares of Emerson Electric during the third quarter valued at about $25,000. YANKCOM Partnership acquired a new stake in shares of Emerson Electric during the fourth quarter valued at about $30,000. Finally, Darwin Wealth Management LLC acquired a new stake in shares of Emerson Electric during the third quarter valued at about $29,000. 74.30% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

EMR has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft lifted their price target on Emerson Electric from $136.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. StockNews.com upgraded Emerson Electric from a “hold” rating to a “buy” rating in a research report on Friday, February 7th. Robert W. Baird raised 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. Daiwa Capital Markets initiated coverage on Emerson Electric in a research report on Tuesday, January 28th. They set an “outperform” rating and a $147.00 price objective for the company. Finally, Daiwa America upgraded Emerson Electric to a “strong-buy” rating in a report on Tuesday, January 28th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $136.90.

Emerson Electric Stock Down 0.8 %

Shares of NYSE EMR opened at $119.68 on Wednesday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.54 and a quick ratio of 1.17. Emerson Electric Co. has a 1 year low of $96.62 and a 1 year high of $134.85. The stock has a market capitalization of $67.49 billion, a P/E ratio of 28.56, a P/E/G ratio of 2.49 and a beta of 1.34. The company has a 50-day moving average price of $124.72 and a 200-day moving average price of $117.93.

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, topping 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, equities research analysts forecast that Emerson Electric Co. will post 5.96 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

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