WoodTrust Financial Corp Boosts Holdings in Emerson Electric Co. (NYSE:EMR)

WoodTrust Financial Corp raised its holdings in shares of Emerson Electric Co. (NYSE:EMR) by 8.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,665 shares of the industrial products company’s stock after buying an additional 436 shares during the period. WoodTrust Financial Corp’s holdings in Emerson Electric were worth $702,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. State Street Corp lifted its position in Emerson Electric by 6.2% during the third quarter. State Street Corp now owns 25,810,167 shares of the industrial products company’s stock valued at $2,822,858,000 after purchasing an additional 1,507,980 shares in the last quarter. Wellington Management Group LLP lifted its position in shares of Emerson Electric by 4.2% during the 3rd quarter. Wellington Management Group LLP now owns 14,552,544 shares of the industrial products company’s stock valued at $1,591,612,000 after buying an additional 581,102 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Emerson Electric by 1.4% during the 3rd quarter. Geode Capital Management LLC now owns 11,453,075 shares of the industrial products company’s stock valued at $1,247,570,000 after acquiring an additional 162,985 shares during the period. Nordea Investment Management AB increased its holdings in Emerson Electric by 5.7% in the 4th quarter. Nordea Investment Management AB now owns 7,013,550 shares of the industrial products company’s stock worth $871,083,000 after acquiring an additional 375,470 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Emerson Electric by 3.9% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,523,394 shares of the industrial products company’s stock worth $385,354,000 after acquiring an additional 132,186 shares during the period. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on EMR shares. Deutsche Bank Aktiengesellschaft upped their price target on shares of Emerson Electric from $136.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Wells Fargo & Company increased their price target on Emerson Electric from $140.00 to $142.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. BNP Paribas initiated coverage on Emerson Electric in a research report on Wednesday, November 13th. They issued an “outperform” rating and a $155.00 price objective on the stock. Jefferies Financial Group assumed coverage on Emerson Electric in a research report on Thursday, December 12th. They set a “buy” rating and a $160.00 target price for the company. Finally, Daiwa Capital Markets started coverage on Emerson Electric in a report on Tuesday, January 28th. They issued an “outperform” rating and a $147.00 price target on the stock. One research analyst has rated the stock with a sell rating, five have issued a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Emerson Electric has an average rating of “Moderate Buy” and an average price target of $137.26.

Emerson Electric Stock Down 2.8 %

Shares of NYSE EMR opened at $113.87 on Wednesday. The stock has a market capitalization of $64.21 billion, a price-to-earnings ratio of 27.18, a P/E/G ratio of 2.49 and a beta of 1.34. Emerson Electric Co. has a 12-month low of $96.62 and a 12-month high of $134.85. 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 price is $124.19 and its 200-day moving average price is $118.45.

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

Emerson Electric Announces Dividend

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 dividend of $0.5275 per share. This represents a $2.11 dividend on an annualized basis and a yield of 1.85%. The ex-dividend date of this dividend is Friday, February 14th. Emerson Electric’s dividend payout ratio (DPR) 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.