Emerson Electric Co. (NYSE:EMR) Shares Acquired by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC boosted its position in shares of Emerson Electric Co. (NYSE:EMR) by 3.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 164,513 shares of the industrial products company’s stock after purchasing an additional 6,130 shares during the period. Emerson Electric makes up 0.6% of U.S. Capital Wealth Advisors LLC’s portfolio, making the stock its 27th biggest position. U.S. Capital Wealth Advisors LLC’s holdings in Emerson Electric were worth $16,012,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Waverly Advisors LLC grew its holdings in Emerson Electric by 100.2% during the 3rd quarter. Waverly Advisors LLC now owns 15,117 shares of the industrial products company’s stock valued at $1,460,000 after purchasing an additional 7,565 shares in the last quarter. Blackston Financial Advisory Group LLC acquired a new stake in Emerson Electric during the 4th quarter valued at $241,000. FMR LLC boosted its stake in Emerson Electric by 1.3% during the 3rd quarter. FMR LLC now owns 3,233,697 shares of the industrial products company’s stock valued at $312,278,000 after acquiring an additional 41,263 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC bought a new position in Emerson Electric during the 3rd quarter valued at $320,000. Finally, Capital Advisors Inc. OK boosted its stake in Emerson Electric by 821.0% during the 4th quarter. Capital Advisors Inc. OK now owns 86,231 shares of the industrial products company’s stock valued at $8,393,000 after acquiring an additional 76,868 shares during the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have commented on EMR shares. Mizuho increased their price objective on shares of Emerson Electric from $118.00 to $130.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. UBS Group increased their price objective on shares of Emerson Electric from $95.00 to $120.00 and gave the company a “neutral” rating in a research note on Thursday, March 21st. Royal Bank of Canada increased their price objective on shares of Emerson Electric from $106.00 to $120.00 and gave the company an “outperform” rating in a research note on Thursday, February 8th. Berenberg Bank increased their price objective on shares of Emerson Electric from $100.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday, March 6th. Finally, Barclays raised their price target on shares of Emerson Electric from $95.00 to $105.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 2nd. Three analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $118.07.

Insider Activity

In other Emerson Electric news, Director Mark A. Blinn sold 2,413 shares of the company’s stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $103.18, for a total value of $248,973.34. Following the completion of the sale, the director now directly owns 9,591 shares of the company’s stock, valued at approximately $989,599.38. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.25% of the company’s stock.

Emerson Electric Stock Performance

EMR traded up $0.13 during trading hours on Friday, hitting $106.54. The company’s stock had a trading volume of 5,925,874 shares, compared to its average volume of 2,217,240. Emerson Electric Co. has a fifty-two week low of $76.94 and a fifty-two week high of $115.26. The company has a 50-day simple moving average of $110.58 and a 200 day simple moving average of $99.68. The company has a current ratio of 1.12, a quick ratio of 0.80 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $60.81 billion, a PE ratio of 5.55, a PEG ratio of 1.84 and a beta of 1.36.

Emerson Electric (NYSE:EMR) last released its earnings results on Wednesday, February 7th. The industrial products company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.04 by $0.18. The firm had revenue of $4.12 billion for the quarter, compared to analysts’ expectations of $3.91 billion. Emerson Electric had a net margin of 69.33% and a return on equity of 11.59%. Emerson Electric’s quarterly revenue was up 22.1% on a year-over-year basis. During the same quarter last year, the company earned $0.78 EPS. As a group, sell-side analysts expect that Emerson Electric Co. will post 5.4 EPS for the current year.

Emerson Electric Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 11th. Stockholders of record on Friday, February 16th were given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 1.97%. The ex-dividend date of this dividend was Thursday, February 15th. Emerson Electric’s dividend payout ratio (DPR) is presently 10.94%.

About Emerson Electric

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.