Personal CFO Solutions LLC Boosts Holdings in Emerson Electric Co. (NYSE:EMR)

Personal CFO Solutions LLC lifted its position in Emerson Electric Co. (NYSE:EMR) by 4.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,303 shares of the industrial products company’s stock after purchasing an additional 303 shares during the quarter. Personal CFO Solutions LLC’s holdings in Emerson Electric were worth $660,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in EMR. RB Capital Management LLC boosted its position in shares of Emerson Electric by 3.0% during the 1st quarter. RB Capital Management LLC now owns 5,358 shares of the industrial products company’s stock valued at $525,000 after acquiring an additional 155 shares during the last quarter. Fairfield Bush & CO. purchased a new stake in Emerson Electric in the first quarter valued at approximately $116,000. Prudential PLC bought a new stake in Emerson Electric during the first quarter valued at approximately $1,215,000. Sequoia Financial Advisors LLC grew its stake in Emerson Electric by 17.5% in the 1st quarter. Sequoia Financial Advisors LLC now owns 9,521 shares of the industrial products company’s stock worth $934,000 after buying an additional 1,418 shares in the last quarter. Finally, Brighton Jones LLC increased its holdings in shares of Emerson Electric by 31.8% in the 1st quarter. Brighton Jones LLC now owns 3,856 shares of the industrial products company’s stock worth $378,000 after buying an additional 931 shares during the last quarter. Hedge funds and other institutional investors own 72.02% of the company’s stock.

Insider Activity

In other Emerson Electric news, CMO Vidya Ramnath sold 2,500 shares of the stock in a transaction on Tuesday, September 5th. The stock was sold at an average price of $97.86, for a total value of $244,650.00. Following the completion of the transaction, the chief marketing officer now owns 11,870 shares in the company, valued at $1,161,598.20. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In related news, Director Arthur F. Golden purchased 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 8th. The shares were bought at an average price of $85.64 per share, for a total transaction of $256,920.00. Following the purchase, the director now directly owns 97,504 shares of the company’s stock, valued at approximately $8,350,242.56. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CMO Vidya Ramnath sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 5th. The shares were sold at an average price of $97.86, for a total value of $244,650.00. Following the transaction, the chief marketing officer now directly owns 11,870 shares of the company’s stock, valued at approximately $1,161,598.20. The disclosure for this sale can be found here. 0.33% of the stock is currently owned by company insiders.

Emerson Electric Price Performance

Shares of EMR stock opened at $89.27 on Friday. The business’s 50 day moving average price is $93.28 and its 200-day moving average price is $90.84. Emerson Electric Co. has a fifty-two week low of $76.94 and a fifty-two week high of $100.62. The firm has a market cap of $50.89 billion, a P/E ratio of 3.89, a P/E/G ratio of 1.52 and a beta of 1.38. The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.35 and a current ratio of 2.75.

Emerson Electric (NYSE:EMR) last issued its quarterly earnings data on Tuesday, November 7th. The industrial products company reported $1.29 EPS for the quarter, missing the consensus estimate of $1.30 by ($0.01). Emerson Electric had a return on equity of 11.78% and a net margin of 87.17%. The company had revenue of $4.09 billion during the quarter, compared to the consensus estimate of $4.20 billion. During the same quarter last year, the company posted $1.53 earnings per share. The firm’s revenue for the quarter was up 5.1% compared to the same quarter last year. On average, equities research analysts anticipate that Emerson Electric Co. will post 5.26 earnings per share for the current year.

Emerson Electric Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 11th. Stockholders of record on Friday, November 17th will be given a $0.525 dividend. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $2.10 annualized dividend and a dividend yield of 2.35%. This is a positive change from Emerson Electric’s previous quarterly dividend of $0.52. Emerson Electric’s dividend payout ratio is currently 9.08%.

Analysts Set New Price Targets

Several research analysts recently issued reports on EMR shares. Barclays cut their target price on shares of Emerson Electric from $105.00 to $100.00 in a research report on Tuesday, October 10th. UBS Group cut Emerson Electric from a “buy” rating to a “neutral” rating and raised their price objective for the company from $97.00 to $104.00 in a report on Tuesday, October 3rd. StockNews.com lowered Emerson Electric from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. Mizuho lifted their price target on shares of Emerson Electric from $90.00 to $95.00 and gave the stock a “neutral” rating in a research note on Thursday, August 3rd. Finally, Wells Fargo & Company cut their price objective on shares of Emerson Electric from $110.00 to $105.00 in a research note on Monday, October 9th. Five equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Emerson Electric presently has a consensus rating of “Moderate Buy” and a consensus price target of $105.11.

About Emerson Electric

Emerson Electric Co, a technology and engineering 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.