Robeco Institutional Asset Management B.V. Has $25.29 Million Position in Emerson Electric Co. (NYSE:EMR)

Robeco Institutional Asset Management B.V. increased its holdings in shares of Emerson Electric Co. (NYSE:EMR) by 6.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 231,232 shares of the industrial products company’s stock after acquiring an additional 13,523 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Emerson Electric were worth $25,290,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in EMR. Norden Group LLC acquired a new position in shares of Emerson Electric in the 1st quarter worth approximately $231,000. Mediolanum International Funds Ltd bought a new position in Emerson Electric during the 1st quarter valued at about $398,000. Signaturefd LLC boosted its position in Emerson Electric by 6.9% in the first quarter. Signaturefd LLC now owns 12,121 shares of the industrial products company’s stock valued at $1,375,000 after buying an additional 780 shares in the last quarter. Blue Square Asset Management LLC grew its stake in Emerson Electric by 15.6% during the first quarter. Blue Square Asset Management LLC now owns 18,398 shares of the industrial products company’s stock worth $2,087,000 after buying an additional 2,489 shares during the last quarter. Finally, Texas Permanent School Fund Corp raised its stake in shares of Emerson Electric by 0.4% in the first quarter. Texas Permanent School Fund Corp now owns 118,175 shares of the industrial products company’s stock valued at $13,403,000 after acquiring an additional 467 shares during the last quarter. Institutional investors own 74.30% of the company’s stock.

Emerson Electric Stock Performance

Shares of NYSE:EMR opened at $117.67 on Wednesday. The company has a market capitalization of $67.39 billion, a price-to-earnings ratio of 39.49, a P/E/G ratio of 1.66 and a beta of 1.30. The firm’s 50 day simple moving average is $107.04 and its 200 day simple moving average is $108.92. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.16 and a quick ratio of 0.86. Emerson Electric Co. has a fifty-two week low of $83.10 and a fifty-two week high of $119.61.

Emerson Electric (NYSE:EMR) last released its quarterly earnings data on Wednesday, August 7th. The industrial products company reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.42 by $0.01. Emerson Electric had a net margin of 10.12% and a return on equity of 11.41%. The business had revenue of $4.38 billion during the quarter, compared to analysts’ expectations of $4.44 billion. During the same quarter in the prior year, the company earned $1.29 EPS. The firm’s quarterly revenue was up 11.0% on a year-over-year basis. As a group, sell-side analysts forecast that Emerson Electric Co. will post 5.48 earnings per share for the current year.

Emerson Electric Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Friday, November 15th will be paid a dividend of $0.5275 per share. This represents a $2.11 dividend on an annualized basis and a yield of 1.79%. This is a boost from Emerson Electric’s previous quarterly dividend of $0.53. The ex-dividend date is Friday, November 15th. Emerson Electric’s dividend payout ratio is presently 70.47%.

Analysts Set New Price Targets

EMR has been the subject of a number of recent analyst reports. Stephens cut Emerson Electric from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $135.00 to $120.00 in a report on Wednesday, October 16th. Oppenheimer lifted their price target on Emerson Electric from $120.00 to $125.00 and gave the company an “outperform” rating in a report on Thursday, September 26th. Robert W. Baird increased their price objective on shares of Emerson Electric from $117.00 to $118.00 and gave the stock a “neutral” rating in a report on Monday. StockNews.com downgraded shares of Emerson Electric from a “buy” rating to a “hold” rating in a research note on Thursday, July 25th. Finally, Wells Fargo & Company decreased their price target on shares of Emerson Electric from $137.00 to $128.00 and set an “overweight” rating on the stock in a research note on Thursday, August 8th. One analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $125.53.

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.