Adero Partners LLC Acquires New Holdings in Emerson Electric Co. (NYSE:EMR)

Adero Partners LLC acquired a new stake in shares of Emerson Electric Co. (NYSE:EMR) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,823 shares of the industrial products company’s stock, valued at approximately $226,000.

A number of other institutional investors have also recently bought and sold shares of EMR. Capital Performance Advisors LLP bought a new position in Emerson Electric in the third quarter valued at approximately $25,000. Stephens Consulting LLC bought a new position in Emerson Electric in the fourth quarter valued at approximately $25,000. Sugar Maple Asset Management LLC bought a new position in Emerson Electric in the fourth quarter valued at approximately $27,000. Darwin Wealth Management LLC bought a new position in Emerson Electric in the third quarter valued at approximately $29,000. Finally, YANKCOM Partnership bought a new position in Emerson Electric in the fourth quarter valued at approximately $30,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on EMR shares. StockNews.com lowered shares of Emerson Electric from a “buy” rating to a “hold” rating in a research note on Wednesday, January 1st. Morgan Stanley boosted their price objective on shares of Emerson Electric from $105.00 to $112.00 and gave the stock an “underweight” rating in a research report on Thursday. Daiwa America raised shares of Emerson Electric to a “strong-buy” rating in a research report on Tuesday, January 28th. Jefferies Financial Group initiated coverage on shares of Emerson Electric in a research report on Thursday, December 12th. They issued a “buy” rating and a $160.00 price objective on the stock. Finally, KeyCorp boosted their price objective on shares of Emerson Electric from $140.00 to $158.00 and gave the stock an “overweight” rating in a research report on Monday, December 9th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $136.90.

Emerson Electric Price Performance

NYSE:EMR opened at $127.49 on Friday. Emerson Electric Co. has a one year low of $96.62 and a one year high of $134.85. The company has a market cap of $72.61 billion, a P/E ratio of 37.28, a P/E/G ratio of 2.22 and a beta of 1.34. The firm’s fifty day moving average price is $126.78 and its two-hundred day moving average price is $116.66. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.77 and a quick ratio of 1.40.

Emerson Electric (NYSE:EMR) last released its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.38 EPS for the quarter, beating the consensus estimate of $1.28 by $0.10. Emerson Electric had a net margin of 11.25% and a return on equity of 11.73%. Equities analysts expect that Emerson Electric Co. will post 5.91 earnings per share for the current year.

Emerson Electric Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Investors 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 1.65%. The ex-dividend date is Friday, February 14th. Emerson Electric’s dividend payout ratio is 61.70%.

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.