Skandinaviska Enskilda Banken AB publ Buys 100 Shares of Emerson Electric Co. (NYSE:EMR)

Skandinaviska Enskilda Banken AB publ increased its stake in shares of Emerson Electric Co. (NYSE:EMR) by 0.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 115,776 shares of the industrial products company’s stock after acquiring an additional 100 shares during the quarter. Skandinaviska Enskilda Banken AB publ’s holdings in Emerson Electric were worth $14,386,000 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 the stock. Stephens Consulting LLC bought a new position in shares of Emerson Electric in the 4th quarter worth $25,000. Sugar Maple Asset Management LLC bought a new position in Emerson Electric in the 4th quarter valued at about $27,000. YANKCOM Partnership acquired a new position in Emerson Electric during the 4th quarter valued at about $30,000. Darwin Wealth Management LLC purchased a new stake in shares of Emerson Electric in the third quarter worth approximately $29,000. Finally, Fiduciary Advisors Inc. bought a new position in shares of Emerson Electric in the fourth quarter valued at approximately $35,000. Institutional investors own 74.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on EMR shares. Wells Fargo & Company increased their price target on Emerson Electric from $140.00 to $142.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Morgan Stanley raised their price target on shares of Emerson Electric from $105.00 to $112.00 and gave the company an “underweight” rating in a research report on Thursday, February 6th. Royal Bank of Canada reissued an “outperform” rating and set a $138.00 price target on shares of Emerson Electric in a research report on Thursday, February 6th. KeyCorp lifted their target price 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. Finally, Daiwa America upgraded Emerson Electric to a “strong-buy” rating in a report on Tuesday, January 28th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $136.28.

Emerson Electric Trading Up 2.7 %

Shares of EMR stock opened at $112.11 on Friday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.54 and a quick ratio of 1.17. Emerson Electric Co. has a 1 year low of $96.62 and a 1 year high of $134.85. The stock has a market capitalization of $63.22 billion, a price-to-earnings ratio of 26.76, a PEG ratio of 2.49 and a beta of 1.36. The company’s fifty day simple moving average is $122.37 and its two-hundred day simple moving average is $118.75.

Emerson Electric (NYSE:EMR) last released its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.10. Emerson Electric had a return on equity of 12.08% and a net margin of 13.74%. As a group, analysts anticipate that Emerson Electric Co. will post 5.96 earnings per share for the current year.

Emerson Electric Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Friday, February 14th were issued a dividend of $0.5275 per share. This represents a $2.11 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date was Friday, February 14th. Emerson Electric’s dividend payout ratio (DPR) is presently 50.36%.

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.