Emerson Electric Co. (NYSE:EMR) Shares Acquired by Transamerica Financial Advisors Inc.

Transamerica Financial Advisors Inc. increased its holdings in Emerson Electric Co. (NYSE:EMR) by 101.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,194 shares of the industrial products company’s stock after acquiring an additional 601 shares during the quarter. Transamerica Financial Advisors Inc.’s holdings in Emerson Electric were worth $148,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Stephens Consulting LLC purchased a new stake in shares of Emerson Electric in the fourth quarter valued at about $25,000. Sugar Maple Asset Management LLC acquired a new stake in Emerson Electric during the 4th quarter worth approximately $27,000. Murphy & Mullick Capital Management Corp purchased a new position in shares of Emerson Electric in the 4th quarter valued at approximately $28,000. YANKCOM Partnership acquired a new position in shares of Emerson Electric in the fourth quarter valued at approximately $30,000. Finally, Fiduciary Advisors Inc. purchased a new stake in shares of Emerson Electric during the fourth quarter worth approximately $35,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on EMR. JPMorgan Chase & Co. dropped their price objective on shares of Emerson Electric from $137.00 to $135.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 15th. KeyCorp increased their price target on shares of Emerson Electric from $140.00 to $158.00 and gave the stock an “overweight” rating in a report on Monday, December 9th. Daiwa America raised Emerson Electric to a “strong-buy” rating in a report on Tuesday, January 28th. Jefferies Financial Group assumed coverage on Emerson Electric in a report on Thursday, December 12th. They issued a “buy” rating and a $160.00 price target for the company. Finally, Barclays dropped their price objective on Emerson Electric from $110.00 to $105.00 and set an “underweight” rating on the stock in a report on Wednesday. Two analysts have rated the stock with a sell rating, five have issued a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Emerson Electric currently has an average rating of “Moderate Buy” and an average target price of $135.94.

Emerson Electric Trading Down 3.1 %

Shares of Emerson Electric stock opened at $108.56 on Friday. Emerson Electric Co. has a 1 year low of $96.62 and a 1 year high of $134.85. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.54 and a quick ratio of 1.17. The business has a 50 day moving average price of $120.75 and a 200 day moving average price of $119.61. The company has a market capitalization of $61.22 billion, a P/E ratio of 25.91, a P/E/G ratio of 2.49 and a beta of 1.36.

Emerson Electric (NYSE:EMR) last released its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share for the quarter, topping 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%. Sell-side analysts anticipate that Emerson Electric Co. will post 5.96 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Friday, February 14th were given a $0.5275 dividend. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date of this dividend was Friday, February 14th. Emerson Electric’s dividend payout ratio is presently 50.36%.

Emerson Electric 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.