Fiduciary Advisors Inc. Invests $35,000 in Emerson Electric Co. (NYSE:EMR)

Fiduciary Advisors Inc. acquired a new position in shares of Emerson Electric Co. (NYSE:EMR) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 281 shares of the industrial products company’s stock, valued at approximately $35,000.

A number of other institutional investors also recently modified their holdings of EMR. Capital Performance Advisors LLP bought a new position in shares of Emerson Electric in the 3rd quarter valued at about $25,000. Sugar Maple Asset Management LLC bought a new position in shares of Emerson Electric in the 4th quarter valued at $27,000. Darwin Wealth Management LLC bought a new stake in shares of Emerson Electric during the third quarter worth about $29,000. Morton Brown Family Wealth LLC bought a new position in shares of Emerson Electric during the third quarter valued at $33,000. Finally, Frazier Financial Advisors LLC bought a new stake in shares of Emerson Electric in the 3rd quarter valued at about $33,000. 74.30% of the stock is currently owned by institutional investors.

Emerson Electric Price Performance

Emerson Electric stock opened at $130.41 on Friday. The firm has a market cap of $74.27 billion, a PE ratio of 38.13, a price-to-earnings-growth ratio of 2.20 and a beta of 1.35. The company has a quick ratio of 1.40, a current ratio of 1.77 and a debt-to-equity ratio of 0.26. Emerson Electric Co. has a 52-week low of $91.64 and a 52-week high of $134.85. The company’s 50 day moving average is $127.10 and its two-hundred day moving average is $116.28.

Emerson Electric Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Friday, November 15th were paid a $0.5275 dividend. This is a positive change from Emerson Electric’s previous quarterly dividend of $0.53. This represents a $2.11 annualized dividend and a yield of 1.62%. The ex-dividend date was Friday, November 15th. Emerson Electric’s dividend payout ratio is currently 61.70%.

Insider Buying and Selling

In related news, SVP Michael H. Train sold 21,525 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $125.96, for a total transaction of $2,711,289.00. Following the transaction, the senior vice president now directly owns 262,408 shares of the company’s stock, valued at approximately $33,052,911.68. The trade was a 7.58 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.50% of the company’s stock.

Wall Street Analysts Forecast Growth

EMR has been the topic of several recent analyst reports. Robert W. Baird lifted their target price on shares of Emerson Electric from $117.00 to $118.00 and gave the stock a “neutral” rating in a research report on Monday, November 4th. StockNews.com cut Emerson Electric from a “buy” rating to a “hold” rating in a report on Wednesday, January 1st. JPMorgan Chase & Co. lowered their price objective on shares of Emerson Electric from $137.00 to $135.00 and set a “neutral” rating for the company in a report on Wednesday, January 15th. Daiwa Capital Markets started coverage on shares of Emerson Electric in a research report on Tuesday. They set an “outperform” rating and a $147.00 price target for the company. Finally, BNP Paribas began coverage on Emerson Electric in a research report on Wednesday, November 13th. They issued an “outperform” rating and a $155.00 price target for the company. 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 assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Emerson Electric has an average rating of “Moderate Buy” and an average target price of $136.45.

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.