Nicholson Wealth Management Group LLC Acquires 2,747 Shares of Emerson Electric Co. (NYSE:EMR)

Nicholson Wealth Management Group LLC boosted its holdings in shares of Emerson Electric Co. (NYSE:EMR) by 31.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,456 shares of the industrial products company’s stock after buying an additional 2,747 shares during the quarter. Nicholson Wealth Management Group LLC’s holdings in Emerson Electric were worth $1,420,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in EMR. Capital Performance Advisors LLP bought a new stake in Emerson Electric during the third quarter valued at approximately $25,000. Stephens Consulting LLC bought a new stake in Emerson Electric during the fourth quarter valued at approximately $25,000. Sugar Maple Asset Management LLC bought a new stake in Emerson Electric during the fourth quarter valued at approximately $27,000. Darwin Wealth Management LLC bought a new stake in Emerson Electric during the third quarter valued at approximately $29,000. Finally, YANKCOM Partnership purchased a new position in Emerson Electric during the fourth quarter valued at approximately $30,000. 74.30% of the stock is currently owned by institutional investors.

Emerson Electric Trading Up 0.3 %

Shares of EMR opened at $124.74 on Friday. The company’s fifty day moving average is $125.25 and its 200 day moving average is $117.40. Emerson Electric Co. has a fifty-two week low of $96.62 and a fifty-two week high of $134.85. The stock has a market capitalization of $70.34 billion, a PE ratio of 29.77, a P/E/G ratio of 2.50 and a beta of 1.34. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.17 and a current ratio of 1.54.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.10. Emerson Electric had a net margin of 13.74% and a return on equity of 12.08%. Sell-side analysts expect that Emerson Electric Co. will post 5.96 earnings per share for the current fiscal year.

Emerson Electric Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Shareholders 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 1.69%. The ex-dividend date of this dividend is Friday, February 14th. Emerson Electric’s dividend payout ratio (DPR) is 50.36%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Wells Fargo & Company lifted their price target on shares of Emerson Electric from $140.00 to $142.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Robert W. Baird lifted their price target on shares of Emerson Electric from $117.00 to $118.00 and gave the company a “neutral” rating in a report on Monday, November 4th. Daiwa America raised shares of Emerson Electric to a “strong-buy” rating in a report on Tuesday, January 28th. JPMorgan Chase & Co. lowered their price target on shares of Emerson Electric from $137.00 to $135.00 and set a “neutral” rating on the stock in a report on Wednesday, January 15th. Finally, Barclays lifted their price target on shares of Emerson Electric from $116.00 to $135.00 and gave the company an “equal weight” rating in a report on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $136.90.

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.