WoodTrust Financial Corp Raises Stock Holdings in Emerson Electric Co. (NYSE:EMR)

WoodTrust Financial Corp boosted its holdings in shares of Emerson Electric Co. (NYSE:EMR) by 8.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 5,665 shares of the industrial products company’s stock after acquiring an additional 436 shares during the quarter. WoodTrust Financial Corp’s holdings in Emerson Electric were worth $702,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the business. State Street Corp boosted its stake in shares of Emerson Electric by 6.2% during the third quarter. State Street Corp now owns 25,810,167 shares of the industrial products company’s stock valued at $2,822,858,000 after purchasing an additional 1,507,980 shares during the period. Wellington Management Group LLP lifted its holdings in Emerson Electric by 4.2% during the 3rd quarter. Wellington Management Group LLP now owns 14,552,544 shares of the industrial products company’s stock valued at $1,591,612,000 after buying an additional 581,102 shares in the last quarter. Geode Capital Management LLC grew its stake in Emerson Electric by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 11,453,075 shares of the industrial products company’s stock worth $1,247,570,000 after acquiring an additional 162,985 shares in the last quarter. Nordea Investment Management AB increased its position in shares of Emerson Electric by 5.7% during the fourth quarter. Nordea Investment Management AB now owns 7,013,550 shares of the industrial products company’s stock worth $871,083,000 after acquiring an additional 375,470 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Emerson Electric by 3.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,523,394 shares of the industrial products company’s stock valued at $385,354,000 after acquiring an additional 132,186 shares in the last quarter. Institutional investors own 74.30% of the company’s stock.

Analyst Upgrades and Downgrades

EMR has been the topic of several research reports. UBS Group began coverage on Emerson Electric in a report on Wednesday, November 13th. They set a “neutral” rating and a $135.00 price objective on the stock. BNP Paribas began coverage on Emerson Electric in a research note on Wednesday, November 13th. They set an “outperform” rating and a $155.00 price target on the stock. Jefferies Financial Group assumed coverage on shares of Emerson Electric in a research note on Thursday, December 12th. They issued a “buy” rating and a $160.00 price objective for the company. KeyCorp raised their target price on shares of Emerson Electric from $140.00 to $158.00 and gave the company an “overweight” rating in a research report on Monday, December 9th. Finally, Morgan Stanley upped their price target on shares of Emerson Electric from $105.00 to $112.00 and gave the stock an “underweight” rating in a research report on Thursday, February 6th. One analyst has rated the stock with a sell rating, five have given 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, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $137.26.

Emerson Electric Trading Down 2.8 %

Shares of NYSE:EMR opened at $113.87 on Wednesday. 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 firm has a market capitalization of $64.21 billion, a P/E ratio of 27.18, a P/E/G ratio of 2.49 and a beta of 1.34. The business’s 50-day moving average is $124.19 and its 200 day moving average is $118.45. Emerson Electric Co. has a 1 year low of $96.62 and a 1 year high of $134.85.

Emerson Electric (NYSE:EMR) last announced 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 13.74% and a return on equity of 12.08%. On average, research analysts predict that Emerson Electric Co. will post 5.96 earnings per share for the current fiscal year.

Emerson Electric Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, February 14th will be issued a dividend of $0.5275 per share. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.85%. The ex-dividend date is 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.