VisionPoint Advisory Group LLC Has $1.66 Million Stock Holdings in Emerson Electric Co. (NYSE:EMR)

VisionPoint Advisory Group LLC lowered its stake in Emerson Electric Co. (NYSE:EMR) by 2.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 13,621 shares of the industrial products company’s stock after selling 353 shares during the period. VisionPoint Advisory Group LLC’s holdings in Emerson Electric were worth $1,664,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of EMR. Swedbank AB grew its stake in Emerson Electric by 127.3% in the 3rd quarter. Swedbank AB now owns 2,544,439 shares of the industrial products company’s stock valued at $278,285,000 after buying an additional 1,424,800 shares during the last quarter. Howard Capital Management Group LLC grew its stake in Emerson Electric by 10.6% in the 3rd quarter. Howard Capital Management Group LLC now owns 1,878 shares of the industrial products company’s stock valued at $205,000 after buying an additional 180 shares during the last quarter. Sequoia Financial Advisors LLC grew its stake in Emerson Electric by 2.4% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 17,441 shares of the industrial products company’s stock valued at $1,908,000 after buying an additional 403 shares during the last quarter. Signaturefd LLC grew its stake in Emerson Electric by 2.3% in the 3rd quarter. Signaturefd LLC now owns 12,565 shares of the industrial products company’s stock valued at $1,374,000 after buying an additional 279 shares during the last quarter. Finally, Private Advisor Group LLC boosted its holdings in Emerson Electric by 16.6% in the 3rd quarter. Private Advisor Group LLC now owns 66,694 shares of the industrial products company’s stock valued at $7,294,000 after purchasing an additional 9,484 shares during the period. Institutional investors and hedge funds own 74.30% of the company’s stock.

Emerson Electric Trading Up 0.3 %

Shares of NYSE EMR opened at $124.74 on Friday. 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 Co. has a 52-week low of $96.62 and a 52-week high of $134.85. The firm has a 50 day moving average price of $125.25 and a two-hundred day moving average price of $117.40. The stock has a market cap of $70.34 billion, a P/E ratio of 29.77, a price-to-earnings-growth ratio of 2.48 and a beta of 1.34.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share (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%. As a group, equities analysts forecast that Emerson Electric Co. will post 5.96 EPS for the current year.

Emerson Electric Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, February 14th will be given a $0.5275 dividend. This represents a $2.11 annualized dividend and a yield of 1.69%. The ex-dividend date is Friday, February 14th. Emerson Electric’s dividend payout ratio (DPR) is currently 50.36%.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. BNP Paribas assumed coverage on shares of Emerson Electric in a report on Wednesday, November 13th. They issued an “outperform” rating and a $155.00 price objective for the company. Morgan Stanley boosted their price objective on shares of Emerson Electric from $105.00 to $112.00 and gave the company an “underweight” rating in a report on Thursday, February 6th. Daiwa America raised shares of Emerson Electric to a “strong-buy” rating in a report on Tuesday, January 28th. Loop Capital boosted their price objective on shares of Emerson Electric from $130.00 to $155.00 and gave the company a “buy” rating in a report on Monday, December 2nd. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of Emerson Electric from $136.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $136.90.

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.