Emerson Electric Co. (NYSE:EMR) Shares Acquired by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC boosted its stake in shares of Emerson Electric Co. (NYSE:EMR) by 10.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,235 shares of the industrial products company’s stock after purchasing an additional 2,113 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Emerson Electric were worth $2,756,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Stephens Consulting LLC acquired a new stake in shares of Emerson Electric in the 4th quarter worth about $25,000. Sugar Maple Asset Management LLC acquired a new stake in shares of Emerson Electric in the fourth quarter valued at approximately $27,000. Murphy & Mullick Capital Management Corp bought a new stake in shares of Emerson Electric during the fourth quarter valued at approximately $28,000. YANKCOM Partnership acquired a new position in shares of Emerson Electric during the fourth quarter worth approximately $30,000. Finally, Fiduciary Advisors Inc. bought a new position in Emerson Electric in the 4th quarter worth approximately $35,000. 74.30% of the stock is currently owned by institutional investors.

Emerson Electric Price Performance

NYSE EMR opened at $105.24 on Friday. The company has a current ratio of 1.54, a quick ratio of 1.17 and a debt-to-equity ratio of 0.25. Emerson Electric Co. has a 1 year low of $90.06 and a 1 year high of $134.85. The company has a market cap of $59.34 billion, a PE ratio of 25.12, a PEG ratio of 2.49 and a beta of 1.28. The stock’s 50-day moving average price is $109.27 and its two-hundred day moving average price is $118.69.

Emerson Electric (NYSE:EMR) last released its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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, analysts predict 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 was paid on Monday, March 10th. Investors of record on Friday, February 14th were given a dividend of $0.5275 per share. This represents a $2.11 annualized dividend and a yield of 2.00%. The ex-dividend date was Friday, February 14th. Emerson Electric’s payout ratio is 50.36%.

Wall Street Analyst Weigh In

EMR has been the subject of several recent analyst reports. Wells Fargo & Company increased their price target on Emerson Electric from $140.00 to $142.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. JPMorgan Chase & Co. lowered their target price on shares of Emerson Electric from $135.00 to $110.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 8th. Citigroup reduced their price target on shares of Emerson Electric from $132.00 to $119.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Morgan Stanley raised their price objective on shares of Emerson Electric from $105.00 to $112.00 and gave the company an “underweight” rating in a research note on Thursday, February 6th. Finally, KeyCorp cut their target price on Emerson Electric from $158.00 to $125.00 and set an “overweight” rating for the company in a research report on Tuesday, April 8th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $131.67.

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.