LVM Capital Management Ltd. MI Purchases New Shares in Emerson Electric Co. (NYSE:EMR)

LVM Capital Management Ltd. MI acquired a new position in shares of Emerson Electric Co. (NYSE:EMR) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 1,689 shares of the industrial products company’s stock, valued at approximately $209,000.

A number of other institutional investors also recently bought and sold shares of EMR. Creative Financial Designs Inc. ADV increased its stake in shares of Emerson Electric by 0.5% during the third quarter. Creative Financial Designs Inc. ADV now owns 18,428 shares of the industrial products company’s stock worth $2,016,000 after acquiring an additional 97 shares during the period. Unison Advisors LLC increased its position in Emerson Electric by 0.5% during the 3rd quarter. Unison Advisors LLC now owns 21,115 shares of the industrial products company’s stock worth $2,309,000 after purchasing an additional 99 shares during the period. Wedmont Private Capital raised its stake in shares of Emerson Electric by 2.0% during the 3rd quarter. Wedmont Private Capital now owns 4,950 shares of the industrial products company’s stock worth $557,000 after buying an additional 99 shares in the last quarter. Chesapeake Wealth Management lifted its holdings in shares of Emerson Electric by 5.5% in the 2nd quarter. Chesapeake Wealth Management now owns 1,930 shares of the industrial products company’s stock valued at $213,000 after buying an additional 100 shares during the period. Finally, Gabelli Funds LLC grew its holdings in Emerson Electric by 1.9% during the second quarter. Gabelli Funds LLC now owns 5,380 shares of the industrial products company’s stock worth $593,000 after acquiring an additional 100 shares during the period. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

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 shares were sold at an average price of $125.96, for a total value of $2,711,289.00. Following the completion of the sale, the senior vice president now directly owns 262,408 shares in the company, valued at approximately $33,052,911.68. The trade was a 7.58 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.50% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Wells Fargo & Company reduced their target price on Emerson Electric from $145.00 to $140.00 and set an “overweight” rating for the company in a report on Tuesday. BNP Paribas began coverage on shares of Emerson Electric in a research report on Wednesday, November 13th. They set an “outperform” rating and a $155.00 target price on the stock. 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 research report on Thursday, December 5th. UBS Group started coverage on Emerson Electric in a report on Wednesday, November 13th. They issued a “neutral” rating and a $135.00 price target on the stock. Finally, Oppenheimer boosted their target price on Emerson Electric from $120.00 to $125.00 and gave the stock an “outperform” rating in a research report on Thursday, September 26th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $134.84.

Emerson Electric Trading Down 2.2 %

Shares of Emerson Electric stock opened at $117.64 on Friday. The firm has a market cap of $67.00 billion, a PE ratio of 34.40, a P/E/G ratio of 2.19 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 fifty-two week low of $91.64 and a fifty-two week high of $134.85. The business’s fifty day moving average is $127.08 and its two-hundred day moving average is $114.76.

Emerson Electric Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Friday, November 15th were issued a $0.5275 dividend. This is a boost from Emerson Electric’s previous quarterly dividend of $0.53. The ex-dividend date of this dividend was Friday, November 15th. This represents a $2.11 annualized dividend and a yield of 1.79%. Emerson Electric’s payout ratio is 61.70%.

Emerson Electric 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.