Kera Capital Partners Inc. Makes New $206,000 Investment in Emerson Electric Co. (NYSE:EMR)

Kera Capital Partners Inc. purchased a new position in shares of Emerson Electric Co. (NYSE:EMR) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 1,662 shares of the industrial products company’s stock, valued at approximately $206,000.

Several other hedge funds also recently modified their holdings of EMR. Wilmington Savings Fund Society FSB increased its stake in Emerson Electric by 120.1% in the third quarter. Wilmington Savings Fund Society FSB now owns 56,341 shares of the industrial products company’s stock valued at $6,162,000 after purchasing an additional 30,741 shares in the last quarter. Geode Capital Management LLC increased its position 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 valued at $1,247,570,000 after buying an additional 162,985 shares in the last quarter. Bank of Montreal Can raised its stake in Emerson Electric by 17.0% during the 2nd quarter. Bank of Montreal Can now owns 1,339,301 shares of the industrial products company’s stock worth $152,359,000 after buying an additional 194,944 shares during the period. Dynamic Advisor Solutions LLC boosted its holdings in Emerson Electric by 8.5% in the third quarter. Dynamic Advisor Solutions LLC now owns 69,285 shares of the industrial products company’s stock worth $7,578,000 after acquiring an additional 5,416 shares in the last quarter. Finally, Larson Financial Group LLC increased its holdings in shares of Emerson Electric by 130.0% during the third quarter. Larson Financial Group LLC now owns 9,541 shares of the industrial products company’s stock valued at $1,044,000 after acquiring an additional 5,393 shares in the last quarter. Institutional investors own 74.30% of the company’s stock.

Emerson Electric Trading Up 1.1 %

NYSE:EMR opened at $124.65 on Monday. The firm’s 50 day moving average is $127.05 and its 200 day moving average is $115.27. Emerson Electric Co. has a 12 month low of $91.64 and a 12 month high of $134.85. The stock has a market capitalization of $70.99 billion, a PE ratio of 36.45, a price-to-earnings-growth ratio of 1.98 and a beta of 1.35. The company has a current ratio of 1.77, a quick ratio of 1.40 and a debt-to-equity ratio of 0.26.

Emerson Electric Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Friday, November 15th were paid a $0.5275 dividend. This is a boost from Emerson Electric’s previous quarterly dividend of $0.53. This represents a $2.11 dividend on an annualized basis and a yield of 1.69%. The ex-dividend date of this dividend was Friday, November 15th. Emerson Electric’s payout ratio is currently 61.70%.

Insider Buying and Selling at Emerson Electric

In other Emerson Electric news, SVP Michael H. Train sold 21,525 shares of the business’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $125.96, for a total transaction of $2,711,289.00. Following the sale, the senior vice president now owns 262,408 shares of the company’s stock, valued at $33,052,911.68. The trade was a 7.58 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.50% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on EMR. Robert W. Baird increased their target price on Emerson Electric from $117.00 to $118.00 and gave the stock a “neutral” rating in a report on Monday, November 4th. UBS Group initiated coverage on shares of Emerson Electric in a report on Wednesday, November 13th. They set a “neutral” rating and a $135.00 price objective for the company. JPMorgan Chase & Co. lowered their target price 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. Deutsche Bank Aktiengesellschaft boosted their price objective on Emerson Electric from $136.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Finally, Royal Bank of Canada dropped their target price on Emerson Electric from $139.00 to $138.00 and set an “outperform” rating on the stock in a report on Wednesday, November 6th. One analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, Emerson Electric currently has a consensus rating of “Moderate Buy” and an average price target of $135.89.

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.