GWN Securities Inc. Takes $470,000 Position in Emerson Electric Co. (NYSE:EMR)

GWN Securities Inc. bought a new stake in Emerson Electric Co. (NYSE:EMR) during the fourth quarter, HoldingsChannel.com reports. The fund bought 3,599 shares of the industrial products company’s stock, valued at approximately $470,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Stephens Consulting LLC acquired a new stake in Emerson Electric in the 4th quarter valued at approximately $25,000. Sugar Maple Asset Management LLC acquired a new stake in Emerson Electric in the 4th quarter valued at approximately $27,000. Darwin Wealth Management LLC acquired a new stake in Emerson Electric in the 3rd quarter valued at approximately $29,000. YANKCOM Partnership acquired a new stake in Emerson Electric in the 4th quarter valued at approximately $30,000. Finally, Frazier Financial Advisors LLC acquired a new stake in Emerson Electric in the 3rd quarter valued at approximately $33,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on EMR shares. Morgan Stanley boosted their price target on Emerson Electric from $105.00 to $112.00 and gave the stock an “underweight” rating in a research report on Thursday, February 6th. Wells Fargo & Company boosted their price target on Emerson Electric from $140.00 to $142.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Daiwa America raised Emerson Electric to a “strong-buy” rating in a research report on Tuesday, January 28th. Jefferies Financial Group started coverage on Emerson Electric in a research report on Thursday, December 12th. They set a “buy” rating and a $160.00 price target on the stock. Finally, JPMorgan Chase & Co. lowered their price target on Emerson Electric from $137.00 to $135.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 15th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $136.28.

Emerson Electric Stock Performance

EMR opened at $112.11 on Monday. The business has a fifty day simple moving average of $122.37 and a 200 day simple moving average of $118.96. The company has a market capitalization of $63.22 billion, a PE ratio of 26.76, a price-to-earnings-growth ratio of 2.49 and a beta of 1.36. Emerson Electric Co. has a 1 year low of $96.62 and a 1 year high of $134.85. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.54 and a quick ratio of 1.17.

Emerson Electric (NYSE:EMR) last released its earnings results on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.10. Emerson Electric had a return on equity of 12.08% and a net margin of 13.74%. Research analysts expect that Emerson Electric Co. will post 5.96 EPS for the current year.

Emerson Electric Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Friday, February 14th were given a dividend of $0.5275 per share. The ex-dividend date was Friday, February 14th. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.88%. Emerson Electric’s payout ratio is 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.