GHP Investment Advisors Inc. boosted its stake in Emerson Electric Company (NYSE:EMR) by 0.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,790 shares of the company’s stock after buying an additional 15 shares during the period. GHP Investment Advisors Inc.’s holdings in Emerson Electric Company were worth $643,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of Emerson Electric Company by 3.3% in the second quarter. Vanguard Group Inc. now owns 39,936,101 shares of the company’s stock worth $2,083,068,000 after buying an additional 1,270,315 shares in the last quarter. BlackRock Fund Advisors raised its stake in shares of Emerson Electric Company by 3.8% in the second quarter. BlackRock Fund Advisors now owns 11,764,504 shares of the company’s stock worth $613,637,000 after buying an additional 435,266 shares in the last quarter. Capital Research Global Investors raised its stake in shares of Emerson Electric Company by 4.0% in the second quarter. Capital Research Global Investors now owns 10,759,443 shares of the company’s stock worth $561,213,000 after buying an additional 412,593 shares in the last quarter. Capital World Investors raised its stake in shares of Emerson Electric Company by 58.3% in the second quarter. Capital World Investors now owns 9,500,000 shares of the company’s stock worth $495,520,000 after buying an additional 3,500,000 shares in the last quarter. Finally, FMR LLC raised its stake in shares of Emerson Electric Company by 2.6% in the second quarter. FMR LLC now owns 8,896,013 shares of the company’s stock worth $464,016,000 after buying an additional 227,233 shares in the last quarter. Institutional investors and hedge funds own 69.86% of the company’s stock.

Institutional Ownership by Quarter for Emerson Electric Company (NYSE:EMR)

Emerson Electric Company (NYSE:EMR) traded down 0.61% on Friday, reaching $57.12. 2,964,516 shares of the company traded hands. The company has a market capitalization of $36.72 billion, a PE ratio of 22.67 and a beta of 1.20. Emerson Electric Company has a one year low of $41.25 and a one year high of $58.28. The stock’s 50 day moving average price is $56.56 and its 200 day moving average price is $53.83.

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A number of brokerages have weighed in on EMR. Vetr upgraded shares of Emerson Electric Company from a “strong sell” rating to a “sell” rating and set a $47.31 target price on the stock in a research report on Monday, October 10th. Bank of America upgraded shares of Emerson Electric Company from an “underperform” rating to a “neutral” rating and raised their target price for the company from $45.00 to $60.00 in a research report on Monday. HSBC started coverage on shares of Emerson Electric Company in a research note on Friday, October 7th. They set a “reduce” rating for the company. RBC Capital Markets set a $48.00 price target on shares of Emerson Electric Company and gave the company a “hold” rating in a research note on Wednesday, January 4th. Finally, TheStreet downgraded shares of Emerson Electric Company from a “buy” rating to a “hold” rating in a research note on Tuesday, November 1st. Five investment analysts have rated the stock with a sell rating, nineteen have given a hold rating and two have given a buy rating to the company. Emerson Electric Company presently has an average rating of “Hold” and a consensus price target of $51.56.

About Emerson Electric Company

Emerson Electric Co is a diversified global manufacturing company, which provides solutions to customers by bringing technology and engineering together in the industrial, commercial and consumer markets around the world. The Company operates through four segments based on the nature of the products and services rendered: Process Management, Industrial Automation, Climate Technologies and Commercial & Residential Solutions.

5 Day Chart for NYSE:EMR

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