Cordatus Wealth Management LLC raised its stake in Emerson Electric Co. (NYSE:EMR) by 11.8% during the 1st quarter, HoldingsChannel.com reports. The firm owned 7,855 shares of the industrial products company’s stock after acquiring an additional 828 shares during the quarter. Cordatus Wealth Management LLC’s holdings in Emerson Electric were worth $538,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in EMR. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of Emerson Electric by 5.2% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 35,932 shares of the industrial products company’s stock worth $2,460,000 after acquiring an additional 1,773 shares during the last quarter. Stratos Wealth Partners LTD. increased its position in shares of Emerson Electric by 3.0% during the first quarter. Stratos Wealth Partners LTD. now owns 20,405 shares of the industrial products company’s stock worth $1,397,000 after acquiring an additional 589 shares during the last quarter. Loudon Investment Management LLC increased its position in shares of Emerson Electric by 1.2% during the first quarter. Loudon Investment Management LLC now owns 27,956 shares of the industrial products company’s stock worth $1,914,000 after acquiring an additional 330 shares during the last quarter. Thoroughbred Financial Services LLC increased its position in shares of Emerson Electric by 4.8% during the first quarter. Thoroughbred Financial Services LLC now owns 7,550 shares of the industrial products company’s stock worth $517,000 after acquiring an additional 344 shares during the last quarter. Finally, Sumitomo Mitsui Asset Management Company LTD increased its position in shares of Emerson Electric by 5.5% during the first quarter. Sumitomo Mitsui Asset Management Company LTD now owns 44,338 shares of the industrial products company’s stock worth $3,035,000 after acquiring an additional 2,303 shares during the last quarter. 72.22% of the stock is currently owned by institutional investors.

A number of analysts have recently issued reports on the company. Cowen reaffirmed a “buy” rating and set a $81.00 target price on shares of Emerson Electric in a research report on Wednesday, January 30th. Zacks Investment Research raised Emerson Electric from a “hold” rating to a “buy” rating and set a $79.00 target price on the stock in a research report on Tuesday, April 2nd. Morgan Stanley set a $77.00 target price on Emerson Electric and gave the stock a “buy” rating in a research report on Friday, February 8th. Credit Suisse Group lifted their target price on Emerson Electric from $70.00 to $75.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 6th. Finally, Citigroup raised Emerson Electric from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $67.00 to $81.00 in a research report on Monday, April 8th. Nine equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $76.41.

NYSE:EMR opened at $62.53 on Friday. The stock has a market capitalization of $38.54 billion, a P/E ratio of 18.50, a PEG ratio of 2.08 and a beta of 1.23. Emerson Electric Co. has a one year low of $55.38 and a one year high of $79.70. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.07 and a quick ratio of 0.76.

Emerson Electric (NYSE:EMR) last posted its quarterly earnings results on Tuesday, May 7th. The industrial products company reported $0.84 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.84. The business had revenue of $4.57 billion during the quarter, compared to the consensus estimate of $4.64 billion. Emerson Electric had a return on equity of 24.63% and a net margin of 12.81%. The company’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same period last year, the firm earned $0.76 earnings per share. On average, analysts predict that Emerson Electric Co. will post 3.66 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Friday, May 17th will be paid a $0.49 dividend. The ex-dividend date is Thursday, May 16th. This represents a $1.96 dividend on an annualized basis and a yield of 3.13%. Emerson Electric’s dividend payout ratio (DPR) is 57.99%.

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Emerson Electric Profile

Emerson Electric Co, a technology and engineering company, provides various solutions to industrial, commercial, and consumer markets worldwide. The company's Automation Solutions segment offers products and integrated solutions, including measurement and analytical instrumentation; valves, actuators, and regulators; industrial solutions; and process control systems and solutions.

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

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