Bryn Mawr Capital Management LLC Grows Position in Emerson Electric Co. (NYSE:EMR)

Bryn Mawr Capital Management LLC raised its stake in Emerson Electric Co. (NYSE:EMR) by 21.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,763 shares of the industrial products company’s stock after buying an additional 2,577 shares during the period. Bryn Mawr Capital Management LLC’s holdings in Emerson Electric were worth $1,437,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in EMR. Strategic Blueprint LLC raised its holdings in shares of Emerson Electric by 11.1% in the 3rd quarter. Strategic Blueprint LLC now owns 7,038 shares of the industrial products company’s stock valued at $680,000 after purchasing an additional 701 shares in the last quarter. Asset Management One Co. Ltd. raised its stake in shares of Emerson Electric by 3.3% during the 3rd quarter. Asset Management One Co. Ltd. now owns 252,866 shares of the industrial products company’s stock worth $24,419,000 after acquiring an additional 8,152 shares in the last quarter. Connecticut Wealth Management LLC raised its stake in shares of Emerson Electric by 62.6% during the 3rd quarter. Connecticut Wealth Management LLC now owns 4,606 shares of the industrial products company’s stock worth $445,000 after acquiring an additional 1,774 shares in the last quarter. TFG Advisers LLC bought a new position in shares of Emerson Electric during the 3rd quarter worth approximately $204,000. Finally, Trust Co. of Toledo NA OH raised its stake in shares of Emerson Electric by 25.7% during the 3rd quarter. Trust Co. of Toledo NA OH now owns 17,764 shares of the industrial products company’s stock worth $1,715,000 after acquiring an additional 3,634 shares in the last quarter. 74.30% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Mark A. Blinn sold 2,413 shares of Emerson Electric stock in a transaction on Friday, February 9th. The shares were sold at an average price of $103.18, for a total value of $248,973.34. Following the transaction, the director now directly owns 9,591 shares of the company’s stock, valued at approximately $989,599.38. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.25% of the company’s stock.

Emerson Electric Stock Up 0.2 %

Shares of Emerson Electric stock opened at $109.87 on Friday. The company has a quick ratio of 0.80, a current ratio of 1.12 and a debt-to-equity ratio of 0.29. Emerson Electric Co. has a 52-week low of $76.94 and a 52-week high of $115.26. The company has a 50 day moving average of $110.38 and a 200 day moving average of $99.28. The company has a market capitalization of $62.71 billion, a P/E ratio of 5.72, a P/E/G ratio of 1.90 and a beta of 1.37.

Emerson Electric (NYSE:EMR) last released its quarterly earnings data on Wednesday, February 7th. The industrial products company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.04 by $0.18. Emerson Electric had a net margin of 69.33% and a return on equity of 11.59%. The company had revenue of $4.12 billion for the quarter, compared to analysts’ expectations of $3.91 billion. During the same quarter last year, the company earned $0.78 earnings per share. The firm’s revenue for the quarter was up 22.1% on a year-over-year basis. As a group, research analysts forecast that Emerson Electric Co. will post 5.4 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Friday, February 16th were issued a dividend of $0.525 per share. The ex-dividend date of this dividend was Thursday, February 15th. This represents a $2.10 dividend on an annualized basis and a yield of 1.91%. Emerson Electric’s payout ratio is currently 10.94%.

Analysts Set New Price Targets

A number of brokerages have issued reports on EMR. Mizuho upped their price target on shares of Emerson Electric from $118.00 to $130.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. UBS Group upped their price objective on shares of Emerson Electric from $95.00 to $120.00 and gave the company a “neutral” rating in a report on Thursday, March 21st. Bank of America increased their price target on shares of Emerson Electric from $120.00 to $130.00 and gave the stock a “buy” rating in a report on Monday, March 4th. Royal Bank of Canada increased their price objective on shares of Emerson Electric from $106.00 to $120.00 and gave the company an “outperform” rating in a report on Thursday, February 8th. Finally, Citigroup raised their price objective on shares of Emerson Electric from $120.00 to $133.00 and gave the stock a “buy” rating in a research report on Monday, April 8th. Three investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $116.25.

Emerson Electric Company 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.