Emerson Electric Co. (EMR) Holdings Lowered by Brown Advisory Securities LLC

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Brown Advisory Securities LLC trimmed its position in Emerson Electric Co. (NYSE:EMR) by 2.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,320 shares of the industrial products company’s stock after selling 499 shares during the quarter. Brown Advisory Securities LLC’s holdings in Emerson Electric were worth $1,037,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in EMR. Vanguard Group Inc boosted its holdings in shares of Emerson Electric by 2.4% during the third quarter. Vanguard Group Inc now owns 51,601,229 shares of the industrial products company’s stock worth $3,951,622,000 after purchasing an additional 1,214,362 shares during the period. BlackRock Inc. boosted its holdings in shares of Emerson Electric by 5.9% during the fourth quarter. BlackRock Inc. now owns 42,076,883 shares of the industrial products company’s stock worth $2,514,093,000 after purchasing an additional 2,358,763 shares during the period. Capital World Investors boosted its holdings in shares of Emerson Electric by 7.0% during the third quarter. Capital World Investors now owns 15,250,142 shares of the industrial products company’s stock worth $1,167,856,000 after purchasing an additional 1,000,000 shares during the period. Northern Trust Corp boosted its holdings in shares of Emerson Electric by 2.1% during the fourth quarter. Northern Trust Corp now owns 9,421,260 shares of the industrial products company’s stock worth $562,921,000 after purchasing an additional 192,698 shares during the period. Finally, Bank of New York Mellon Corp raised its position in Emerson Electric by 3,146,008.7% during the third quarter. Bank of New York Mellon Corp now owns 9,375,404 shares of the industrial products company’s stock valued at $717,967,000 after acquiring an additional 9,375,106 shares in the last quarter. Institutional investors own 71.54% of the company’s stock.

Several brokerages recently weighed in on EMR. Berenberg Bank set a $67.00 price objective on shares of Emerson Electric and gave the company a “hold” rating in a research report on Monday, November 19th. Stephens began coverage on shares of Emerson Electric in a research report on Monday, November 19th. They set an “overweight” rating and a $80.00 price objective on the stock. Credit Suisse Group raised their price objective on shares of Emerson Electric from $70.00 to $75.00 and gave the company an “outperform” rating in a research report on Wednesday, February 6th. Morgan Stanley set a $77.00 price objective on shares of Emerson Electric and gave the company a “buy” rating in a research report on Friday, February 8th. Finally, Cowen reaffirmed a “buy” rating and set a $81.00 price objective on shares of Emerson Electric in a research report on Tuesday, February 5th. Ten equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $76.28.

NYSE:EMR opened at $67.48 on Friday. Emerson Electric Co. has a 12 month low of $55.38 and a 12 month high of $79.70. The company has a market capitalization of $41.38 billion, a PE ratio of 19.96, a PEG ratio of 2.11 and a beta of 1.24. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.62 and a current ratio of 0.88.

Emerson Electric (NYSE:EMR) last released its quarterly earnings results on Tuesday, February 5th. The industrial products company reported $0.74 EPS for the quarter, beating the Zacks’ consensus estimate of $0.66 by $0.08. Emerson Electric had a net margin of 12.83% and a return on equity of 24.21%. The company had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.21 billion. During the same quarter last year, the firm posted $0.61 earnings per share. The company’s quarterly revenue was up 8.7% compared to the same quarter last year. Analysts predict that Emerson Electric Co. will post 3.7 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Monday, March 11th. Stockholders of record on Friday, February 15th were given a $0.49 dividend. This represents a $1.96 dividend on an annualized basis and a dividend yield of 2.90%. The ex-dividend date of this dividend was Thursday, February 14th. Emerson Electric’s dividend payout ratio is 57.99%.

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Emerson Electric Company 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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