WBH Advisory Inc. Acquires 500 Shares of Emerson Electric Co. (NYSE:EMR)

WBH Advisory Inc. increased its holdings in shares of Emerson Electric Co. (NYSE:EMR) by 10.6% during the 2nd quarter, HoldingsChannel reports. The firm owned 5,230 shares of the industrial products company’s stock after purchasing an additional 500 shares during the period. WBH Advisory Inc.’s holdings in Emerson Electric were worth $576,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. American National Bank & Trust Co. VA bought a new stake in Emerson Electric in the 1st quarter valued at approximately $1,011,000. Vanguard Personalized Indexing Management LLC lifted its stake in Emerson Electric by 23.8% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 48,321 shares of the industrial products company’s stock valued at $4,703,000 after acquiring an additional 9,300 shares in the last quarter. Capital Advisors Inc. OK lifted its stake in Emerson Electric by 821.0% in the 4th quarter. Capital Advisors Inc. OK now owns 86,231 shares of the industrial products company’s stock valued at $8,393,000 after acquiring an additional 76,868 shares in the last quarter. Louisiana State Employees Retirement System bought a new stake in Emerson Electric in the 4th quarter valued at approximately $3,358,000. Finally, Exencial Wealth Advisors LLC lifted its stake in Emerson Electric by 17.6% in the 4th quarter. Exencial Wealth Advisors LLC now owns 49,112 shares of the industrial products company’s stock valued at $4,780,000 after acquiring an additional 7,358 shares in the last quarter. Institutional investors own 74.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Royal Bank of Canada dropped their price objective on Emerson Electric from $140.00 to $139.00 and set an “outperform” rating on the stock in a research note on Thursday. Loop Capital upped their price objective on Emerson Electric from $130.00 to $135.00 and gave the stock a “buy” rating in a research note on Friday, May 10th. StockNews.com cut Emerson Electric from a “buy” rating to a “hold” rating in a research note on Thursday, July 25th. Deutsche Bank Aktiengesellschaft upgraded Emerson Electric from a “hold” rating to a “buy” rating and upped their price objective for the stock from $123.00 to $138.00 in a research note on Thursday, May 9th. Finally, Redburn Atlantic initiated coverage on Emerson Electric in a report on Monday, July 8th. They set a “buy” rating and a $135.00 target price on the stock. Four investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. Based on data from MarketBeat.com, Emerson Electric currently has an average rating of “Moderate Buy” and a consensus price target of $123.89.

Emerson Electric Stock Performance

EMR traded down $2.02 during trading hours on Friday, hitting $102.59. The stock had a trading volume of 195,138 shares, compared to its average volume of 2,666,116. The company’s fifty day simple moving average is $110.75 and its 200 day simple moving average is $109.08. Emerson Electric Co. has a 1 year low of $83.10 and a 1 year high of $119.53. The stock has a market cap of $58.69 billion, a PE ratio of 5.60, a price-to-earnings-growth ratio of 1.93 and a beta of 1.32. The company has a quick ratio of 0.87, a current ratio of 1.18 and a debt-to-equity ratio of 0.28.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings data on Wednesday, August 7th. The industrial products company reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.01. Emerson Electric had a return on equity of 11.14% and a net margin of 64.97%. The company had revenue of $4.38 billion during the quarter, compared to analyst estimates of $4.44 billion. During the same quarter last year, the firm posted $1.29 EPS. The firm’s revenue for the quarter was up 11.0% on a year-over-year basis. Equities analysts anticipate that Emerson Electric Co. will post 5.47 earnings per share for the current year.

Emerson Electric Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 10th. Stockholders of record on Friday, August 16th will be given a dividend of $0.525 per share. The ex-dividend date is Friday, August 16th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.05%. Emerson Electric’s dividend payout ratio (DPR) is presently 11.24%.

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.