Albert D Mason Inc. Grows Stock Holdings in Emerson Electric Co. (NYSE:EMR)

Albert D Mason Inc. lifted its holdings in shares of Emerson Electric Co. (NYSE:EMR) by 2.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,833 shares of the industrial products company’s stock after acquiring an additional 283 shares during the quarter. Albert D Mason Inc.’s holdings in Emerson Electric were worth $1,590,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in EMR. Somerset Trust Co boosted its position in shares of Emerson Electric by 1.7% in the fourth quarter. Somerset Trust Co now owns 26,092 shares of the industrial products company’s stock worth $3,234,000 after buying an additional 443 shares during the period. Merit Financial Group LLC boosted its holdings in Emerson Electric by 59.4% in the 4th quarter. Merit Financial Group LLC now owns 23,695 shares of the industrial products company’s stock worth $2,937,000 after acquiring an additional 8,834 shares during the period. Relyea Zuckerberg Hanson LLC grew its position in Emerson Electric by 39.6% in the fourth quarter. Relyea Zuckerberg Hanson LLC now owns 7,377 shares of the industrial products company’s stock valued at $914,000 after acquiring an additional 2,093 shares in the last quarter. Wealthcare Advisory Partners LLC raised its stake in shares of Emerson Electric by 3.4% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 20,457 shares of the industrial products company’s stock valued at $2,535,000 after purchasing an additional 674 shares during the period. Finally, Procyon Advisors LLC boosted its stake in shares of Emerson Electric by 3.1% in the fourth quarter. Procyon Advisors LLC now owns 5,254 shares of the industrial products company’s stock valued at $651,000 after purchasing an additional 156 shares during the period. 74.30% of the stock is owned by hedge funds and other institutional investors.

Emerson Electric Stock Up 1.1 %

NYSE:EMR opened at $124.65 on Friday. The company has a current ratio of 1.77, a quick ratio of 1.40 and a debt-to-equity ratio of 0.26. The stock has a 50 day moving average of $127.10 and a 200-day moving average of $115.11. The firm has a market capitalization of $70.99 billion, a PE ratio of 36.45, a price-to-earnings-growth ratio of 1.98 and a beta of 1.35. Emerson Electric Co. has a 52 week low of $91.64 and a 52 week high of $134.85.

Emerson Electric Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Friday, November 15th were given a $0.5275 dividend. The ex-dividend date was Friday, November 15th. This is a positive change from Emerson Electric’s previous quarterly dividend of $0.53. This represents a $2.11 annualized dividend and a yield of 1.69%. Emerson Electric’s dividend payout ratio (DPR) is currently 61.70%.

Insider Buying and Selling at Emerson Electric

In other news, SVP Michael H. Train sold 21,525 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $125.96, for a total transaction of $2,711,289.00. Following the completion of the transaction, the senior vice president now directly owns 262,408 shares in the company, valued at approximately $33,052,911.68. The trade was a 7.58 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.50% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. StockNews.com downgraded shares of Emerson Electric from a “buy” rating to a “hold” rating in a research note on Wednesday, January 1st. Barclays lifted their target price on Emerson Electric from $116.00 to $135.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 5th. UBS Group began coverage on Emerson Electric in a report on Wednesday, November 13th. They issued a “neutral” rating and a $135.00 price target for the company. KeyCorp upped their target price on Emerson Electric from $140.00 to $158.00 and gave the company an “overweight” rating in a research report on Monday, December 9th. Finally, Robert W. Baird raised their price target on shares of Emerson Electric from $117.00 to $118.00 and gave the stock a “neutral” rating in a research report on Monday, November 4th. One research analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $135.89.

Emerson Electric 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.