Insight Inv LLC Has $2.04 Million Stock Position in Emerson Electric Co. (NYSE:EMR)

Insight Inv LLC raised its stake in Emerson Electric Co. (NYSE:EMR) by 5.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,480 shares of the industrial products company’s stock after purchasing an additional 850 shares during the period. Emerson Electric makes up approximately 1.4% of Insight Inv LLC’s holdings, making the stock its 26th biggest position. Insight Inv LLC’s holdings in Emerson Electric were worth $2,042,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Capital Performance Advisors LLP bought a new position in Emerson Electric during the third quarter valued at about $25,000. Sugar Maple Asset Management LLC acquired a new stake in shares of Emerson Electric during the 4th quarter worth approximately $27,000. Darwin Wealth Management LLC bought a new stake in shares of Emerson Electric during the third quarter valued at approximately $29,000. Morton Brown Family Wealth LLC acquired a new position in shares of Emerson Electric in the third quarter valued at $33,000. Finally, Frazier Financial Advisors LLC acquired a new stake in Emerson Electric during the third quarter worth $33,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Emerson Electric Stock Down 0.4 %

Shares of EMR opened at $130.62 on Friday. The business’s fifty day moving average price is $127.10 and its two-hundred day moving average price is $115.91. The firm has a market capitalization of $74.39 billion, a price-to-earnings ratio of 38.19, a PEG ratio of 2.22 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. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.40 and a current ratio of 1.77.

Emerson Electric Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Friday, November 15th were issued a dividend of $0.5275 per share. This is a boost from Emerson Electric’s previous quarterly dividend of $0.53. This represents a $2.11 annualized dividend and a yield of 1.62%. The ex-dividend date was Friday, November 15th. Emerson Electric’s payout ratio is currently 61.70%.

Wall Street Analysts Forecast Growth

EMR has been the subject of a number of recent research reports. KeyCorp increased their price objective on shares of Emerson Electric from $140.00 to $158.00 and gave the company an “overweight” rating in a research note on Monday, December 9th. Stephens cut shares of Emerson Electric from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $135.00 to $120.00 in a research note on Wednesday, October 16th. JPMorgan Chase & Co. lowered their price objective on Emerson Electric from $137.00 to $135.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 15th. Loop Capital raised their target price on Emerson Electric from $130.00 to $155.00 and gave the stock a “buy” rating in a research report on Monday, December 2nd. Finally, Robert W. Baird upped their price target on Emerson Electric from $117.00 to $118.00 and gave the company a “neutral” rating in a research report on Monday, November 4th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $135.89.

Insider Buying and Selling at Emerson Electric

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

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.