B. Metzler seel. Sohn & Co. AG Decreases Stock Position in Emerson Electric Co. (NYSE:EMR)

B. Metzler seel. Sohn & Co. AG decreased its position in shares of Emerson Electric Co. (NYSE:EMR) by 3.5% in the 4th quarter, Holdings Channel reports. The fund owned 63,340 shares of the industrial products company’s stock after selling 2,309 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Emerson Electric were worth $7,850,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in EMR. Stephens Consulting LLC purchased a new position in shares of Emerson Electric in the fourth quarter worth about $25,000. Sugar Maple Asset Management LLC bought a new position in Emerson Electric in the 4th quarter worth approximately $27,000. Murphy & Mullick Capital Management Corp purchased a new position in Emerson Electric in the 4th quarter valued at approximately $28,000. YANKCOM Partnership purchased a new stake in shares of Emerson Electric during the fourth quarter worth $30,000. Finally, Fiduciary Advisors Inc. bought a new position in shares of Emerson Electric in the fourth quarter worth $35,000. 74.30% of the stock is currently owned by institutional investors.

Emerson Electric Stock Up 1.0 %

EMR opened at $109.74 on Tuesday. The company has a market cap of $61.88 billion, a P/E ratio of 26.19, a P/E/G ratio of 2.49 and a beta of 1.36. Emerson Electric Co. has a 12 month low of $96.62 and a 12 month high of $134.85. The business’s 50-day moving average price is $120.46 and its 200-day moving average price is $119.81. The company has a current ratio of 1.54, a quick ratio of 1.17 and a debt-to-equity ratio of 0.25.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.10. Emerson Electric had a return on equity of 12.08% and a net margin of 13.74%. On average, equities analysts expect that Emerson Electric Co. will post 5.96 EPS for the current year.

Emerson Electric Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Friday, February 14th were issued a $0.5275 dividend. This represents a $2.11 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date of this dividend was Friday, February 14th. Emerson Electric’s dividend payout ratio (DPR) is presently 50.36%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on EMR. Jefferies Financial Group assumed coverage on shares of Emerson Electric in a report on Thursday, December 12th. They issued a “buy” rating and a $160.00 price target on the stock. JPMorgan Chase & Co. decreased their price target on shares of Emerson Electric from $137.00 to $135.00 and set a “neutral” rating on the stock in a report on Wednesday, January 15th. Royal Bank of Canada reissued an “outperform” rating and set a $138.00 price objective on shares of Emerson Electric in a research note on Thursday, February 6th. Citigroup started coverage on Emerson Electric in a report on Monday, March 17th. They issued a “buy” rating and a $132.00 price target on the stock. Finally, Barclays decreased their price objective on shares of Emerson Electric from $110.00 to $105.00 and set an “underweight” rating on the stock in a research report on Wednesday, March 26th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Emerson Electric has a consensus rating of “Moderate Buy” and an average target price of $135.94.

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.