Emerson Electric Co. (NYSE:EMR) Stock Holdings Lifted by Mission Creek Capital Partners Inc.

Mission Creek Capital Partners Inc. lifted its stake in shares of Emerson Electric Co. (NYSE:EMR) by 2.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,993 shares of the industrial products company’s stock after acquiring an additional 713 shares during the quarter. Mission Creek Capital Partners Inc.’s holdings in Emerson Electric were worth $3,097,000 at the end of the most recent reporting period.

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

Emerson Electric Price Performance

NYSE EMR opened at $105.24 on Friday. Emerson Electric Co. has a 1 year low of $90.06 and a 1 year high of $134.85. The company has a fifty day simple moving average of $109.27 and a 200 day simple moving average of $118.69. The company has a current ratio of 1.54, a quick ratio of 1.17 and a debt-to-equity ratio of 0.25. The company has a market cap of $59.34 billion, a P/E ratio of 25.12, a P/E/G ratio of 2.49 and a beta of 1.28.

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

Emerson Electric Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Friday, February 14th were given a dividend of $0.5275 per share. This represents a $2.11 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date of this dividend was Friday, February 14th. Emerson Electric’s dividend payout ratio (DPR) is currently 50.36%.

Analysts Set New Price Targets

EMR has been the subject of several research analyst reports. Citigroup reduced their price objective on Emerson Electric from $132.00 to $119.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Wells Fargo & Company raised their price target on shares of Emerson Electric from $140.00 to $142.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Barclays dropped their price objective on shares of Emerson Electric from $105.00 to $99.00 and set an “underweight” rating on the stock in a research note on Thursday, April 10th. Morgan Stanley boosted their price target on shares of Emerson Electric from $105.00 to $112.00 and gave the company an “underweight” rating in a report on Thursday, February 6th. Finally, KeyCorp cut their price objective on Emerson Electric from $158.00 to $125.00 and set an “overweight” rating for the company in a report on Tuesday, April 8th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $131.67.

About Emerson Electric

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.