Chapman Financial Group LLC Takes $325,000 Position in Emerson Electric Co. (NYSE:EMR)

Chapman Financial Group LLC bought a new stake in Emerson Electric Co. (NYSE:EMR) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,621 shares of the industrial products company’s stock, valued at approximately $325,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of EMR. Franklin Resources Inc. grew its holdings in shares of Emerson Electric by 3.2% during the third quarter. Franklin Resources Inc. now owns 586,319 shares of the industrial products company’s stock worth $66,043,000 after buying an additional 17,913 shares during the last quarter. Principal Financial Group Inc. lifted its position in Emerson Electric by 2.9% during the 3rd quarter. Principal Financial Group Inc. now owns 812,976 shares of the industrial products company’s stock worth $88,915,000 after acquiring an additional 23,205 shares during the period. Nordea Investment Management AB increased its holdings in shares of Emerson Electric by 5.7% in the fourth quarter. Nordea Investment Management AB now owns 7,013,550 shares of the industrial products company’s stock valued at $871,083,000 after purchasing an additional 375,470 shares during the period. CWA Asset Management Group LLC raised its stake in shares of Emerson Electric by 6.0% during the fourth quarter. CWA Asset Management Group LLC now owns 4,236 shares of the industrial products company’s stock worth $525,000 after purchasing an additional 238 shares during the last quarter. Finally, Capital Market Strategies LLC lifted its holdings in shares of Emerson Electric by 5.5% during the fourth quarter. Capital Market Strategies LLC now owns 4,300 shares of the industrial products company’s stock worth $533,000 after purchasing an additional 224 shares during the period. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on EMR shares. Royal Bank of Canada restated an “outperform” rating and set a $138.00 price objective on shares of Emerson Electric in a research report on Thursday, February 6th. Wells Fargo & Company increased 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. Morgan Stanley lifted their price objective on Emerson Electric from $105.00 to $112.00 and gave the company an “underweight” rating in a report on Thursday, February 6th. KeyCorp cut their target price on Emerson Electric from $158.00 to $125.00 and set an “overweight” rating for the company in a research note on Tuesday, April 8th. Finally, Barclays decreased their price target on Emerson Electric from $105.00 to $99.00 and set an “underweight” rating on the stock in a research note on Thursday, April 10th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Emerson Electric currently has a consensus rating of “Moderate Buy” and a consensus target price of $131.67.

Emerson Electric Stock Up 2.5 %

Shares of NYSE EMR opened at $108.41 on Monday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.54 and a quick ratio of 1.17. The firm’s 50-day moving average is $107.63 and its two-hundred day moving average is $118.56. Emerson Electric Co. has a 12-month low of $90.06 and a 12-month high of $134.85. The company has a market capitalization of $61.13 billion, a PE ratio of 25.87, a price-to-earnings-growth ratio of 2.49 and a beta of 1.28.

Emerson Electric (NYSE:EMR) last issued its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share (EPS) 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%. Equities analysts anticipate that Emerson Electric Co. will post 5.96 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Friday, February 14th were paid a dividend of $0.5275 per share. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date of this dividend was Friday, February 14th. Emerson Electric’s dividend payout ratio is currently 50.36%.

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.