Northwest Quadrant Wealth Management LLC Buys Shares of 1,805 Emerson Electric Co. $EMR

Northwest Quadrant Wealth Management LLC bought a new stake in Emerson Electric Co. (NYSE:EMR) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 1,805 shares of the industrial products company’s stock, valued at approximately $241,000.

Several other institutional investors also recently bought and sold shares of EMR. Brighton Jones LLC grew its position in Emerson Electric by 74.1% in the 4th quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company’s stock valued at $1,412,000 after acquiring an additional 4,850 shares in the last quarter. GAMMA Investing LLC grew its position in Emerson Electric by 16.8% in the 1st quarter. GAMMA Investing LLC now owns 10,274 shares of the industrial products company’s stock valued at $1,126,000 after acquiring an additional 1,479 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Emerson Electric by 15.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 347,763 shares of the industrial products company’s stock valued at $38,129,000 after acquiring an additional 46,998 shares in the last quarter. Kingswood Wealth Advisors LLC grew its position in Emerson Electric by 47.0% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 7,220 shares of the industrial products company’s stock valued at $793,000 after acquiring an additional 2,309 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its position in shares of Emerson Electric by 4.9% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 16,124 shares of the industrial products company’s stock worth $1,768,000 after buying an additional 758 shares in the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.

Emerson Electric Price Performance

EMR stock opened at $129.34 on Friday. The business has a 50 day moving average price of $131.93 and a 200 day moving average price of $125.90. The stock has a market cap of $72.79 billion, a price-to-earnings ratio of 27.81, a PEG ratio of 2.24 and a beta of 1.29. Emerson Electric Co. has a fifty-two week low of $90.06 and a fifty-two week high of $150.27. The company has a quick ratio of 0.63, a current ratio of 0.85 and a debt-to-equity ratio of 0.42.

Emerson Electric (NYSE:EMR) last posted its earnings results on Thursday, April 6th. The industrial products company reported $0.79 earnings per share for the quarter. The firm had revenue of $3.16 billion during the quarter. Emerson Electric had a return on equity of 14.34% and a net margin of 14.92%. Equities research analysts anticipate that Emerson Electric Co. will post 5.96 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Friday, August 15th were paid a $0.5275 dividend. The ex-dividend date was Friday, August 15th. This represents a $2.11 dividend on an annualized basis and a yield of 1.6%. Emerson Electric’s payout ratio is currently 45.38%.

Analyst Ratings Changes

A number of equities analysts have recently commented on EMR shares. KeyCorp boosted their price objective on Emerson Electric from $150.00 to $155.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 1st. Weiss Ratings reissued a “buy (b-)” rating on shares of Emerson Electric in a research report on Wednesday, October 8th. Bank of America boosted their price objective on Emerson Electric from $130.00 to $155.00 and gave the stock a “buy” rating in a research report on Wednesday, July 2nd. Deutsche Bank Aktiengesellschaft boosted their price objective on Emerson Electric from $157.00 to $159.00 and gave the stock a “buy” rating in a research report on Thursday, October 2nd. Finally, Wolfe Research lowered their price objective on Emerson Electric from $173.00 to $172.00 and set an “outperform” rating for the company in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $148.28.

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.