Mairs & Power INC decreased its stake in shares of Emerson Electric Co. (NYSE:EMR) by 2.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 442,564 shares of the industrial products company’s stock after selling 12,058 shares during the period. Mairs & Power INC owned about 0.07% of Emerson Electric worth $26,443,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Chicago Equity Partners LLC raised its position in Emerson Electric by 33.7% in the 3rd quarter. Chicago Equity Partners LLC now owns 4,170 shares of the industrial products company’s stock valued at $319,000 after purchasing an additional 1,050 shares during the last quarter. SG Americas Securities LLC raised its position in Emerson Electric by 30.8% in the 3rd quarter. SG Americas Securities LLC now owns 45,147 shares of the industrial products company’s stock valued at $3,457,000 after purchasing an additional 10,631 shares during the last quarter. MML Investors Services LLC raised its position in Emerson Electric by 33.4% in the 3rd quarter. MML Investors Services LLC now owns 34,027 shares of the industrial products company’s stock valued at $2,606,000 after purchasing an additional 8,510 shares during the last quarter. Twin Capital Management Inc. raised its position in Emerson Electric by 4.5% in the 3rd quarter. Twin Capital Management Inc. now owns 21,530 shares of the industrial products company’s stock valued at $1,649,000 after purchasing an additional 918 shares during the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. raised its position in Emerson Electric by 44.4% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 12,873 shares of the industrial products company’s stock valued at $986,000 after purchasing an additional 3,957 shares during the last quarter. Institutional investors own 71.54% of the company’s stock.

Shares of Emerson Electric stock opened at $67.33 on Friday. The company has a quick ratio of 0.62, a current ratio of 0.88 and a debt-to-equity ratio of 0.32. Emerson Electric Co. has a 12 month low of $55.38 and a 12 month high of $79.70. The firm has a market cap of $41.38 billion, a P/E ratio of 19.92, a P/E/G ratio of 2.11 and a beta of 1.24.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings data on Tuesday, February 5th. The industrial products company reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.08. Emerson Electric had a return on equity of 24.21% and a net margin of 12.83%. The business had revenue of $4.15 billion during the quarter, compared to analysts’ expectations of $4.21 billion. During the same period in the previous year, the firm earned $0.61 earnings per share. The firm’s quarterly revenue was up 8.7% compared to the same quarter last year. As a group, equities research analysts anticipate that Emerson Electric Co. will post 3.7 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Investors of record on Friday, February 15th were paid a dividend of $0.49 per share. The ex-dividend date was Thursday, February 14th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 2.91%. Emerson Electric’s dividend payout ratio (DPR) is presently 57.99%.

EMR has been the subject of several research analyst reports. Stephens reiterated a “buy” rating and issued a $68.00 price objective on shares of Emerson Electric in a research report on Sunday, January 6th. Cowen restated a “buy” rating and set a $81.00 target price on shares of Emerson Electric in a research report on Wednesday, January 30th. Morgan Stanley set a $77.00 target price on Emerson Electric and gave the stock a “buy” rating in a research report on Friday, February 8th. Barclays downgraded Emerson Electric from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $85.00 to $71.00 in a research report on Monday, December 17th. Finally, Zacks Investment Research upgraded Emerson Electric from a “sell” rating to a “hold” rating in a research report on Tuesday, January 8th. Ten analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $76.28.

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Emerson Electric Profile

Emerson Electric Co, a technology and engineering company, provides various solutions to industrial, commercial, and consumer markets worldwide. The company's Automation Solutions segment offers products and integrated solutions, including measurement and analytical instrumentation; valves, actuators, and regulators; industrial solutions; and process control systems and solutions.

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Institutional Ownership by Quarter for Emerson Electric (NYSE:EMR)

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