Commerzbank Aktiengesellschaft FI Raises Stock Position in Emerson Electric Co. (NYSE:EMR)

Commerzbank Aktiengesellschaft FI boosted its position in Emerson Electric Co. (NYSE:EMR) by 19.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,062 shares of the industrial products company’s stock after purchasing an additional 2,663 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Emerson Electric were worth $1,996,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Capital Performance Advisors LLP purchased a new position in Emerson Electric during the third quarter worth about $25,000. Stephens Consulting LLC bought a new stake in shares of Emerson Electric during the 4th quarter valued at about $25,000. Sugar Maple Asset Management LLC purchased a new position in shares of Emerson Electric during the fourth quarter worth about $27,000. Darwin Wealth Management LLC purchased a new stake in Emerson Electric in the third quarter valued at approximately $29,000. Finally, YANKCOM Partnership bought a new stake in Emerson Electric during the fourth quarter valued at approximately $30,000. 74.30% of the stock is owned by institutional investors.

Emerson Electric Trading Down 3.8 %

EMR opened at $116.95 on Tuesday. Emerson Electric Co. has a one year low of $96.62 and a one year high of $134.85. 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 business has a 50 day simple moving average of $124.44 and a two-hundred day simple moving average of $118.37. The firm has a market capitalization of $65.95 billion, a price-to-earnings ratio of 27.91, a PEG ratio of 2.49 and a beta of 1.34.

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

Emerson Electric Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Friday, February 14th will be paid a $0.5275 dividend. This represents a $2.11 dividend on an annualized basis and a yield of 1.80%. The ex-dividend date of this dividend is Friday, February 14th. Emerson Electric’s payout ratio is currently 50.36%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on EMR shares. Daiwa America upgraded shares of Emerson Electric to a “strong-buy” rating in a research report on Tuesday, January 28th. StockNews.com raised Emerson Electric from a “hold” rating to a “buy” rating in a research note on Friday, February 7th. BNP Paribas initiated coverage on Emerson Electric in a research report on Wednesday, November 13th. They set an “outperform” rating and a $155.00 price objective on the stock. KeyCorp boosted their target price on Emerson Electric from $140.00 to $158.00 and gave the stock an “overweight” rating in a research report on Monday, December 9th. Finally, Daiwa Capital Markets began coverage on shares of Emerson Electric in a research report on Tuesday, January 28th. They set an “outperform” rating and a $147.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $136.90.

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.