Osborn Rohs Williams & Donohoe Ltd increased its position in shares of Emerson Electric Co. (NYSE:EMR) by 4.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 42,964 shares of the company’s stock after buying an additional 1,639 shares during the period. Osborn Rohs Williams & Donohoe Ltd’s holdings in Emerson Electric were worth $2,342,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its stake in Emerson Electric by 3.3% in the second quarter. Vanguard Group Inc. now owns 39,936,101 shares of the company’s stock worth $2,083,068,000 after buying an additional 1,270,315 shares during the last quarter. BlackRock Fund Advisors increased its stake in Emerson Electric by 3.8% in the second quarter. BlackRock Fund Advisors now owns 11,764,504 shares of the company’s stock worth $613,637,000 after buying an additional 435,266 shares during the last quarter. Capital Research Global Investors increased its stake in Emerson Electric by 4.0% in the second quarter. Capital Research Global Investors now owns 10,759,443 shares of the company’s stock worth $561,213,000 after buying an additional 412,593 shares during the last quarter. Capital World Investors increased its stake in Emerson Electric by 58.3% in the second quarter. Capital World Investors now owns 9,500,000 shares of the company’s stock worth $495,520,000 after buying an additional 3,500,000 shares during the last quarter. Finally, FMR LLC increased its stake in Emerson Electric by 2.6% in the second quarter. FMR LLC now owns 8,896,013 shares of the company’s stock worth $464,016,000 after buying an additional 227,233 shares during the last quarter. Hedge funds and other institutional investors own 70.17% of the company’s stock.

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

Emerson Electric Co. (NYSE:EMR) traded up 3.75% during trading on Wednesday, hitting $56.44. 8,784,880 shares of the stock traded hands. Emerson Electric Co. has a one year low of $41.25 and a one year high of $57.43. The company has a 50-day moving average price of $52.22 and a 200 day moving average price of $52.83. The stock has a market cap of $36.28 billion, a PE ratio of 22.40 and a beta of 1.14.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 9th. Shareholders of record on Friday, November 11th will be issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 3.40%. The ex-dividend date is Tuesday, November 8th. This is an increase from Emerson Electric’s previous quarterly dividend of $0.48. Emerson Electric’s dividend payout ratio (DPR) is 76.19%.

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A number of equities research analysts recently issued reports on EMR shares. Vetr downgraded shares of Emerson Electric from a “sell” rating to a “strong sell” rating and set a $45.32 target price for the company. in a report on Tuesday, November 1st. Deutsche Bank AG restated a “hold” rating on shares of Emerson Electric in a report on Thursday, September 15th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Emerson Electric in a research note on Monday, September 26th. Morgan Stanley reiterated a “hold” rating and set a $50.00 price objective on shares of Emerson Electric in a research note on Monday, August 29th. Finally, Berenberg Bank started coverage on shares of Emerson Electric in a research note on Monday, October 3rd. They set a “sell” rating and a $41.00 price objective for the company. Seven equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating and three have issued a buy rating to the company’s stock. Emerson Electric has a consensus rating of “Hold” and a consensus price target of $51.75.

About Emerson Electric

Emerson Electric Co is engaged in offering technology and engineering together that provides solutions for customers in industrial, commercial, and consumer markets around the world. The company operates through five business segments: Process Management, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions.

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