Rothschild Investment Corp IL increased its stake in shares of Emerson Electric Co. (NYSE:EMR) by 28.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,311 shares of the industrial products company’s stock after acquiring an additional 3,605 shares during the period. Rothschild Investment Corp IL’s holdings in Emerson Electric were worth $1,249,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Clarus Wealth Advisors acquired a new stake in shares of Emerson Electric during the second quarter worth $100,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in shares of Emerson Electric during the second quarter worth $102,000. Kiley Juergens Wealth Management LLC acquired a new stake in shares of Emerson Electric during the second quarter worth $105,000. Kaizen Advisory LLC raised its holdings in shares of Emerson Electric by 151.1% during the second quarter. Kaizen Advisory LLC now owns 1,539 shares of the industrial products company’s stock worth $106,000 after acquiring an additional 926 shares during the period. Finally, FNY Investment Advisers LLC acquired a new stake in shares of Emerson Electric during the second quarter worth $113,000. Institutional investors and hedge funds own 70.35% of the company’s stock.

In other news, President Edward L. Monser sold 60,000 shares of Emerson Electric stock in a transaction dated Monday, September 10th. The shares were sold at an average price of $76.10, for a total value of $4,566,000.00. Following the completion of the transaction, the president now owns 176,477 shares of the company’s stock, valued at approximately $13,429,899.70. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Steven J. Pelch sold 6,409 shares of Emerson Electric stock in a transaction dated Tuesday, August 14th. The shares were sold at an average price of $74.24, for a total transaction of $475,804.16. The disclosure for this sale can be found here. In the last ninety days, insiders sold 96,409 shares of company stock valued at $7,317,004. 0.84% of the stock is owned by insiders.

A number of brokerages recently commented on EMR. Bank of America raised their price objective on shares of Emerson Electric from $82.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, October 4th. Cowen restated a “buy” rating and set a $81.00 price objective on shares of Emerson Electric in a report on Wednesday, September 19th. Zacks Investment Research upgraded shares of Emerson Electric from a “hold” rating to a “buy” rating and set a $88.00 price objective on the stock in a report on Thursday, October 4th. Barclays raised their price objective on shares of Emerson Electric from $85.00 to $88.00 and gave the stock an “overweight” rating in a report on Monday, September 24th. Finally, UBS Group raised their price objective on shares of Emerson Electric from $85.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, August 30th. One analyst has rated the stock with a sell rating, nine have given a hold rating and thirteen have given a buy rating to the company’s stock. Emerson Electric currently has a consensus rating of “Buy” and an average price target of $78.67.

Emerson Electric stock opened at $74.00 on Thursday. The firm has a market capitalization of $48.13 billion, a P/E ratio of 28.03, a price-to-earnings-growth ratio of 2.25 and a beta of 1.15. Emerson Electric Co. has a 1-year low of $57.47 and a 1-year high of $79.70. The company has a quick ratio of 0.97, a current ratio of 1.23 and a debt-to-equity ratio of 0.37.

Emerson Electric (NYSE:EMR) last released its earnings results on Tuesday, August 7th. The industrial products company reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.02. The business had revenue of $4.46 billion during the quarter, compared to the consensus estimate of $4.47 billion. Emerson Electric had a net margin of 12.33% and a return on equity of 22.83%. The firm’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.68 earnings per share. On average, research analysts anticipate that Emerson Electric Co. will post 3.19 earnings per share for the current year.

About Emerson Electric

Emerson Electric Co, a technology and engineering company, provides various solutions to industrial, commercial, and residential markets worldwide. The company's Automation Solutions segment offers software; measurement and analytical instrumentation; valves, actuators, and regulators; industry services and solutions; process control systems and solutions; and digital plant solutions.

Featured Article: Asset Allocation, Balancing Your Investments

Want to see what other hedge funds are holding EMR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Emerson Electric Co. (NYSE:EMR).

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

Receive News & Ratings for Emerson Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerson Electric and related companies with MarketBeat.com's FREE daily email newsletter.