Achmea Investment Management B.V. raised its stake in Emerson Electric Co. (NYSE:EMR) by 46.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 160,637 shares of the industrial products company’s stock after acquiring an additional 50,745 shares during the quarter. Achmea Investment Management B.V.’s holdings in Emerson Electric were worth $9,598,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in EMR. Bank of New York Mellon Corp raised its holdings in Emerson Electric by 3,146,008.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 9,375,404 shares of the industrial products company’s stock valued at $717,967,000 after acquiring an additional 9,375,106 shares during the period. Oregon Public Employees Retirement Fund raised its holdings in Emerson Electric by 5,802.2% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 4,095,444 shares of the industrial products company’s stock valued at $69,000 after acquiring an additional 4,026,056 shares during the period. BlackRock Inc. raised its holdings in Emerson Electric by 5.9% in the 4th quarter. BlackRock Inc. now owns 42,076,883 shares of the industrial products company’s stock valued at $2,514,093,000 after acquiring an additional 2,358,763 shares during the period. Vanguard Group Inc raised its holdings in Emerson Electric by 2.4% in the 3rd quarter. Vanguard Group Inc now owns 51,601,229 shares of the industrial products company’s stock valued at $3,951,622,000 after acquiring an additional 1,214,362 shares during the period. Finally, Capital World Investors raised its holdings in Emerson Electric by 7.0% in the 3rd quarter. Capital World Investors now owns 15,250,142 shares of the industrial products company’s stock valued at $1,167,856,000 after acquiring an additional 1,000,000 shares during the period. 71.54% of the stock is currently owned by hedge funds and other institutional investors.

Several research analysts have weighed in on the stock. Citigroup raised shares of Emerson Electric from a “sell” rating to a “neutral” rating and set a $66.00 price target on the stock in a report on Monday, January 14th. Gordon Haskett cut shares of Emerson Electric from a “buy” rating to a “hold” rating in a report on Wednesday, December 12th. Stephens reissued a “buy” rating and issued a $68.00 price target on shares of Emerson Electric in a report on Sunday, January 6th. Cowen reissued a “buy” rating and issued a $81.00 price target on shares of Emerson Electric in a report on Wednesday, January 30th. Finally, Barclays cut shares of Emerson Electric from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $85.00 to $71.00 in a report on Monday, December 17th. Ten equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $76.28.

Shares of EMR opened at $67.33 on Friday. Emerson Electric Co. has a 12 month low of $55.38 and a 12 month high of $79.70. The company has a market cap of $41.38 billion, a PE ratio of 19.92, a price-to-earnings-growth ratio of 2.11 and a beta of 1.24. The company has a current ratio of 0.88, a quick ratio of 0.62 and a debt-to-equity ratio of 0.32.

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

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

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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.

Read More: Book Value Per Share – BVPS

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

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