Captrust Financial Advisors Has $27.32 Million Holdings in Emerson Electric Co. (NYSE:EMR)

Captrust Financial Advisors boosted its position in shares of Emerson Electric Co. (NYSE:EMR) by 0.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 220,423 shares of the industrial products company’s stock after purchasing an additional 583 shares during the period. Captrust Financial Advisors’ holdings in Emerson Electric were worth $27,317,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Stephens Consulting LLC acquired a new position in Emerson Electric during the fourth quarter valued at $25,000. Sugar Maple Asset Management LLC purchased a new stake in shares of Emerson Electric in the fourth quarter worth approximately $27,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Emerson Electric during the fourth quarter worth approximately $28,000. YANKCOM Partnership purchased a new position in Emerson Electric during the fourth quarter valued at approximately $30,000. Finally, Fiduciary Advisors Inc. acquired a new position in Emerson Electric in the 4th quarter valued at approximately $35,000. 74.30% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

EMR has been the topic of several research analyst reports. Daiwa America upgraded shares of Emerson Electric to a “strong-buy” rating in a report on Tuesday, January 28th. Morgan Stanley upped their target price on Emerson Electric from $105.00 to $112.00 and gave the stock an “underweight” rating in a research report on Thursday, February 6th. Daiwa Capital Markets started coverage on shares of Emerson Electric in a research note on Tuesday, January 28th. They issued an “outperform” rating and a $147.00 price objective for the company. JPMorgan Chase & Co. lowered their target price on shares of Emerson Electric from $135.00 to $110.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 8th. Finally, Citigroup reduced their price target on Emerson Electric from $132.00 to $119.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $131.67.

Emerson Electric Price Performance

NYSE:EMR opened at $108.39 on Tuesday. 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 stock has a market cap of $61.12 billion, a P/E ratio of 25.87, a PEG ratio of 2.49 and a beta of 1.26. The company has a fifty day moving average price of $107.40 and a 200 day moving average price of $118.55. Emerson Electric Co. has a one year low of $90.06 and a one year high of $134.85.

Emerson Electric (NYSE:EMR) last released its earnings results on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.10. Emerson Electric had a net margin of 13.74% and a return on equity of 12.08%. Analysts anticipate that Emerson Electric Co. will post 5.96 earnings per share for the current year.

Emerson Electric Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Friday, February 14th were given a $0.5275 dividend. The ex-dividend date was Friday, February 14th. This represents a $2.11 annualized dividend and a yield of 1.95%. Emerson Electric’s dividend payout ratio (DPR) is currently 50.36%.

About Emerson Electric

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.