BLB&B Advisors LLC lifted its position in shares of Emerson Electric Company (NYSE:EMR) by 9.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 73,625 shares of the industrial products company’s stock after purchasing an additional 6,205 shares during the quarter. BLB&B Advisors LLC’s holdings in Emerson Electric were worth $5,131,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Crossmark Global Holdings Inc. bought a new stake in shares of Emerson Electric during the third quarter valued at approximately $12,652,000. APG Asset Management N.V. boosted its position in shares of Emerson Electric by 10.8% during the third quarter. APG Asset Management N.V. now owns 3,921,119 shares of the industrial products company’s stock valued at $246,403,000 after purchasing an additional 383,300 shares in the last quarter. Fagan Associates Inc. boosted its position in shares of Emerson Electric by 19.3% during the second quarter. Fagan Associates Inc. now owns 5,975 shares of the industrial products company’s stock valued at $356,000 after purchasing an additional 968 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC boosted its position in shares of Emerson Electric by 6.6% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 10,075 shares of the industrial products company’s stock valued at $601,000 after purchasing an additional 620 shares in the last quarter. Finally, Andra AP fonden boosted its position in shares of Emerson Electric by 5.2% during the second quarter. Andra AP fonden now owns 95,300 shares of the industrial products company’s stock valued at $5,682,000 after purchasing an additional 4,700 shares in the last quarter. Institutional investors own 69.18% of the company’s stock.

Several research firms recently weighed in on EMR. Wells Fargo & Co restated a “market perform” rating and set a $73.00 price target (up from $65.00) on shares of Emerson Electric in a research report on Thursday. Vertical Research upgraded Emerson Electric from a “hold” rating to a “buy” rating in a research note on Tuesday, January 2nd. Cowen reiterated a “buy” rating and set a $72.00 price objective on shares of Emerson Electric in a research note on Wednesday, December 20th. Zacks Investment Research upgraded Emerson Electric from a “sell” rating to a “hold” rating in a research note on Tuesday, October 31st. Finally, Stifel Nicolaus reiterated a “buy” rating and set a $75.00 price objective on shares of Emerson Electric in a research note on Monday, December 11th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and five have issued a buy rating to the company. Emerson Electric presently has an average rating of “Hold” and an average price target of $66.43.

Emerson Electric Company (NYSE:EMR) opened at $73.14 on Friday. Emerson Electric Company has a one year low of $56.77 and a one year high of $74.45. The company has a quick ratio of 1.30, a current ratio of 1.64 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $46,940.00, a price-to-earnings ratio of 28.57, a PEG ratio of 2.69 and a beta of 1.24.

Emerson Electric (NYSE:EMR) last posted its quarterly earnings results on Tuesday, November 7th. The industrial products company reported $0.83 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.83. Emerson Electric had a return on equity of 20.47% and a net margin of 9.94%. The firm had revenue of $4.44 billion during the quarter, compared to analysts’ expectations of $4.43 billion. During the same quarter in the previous year, the business earned $0.74 earnings per share. The company’s revenue was up 12.8% on a year-over-year basis. research analysts expect that Emerson Electric Company will post 2.92 EPS for the current fiscal year.

In other news, VP Frank J. Dellaquila sold 2,100 shares of the business’s stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $64.77, for a total value of $136,017.00. Following the completion of the transaction, the vice president now owns 178,743 shares in the company, valued at $11,577,184.11. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Bell Katherine Button sold 7,518 shares of the company’s stock in a transaction on Monday, December 11th. The shares were sold at an average price of $66.36, for a total value of $498,894.48. Following the sale, the vice president now owns 36,877 shares of the company’s stock, valued at approximately $2,447,157.72. The disclosure for this sale can be found here. Insiders sold 27,017 shares of company stock valued at $1,771,129 in the last 90 days. Company insiders own 0.79% of the company’s stock.

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About Emerson Electric

Emerson Electric Co is a diversified global manufacturing company, which provides solutions to customers by bringing technology and engineering together in the industrial, commercial and consumer markets around the world. The Company operates through four segments based on the nature of the products and services rendered: Process Management, Industrial Automation, Climate Technologies and Commercial & Residential Solutions.

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

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