National Pension Service boosted its stake in Emerson Electric Company (NYSE:EMR) by 5.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 606,800 shares of the industrial products company’s stock after acquiring an additional 31,458 shares during the period. National Pension Service’s holdings in Emerson Electric were worth $42,288,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in EMR. Crossmark Global Holdings Inc. purchased a new position in Emerson Electric during the third quarter valued at $12,652,000. APG Asset Management N.V. lifted its position in 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 buying an additional 383,300 shares during the period. Fagan Associates Inc. lifted its position in 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 buying an additional 968 shares during the period. Pinnacle Wealth Management Advisory Group LLC lifted its position in 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 buying an additional 620 shares during the period. Finally, Andra AP fonden lifted its position in 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 buying an additional 4,700 shares during the period. Institutional investors and hedge funds own 69.18% of the company’s stock.

In other Emerson Electric news, VP Frank J. Dellaquila sold 2,100 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at approximately $11,577,184.11. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Bell Katherine Button sold 7,909 shares of the business’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $64.78, for a total value of $512,345.02. Following the completion of the transaction, the vice president now directly owns 44,628 shares of the company’s stock, valued at approximately $2,891,001.84. The disclosure for this sale can be found here. In the last three months, insiders sold 27,017 shares of company stock valued at $1,771,129. 0.79% of the stock is owned by insiders.

Emerson Electric Company (EMR) opened at $73.14 on Friday. Emerson Electric Company has a 52-week low of $56.77 and a 52-week high of $74.45. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.64 and a quick ratio of 1.30. The firm has a market capitalization of $46,709.77, a PE ratio of 28.35, a price-to-earnings-growth ratio of 2.69 and a beta of 1.24.

Emerson Electric (NYSE:EMR) last issued its earnings results on Tuesday, November 7th. The industrial products company reported $0.83 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.83. Emerson Electric had a return on equity of 20.47% and a net margin of 9.94%. The business had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.43 billion. During the same quarter in the previous year, the firm earned $0.74 EPS. Emerson Electric’s revenue was up 12.8% on a year-over-year basis. equities analysts forecast that Emerson Electric Company will post 2.96 earnings per share for the current year.

Several equities analysts have commented on EMR shares. Cowen reissued a “buy” rating and set a $72.00 price objective on shares of Emerson Electric in a research report on Wednesday, December 6th. Zacks Investment Research lowered Emerson Electric from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th. Robert W. Baird reissued a “hold” rating and set a $70.00 price objective on shares of Emerson Electric in a research report on Friday, November 10th. Goldman Sachs Group reissued a “neutral” rating and set a $66.00 price objective on shares of Emerson Electric in a research report on Friday, December 8th. Finally, Royal Bank of Canada reissued a “neutral” rating on shares of Emerson Electric in a research report on Thursday, November 9th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $66.43.

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Emerson Electric Profile

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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