Ifrah Financial Services Inc. grew its stake in shares of Emerson Electric Company (NYSE:EMR) by 14.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,975 shares of the industrial products company’s stock after acquiring an additional 1,476 shares during the quarter. Ifrah Financial Services Inc.’s holdings in Emerson Electric were worth $835,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the company. Intellectus Partners LLC boosted its position in shares of Emerson Electric by 0.3% during the second quarter. Intellectus Partners LLC now owns 2,094 shares of the industrial products company’s stock valued at $125,000 after buying an additional 7 shares during the last quarter. Parallel Advisors LLC boosted its position in shares of Emerson Electric by 0.5% during the second quarter. Parallel Advisors LLC now owns 4,892 shares of the industrial products company’s stock valued at $292,000 after buying an additional 26 shares during the last quarter. Wayne Hummer Investments L.L.C. boosted its position in shares of Emerson Electric by 0.4% during the second quarter. Wayne Hummer Investments L.L.C. now owns 18,502 shares of the industrial products company’s stock valued at $1,103,000 after buying an additional 70 shares during the last quarter. Bank of The Ozarks boosted its position in shares of Emerson Electric by 1.4% during the second quarter. Bank of The Ozarks now owns 5,255 shares of the industrial products company’s stock valued at $313,000 after buying an additional 75 shares during the last quarter. Finally, Trust Co. of Virginia VA boosted its position in shares of Emerson Electric by 2.2% during the second quarter. Trust Co. of Virginia VA now owns 3,500 shares of the industrial products company’s stock valued at $208,000 after buying an additional 75 shares during the last quarter. Hedge funds and other institutional investors own 69.29% of the company’s stock.

Emerson Electric Company (NYSE:EMR) opened at $70.57 on Friday. The stock has a market capitalization of $45,068.47, a PE ratio of 30.03, a price-to-earnings-growth ratio of 2.56 and a beta of 1.19. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.64 and a quick ratio of 1.30. Emerson Electric Company has a 12-month low of $56.77 and a 12-month high of $74.45.

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

In other Emerson Electric news, VP Frank J. Dellaquila sold 2,100 shares of the firm’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 transaction, the vice president now directly owns 178,743 shares of the company’s stock, valued at $11,577,184.11. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Bell Katherine Button sold 7,909 shares of the firm’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 in the company, valued at $2,891,001.84. The disclosure for this sale can be found here. Insiders sold 27,017 shares of company stock worth $1,771,129 over the last three months. Insiders own 0.79% of the company’s stock.

Several equities research analysts recently commented on EMR shares. Cowen reaffirmed 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 cut Emerson Electric from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th. Robert W. Baird reaffirmed 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 reaffirmed 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 reaffirmed a “neutral” rating on shares of Emerson Electric in a research report on Thursday, November 9th. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $66.15.

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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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