Tdam USA Inc. Buys 9,325 Shares of Emerson Electric Co. (NYSE:EMR)

Tdam USA Inc. lifted its stake in shares of Emerson Electric Co. (NYSE:EMRGet Rating) by 4.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 206,271 shares of the industrial products company’s stock after acquiring an additional 9,325 shares during the quarter. Emerson Electric makes up approximately 1.2% of Tdam USA Inc.’s holdings, making the stock its 18th biggest position. Tdam USA Inc.’s holdings in Emerson Electric were worth $19,177,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Disciplined Investments LLC grew its stake in shares of Emerson Electric by 75.0% during the 4th quarter. Disciplined Investments LLC now owns 280 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 120 shares during the period. Widmann Financial Services Inc. bought a new position in shares of Emerson Electric during the 4th quarter valued at approximately $27,000. Newbridge Financial Services Group Inc. boosted its stake in Emerson Electric by 200.0% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 300 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 200 shares during the period. Equitec Proprietary Markets LLC bought a new position in Emerson Electric in the 4th quarter worth approximately $33,000. Finally, FSB Premier Wealth Management Inc. bought a new position in Emerson Electric in the 4th quarter worth approximately $35,000. Institutional investors own 73.50% of the company’s stock.

In other news, insider Mark J. Bulanda sold 4,574 shares of Emerson Electric stock in a transaction on Tuesday, March 29th. The stock was sold at an average price of $97.35, for a total transaction of $445,278.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.78% of the stock is currently owned by company insiders.

Several research analysts have weighed in on EMR shares. Citigroup upped their price target on Emerson Electric from $120.00 to $123.00 in a research note on Thursday, February 3rd. Deutsche Bank Aktiengesellschaft dropped their price target on Emerson Electric from $114.00 to $110.00 in a research note on Thursday, May 5th. Morgan Stanley upped their price target on Emerson Electric from $102.00 to $108.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 3rd. Sanford C. Bernstein assumed coverage on shares of Emerson Electric in a report on Monday, January 10th. They issued a “market perform” rating and a $100.00 target price for the company. Finally, Credit Suisse Group raised their target price on shares of Emerson Electric from $111.00 to $112.00 and gave the company an “outperform” rating in a report on Thursday, February 3rd. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, Emerson Electric has a consensus rating of “Buy” and a consensus price target of $108.26.

EMR traded down $0.80 during trading on Tuesday, reaching $83.61. The company had a trading volume of 3,283,552 shares, compared to its average volume of 3,314,530. The stock has a market cap of $49.66 billion, a P/E ratio of 17.49, a PEG ratio of 2.02 and a beta of 1.42. The business has a 50 day simple moving average of $93.98 and a 200-day simple moving average of $93.97. Emerson Electric Co. has a 52 week low of $83.12 and a 52 week high of $105.99. The company has a quick ratio of 1.60, a current ratio of 1.68 and a debt-to-equity ratio of 0.77.

Emerson Electric (NYSE:EMRGet Rating) last issued its quarterly earnings results on Wednesday, May 4th. The industrial products company reported $1.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.18 by $0.11. The company had revenue of $4.80 billion during the quarter, compared to the consensus estimate of $4.71 billion. Emerson Electric had a return on equity of 27.72% and a net margin of 15.16%. Emerson Electric’s revenue was up 8.3% on a year-over-year basis. During the same period last year, the company earned $0.97 earnings per share. As a group, equities research analysts expect that Emerson Electric Co. will post 5.03 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 10th. Stockholders of record on Friday, May 13th will be given a dividend of $0.515 per share. The ex-dividend date is Thursday, May 12th. This represents a $2.06 annualized dividend and a dividend yield of 2.46%. Emerson Electric’s dividend payout ratio (DPR) is 43.10%.

About Emerson Electric (Get Rating)

Emerson Electric Co designs and manufactures technology and engineering products for industrial, commercial, and consumer markets worldwide. The company operates through Automation Solutions and Commercial & Residential Solutions segments. The Automation Solutions segment offers measurement and analytical instrumentation, industrial valves and equipment, and process control software and systems.

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

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