Bryn Mawr Capital Management LLC Has $1.44 Million Stock Position in Emerson Electric Co. (NYSE:EMR)

Bryn Mawr Capital Management LLC increased its holdings in shares of Emerson Electric Co. (NYSE:EMR) by 21.1% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 14,763 shares of the industrial products company’s stock after purchasing an additional 2,577 shares during the period. Bryn Mawr Capital Management LLC’s holdings in Emerson Electric were worth $1,437,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of EMR. Adage Capital Partners GP L.L.C. grew its holdings in Emerson Electric by 255.5% during the third quarter. Adage Capital Partners GP L.L.C. now owns 2,803,881 shares of the industrial products company’s stock worth $270,771,000 after purchasing an additional 2,015,232 shares during the period. Nordea Investment Management AB grew its holdings in Emerson Electric by 26.5% during the fourth quarter. Nordea Investment Management AB now owns 7,447,248 shares of the industrial products company’s stock worth $723,873,000 after purchasing an additional 1,558,903 shares during the period. Schroder Investment Management Group grew its holdings in Emerson Electric by 211.7% during the third quarter. Schroder Investment Management Group now owns 2,003,099 shares of the industrial products company’s stock worth $193,439,000 after purchasing an additional 1,360,477 shares during the period. Invesco Ltd. grew its holdings in Emerson Electric by 16.9% during the third quarter. Invesco Ltd. now owns 8,199,836 shares of the industrial products company’s stock worth $791,858,000 after purchasing an additional 1,184,202 shares during the period. Finally, Morgan Stanley boosted its holdings in shares of Emerson Electric by 7.9% during the third quarter. Morgan Stanley now owns 13,750,393 shares of the industrial products company’s stock worth $1,327,876,000 after acquiring an additional 1,008,294 shares during the period. Institutional investors own 74.30% of the company’s stock.

Emerson Electric Stock Performance

Shares of EMR opened at $109.87 on Friday. The company has a current ratio of 1.12, a quick ratio of 0.80 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $62.71 billion, a P/E ratio of 5.72, a price-to-earnings-growth ratio of 1.90 and a beta of 1.37. The firm’s fifty day simple moving average is $110.38 and its two-hundred day simple moving average is $99.28. Emerson Electric Co. has a 12 month low of $76.94 and a 12 month high of $115.26.

Emerson Electric (NYSE:EMR) last issued its quarterly earnings results on Wednesday, February 7th. The industrial products company reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.04 by $0.18. The business had revenue of $4.12 billion for the quarter, compared to analysts’ expectations of $3.91 billion. Emerson Electric had a net margin of 69.33% and a return on equity of 11.59%. The business’s quarterly revenue was up 22.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.78 earnings per share. As a group, analysts predict that Emerson Electric Co. will post 5.4 EPS for the current year.

Emerson Electric Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Stockholders of record on Friday, February 16th were given a dividend of $0.525 per share. The ex-dividend date was Thursday, February 15th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.91%. Emerson Electric’s dividend payout ratio (DPR) is presently 10.94%.

Insider Transactions at Emerson Electric

In related news, Director Mark A. Blinn sold 2,413 shares of the company’s stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $103.18, for a total value of $248,973.34. Following the sale, the director now owns 9,591 shares in the company, valued at approximately $989,599.38. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.25% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Berenberg Bank boosted their price objective on Emerson Electric from $100.00 to $130.00 and gave the stock a “buy” rating in a report on Wednesday, March 6th. Bank of America boosted their price objective on shares of Emerson Electric from $120.00 to $130.00 and gave the company a “buy” rating in a research report on Monday, March 4th. KeyCorp boosted their price objective on shares of Emerson Electric from $120.00 to $125.00 and gave the company an “overweight” rating in a research report on Thursday, February 8th. Royal Bank of Canada boosted their price objective on shares of Emerson Electric from $106.00 to $120.00 and gave the company an “outperform” rating in a research report on Thursday, February 8th. Finally, UBS Group boosted their price objective on shares of Emerson Electric from $95.00 to $120.00 and gave the company a “neutral” rating in a research report on Thursday, March 21st. Three analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $116.25.

Emerson Electric Profile

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.