GAMMA Investing LLC Buys 1,090 Shares of Emerson Electric Co. (NYSE:EMR)

GAMMA Investing LLC boosted its holdings in shares of Emerson Electric Co. (NYSE:EMR) by 14.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,795 shares of the industrial products company’s stock after purchasing an additional 1,090 shares during the quarter. GAMMA Investing LLC’s holdings in Emerson Electric were worth $1,090,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of EMR. Wilmington Savings Fund Society FSB grew its position in Emerson Electric by 120.1% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 56,341 shares of the industrial products company’s stock worth $6,162,000 after purchasing an additional 30,741 shares during the last quarter. Geode Capital Management LLC increased its stake in Emerson Electric by 1.4% during the third quarter. Geode Capital Management LLC now owns 11,453,075 shares of the industrial products company’s stock valued at $1,247,570,000 after acquiring an additional 162,985 shares during the period. Bank of Montreal Can lifted its position in shares of Emerson Electric by 17.0% in the 2nd quarter. Bank of Montreal Can now owns 1,339,301 shares of the industrial products company’s stock worth $152,359,000 after acquiring an additional 194,944 shares during the period. Dynamic Advisor Solutions LLC grew its holdings in shares of Emerson Electric by 8.5% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 69,285 shares of the industrial products company’s stock worth $7,578,000 after purchasing an additional 5,416 shares in the last quarter. Finally, Larson Financial Group LLC raised its stake in shares of Emerson Electric by 130.0% in the third quarter. Larson Financial Group LLC now owns 9,541 shares of the industrial products company’s stock valued at $1,044,000 after purchasing an additional 5,393 shares in the last quarter. 74.30% of the stock is owned by institutional investors.

Insider Buying and Selling at Emerson Electric

In related news, SVP Michael H. Train sold 21,525 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $125.96, for a total value of $2,711,289.00. Following the transaction, the senior vice president now directly owns 262,408 shares in the company, valued at $33,052,911.68. This represents a 7.58 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.50% of the company’s stock.

Emerson Electric Stock Up 1.0 %

Shares of EMR opened at $123.44 on Friday. The firm has a market capitalization of $70.30 billion, a price-to-earnings ratio of 36.09, a PEG ratio of 2.20 and a beta of 1.35. Emerson Electric Co. has a 52 week low of $91.64 and a 52 week high of $134.85. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.40 and a current ratio of 1.77. The business’s fifty day moving average price is $125.63 and its two-hundred day moving average price is $114.25.

Emerson Electric Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Friday, November 15th were issued a dividend of $0.5275 per share. This is a boost from Emerson Electric’s previous quarterly dividend of $0.53. This represents a $2.11 annualized dividend and a yield of 1.71%. The ex-dividend date was Friday, November 15th. Emerson Electric’s payout ratio is currently 61.70%.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Stephens lowered shares of Emerson Electric from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $135.00 to $120.00 in a report on Wednesday, October 16th. Morgan Stanley started coverage on shares of Emerson Electric in a research note on Friday, September 6th. They set an “underweight” rating and a $105.00 price target for the company. Barclays upped their price objective on Emerson Electric from $116.00 to $135.00 and gave the company an “equal weight” rating in a research note on Thursday, December 5th. UBS Group began coverage on Emerson Electric in a research report on Wednesday, November 13th. They set a “neutral” rating and a $135.00 target price for the company. Finally, Wells Fargo & Company increased their price objective on Emerson Electric from $128.00 to $135.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $134.58.

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.