Kera Capital Partners Inc. Acquires Shares of 1,662 Emerson Electric Co. (NYSE:EMR)

Kera Capital Partners Inc. bought a new position in shares of Emerson Electric Co. (NYSE:EMR) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,662 shares of the industrial products company’s stock, valued at approximately $206,000.

A number of other large investors have also added to or reduced their stakes in the business. Capital Performance Advisors LLP bought a new position in shares of Emerson Electric in the third quarter valued at about $25,000. Darwin Wealth Management LLC bought a new position in Emerson Electric in the 3rd quarter valued at about $29,000. Morton Brown Family Wealth LLC acquired a new stake in Emerson Electric during the third quarter worth approximately $33,000. Frazier Financial Advisors LLC bought a new stake in shares of Emerson Electric during the third quarter worth approximately $33,000. Finally, Catalyst Capital Advisors LLC bought a new position in shares of Emerson Electric during the third quarter worth approximately $43,000. Institutional investors own 74.30% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on EMR shares. KeyCorp upped their price objective on Emerson Electric from $140.00 to $158.00 and gave the company an “overweight” rating in a report on Monday, December 9th. Barclays raised their price target on shares of Emerson Electric from $116.00 to $135.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 5th. Stephens downgraded shares of Emerson Electric from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $135.00 to $120.00 in a report on Wednesday, October 16th. Wells Fargo & Company lowered their target price on shares of Emerson Electric from $145.00 to $140.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. Finally, Oppenheimer boosted their price target on Emerson Electric from $120.00 to $125.00 and gave the company an “outperform” rating in a research note on Thursday, September 26th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $135.89.

Insider Activity

In other news, SVP Michael H. Train sold 21,525 shares of Emerson Electric stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $125.96, for a total transaction of $2,711,289.00. Following the sale, the senior vice president now directly owns 262,408 shares of the company’s stock, valued at approximately $33,052,911.68. This trade represents a 7.58 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.50% of the stock is owned by corporate insiders.

Emerson Electric Trading Up 1.1 %

Shares of Emerson Electric stock opened at $124.65 on Monday. The firm’s 50 day moving average is $127.05 and its 200 day moving average is $115.27. The firm has a market capitalization of $70.99 billion, a PE ratio of 36.45, a price-to-earnings-growth ratio of 1.98 and a beta of 1.35. Emerson Electric Co. has a 1 year low of $91.64 and a 1 year high of $134.85. The company has a current ratio of 1.77, a quick ratio of 1.40 and a debt-to-equity ratio of 0.26.

Emerson Electric Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Friday, November 15th were issued a dividend of $0.5275 per share. The ex-dividend date of this dividend was Friday, November 15th. This is an increase from Emerson Electric’s previous quarterly dividend of $0.53. This represents a $2.11 annualized dividend and a dividend yield of 1.69%. Emerson Electric’s dividend payout ratio is 61.70%.

About Emerson Electric

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.