Klein Pavlis & Peasley Financial Inc. Increases Holdings in Emerson Electric Co. (NYSE:EMR)

Klein Pavlis & Peasley Financial Inc. boosted its position in shares of Emerson Electric Co. (NYSE:EMR) by 5.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,389 shares of the industrial products company’s stock after acquiring an additional 400 shares during the quarter. Klein Pavlis & Peasley Financial Inc.’s holdings in Emerson Electric were worth $1,040,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Capital Performance Advisors LLP purchased a new position in shares of Emerson Electric in the third quarter worth approximately $25,000. Stephens Consulting LLC purchased a new position in shares of Emerson Electric during the 4th quarter worth $25,000. Sugar Maple Asset Management LLC purchased a new stake in shares of Emerson Electric in the 4th quarter worth $27,000. Darwin Wealth Management LLC bought a new position in Emerson Electric in the 3rd quarter worth $29,000. Finally, YANKCOM Partnership bought a new stake in Emerson Electric during the fourth quarter valued at about $30,000. Institutional investors own 74.30% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on EMR shares. BNP Paribas assumed coverage on Emerson Electric in a research note on Wednesday, November 13th. They issued an “outperform” rating and a $155.00 price objective on the stock. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Emerson Electric from $136.00 to $140.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. Stephens downgraded shares of Emerson Electric from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $135.00 to $120.00 in a research report on Wednesday, October 16th. UBS Group assumed coverage on Emerson Electric in a research note on Wednesday, November 13th. They issued a “neutral” rating and a $135.00 price target for the company. Finally, Wells Fargo & Company dropped their price objective on Emerson Electric from $145.00 to $140.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. One analyst has rated the stock with a sell rating, six have issued a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $136.45.

Emerson Electric Stock Down 2.3 %

Shares of NYSE:EMR opened at $124.81 on Thursday. The company has a 50-day moving average price of $126.78 and a 200 day moving average price of $116.66. 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 Co. has a 12 month low of $93.03 and a 12 month high of $134.85. The company has a market cap of $71.08 billion, a price-to-earnings ratio of 36.50, a PEG ratio of 2.22 and a beta of 1.34.

Emerson Electric (NYSE:EMR) last announced its earnings results on Wednesday, February 5th. The industrial products company reported $1.38 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.10. Emerson Electric had a return on equity of 11.73% and a net margin of 11.25%. As a group, equities research analysts predict that Emerson Electric Co. will post 5.91 earnings per share for the current year.

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.