Diversified Trust Co grew its position in shares of Emerson Electric Co. (NYSE:EMR) by 52.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,360 shares of the industrial products company’s stock after purchasing an additional 2,537 shares during the period. Diversified Trust Co’s holdings in Emerson Electric were worth $483,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the stock. Public Employees Retirement Association of Colorado lifted its stake in Emerson Electric by 6.3% in the first quarter. Public Employees Retirement Association of Colorado now owns 115,893 shares of the industrial products company’s stock worth $5,522,000 after purchasing an additional 6,832 shares during the last quarter. Meeder Asset Management Inc. raised its stake in shares of Emerson Electric by 1.4% during the first quarter. Meeder Asset Management Inc. now owns 14,779 shares of the industrial products company’s stock valued at $705,000 after acquiring an additional 197 shares in the last quarter. Squarepoint Ops LLC bought a new stake in shares of Emerson Electric during the first quarter valued at approximately $527,000. Engineers Gate Manager LP bought a new stake in shares of Emerson Electric during the first quarter valued at approximately $206,000. Finally, AQR Capital Management LLC raised its stake in shares of Emerson Electric by 81.2% during the first quarter. AQR Capital Management LLC now owns 552,684 shares of the industrial products company’s stock valued at $26,335,000 after acquiring an additional 247,590 shares in the last quarter. 72.37% of the stock is owned by hedge funds and other institutional investors.

NYSE EMR opened at $70.28 on Friday. The firm’s fifty day simple moving average is $67.87 and its two-hundred day simple moving average is $61.46. The company has a current ratio of 1.32, a quick ratio of 0.97 and a debt-to-equity ratio of 0.70. Emerson Electric Co. has a 12-month low of $37.75 and a 12-month high of $78.38. The firm has a market capitalization of $42.00 billion, a P/E ratio of 21.96, a P/E/G ratio of 2.63 and a beta of 1.50.

Emerson Electric (NYSE:EMR) last posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $0.80 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.61 by $0.19. Emerson Electric had a net margin of 11.39% and a return on equity of 26.12%. The business had revenue of $3.91 billion during the quarter, compared to the consensus estimate of $3.90 billion. During the same period in the previous year, the firm posted $0.94 earnings per share. The business’s revenue for the quarter was down 16.4% compared to the same quarter last year. As a group, sell-side analysts predict that Emerson Electric Co. will post 3.3 earnings per share for the current fiscal year.

EMR has been the subject of several research analyst reports. Cowen reaffirmed a “buy” rating on shares of Emerson Electric in a research note on Sunday, October 4th. JPMorgan Chase & Co. lifted their price objective on shares of Emerson Electric from $80.00 to $85.00 and gave the company an “overweight” rating in a report on Wednesday, October 7th. Stephens assumed coverage on shares of Emerson Electric in a report on Thursday. They set an “overweight” rating on the stock. Morgan Stanley lifted their price objective on shares of Emerson Electric from $54.00 to $59.00 and gave the company an “equal weight” rating in a report on Tuesday, June 30th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Emerson Electric from $66.00 to $72.00 and gave the company a “hold” rating in a report on Tuesday, October 13th. One analyst has rated the stock with a sell rating, ten have given a hold rating and eight have given a buy rating to the company’s stock. Emerson Electric currently has a consensus rating of “Hold” and an average target price of $67.81.

Emerson Electric Profile

Emerson Electric Co, a technology and engineering company, provides various solutions to industrial, commercial, and consumer markets worldwide. The company's Automation Solutions segment offers products and integrated solutions, including measurement and analytical instrumentation; valves, actuators, and regulators; industrial solutions; and process control systems and solutions.

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

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