Cantor Fitzgerald Investment Advisors L.P. Has $23.68 Million Position in Emerson Electric Co. (NYSE:EMR)

Cantor Fitzgerald Investment Advisors L.P. raised its stake in Emerson Electric Co. (NYSE:EMR) by 0.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 191,057 shares of the industrial products company’s stock after purchasing an additional 1,372 shares during the period. Emerson Electric accounts for approximately 1.6% of Cantor Fitzgerald Investment Advisors L.P.’s investment portfolio, making the stock its 13th biggest position. Cantor Fitzgerald Investment Advisors L.P.’s holdings in Emerson Electric were worth $23,678,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of EMR. Stephens Consulting LLC acquired a new stake in shares of Emerson Electric during the fourth quarter worth $25,000. Sugar Maple Asset Management LLC bought a new position in Emerson Electric during the fourth quarter worth about $27,000. Capital Performance Advisors LLP bought a new stake in Emerson Electric in the 3rd quarter valued at about $25,000. YANKCOM Partnership bought a new position in shares of Emerson Electric during the fourth quarter worth approximately $30,000. Finally, Darwin Wealth Management LLC acquired a new stake in shares of Emerson Electric in the third quarter valued at approximately $29,000. 74.30% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have commented on EMR shares. JPMorgan Chase & Co. lowered their price objective on Emerson Electric from $137.00 to $135.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 15th. StockNews.com raised Emerson Electric from a “hold” rating to a “buy” rating in a research note on Friday. Daiwa Capital Markets initiated coverage on shares of Emerson Electric in a research note on Tuesday, January 28th. They set an “outperform” rating and a $147.00 price objective on the stock. Wells Fargo & Company upped their price target on shares of Emerson Electric from $140.00 to $142.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Emerson Electric from $136.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $136.90.

Emerson Electric Trading Down 2.4 %

EMR opened at $124.37 on Friday. The company’s 50 day moving average price is $126.68 and its two-hundred day moving average price is $116.74. The firm has a market capitalization of $70.83 billion, a price-to-earnings ratio of 36.37, a PEG ratio of 2.22 and a beta of 1.34. Emerson Electric Co. has a fifty-two week low of $96.62 and a fifty-two week high of $134.85. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.77 and a quick ratio of 1.40.

Emerson Electric (NYSE:EMR) last posted its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share for the quarter, beating 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, research analysts predict that Emerson Electric Co. will post 5.91 earnings per share for the current year.

Emerson Electric Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, February 14th will be given a $0.5275 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.70%. Emerson Electric’s dividend payout ratio (DPR) is currently 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.