According to the most recent report that Rockefeller Capital Management L.P. submitted to the Securities and Exchange Commission, during the third quarter of 2018, the investment firm increased the size of its holdings in Emerson Electric Co. (NYSE: EMR) by 48.2%. The institutional investor increased their holdings in the industrial products company during the quarter by purchasing an additional 234,024 shares, bringing their total number of shares owned in the company to 719,382. Rockefeller Capital Management L.P. held 0.12% of Emerson Electric at the end of the most recent reporting period when the value of the company’s stock on the market was $52,671,000.
Other significant investors in the company have recently made changes to the proportion of ownership that they hold in the company. Tradition Wealth Management LLC increased the amount of Emerson Electric stock owned by 4.2% during the year’s second quarter. Following the purchase of 119 additional shares during the most recent quarter, Tradition Wealth Management LLC now holds a total of 2,972 shares of the stock of the industrial products company. The current market value of these shares places the company’s stock at $236,000. Carmichael Hill & Associates Inc. increased the amount of Emerson Electric stock owned by 11.6% during the second quarter of the fiscal year. Carmichael Hill & Associates Inc. has a total of 1,172 shares of the industrial products company’s stock after purchasing an additional 122 shares of the company’s stock during the most recent quarter. Based on the stock’s current price, Carmichael Hill & Associates Inc.’s investment is worth $93,000. Through the course of the second quarter, McDonald Partners LLC managed to achieve a 0.9% increase in the proportion of Emerson Electric stock that it owned. Following the acquisition of 124 additional shares during the most recent quarter, McDonald Partners LLC now holds a total of 14,408 shares of the stock of the industrial goods company, which has a current market value of $1,146,000. During the second quarter, Mill Capital Management LLC brought the total amount of Emerson Electric stock it owned to 0.9% higher than before. Following the acquisition of an additional 125 shares during the most recent fiscal quarter, Mill Capital Management LLC now holds 14,702 shares of the stock held by the industrial products company. The value of these shares as of the most recent closing price is $1,169,000. And finally, during the third quarter, Joel Isaacson & Co. LLC increased the proportion of Emerson Electric shares that it owned by 1.8%. Because of the purchase of 125 additional shares in the industrial products sector during the most recent fiscal quarter, Joel Isaacson & Co. LLC now has a total of 7,144 shares in this market sector. The total value of the company’s stock holdings is now $523,000 after adding these shares, which have a value of $523,000 each. At the moment, institutions hold ownership of 71.64% of the company’s common stock.
According to additional reports, Vice President Sara Yang Bosco sold 10,977 Emerson Electric stock on Tuesday, November 8. This information comes from previously published reports. The shares were sold for a total of 1,003,334.01 dollars, which works out to a price of $91.13 per share when averaged across all of the shares. Following the successful transaction completion, the vice president now has direct ownership of 118,205 shares of the company, which have an approximate value of $10,772,021.65. If you go to the website of the SEC, you should be able to find a legal file there that details the transaction in greater detail. According to reports from other sources regarding the company, Vice President Sara Yang Bosco sold 10,977 Emerson Electric Company stock on Tuesday, November 8. The company provided this information. The shares were sold for a total of 1,003,334.01 dollars, which works out to a price of $91.13 per share when averaged across all of the shares. As a result of the successful completion of the transaction, the vice president now owns 118,205 company shares, which have a combined value of $10,772,021.65. If you follow the link, which takes you to a document submitted to the SEC, you can acquire additional information regarding the transaction. In addition, on Monday, November 7, Chief Financial Officer Frank J. Dellaquila sold 4,617 shares of the company’s stock. The price paid for each share of the stock that was sold ranged from $91.40 to $91.40 on average, and the total value of the sold shares was $421,993.80. The company’s chief financial officer is the owner of 354,858 shares of the company’s stock, which together have a value of approximately $32,434,021.20 at the current market price. In this section, you might find the disclosure related to the sale, which states that company insiders now own 0.33% of the company’s stock.
The first day of trading for EMR took place on Wednesday, and the opening price was $91.24. The current price of $72.40 represents the 12-month low for Emerson Electric Co., while the current price of $100.00 represents the 12-month high. The price-to-earnings ratio of the stock is 16.87; the price-to-growth ratio of the stock is 2.85; and the stock has a beta value of 1.41. The company currently has a market capitalization of $53.96 billion. The moving average of the company’s stock price over the past 50 days is $95.62, and the moving average over the last 200 days is $87.40. The debt-to-equity ratio was calculated to be 0.51, the quick ratio was calculated to be 0.81, and the current ratio was calculated to be 1.09.
The most recent quarterly earnings report for Emerson Electric, which is traded on the New York Stock Exchange under the ticker symbol EMR, was made public on October 31. The company that produces industrial goods reported that its earnings per share for the quarter came in at $1.53, which was $0.14 higher than the average projection of $1.39. The total revenue collected by the company during the quarter was $5.36 billion, which is higher than the $5.33 billion forecast for the company’s revenue generation during the quarter. Emerson Electric had a return on equity of 23.43 percent, and the net margin for the company was 16.46 percent. Compared to the previous year’s period, the quarterly revenue showed an increase of 8.3%. The company’s results for the same quarter the year before showed a profit of $1.21 per share, which was significantly higher than the previous year. According to analysts who specialize in equity analysis, Emerson Electric Co. is expected to generate earnings of $4.08 per share this year.
In addition, the company had recently announced a quarterly dividend, which, once it had been paid out, was distributed on December 9. On Friday, November 11, dividend payments were sent out to stockholders whose information was already on file had been paid out was distributed on December 9. On Friday, November 11, dividend payments were sent out to stockholders whose information was already on file. The amount of each dividend payment was $0.52 per share. Compared to the previous dividend amount of $0.52 that was distributed quarterly by Emerson Electric, this amount represents an increase. This translates to a yield of 2.28% and a dividend payment of $2.08 yearly for every shareholder. November 9 saw the distribution of a dividend to the company’s shareholders. It has been determined that Emerson Electric’s dividend payout ratio, also known as the DPR, is 38.45%.
Several different research companies have reported on electromagnetic radiation that was just recently published. Wells Fargo & Company increased their price target for Emerson Electric from $90.00 to $95.00 and upgraded the company from an “equal weight” rating to an “overweight” rating in a research report that was made public on November 30. Morgan Stanley raised their price target for Emerson Electric from $90.00 to $92.00 in a research note published on November 3. They also assigned an “equal weight” rating to the company’s stock. In a research note published on November 16, Oppenheimer upgraded their rating for Emerson Electric to “outperform” and increased their price objective for the company from $105.00 to $115.00. On Monday, October 3, Barclays released a research note in which they decreased their price objective on Emerson Electric from $82.00 to $80.00 and rated the stock as “equal weight.”
Additionally, Barclays assigned the stock an “equal weight” rating. Finally, in a research note that was published on November 1, Deutsche Bank Aktiengesellschaft decreased their price target on Emerson Electric from $97.00 to $96.00 and downgraded the company from a “buy” rating to a “hold” rating. Both of these actions were taken about Emerson Electric. A total of eleven market analysts have weighed in on the company, with four of them recommending a purchase and nine others recommending a hold. According to the data made available by Bloomberg, the stock has been assigned the rating of “Hold,” and market analysts have projected that the stock will reach an average price of $98.77 within the next year.