Compass Capital Management Inc. Takes $223,000 Position in Emerson Electric Co. (NYSE:EMR)

Compass Capital Management Inc. acquired a new stake in Emerson Electric Co. (NYSE:EMR) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,800 shares of the industrial products company’s stock, valued at approximately $223,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Wilmington Savings Fund Society FSB increased its position in shares of Emerson Electric by 120.1% during the third quarter. Wilmington Savings Fund Society FSB now owns 56,341 shares of the industrial products company’s stock worth $6,162,000 after purchasing an additional 30,741 shares in the last quarter. Geode Capital Management LLC boosted its stake in Emerson Electric by 1.4% during the third quarter. Geode Capital Management LLC now owns 11,453,075 shares of the industrial products company’s stock worth $1,247,570,000 after buying an additional 162,985 shares during the last quarter. Dynamic Advisor Solutions LLC boosted its stake in Emerson Electric by 8.5% during the third quarter. Dynamic Advisor Solutions LLC now owns 69,285 shares of the industrial products company’s stock worth $7,578,000 after buying an additional 5,416 shares during the last quarter. Larson Financial Group LLC boosted its stake in Emerson Electric by 130.0% during the third quarter. Larson Financial Group LLC now owns 9,541 shares of the industrial products company’s stock worth $1,044,000 after buying an additional 5,393 shares during the last quarter. Finally, V Square Quantitative Management LLC boosted its stake in Emerson Electric by 82.0% during the third quarter. V Square Quantitative Management LLC now owns 3,977 shares of the industrial products company’s stock worth $435,000 after buying an additional 1,792 shares during the last quarter. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Loop Capital boosted their price objective on Emerson Electric from $130.00 to $155.00 and gave the stock a “buy” rating in a research note on Monday, December 2nd. Robert W. Baird upped their price target on Emerson Electric from $117.00 to $118.00 and gave the company a “neutral” rating in a research note on Monday, November 4th. Deutsche Bank Aktiengesellschaft upped their price target on Emerson Electric from $136.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. 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 on the stock. Finally, 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 target on the stock. One analyst has rated the stock with a sell rating, six have given a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $136.45.

Emerson Electric Price Performance

Shares of NYSE EMR opened at $127.94 on Tuesday. Emerson Electric Co. has a 1-year low of $92.16 and a 1-year high of $134.85. The company has a market cap of $72.87 billion, a price-to-earnings ratio of 37.41, a price-to-earnings-growth ratio of 2.22 and a beta of 1.34. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.77 and a quick ratio of 1.40. The stock’s 50-day moving average is $127.13 and its two-hundred day moving average is $116.44.

Insider Activity

In other news, SVP Michael H. Train sold 21,525 shares of the stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $125.96, for a total value of $2,711,289.00. Following the transaction, the senior vice president now owns 262,408 shares in the company, valued at approximately $33,052,911.68. This represents a 7.58 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.50% of the company’s stock.

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.