Emerson Electric Co.

(New York Stock Exchange)
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Somewhat Bullish +35

Elevation Point Wealth Partners LLC Purchases 20,084 Shares of Emerson ...

AI-generated analysis

πŸ“ˆ Elevation Point Wealth Partners LLC increased its Emerson Electric holdings by 540.8% in Q1, adding 20,084 shares.

πŸ’° The fund's total stake is valued at $3,118,000 as of the latest SEC filing.

🏦 Institutional ownership of Emerson Electric stands at 74.30% with multiple new stakes from hedge funds.

πŸ“Š Market cap is $77.89 billion with a P/E ratio of 32.12 and a beta of 1.25.

πŸ’΅ The company paid a $0.555 quarterly dividend, yielding 1.6% annually to shareholders.

πŸ“‰ Stock price is currently $139.06, trading below the 200-day moving average of $141.59.

πŸ›‘οΈ Financial health is supported by a low debt-to-equity ratio of 0.37 and current ratio of 0.87.

πŸ“ˆ BMO Capital Markets raised its price target to $157.00 with an outperform rating.

πŸ“‰ Wolfe Research lowered its price target to $169.00 while maintaining an outperform rating.

🎯 The consensus analyst target price is $163.32 based on a Moderate Buy average rating.

Bullish Signals
  • Elevation Point Wealth Partners LLC significantly increased its position by 540.8% in Q1, signaling strong institutional confidence.
  • BMO Capital Markets raised its price objective from $150.00 to $157.00 and upgraded the rating to outperform.
  • Royal Bank of Canada increased its price target to $169.00 and assigned an outperform rating.
  • The company maintains a healthy balance sheet with a debt-to-equity ratio of only 0.37.
  • Emerson Electric offers a consistent dividend yield of 1.6% with a sustainable payout ratio of 51.27%.
Risk Factors
  • DA Davidson initiated coverage with a neutral rating and set a lower target price of $145.00.
  • Wolfe Research decreased its price target from $176.00 to $169.00, indicating some near-term caution.
  • The stock is currently trading below its 200-day moving average of $141.59.
Full Analysis
Elevation Point Wealth Partners LLC significantly increased its position in Emerson Electric Co. (NYSE:EMR) by 540.8% in the first quarter, purchasing an additional 20,084 shares to hold a total of 23,798 shares valued at $3.118 million. This filing highlights growing institutional interest alongside other funds like Basso Capital Management and IFC & Insurance Marketing Inc., which established new stakes in the fourth quarter. Overall, institutional ownership stands at 74.30%. Emerson Electric Co. is trading with a market capitalization of $77.89 billion and a price-to-earnings ratio of 32.12. The stock recently paid a quarterly dividend of $0.555 per share, resulting in an annualized yield of 1.6% and a payout ratio of 51.27%. Technical indicators show the stock trading near its 50-day moving average of $140.97, while analyst consensus targets the price at $163.32 with a 'Moderate Buy' rating. Analyst sentiment remains mixed but generally positive regarding the company's long-term prospects. BMO Capital Markets raised its price objective to $157.00, and Royal Bank of Canada increased its target to $169.00 with an 'outperform' rating. Conversely, Wolfe Research lowered its target to $169.00, while DA Davidson initiated coverage with a neutral stance at $145.00. The company maintains a strong balance sheet with a debt-to-equity ratio of 0.37.