<div id="readability-page-1"><p>Assenagon Asset Management S.A. lessened its position in shares of  Emerson Electric Co. (NYSE:EMR - Free Report) by 76.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities &amp; Exchange Commission. The institutional investor  owned 56,940 shares of the industrial products company's stock after selling 188,051 shares during the quarter. Assenagon Asset Management S.A.'s holdings in Emerson Electric were worth $7,469,000 as of its most recent SEC filing.</p><ul><li>Don't Miss Out on These Top 3 Stocks for a September to Remember</li></ul><p>Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of  Emerson Electric by 1.3% during the second quarter. Vanguard Group Inc. now owns 54,129,898 shares of the industrial products company's stock worth $7,217,139,000 after purchasing an additional 695,105 shares in the last quarter.  State Street Corp grew its stake in  Emerson Electric by 3.0% during the 2nd quarter. State Street Corp now owns 27,053,019 shares of the industrial products company's stock worth $3,606,979,000 after buying an additional 784,987 shares during the last quarter.  JPMorgan Chase &amp; Co. increased its position in  Emerson Electric by 75.0% during the 2nd quarter. JPMorgan Chase &amp; Co. now owns 12,538,402 shares of the industrial products company's stock valued at $1,671,762,000 after buying an additional 5,371,585 shares in the last quarter.  Geode Capital Management LLC raised its stake in  Emerson Electric by 0.7% in the second quarter. Geode Capital Management LLC now owns 12,143,357 shares of the industrial products company's stock valued at $1,610,958,000 after buying an additional 89,192 shares during the last quarter.  Finally, Nordea Investment Management AB boosted its holdings in  Emerson Electric by 19.5% in the second quarter. Nordea Investment Management AB now owns 9,195,005 shares of the industrial products company's stock worth $1,223,947,000 after acquiring an additional 1,499,000 shares in the last quarter. 74.30% of the stock is currently owned by institutional investors and hedge funds. </p><div><p><span></span><span>Get <strong>Emerson Electric</strong> alerts:</span></p></div><h2>Analyst Ratings Changes</h2><p>Several equities analysts have recently issued reports on EMR shares. Evercore ISI initiated coverage on shares of Emerson Electric in a report on Monday, December 15th. They set an &#34;outperform&#34; rating and a $170.00 price objective on the stock. Barclays upped their price target on shares of Emerson Electric from $127.00 to $135.00 and gave the company an &#34;equal weight&#34; rating in a research note on Thursday, November 6th. Jefferies Financial Group  reissued a &#34;hold&#34; rating and set a $145.00 price objective on shares of Emerson Electric in a report on Wednesday, December 10th. Wells Fargo &amp; Company  restated an &#34;equal weight&#34; rating and issued a $140.00 target price (down previously from $150.00) on shares of Emerson Electric in a research note on Monday, October 6th. Finally, JPMorgan Chase &amp; Co. dropped their price target on Emerson Electric from $151.00 to $150.00 and set a &#34;neutral&#34; rating on the stock in a research note on Monday, November 10th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued  a Buy rating, six have assigned  a Hold rating and one  has assigned  a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $149.06.</p><ul><li>American Superconductor's Earnings Surge, Future Growth Expected</li></ul><p><b>Read Our Latest Stock Analysis on EMR</b></p><h2>Emerson Electric Stock Up 1.0%</h2><p>Shares of EMR opened at $132.96 on Friday. The stock's 50-day moving average price is $132.43 and its 200-day moving average price is $133.56. The company has a quick ratio of 0.65, a current ratio of 0.88 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $74.76 billion, a price-to-earnings ratio of 32.91, a PEG ratio of 2.17 and a beta of 1.26. Emerson Electric Co. has a 52 week low of $90.06 and a 52 week high of $150.27. </p><ul><li>Miso Robotics stock: Is an IPO coming soon?</li></ul><p>Emerson Electric (NYSE:EMR - Get Free Report) last announced its quarterly earnings results on Thursday, April 6th. The industrial products company reported $0.79 earnings per share (EPS) for the quarter. The company had revenue of $3.16 billion during the quarter. Emerson Electric had a return on equity of 15.87% and a net margin of 12.73%. On average, sell-side analysts predict that  Emerson Electric Co. will post 5.96 EPS for the current year. </p><h2>Emerson Electric Increases Dividend</h2><p>The company also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 14th were given a dividend of $0.555 per share. This is a boost from Emerson Electric's previous quarterly dividend of $0.53. This represents a $2.22 annualized dividend and a yield of 1.7%. The ex-dividend date was Friday, November 14th. Emerson Electric's dividend payout ratio (DPR) is 54.95%. </p><p>Emerson Electric declared that its Board of Directors has initiated a share repurchase program on Wednesday, November 5th that allows the company to buyback $0.00 in  outstanding  shares. This buyback authorization allows the industrial products company to reacquire shares of its stock through open market purchases. Stock  buyback programs are typically a sign that the company's management believes its stock is undervalued. </p><h2>Insider Buying and Selling at Emerson Electric</h2><p>In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of the company's stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $133.00, for a total value of $965,979.00. Following the completion of the transaction, the chief executive officer owned 196,292 shares in the company, valued at approximately $26,106,836. This represents a 3.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own  0.50% of the company's stock. </p><h2>Emerson Electric Company Profile</h2> (Free Report)<p>Emerson Electric Co is a global technology and engineering company that designs and manufactures products and provides services for industrial, commercial and consumer markets. Founded in 1890, the company is headquartered in St. Louis, Missouri, and has built a long-standing presence in automation, control and climate-related technologies. Emerson's offerings are aimed at improving productivity, energy efficiency and reliability for a wide range of end markets.  </p><p>Emerson operates through two principal platforms—Automation Solutions and Commercial &amp; Residential Solutions—providing process automation systems, measurement and analytical instrumentation, valves and actuators, control software, and related aftermarket services, alongside products for heating, ventilation and refrigeration, residential and commercial climate controls, tools and storage solutions.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Emerson Electric</li><li>How to Use the MarketBeat Stock Screener </li><li>These 3 Banks Are Rallying Into Year-End, But Will It Continue?</li><li>How to Invest in Tech Stocks and Top Tech Stocks to Consider</li><li>3 Surging Stocks Just Got the Ultimate Stamp of Approval From the S&amp;P 500</li><li>How to Profit From Value Investing </li><li>This ETF Caught a Major Tailwind After the Fed’s Rate Cut</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUVNUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUVNUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Emerson Electric Right Now?</h2><p>Before you consider Emerson Electric, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Emerson Electric wasn't on the list.</p><p>While Emerson Electric currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Assenagon Asset Management S.A. reduced its stake in Emerson Electric Co. by 76.8% in Q3, selling 188,051 shares. The firm now holds 56,940 shares worth $7.47 million. Other institutional investors like Vanguard, State Street, and JPMorgan also adjusted their positions in Emerson Electric. The stock has a consensus rating of 'Moderate Buy' with an average price target of $149.06.</p>

Assenagon Asset Management S.A. Sells 188,051 Shares of Emerson Electric Co. $EMR