First National Trust Co Lowers Holdings in Emerson Electric Co. (NYSE:EMR)

First National Trust Co lessened its stake in Emerson Electric Co. (NYSE:EMR) by 1.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,849 shares of the industrial products company’s stock after selling 296 shares during the quarter. First National Trust Co’s holdings in Emerson Electric were worth $2,584,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of EMR. Stephens Consulting LLC purchased a new position in shares of Emerson Electric in the 4th quarter worth about $25,000. Sugar Maple Asset Management LLC purchased a new position in shares of Emerson Electric in the 4th quarter worth about $27,000. Darwin Wealth Management LLC purchased a new position in Emerson Electric in the 3rd quarter worth about $29,000. YANKCOM Partnership purchased a new position in Emerson Electric in the 4th quarter worth about $30,000. Finally, Frazier Financial Advisors LLC purchased a new position in Emerson Electric in the 3rd quarter worth about $33,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on EMR. Morgan Stanley boosted their target price on Emerson Electric from $105.00 to $112.00 and gave the stock an “underweight” rating in a research report on Thursday, February 6th. KeyCorp boosted their target price on Emerson Electric from $140.00 to $158.00 and gave the stock an “overweight” rating in a research report on Monday, December 9th. StockNews.com lowered Emerson Electric from a “buy” rating to a “hold” rating in a research report on Monday, March 10th. Daiwa Capital Markets began coverage on Emerson Electric in a research report on Tuesday, January 28th. They issued an “outperform” rating and a $147.00 target price for the company. Finally, Daiwa America upgraded Emerson Electric to a “strong-buy” rating in a research note on Tuesday, January 28th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $136.28.

Emerson Electric Trading Up 2.7 %

EMR stock opened at $112.11 on Friday. Emerson Electric Co. has a 1-year low of $96.62 and a 1-year high of $134.85. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.54 and a quick ratio of 1.17. The company has a market capitalization of $63.22 billion, a price-to-earnings ratio of 26.76, a PEG ratio of 2.49 and a beta of 1.36. The business has a 50 day simple moving average of $122.37 and a two-hundred day simple moving average of $118.75.

Emerson Electric (NYSE:EMR) last posted its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.10. Emerson Electric had a return on equity of 12.08% and a net margin of 13.74%. Research analysts anticipate that Emerson Electric Co. will post 5.96 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Friday, February 14th were paid a $0.5275 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.11 annualized dividend and a yield of 1.88%. Emerson Electric’s payout ratio is 50.36%.

Emerson Electric Profile

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.