Emerson Electric Co. (NYSE:EMR) Shares Sold by Strategy Asset Managers LLC

Strategy Asset Managers LLC decreased its position in shares of Emerson Electric Co. (NYSE:EMR) by 0.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 88,371 shares of the industrial products company’s stock after selling 218 shares during the period. Emerson Electric comprises 2.1% of Strategy Asset Managers LLC’s holdings, making the stock its 9th largest holding. Strategy Asset Managers LLC’s holdings in Emerson Electric were worth $10,952,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. GDS Wealth Management increased its stake in shares of Emerson Electric by 2.0% in the 4th quarter. GDS Wealth Management now owns 3,965 shares of the industrial products company’s stock valued at $491,000 after purchasing an additional 79 shares during the last quarter. Mcdonald Partners LLC grew its position in Emerson Electric by 0.6% in the fourth quarter. Mcdonald Partners LLC now owns 14,207 shares of the industrial products company’s stock valued at $1,761,000 after acquiring an additional 81 shares during the last quarter. Berkshire Bank raised its stake in Emerson Electric by 3.6% during the fourth quarter. Berkshire Bank now owns 2,588 shares of the industrial products company’s stock worth $321,000 after acquiring an additional 89 shares in the last quarter. Little House Capital LLC lifted its holdings in shares of Emerson Electric by 0.5% in the fourth quarter. Little House Capital LLC now owns 17,009 shares of the industrial products company’s stock worth $2,108,000 after acquiring an additional 89 shares during the last quarter. Finally, Grove Bank & Trust boosted its stake in shares of Emerson Electric by 5.4% in the 4th quarter. Grove Bank & Trust now owns 1,749 shares of the industrial products company’s stock valued at $217,000 after purchasing an additional 90 shares in the last quarter. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Emerson Electric Stock Down 3.1 %

EMR opened at $108.56 on Friday. 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 firm has a market capitalization of $61.22 billion, a P/E ratio of 25.91, a PEG ratio of 2.49 and a beta of 1.36. Emerson Electric Co. has a fifty-two week low of $96.62 and a fifty-two week high of $134.85. The company’s 50-day moving average is $120.75 and its 200 day moving average is $119.47.

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

Emerson Electric Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Friday, February 14th were given a dividend of $0.5275 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.94%. Emerson Electric’s dividend payout ratio is presently 50.36%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Jefferies Financial Group started coverage on shares of Emerson Electric in a research report on Thursday, December 12th. They set a “buy” rating and a $160.00 price objective for the company. StockNews.com downgraded Emerson Electric from a “buy” rating to a “hold” rating in a report on Monday, March 10th. Barclays lowered their target price on shares of Emerson Electric from $110.00 to $105.00 and set an “underweight” rating for the company in a research note on Wednesday. Morgan Stanley lifted their target price on Emerson Electric from $105.00 to $112.00 and gave the stock an “underweight” rating in a report on Thursday, February 6th. Finally, Wells Fargo & Company boosted their target price on shares of Emerson Electric from $140.00 to $142.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Two 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 assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $135.94.

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.