DRW Securities LLC Sells 3,339 Shares of Emerson Electric Co. (NYSE:EMR)

DRW Securities LLC trimmed its position in Emerson Electric Co. (NYSE:EMR - Free Report) by 53.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,933 shares of the industrial products company's stock after selling 3,339 shares during the quarter. DRW Securities LLC's holdings in Emerson Electric were worth $363,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Stephens Consulting LLC purchased a new position in shares of Emerson Electric during the 4th quarter valued at approximately $25,000. Sugar Maple Asset Management LLC purchased a new stake in shares of Emerson Electric in the 4th quarter valued at approximately $27,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Emerson Electric in the fourth quarter valued at $28,000. YANKCOM Partnership acquired a new position in shares of Emerson Electric during the 4th quarter worth about $30,000. Finally, Fiduciary Advisors Inc. acquired a new position in Emerson Electric in the fourth quarter valued at $35,000. Institutional investors own 74.30% of the company's stock.

Emerson Electric Stock Performance

EMR traded down $0.93 on Wednesday, hitting $99.51. The company had a trading volume of 782,181 shares, compared to its average volume of 2,901,931. The company's fifty day moving average price is $113.15 and its 200 day moving average price is $119.23. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.54 and a quick ratio of 1.17. Emerson Electric Co. has a 1-year low of $90.06 and a 1-year high of $134.85. The stock has a market cap of $56.11 billion, a price-to-earnings ratio of 23.75, a price-to-earnings-growth ratio of 2.49 and a beta of 1.28.

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

Emerson Electric Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Friday, February 14th were issued a dividend of $0.5275 per share. This represents a $2.11 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date of this dividend was Friday, February 14th. Emerson Electric's dividend payout ratio is presently 50.36%.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Royal Bank of Canada reiterated an "outperform" rating and set a $138.00 target price on shares of Emerson Electric in a research report on Thursday, February 6th. Citigroup dropped their price target on Emerson Electric from $132.00 to $119.00 and set a "buy" rating for the company in a research report on Monday. JPMorgan Chase & Co. decreased their price target on shares of Emerson Electric from $135.00 to $110.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 8th. Morgan Stanley lifted their price target on Emerson Electric from $105.00 to $112.00 and gave the company an "underweight" rating in a report on Thursday, February 6th. Finally, Daiwa Capital Markets started coverage on shares of Emerson Electric in a research report on Tuesday, January 28th. They set an "outperform" rating and a $147.00 price target for the company. Two analysts have rated the stock with a sell rating, five have assigned a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $131.67.

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.