Personal CFO Solutions LLC decreased its position in Emerson Electric Co. (NYSE:EMR - Free Report) by 41.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,677 shares of the industrial products company's stock after selling 2,602 shares during the quarter. Personal CFO Solutions LLC's holdings in Emerson Electric were worth $456,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in the company. Stephens Consulting LLC bought a new position in shares of Emerson Electric during the fourth quarter valued at $25,000. Sugar Maple Asset Management LLC bought a new position in shares of Emerson Electric during the fourth quarter valued at $27,000. Capital Performance Advisors LLP bought a new position in shares of Emerson Electric during the third quarter valued at $25,000. YANKCOM Partnership bought a new position in shares of Emerson Electric during the fourth quarter valued at $30,000. Finally, Darwin Wealth Management LLC purchased a new stake in shares of Emerson Electric during the third quarter valued at $29,000. Institutional investors own 74.30% of the company's stock.
Wall Street Analyst Weigh In
Several research firms recently commented on EMR. JPMorgan Chase & Co. dropped their price objective on Emerson Electric from $137.00 to $135.00 and set a "neutral" rating on the stock in a research report on Wednesday, January 15th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $138.00 price objective on shares of Emerson Electric in a research report on Thursday, February 6th. KeyCorp increased their price objective on Emerson Electric from $140.00 to $158.00 and gave the company an "overweight" rating in a research report on Monday, December 9th. UBS Group started coverage on Emerson Electric in a research report on Wednesday, November 13th. They issued a "neutral" rating and a $135.00 target price on the stock. Finally, Daiwa Capital Markets started coverage on Emerson Electric in a research report on Tuesday, January 28th. They issued an "outperform" rating and a $147.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, Emerson Electric presently has a consensus rating of "Moderate Buy" and a consensus target price of $136.28.
Check Out Our Latest Stock Report on Emerson Electric
Emerson Electric Price Performance
EMR stock traded down $6.89 during trading on Monday, hitting $111.73. 5,154,692 shares of the company's stock traded hands, compared to its average volume of 2,933,377. Emerson Electric Co. has a 52 week low of $96.62 and a 52 week high of $134.85. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.17 and a current ratio of 1.54. The business has a fifty day simple moving average of $123.39 and a 200 day simple moving average of $118.78. The stock has a market capitalization of $63.00 billion, a price-to-earnings ratio of 26.66, a P/E/G ratio of 2.49 and a beta of 1.36.
Emerson Electric (NYSE:EMR - Get Free Report) last announced its earnings results on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share for the quarter, beating 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%. As a group, research analysts expect that Emerson Electric Co. will post 5.96 EPS for the current fiscal year.
Emerson Electric Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, February 14th will be paid a $0.5275 dividend. This represents a $2.11 annualized dividend and a dividend yield of 1.89%. The ex-dividend date is Friday, February 14th. Emerson Electric's dividend payout ratio is currently 50.36%.
Emerson Electric Company Profile
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Free Report)
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.
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