First National Bank & Trust Co. of Newtown Sells 3,000 Shares of Emerson Electric Co. (NYSE:EMR)

First National Bank & Trust Co. of Newtown decreased its holdings in shares of Emerson Electric Co. (NYSE:EMR - Free Report) by 16.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 15,048 shares of the industrial products company's stock after selling 3,000 shares during the period. First National Bank & Trust Co. of Newtown's holdings in Emerson Electric were worth $1,865,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB raised its position in Emerson Electric by 120.1% during the third quarter. Wilmington Savings Fund Society FSB now owns 56,341 shares of the industrial products company's stock valued at $6,162,000 after purchasing an additional 30,741 shares in the last quarter. Geode Capital Management LLC lifted its position in Emerson Electric by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 11,453,075 shares of the industrial products company's stock worth $1,247,570,000 after buying an additional 162,985 shares during the last quarter. Larson Financial Group LLC grew its position in Emerson Electric by 130.0% during the third quarter. Larson Financial Group LLC now owns 9,541 shares of the industrial products company's stock valued at $1,044,000 after acquiring an additional 5,393 shares during the last quarter. GHP Investment Advisors Inc. lifted its holdings in shares of Emerson Electric by 8.3% in the 4th quarter. GHP Investment Advisors Inc. now owns 82,201 shares of the industrial products company's stock worth $10,187,000 after acquiring an additional 6,321 shares during the last quarter. Finally, Proactive Wealth Strategies LLC bought a new position in shares of Emerson Electric during the 3rd quarter valued at $443,000. 74.30% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently commented on EMR shares. Deutsche Bank Aktiengesellschaft lifted their price objective on Emerson Electric from $136.00 to $140.00 and gave the stock a "buy" rating in a report on Wednesday, November 6th. StockNews.com raised Emerson Electric from a "hold" rating to a "buy" rating in a research note on Friday, February 7th. JPMorgan Chase & Co. dropped their price objective on Emerson Electric from $137.00 to $135.00 and set a "neutral" rating for the company in a research note on Wednesday, January 15th. Morgan Stanley upped their price target on shares of Emerson Electric from $105.00 to $112.00 and gave the company an "underweight" rating in a report on Thursday, February 6th. Finally, Daiwa America raised shares of Emerson Electric to a "strong-buy" rating in a report on Tuesday, January 28th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $136.90.

Emerson Electric Stock Down 2.3 %

Emerson Electric stock traded down $2.87 on Friday, hitting $121.88. 2,334,273 shares of the stock traded hands, compared to its average volume of 2,856,196. Emerson Electric Co. has a 1 year low of $96.62 and a 1 year high of $134.85. The company has a current ratio of 1.54, a quick ratio of 1.17 and a debt-to-equity ratio of 0.25. The business's fifty day simple moving average is $125.25 and its 200 day simple moving average is $117.40. The firm has a market cap of $68.73 billion, a P/E ratio of 29.09, a price-to-earnings-growth ratio of 2.48 and a beta of 1.34.

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, beating analysts' consensus estimates of $1.28 by $0.10. Emerson Electric had a return on equity of 12.08% and a net margin of 13.74%. As a group, sell-side analysts forecast that Emerson Electric Co. will post 5.96 earnings per share for the current year.

Emerson Electric Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, February 14th will be issued a dividend of $0.5275 per share. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date of this dividend is Friday, February 14th. Emerson Electric's payout ratio is 50.36%.

Emerson Electric Company 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.