Emerson Electric Co. (NYSE:EMR) Shares Sold by First Trust Advisors LP

First Trust Advisors LP reduced its stake in Emerson Electric Co. (NYSE:EMR - Free Report) by 8.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 555,395 shares of the industrial products company's stock after selling 48,364 shares during the quarter. First Trust Advisors LP owned 0.10% of Emerson Electric worth $68,830,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Wilmington Savings Fund Society FSB raised its position in Emerson Electric by 120.1% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 56,341 shares of the industrial products company's stock worth $6,162,000 after buying an additional 30,741 shares during the last quarter. Stokes Family Office LLC raised its stake in shares of Emerson Electric by 94.8% during the 4th quarter. Stokes Family Office LLC now owns 9,206 shares of the industrial products company's stock worth $1,141,000 after buying an additional 4,480 shares in 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 valued at $10,187,000 after buying an additional 6,321 shares during the period. World Investment Advisors grew its holdings in Emerson Electric by 41.2% during the fourth quarter. World Investment Advisors now owns 20,823 shares of the industrial products company's stock worth $2,581,000 after acquiring an additional 6,079 shares during the period. Finally, Howland Capital Management LLC raised its position in Emerson Electric by 13.0% in the fourth quarter. Howland Capital Management LLC now owns 26,494 shares of the industrial products company's stock worth $3,283,000 after acquiring an additional 3,054 shares in the last quarter. Institutional investors and hedge funds own 74.30% of the company's stock.

Emerson Electric Trading Up 3.9 %

Emerson Electric stock traded up $3.97 during trading on Thursday, reaching $105.04. The company had a trading volume of 2,762,639 shares, compared to its average volume of 2,932,593. The firm has a market capitalization of $59.23 billion, a price-to-earnings ratio of 25.07, a PEG ratio of 2.49 and a beta of 1.28. 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 stock's 50 day moving average price is $109.67 and its two-hundred day moving average price is $118.66. Emerson Electric Co. has a 12-month low of $90.06 and a 12-month high of $134.85.

Emerson Electric (NYSE:EMR - Get Free Report) last issued its earnings results on Wednesday, February 5th. The industrial products company reported $1.38 EPS 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%. As a group, equities analysts expect that Emerson Electric Co. will post 5.96 earnings per share for the current fiscal year.

Emerson Electric Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Friday, February 14th were issued a $0.5275 dividend. This represents a $2.11 dividend on an annualized basis and a yield of 2.01%. The ex-dividend date was Friday, February 14th. Emerson Electric's dividend payout ratio is presently 50.36%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Morgan Stanley increased 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. Citigroup dropped their target price on shares of Emerson Electric from $132.00 to $119.00 and set a "buy" rating for the company in a report on Monday, April 14th. Royal Bank of Canada reissued an "outperform" rating and set a $138.00 price target on shares of Emerson Electric in a research note on Thursday, February 6th. Daiwa America raised Emerson Electric to a "strong-buy" rating in a report on Tuesday, January 28th. Finally, JPMorgan Chase & Co. lowered their target price on Emerson Electric from $135.00 to $110.00 and set a "neutral" rating on the stock in a report on Tuesday, April 8th. Two analysts have rated the stock with a sell rating, four have issued a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus 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.