TrueWealth Advisors LLC Has $307,000 Stake in Emerson Electric Co. (NYSE:EMR)

TrueWealth Advisors LLC lowered its position in Emerson Electric Co. (NYSE:EMR - Free Report) by 55.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,477 shares of the industrial products company's stock after selling 3,101 shares during the quarter. TrueWealth Advisors LLC's holdings in Emerson Electric were worth $307,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Capital Performance Advisors LLP bought a new position in Emerson Electric during the third quarter worth about $25,000. Darwin Wealth Management LLC bought a new position in shares of Emerson Electric during the 3rd quarter worth approximately $29,000. Morton Brown Family Wealth LLC acquired a new stake in Emerson Electric in the 3rd quarter valued at $33,000. Frazier Financial Advisors LLC bought a new stake in Emerson Electric in the third quarter valued at $33,000. Finally, Catalyst Capital Advisors LLC acquired a new position in Emerson Electric during the third quarter worth $43,000. Institutional investors and hedge funds own 74.30% of the company's stock.

Insider Activity

In other news, SVP Michael H. Train sold 21,525 shares of the business's stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $125.96, for a total value of $2,711,289.00. Following the completion of the transaction, the senior vice president now owns 262,408 shares of the company's stock, valued at $33,052,911.68. The trade was a 7.58 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.50% of the stock is currently owned by company insiders.

Emerson Electric Trading Up 1.1 %

Shares of EMR stock traded up $1.36 during trading hours on Friday, reaching $124.65. The company had a trading volume of 4,240,144 shares, compared to its average volume of 2,513,903. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.77 and a quick ratio of 1.40. Emerson Electric Co. has a 1-year low of $91.64 and a 1-year high of $134.85. The company has a 50 day moving average of $127.05 and a 200 day moving average of $115.27. The firm has a market cap of $70.99 billion, a price-to-earnings ratio of 36.45, a P/E/G ratio of 1.98 and a beta of 1.35.

Emerson Electric Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Friday, November 15th were issued a dividend of $0.5275 per share. The ex-dividend date was Friday, November 15th. This represents a $2.11 dividend on an annualized basis and a yield of 1.69%. This is a boost from Emerson Electric's previous quarterly dividend of $0.53. Emerson Electric's dividend payout ratio (DPR) is 61.70%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on EMR shares. Wells Fargo & Company lowered their target price on shares of Emerson Electric from $145.00 to $140.00 and set an "overweight" rating on the stock in a report on Tuesday, January 7th. BNP Paribas assumed coverage on shares of Emerson Electric in a report on Wednesday, November 13th. They set an "outperform" rating and a $155.00 price objective for the company. Jefferies Financial Group assumed coverage on Emerson Electric in a report on Thursday, December 12th. They issued a "buy" rating and a $160.00 target price on the stock. UBS Group started coverage on Emerson Electric in a research report on Wednesday, November 13th. They issued a "neutral" rating and a $135.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Emerson Electric from $136.00 to $140.00 and gave the stock a "buy" rating in a report on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $135.89.

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.