Personal CFO Solutions LLC Has $456,000 Stock Holdings in Emerson Electric Co. (NYSE:EMR)

Personal CFO Solutions LLC trimmed its stake in Emerson Electric Co. (NYSE:EMR) by 41.4% in the fourth quarter, HoldingsChannel reports. The firm owned 3,677 shares of the industrial products company’s stock after selling 2,602 shares during the period. Personal CFO Solutions LLC’s holdings in Emerson Electric were worth $456,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of EMR. Capital Performance Advisors LLP acquired a new stake in Emerson Electric in the third quarter worth $25,000. Stephens Consulting LLC bought a new position in shares of Emerson Electric in the fourth quarter valued at $25,000. Sugar Maple Asset Management LLC bought a new position in shares of Emerson Electric in the fourth quarter valued at $27,000. Darwin Wealth Management LLC bought a new position in shares of Emerson Electric in the third quarter valued at $29,000. Finally, YANKCOM Partnership bought a new position in shares of Emerson Electric in the fourth quarter valued at $30,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Emerson Electric Price Performance

Shares of NYSE:EMR opened at $118.66 on Monday. The company has a 50 day moving average of $123.64 and a 200 day moving average of $118.73. The stock has a market cap of $66.91 billion, a P/E ratio of 28.32, a P/E/G ratio of 2.49 and a beta of 1.36. Emerson Electric Co. has a 12 month low of $96.62 and a 12 month 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.

Emerson Electric (NYSE:EMR) last announced its earnings results on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share (EPS) 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, sell-side analysts forecast that Emerson Electric Co. will post 5.96 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Friday, February 14th will be issued a dividend of $0.5275 per share. The ex-dividend date is Friday, February 14th. This represents a $2.11 dividend on an annualized basis and a yield of 1.78%. Emerson Electric’s dividend payout ratio is currently 50.36%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on EMR shares. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $138.00 price objective on shares of Emerson Electric in a research note on Thursday, February 6th. Morgan Stanley raised their price objective on shares of Emerson Electric from $105.00 to $112.00 and gave the company an “underweight” rating in a research note on Thursday, February 6th. KeyCorp raised their price objective on shares of Emerson Electric from $140.00 to $158.00 and gave the company an “overweight” rating in a research note on Monday, December 9th. Wells Fargo & Company raised their price target on shares of Emerson Electric from $140.00 to $142.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Emerson Electric from $137.00 to $135.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 15th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $137.67.

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.