Emerson Electric Co. (NYSE:EMR) Shares Sold by RS Crum Inc.

RS Crum Inc. decreased its holdings in Emerson Electric Co. (NYSE:EMR) by 0.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 17,759 shares of the industrial products company’s stock after selling 103 shares during the period. Emerson Electric makes up approximately 0.5% of RS Crum Inc.’s portfolio, making the stock its 21st biggest position. RS Crum Inc.’s holdings in Emerson Electric were worth $2,201,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB lifted 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 acquiring an additional 30,741 shares in the last quarter. Geode Capital Management LLC grew its stake in Emerson Electric by 1.4% during 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 stake in Emerson Electric by 130.0% during the 3rd quarter. Larson Financial Group LLC now owns 9,541 shares of the industrial products company’s stock worth $1,044,000 after buying an additional 5,393 shares during the last quarter. GHP Investment Advisors Inc. boosted its position in Emerson Electric by 8.3% during 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 period. Finally, Howland Capital Management LLC boosted its position in Emerson Electric by 13.0% during the 4th 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 during the period. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Emerson Electric Trading Up 2.7 %

EMR stock opened at $112.11 on Friday. The business has a fifty day moving average price of $122.37 and a 200 day moving average price of $118.85. Emerson Electric Co. has a fifty-two week low of $96.62 and a fifty-two week high of $134.85. The stock has a market capitalization of $63.22 billion, a price-to-earnings ratio of 26.76, a P/E/G ratio of 2.49 and a beta of 1.36. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.54 and a quick ratio of 1.17.

Emerson Electric (NYSE:EMR) last released its earnings results on Wednesday, February 5th. The industrial products company reported $1.38 EPS for the quarter, beating the consensus estimate of $1.28 by $0.10. Emerson Electric had a return on equity of 12.08% and a net margin of 13.74%. Analysts expect that Emerson Electric Co. will post 5.96 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Friday, February 14th were given a $0.5275 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.11 annualized dividend and a dividend yield of 1.88%. Emerson Electric’s dividend payout ratio is currently 50.36%.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Loop Capital upped their price objective on Emerson Electric from $130.00 to $155.00 and gave the company a “buy” rating in a report on Monday, December 2nd. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $138.00 target price on shares of Emerson Electric in a research report on Thursday, February 6th. Wells Fargo & Company upped their price target on Emerson Electric from $140.00 to $142.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Daiwa America upgraded Emerson Electric to a “strong-buy” rating in a research note on Tuesday, January 28th. Finally, Jefferies Financial Group initiated coverage on Emerson Electric in a research report on Thursday, December 12th. They issued a “buy” rating and a $160.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $136.28.

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.