Compass Wealth Management LLC Reduces Position in Emerson Electric Co. (NYSE:EMR)

Compass Wealth Management LLC lowered its position in Emerson Electric Co. (NYSE:EMR) by 4.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 15,500 shares of the industrial products company’s stock after selling 710 shares during the period. Compass Wealth Management LLC’s holdings in Emerson Electric were worth $1,921,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of EMR. Sugar Maple Asset Management LLC acquired a new position in Emerson Electric in the 4th quarter valued at about $27,000. Capital Performance Advisors LLP purchased a new position in shares of Emerson Electric during the 3rd quarter worth approximately $25,000. Darwin Wealth Management LLC acquired a new stake in shares of Emerson Electric in the 3rd quarter valued at approximately $29,000. Frazier Financial Advisors LLC purchased a new stake in shares of Emerson Electric in the third quarter valued at approximately $33,000. Finally, Morton Brown Family Wealth LLC acquired a new position in Emerson Electric during the third quarter worth $33,000. 74.30% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on EMR shares. Barclays boosted their price target on Emerson Electric from $116.00 to $135.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 5th. BNP Paribas initiated coverage on Emerson Electric in a research report on Wednesday, November 13th. They set an “outperform” rating and a $155.00 price objective for the company. JPMorgan Chase & Co. reduced their target price on shares of Emerson Electric from $137.00 to $135.00 and set a “neutral” rating on the stock in a report on Wednesday, January 15th. StockNews.com lowered shares of Emerson Electric from a “buy” rating to a “hold” rating in a research report on Wednesday, January 1st. Finally, Stephens lowered shares of Emerson Electric from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $135.00 to $120.00 in a research report on Wednesday, October 16th. One analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Emerson Electric has an average rating of “Moderate Buy” and an average target price of $135.89.

Insider Activity at Emerson Electric

In other news, SVP Michael H. Train sold 21,525 shares of Emerson Electric stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $125.96, for a total transaction of $2,711,289.00. Following the sale, the senior vice president now owns 262,408 shares in the company, valued at $33,052,911.68. This trade represents a 7.58 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.50% of the company’s stock.

Emerson Electric Trading Down 0.4 %

Shares of EMR stock opened at $130.62 on Friday. Emerson Electric Co. has a fifty-two week low of $91.64 and a fifty-two week high of $134.85. The firm’s 50 day moving average price is $127.10 and its two-hundred day moving average price is $115.91. The stock has a market cap of $74.39 billion, a price-to-earnings ratio of 38.19, a price-to-earnings-growth ratio of 2.22 and a beta of 1.35. The company has a quick ratio of 1.40, a current ratio of 1.77 and a debt-to-equity ratio of 0.26.

Emerson Electric Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Friday, November 15th were issued a $0.5275 dividend. This is an increase from Emerson Electric’s previous quarterly dividend of $0.53. This represents a $2.11 annualized dividend and a yield of 1.62%. The ex-dividend date of this dividend was Friday, November 15th. Emerson Electric’s dividend payout ratio is currently 61.70%.

About Emerson Electric

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.