Childress Capital Advisors LLC Has $231,000 Stock Position in Emerson Electric Co. (NYSE:EMR)

Childress Capital Advisors LLC trimmed its holdings in Emerson Electric Co. (NYSE:EMR) by 14.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,868 shares of the industrial products company’s stock after selling 327 shares during the quarter. Childress Capital Advisors LLC’s holdings in Emerson Electric were worth $231,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of EMR. Czech National Bank lifted its stake in shares of Emerson Electric by 7.0% in the third quarter. Czech National Bank now owns 116,665 shares of the industrial products company’s stock valued at $12,760,000 after buying an additional 7,646 shares during the period. GAMMA Investing LLC lifted its position in shares of Emerson Electric by 35.0% in the 3rd quarter. GAMMA Investing LLC now owns 7,705 shares of the industrial products company’s stock worth $843,000 after acquiring an additional 1,997 shares during the period. Diversified Trust Co increased its position in shares of Emerson Electric by 11.1% during the third quarter. Diversified Trust Co now owns 25,212 shares of the industrial products company’s stock valued at $2,757,000 after purchasing an additional 2,518 shares during the period. Fulton Bank N.A. raised its stake in shares of Emerson Electric by 16.0% in the third quarter. Fulton Bank N.A. now owns 6,797 shares of the industrial products company’s stock valued at $743,000 after purchasing an additional 935 shares in the last quarter. Finally, Versant Capital Management Inc boosted its stake in Emerson Electric by 581.3% during the third quarter. Versant Capital Management Inc now owns 2,221 shares of the industrial products company’s stock worth $243,000 after buying an additional 1,895 shares in the last quarter. Institutional investors own 74.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on EMR shares. Royal Bank of Canada dropped their price objective on shares of Emerson Electric from $139.00 to $138.00 and set an “outperform” rating for the company in a research note on Wednesday, November 6th. Barclays raised their price target on shares of Emerson Electric from $116.00 to $135.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 5th. Robert W. Baird increased their target price on Emerson Electric from $117.00 to $118.00 and gave the stock a “neutral” rating in a report on Monday, November 4th. Loop Capital boosted their price target on Emerson Electric from $130.00 to $155.00 and gave the company a “buy” rating in a research note on Monday, December 2nd. Finally, Jefferies Financial Group initiated coverage on Emerson Electric in a research note on Thursday, December 12th. They set a “buy” rating and a $160.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $136.45.

Emerson Electric Stock Up 0.1 %

NYSE EMR opened at $127.92 on Wednesday. The stock has a market capitalization of $72.85 billion, a P/E ratio of 37.40, a price-to-earnings-growth ratio of 2.22 and a beta of 1.34. Emerson Electric Co. has a 52 week low of $92.16 and a 52 week high of $134.85. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.40 and a current ratio of 1.77. The stock has a fifty day moving average of $127.04 and a 200-day moving average of $116.52.

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.