Duncker Streett & Co. Inc. Sells 500 Shares of Emerson Electric Co. (NYSE:EMR)

Duncker Streett & Co. Inc. lowered its stake in shares of Emerson Electric Co. (NYSE:EMR) by 3.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,218 shares of the industrial products company’s stock after selling 500 shares during the quarter. Duncker Streett & Co. Inc.’s holdings in Emerson Electric were worth $1,638,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Capital Performance Advisors LLP acquired a new position in shares of Emerson Electric during the third quarter valued at about $25,000. Stephens Consulting LLC acquired a new position in shares of Emerson Electric during the fourth quarter valued at about $25,000. Sugar Maple Asset Management LLC acquired a new position in shares of Emerson Electric during the fourth quarter valued at about $27,000. Darwin Wealth Management LLC acquired a new position in shares of Emerson Electric during the third quarter valued at about $29,000. Finally, YANKCOM Partnership acquired a new position in shares of Emerson Electric during the fourth quarter valued at about $30,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Emerson Electric Trading Up 1.4 %

Shares of NYSE:EMR opened at $121.62 on Friday. Emerson Electric Co. has a 1 year low of $96.62 and a 1 year high of $134.85. The firm has a market capitalization of $68.58 billion, a price-to-earnings ratio of 29.03, a price-to-earnings-growth ratio of 2.49 and a beta of 1.34. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.54 and a quick ratio of 1.17. The business’s 50 day moving average price is $124.57 and its 200-day moving average price is $118.18.

Emerson Electric (NYSE:EMR) last posted its quarterly earnings data 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%. On average, equities research analysts forecast that Emerson Electric Co. will post 5.96 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Friday, February 14th will be paid a $0.5275 dividend. This represents a $2.11 annualized dividend and a yield of 1.73%. The ex-dividend date is Friday, February 14th. Emerson Electric’s dividend payout ratio is currently 50.36%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on EMR. Wells Fargo & Company increased their price target on shares of Emerson Electric from $140.00 to $142.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. JPMorgan Chase & Co. cut their price target 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. Morgan Stanley increased their price target on shares of Emerson Electric from $105.00 to $112.00 and gave the stock an “underweight” rating in a report on Thursday, February 6th. Royal Bank of Canada reiterated an “outperform” rating and issued a $138.00 price target on shares of Emerson Electric in a report on Thursday, February 6th. Finally, Daiwa America upgraded shares of Emerson Electric to a “strong-buy” rating in a report on Tuesday, January 28th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Emerson Electric has a consensus rating of “Moderate Buy” and an average price target of $136.90.

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.