Emerson Electric Co. (NYSE:EMR) Position Trimmed by WMG Financial Advisors LLC

WMG Financial Advisors LLC trimmed its holdings in shares of Emerson Electric Co. (NYSE:EMR) by 3.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,105 shares of the industrial products company’s stock after selling 101 shares during the quarter. WMG Financial Advisors LLC’s holdings in Emerson Electric were worth $385,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB boosted its stake in Emerson Electric by 120.1% in 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 purchasing an additional 30,741 shares during the period. Geode Capital Management LLC boosted its stake in Emerson Electric by 1.4% in 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 purchasing an additional 162,985 shares during the period. Larson Financial Group LLC boosted its stake in Emerson Electric by 130.0% in the 3rd quarter. Larson Financial Group LLC now owns 9,541 shares of the industrial products company’s stock worth $1,044,000 after purchasing an additional 5,393 shares during the period. GHP Investment Advisors Inc. boosted its stake in Emerson Electric by 8.3% in the 4th quarter. GHP Investment Advisors Inc. now owns 82,201 shares of the industrial products company’s stock worth $10,187,000 after purchasing an additional 6,321 shares during the period. Finally, Proactive Wealth Strategies LLC acquired a new position in Emerson Electric in the 3rd quarter worth approximately $443,000. 74.30% of the stock is currently owned by institutional investors.

Emerson Electric Stock Down 3.8 %

Emerson Electric stock opened at $116.95 on Tuesday. The company has a market capitalization of $65.95 billion, a P/E ratio of 27.91, a P/E/G ratio of 2.49 and a beta of 1.34. The firm’s fifty day simple moving average is $124.44 and its 200-day simple moving average is $118.37. 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 Co. has a 1-year low of $96.62 and a 1-year high of $134.85.

Emerson Electric (NYSE:EMR) last posted its earnings results on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.10. Emerson Electric had a net margin of 13.74% and a return on equity of 12.08%. Sell-side analysts forecast that Emerson Electric Co. will post 5.96 earnings per share for the current fiscal year.

Emerson Electric Announces Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Friday, February 14th. This represents a $2.11 dividend on an annualized basis and a yield of 1.80%. Emerson Electric’s payout ratio is presently 50.36%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on EMR shares. Wells Fargo & Company raised their price objective on shares of Emerson Electric from $140.00 to $142.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. JPMorgan Chase & Co. decreased their price objective on shares of Emerson Electric from $137.00 to $135.00 and set a “neutral” rating for the company in a research note on Wednesday, January 15th. BNP Paribas started coverage on shares of Emerson Electric in a research report on Wednesday, November 13th. They issued an “outperform” rating and a $155.00 target price for the company. Robert W. Baird increased their target price on shares of Emerson Electric from $117.00 to $118.00 and gave the stock a “neutral” rating in a research report on Monday, November 4th. Finally, UBS Group started coverage on shares of Emerson Electric in a research report on Wednesday, November 13th. They issued a “neutral” rating and a $135.00 target price for the company. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $136.90.

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.