ORG Wealth Partners LLC Has $80,000 Holdings in Emerson Electric Co. (NYSE:EMR)

ORG Wealth Partners LLC trimmed its stake in Emerson Electric Co. (NYSE:EMR) by 84.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 647 shares of the industrial products company’s stock after selling 3,404 shares during the period. ORG Wealth Partners LLC’s holdings in Emerson Electric were worth $80,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. ST Germain D J Co. Inc. raised its holdings in Emerson Electric by 6.3% in the 4th quarter. ST Germain D J Co. Inc. now owns 16,042 shares of the industrial products company’s stock valued at $1,988,000 after acquiring an additional 948 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Emerson Electric by 0.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 354,034 shares of the industrial products company’s stock valued at $43,875,000 after purchasing an additional 983 shares during the period. Legacy Private Trust Co. raised its stake in shares of Emerson Electric by 7.0% in the fourth quarter. Legacy Private Trust Co. now owns 18,893 shares of the industrial products company’s stock valued at $2,341,000 after purchasing an additional 1,230 shares in the last quarter. First Hawaiian Bank boosted its stake in Emerson Electric by 84.4% during the fourth quarter. First Hawaiian Bank now owns 5,891 shares of the industrial products company’s stock worth $730,000 after buying an additional 2,696 shares in the last quarter. Finally, Douglas Lane & Associates LLC increased its holdings in Emerson Electric by 16.3% in the 4th quarter. Douglas Lane & Associates LLC now owns 8,904 shares of the industrial products company’s stock valued at $1,103,000 after buying an additional 1,245 shares during the period. Institutional investors and hedge funds own 74.30% of the company’s stock.

Emerson Electric Stock Down 2.2 %

NYSE EMR opened at $117.64 on Friday. The stock has a market capitalization of $67.00 billion, a P/E ratio of 34.40, a price-to-earnings-growth ratio of 2.19 and a beta of 1.35. Emerson Electric Co. has a 52 week low of $91.64 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 $127.08 and a 200-day moving average of $114.76.

Emerson Electric Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Friday, November 15th were issued a dividend of $0.5275 per share. This is a boost from Emerson Electric’s previous quarterly dividend of $0.53. This represents a $2.11 annualized dividend and a yield of 1.79%. The ex-dividend date was Friday, November 15th. Emerson Electric’s payout ratio is currently 61.70%.

Analyst Upgrades and Downgrades

EMR has been the topic of a number of analyst reports. Robert W. Baird upped their target price on shares of Emerson Electric from $117.00 to $118.00 and gave the company a “neutral” rating in a research note on Monday, November 4th. UBS Group started coverage on Emerson Electric in a research note on Wednesday, November 13th. They issued a “neutral” rating and a $135.00 price objective on the stock. StockNews.com downgraded Emerson Electric from a “buy” rating to a “hold” rating in a research report on Wednesday, January 1st. Oppenheimer upped their price target on Emerson Electric from $120.00 to $125.00 and gave the company an “outperform” rating in a research report on Thursday, September 26th. Finally, Royal Bank of Canada reduced their target price on shares of Emerson Electric from $139.00 to $138.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat, Emerson Electric presently has a consensus rating of “Moderate Buy” and an average price target of $134.84.

Insider Buying and Selling at Emerson Electric

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

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.