Good Life Advisors LLC Sells 91 Shares of Emerson Electric Co. (NYSE:EMR)

Good Life Advisors LLC trimmed its position in shares of Emerson Electric Co. (NYSE:EMR) by 1.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,908 shares of the industrial products company’s stock after selling 91 shares during the period. Good Life Advisors LLC’s holdings in Emerson Electric were worth $732,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in EMR. GDS Wealth Management increased its stake in Emerson Electric by 2.0% during the 4th quarter. GDS Wealth Management now owns 3,965 shares of the industrial products company’s stock worth $491,000 after purchasing an additional 79 shares in the last quarter. Mcdonald Partners LLC increased its position in shares of Emerson Electric by 0.6% during the fourth quarter. Mcdonald Partners LLC now owns 14,207 shares of the industrial products company’s stock worth $1,761,000 after acquiring an additional 81 shares in the last quarter. Berkshire Bank raised its holdings in shares of Emerson Electric by 3.6% during the fourth quarter. Berkshire Bank now owns 2,588 shares of the industrial products company’s stock worth $321,000 after acquiring an additional 89 shares during the period. Little House Capital LLC lifted its position in Emerson Electric by 0.5% in the 4th quarter. Little House Capital LLC now owns 17,009 shares of the industrial products company’s stock valued at $2,108,000 after acquiring an additional 89 shares in the last quarter. Finally, Grove Bank & Trust increased its holdings in Emerson Electric by 5.4% during the 4th quarter. Grove Bank & Trust now owns 1,749 shares of the industrial products company’s stock worth $217,000 after purchasing an additional 90 shares in the last quarter. Institutional investors and hedge funds own 74.30% of the company’s stock.

Emerson Electric Trading Down 0.4 %

EMR stock opened at $124.47 on Thursday. The stock has a market cap of $70.19 billion, a price-to-earnings ratio of 29.71, a price-to-earnings-growth ratio of 2.46 and a beta of 1.34. The company has a fifty day moving average price of $125.38 and a two-hundred day moving average price of $117.35. Emerson Electric Co. has a one year low of $96.62 and a one year high of $134.85. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.54 and a quick ratio of 1.17.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.38 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%. Equities analysts anticipate that Emerson Electric Co. will post 5.96 EPS for the current year.

Emerson Electric Announces Dividend

The company also recently declared 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 annualized dividend and a yield of 1.70%. Emerson Electric’s dividend payout ratio (DPR) is presently 50.36%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Daiwa America upgraded Emerson Electric to a “strong-buy” rating in a report on Tuesday, January 28th. Wells Fargo & Company upped their price target on Emerson Electric from $140.00 to $142.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Morgan Stanley lifted their price objective on shares of Emerson Electric from $105.00 to $112.00 and gave the company an “underweight” rating in a report on Thursday, February 6th. Robert W. Baird raised their target price on shares of Emerson Electric from $117.00 to $118.00 and gave the company a “neutral” rating in a research report on Monday, November 4th. Finally, Jefferies Financial Group assumed coverage on shares of Emerson Electric in a research report on Thursday, December 12th. They set a “buy” rating and a $160.00 price target on the stock. One analyst has rated the stock with a sell rating, five have given a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has an average 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.