WR Wealth Planners LLC Sells 311 Shares of Emerson Electric Co. (NYSE:EMR)

WR Wealth Planners LLC lessened its holdings in shares of Emerson Electric Co. (NYSE:EMR) by 25.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 902 shares of the industrial products company’s stock after selling 311 shares during the period. WR Wealth Planners LLC’s holdings in Emerson Electric were worth $112,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of EMR. Maple Capital Management Inc. purchased a new position in Emerson Electric in the 4th quarter worth about $214,000. SVB Wealth LLC purchased a new position in Emerson Electric in the 4th quarter worth about $766,000. Flputnam Investment Management Co. increased its position in shares of Emerson Electric by 0.4% during the 4th quarter. Flputnam Investment Management Co. now owns 135,048 shares of the industrial products company’s stock valued at $16,736,000 after purchasing an additional 549 shares during the last quarter. Tower Bridge Advisors increased its position in shares of Emerson Electric by 3.8% during the 4th quarter. Tower Bridge Advisors now owns 6,868 shares of the industrial products company’s stock valued at $851,000 after purchasing an additional 251 shares during the last quarter. Finally, Dynasty Wealth Management LLC increased its position in shares of Emerson Electric by 355.8% during the 4th quarter. Dynasty Wealth Management LLC now owns 8,974 shares of the industrial products company’s stock valued at $1,112,000 after purchasing an additional 7,005 shares during the last quarter. Institutional investors own 74.30% of the company’s stock.

Emerson Electric Stock Up 1.4 %

Shares of EMR stock opened at $121.62 on Friday. The stock has a 50 day moving average of $124.57 and a 200 day moving average of $118.18. The company has a current ratio of 1.54, a quick ratio of 1.17 and a debt-to-equity ratio of 0.25. The stock has a market cap of $68.58 billion, a P/E ratio of 29.03, a P/E/G ratio of 2.49 and a beta of 1.34. Emerson Electric Co. has a twelve month low of $96.62 and a twelve month high of $134.85.

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 analysts’ consensus estimates of $1.28 by $0.10. Emerson Electric had a return on equity of 12.08% and a net margin of 13.74%. As a group, sell-side analysts expect that Emerson Electric Co. will post 5.96 EPS for the current year.

Emerson Electric Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. BNP Paribas assumed coverage on shares of Emerson Electric in a research report on Wednesday, November 13th. They set an “outperform” rating and a $155.00 price target for the company. Daiwa Capital Markets assumed coverage on Emerson Electric in a research note on Tuesday, January 28th. They issued an “outperform” rating and a $147.00 price target for the company. StockNews.com upgraded Emerson Electric from a “hold” rating to a “buy” rating in a research note on Friday, February 7th. Jefferies Financial Group started coverage on Emerson Electric in a research report on Thursday, December 12th. They set a “buy” rating and a $160.00 target price for the company. Finally, Daiwa America upgraded Emerson Electric to a “strong-buy” rating in a research 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 issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Emerson Electric currently has an average rating of “Moderate Buy” and an average target price 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.