Boston Trust Walden Corp Sells 234 Shares of Emerson Electric Co. (NYSE:EMR)

Boston Trust Walden Corp cut its stake in shares of Emerson Electric Co. (NYSE:EMR) by 0.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 62,558 shares of the industrial products company’s stock after selling 234 shares during the quarter. Boston Trust Walden Corp’s holdings in Emerson Electric were worth $7,753,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. One Wealth Advisors LLC bought a new stake in shares of Emerson Electric during the 4th quarter valued at $217,000. Catalina Capital Group LLC raised its holdings in Emerson Electric by 2.8% during the fourth quarter. Catalina Capital Group LLC now owns 3,832 shares of the industrial products company’s stock valued at $475,000 after acquiring an additional 105 shares during the period. S.A. Mason LLC lifted its position in shares of Emerson Electric by 2.5% in the fourth quarter. S.A. Mason LLC now owns 5,814 shares of the industrial products company’s stock valued at $721,000 after acquiring an additional 140 shares in the last quarter. JB Capital LLC grew its position in shares of Emerson Electric by 4.7% during the fourth quarter. JB Capital LLC now owns 92,765 shares of the industrial products company’s stock worth $11,497,000 after purchasing an additional 4,130 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC raised its stake in Emerson Electric by 0.9% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 163,560 shares of the industrial products company’s stock valued at $20,270,000 after purchasing an additional 1,446 shares during the period. 74.30% of the stock is owned by hedge funds and other institutional investors.

Emerson Electric Trading Down 1.5 %

NYSE:EMR opened at $127.94 on Tuesday. 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 firm has a 50-day simple moving average of $127.13 and a 200-day simple moving average of $116.44. Emerson Electric Co. has a one year low of $92.16 and a one year high of $134.85. The firm has a market cap of $72.87 billion, a P/E ratio of 37.41, a P/E/G ratio of 2.22 and a beta of 1.34.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on EMR shares. Loop Capital upped their target price on shares of Emerson Electric from $130.00 to $155.00 and gave the stock a “buy” rating in a research report on Monday, December 2nd. Robert W. Baird raised their price objective on Emerson Electric from $117.00 to $118.00 and gave the company a “neutral” rating in a research report on Monday, November 4th. Jefferies Financial Group began coverage on Emerson Electric in a research report on Thursday, December 12th. They issued a “buy” rating and a $160.00 target price on the stock. KeyCorp raised their price target on Emerson Electric from $140.00 to $158.00 and gave the company an “overweight” rating in a report on Monday, December 9th. Finally, Royal Bank of Canada lowered their target price on Emerson Electric from $139.00 to $138.00 and set an “outperform” rating for the company in a research report on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, six have given a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $136.45.

Insider Buying and Selling

In other news, SVP Michael H. Train sold 21,525 shares of Emerson Electric stock in a transaction on Wednesday, November 6th. The stock was 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 approximately $33,052,911.68. This trade represents a 7.58 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.50% of the stock is currently owned by insiders.

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.