Brady Family Wealth LLC Has $802,000 Position in Emerson Electric Co. (NYSE:EMR)

Brady Family Wealth LLC trimmed its stake in Emerson Electric Co. (NYSE:EMR) by 3.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,470 shares of the industrial products company’s stock after selling 246 shares during the quarter. Brady Family Wealth LLC’s holdings in Emerson Electric were worth $802,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Capital Performance Advisors LLP bought a new stake in Emerson Electric in the 3rd quarter valued at about $25,000. Darwin Wealth Management LLC acquired a new stake in Emerson Electric in the third quarter valued at approximately $29,000. Morton Brown Family Wealth LLC bought a new stake in shares of Emerson Electric during the third quarter valued at approximately $33,000. Frazier Financial Advisors LLC bought a new position in shares of Emerson Electric in the 3rd quarter worth $33,000. Finally, Catalyst Capital Advisors LLC acquired a new stake in Emerson Electric in the 3rd quarter valued at $43,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Wall Street Analyst Weigh In

EMR has been the topic of a number of recent research reports. Jefferies Financial Group assumed coverage on shares of Emerson Electric in a research note on Thursday, December 12th. They issued a “buy” rating and a $160.00 price objective on the stock. BNP Paribas initiated coverage on shares of Emerson Electric in a research report on Wednesday, November 13th. They issued an “outperform” rating and a $155.00 price target on the stock. JPMorgan Chase & Co. decreased their price objective on Emerson Electric from $137.00 to $135.00 and set a “neutral” rating for the company in a report on Wednesday. UBS Group initiated coverage on Emerson Electric in a report on Wednesday, November 13th. They issued a “neutral” rating and a $135.00 target price on the stock. Finally, Loop Capital upped their price target on Emerson Electric from $130.00 to $155.00 and gave the stock a “buy” rating in a report on Monday, December 2nd. One research analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $135.89.

Insider Transactions at Emerson Electric

In other news, SVP Michael H. Train sold 21,525 shares of the firm’s 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 completion of the transaction, the senior vice president now directly owns 262,408 shares of the company’s stock, valued at $33,052,911.68. This trade represents a 7.58 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.50% of the company’s stock.

Emerson Electric Stock Up 0.8 %

EMR stock opened at $120.75 on Thursday. The stock has a fifty day moving average of $127.30 and a 200-day moving average of $115.01. Emerson Electric Co. has a fifty-two week low of $91.64 and a fifty-two week high of $134.85. The company has a market capitalization of $68.77 billion, a price-to-earnings ratio of 35.31, a PEG ratio of 1.98 and a beta of 1.35. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.40 and a current ratio of 1.77.

Emerson Electric Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Friday, November 15th were given a dividend of $0.5275 per share. This represents a $2.11 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date was Friday, November 15th. This is a positive change from Emerson Electric’s previous quarterly dividend of $0.53. Emerson Electric’s dividend payout ratio (DPR) is currently 61.70%.

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.