Emerson Electric Co. (NYSE:EMR) Stock Position Decreased by Exencial Wealth Advisors LLC

Exencial Wealth Advisors LLC cut its stake in shares of Emerson Electric Co. (NYSE:EMR) by 1.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 44,703 shares of the industrial products company’s stock after selling 725 shares during the quarter. Exencial Wealth Advisors LLC’s holdings in Emerson Electric were worth $5,540,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of EMR. State Street Corp boosted its position in shares of Emerson Electric by 6.2% in the third quarter. State Street Corp now owns 25,810,167 shares of the industrial products company’s stock worth $2,822,858,000 after buying an additional 1,507,980 shares during the period. Fisher Asset Management LLC boosted its position in shares of Emerson Electric by 234.2% in the fourth quarter. Fisher Asset Management LLC now owns 2,035,934 shares of the industrial products company’s stock worth $252,313,000 after buying an additional 1,426,718 shares during the period. Swedbank AB boosted its position in shares of Emerson Electric by 127.3% in the third quarter. Swedbank AB now owns 2,544,439 shares of the industrial products company’s stock worth $278,285,000 after buying an additional 1,424,800 shares during the period. Sarasin & Partners LLP boosted its position in shares of Emerson Electric by 120.6% in the fourth quarter. Sarasin & Partners LLP now owns 1,766,230 shares of the industrial products company’s stock worth $218,889,000 after buying an additional 965,731 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. boosted its position in shares of Emerson Electric by 50.1% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,153,085 shares of the industrial products company’s stock worth $266,832,000 after buying an additional 718,781 shares during the period. 74.30% of the stock is owned by institutional investors.

Emerson Electric Price Performance

NYSE EMR opened at $113.87 on Wednesday. Emerson Electric Co. has a twelve month low of $96.62 and a twelve month high of $134.85. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.17 and a current ratio of 1.54. The stock has a market capitalization of $64.21 billion, a PE ratio of 27.18, a P/E/G ratio of 2.49 and a beta of 1.34. The stock has a 50-day simple moving average of $124.19 and a 200 day simple moving average of $118.45.

Emerson Electric (NYSE:EMR) last posted its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.10. Emerson Electric had a return on equity of 12.08% and a net margin of 13.74%. Research analysts anticipate that Emerson Electric Co. will post 5.96 EPS for the current year.

Emerson Electric Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Friday, February 14th will be given a dividend of $0.5275 per share. The ex-dividend date is Friday, February 14th. This represents a $2.11 annualized dividend and a dividend yield of 1.85%. Emerson Electric’s dividend payout ratio is presently 50.36%.

Analyst Upgrades and Downgrades

EMR has been the subject of several recent analyst reports. BNP Paribas initiated coverage on Emerson Electric in a research report on Wednesday, November 13th. They issued an “outperform” rating and a $155.00 target price for the company. Morgan Stanley lifted their price objective on Emerson Electric from $105.00 to $112.00 and gave the company an “underweight” rating in a research report on Thursday, February 6th. Deutsche Bank Aktiengesellschaft lifted their price objective on Emerson Electric from $136.00 to $140.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. Loop Capital lifted their price objective on Emerson Electric from $130.00 to $155.00 and gave the company a “buy” rating in a research report on Monday, December 2nd. Finally, UBS Group started coverage on Emerson Electric in a research report on Wednesday, November 13th. They set a “neutral” rating and a $135.00 price objective for the company. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Emerson Electric presently has a consensus rating of “Moderate Buy” and an average target price of $137.26.

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.