Farmers & Merchants Investments Inc. Sells 1,775 Shares of Emerson Electric Co. (NYSE:EMR)

Farmers & Merchants Investments Inc. decreased its stake in Emerson Electric Co. (NYSE:EMR) by 0.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 191,231 shares of the industrial products company’s stock after selling 1,775 shares during the period. Emerson Electric makes up 0.7% of Farmers & Merchants Investments Inc.’s portfolio, making the stock its 28th largest holding. Farmers & Merchants Investments Inc.’s holdings in Emerson Electric were worth $23,699,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Stephens Consulting LLC acquired a new position in Emerson Electric in the fourth quarter valued at about $25,000. Sugar Maple Asset Management LLC bought a new stake in shares of Emerson Electric during the fourth quarter worth $27,000. Capital Performance Advisors LLP bought a new position in shares of Emerson Electric in the 3rd quarter valued at about $25,000. YANKCOM Partnership acquired a new stake in Emerson Electric during the 4th quarter worth $30,000. Finally, Darwin Wealth Management LLC acquired a new position in shares of Emerson Electric in the 3rd quarter valued at $29,000. Institutional investors own 74.30% of the company’s stock.

Emerson Electric Trading Down 2.4 %

EMR opened at $124.37 on Friday. The stock has a market cap of $70.83 billion, a PE ratio of 29.68, a price-to-earnings-growth ratio of 2.16 and a beta of 1.34. The company has a quick ratio of 1.40, a current ratio of 1.54 and a debt-to-equity ratio of 0.25. Emerson Electric Co. has a twelve month low of $96.62 and a twelve month high of $134.85. The company has a fifty day moving average of $126.51 and a 200-day moving average of $116.79.

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%. On average, sell-side analysts predict that Emerson Electric Co. will post 5.95 EPS for the current year.

Emerson Electric Announces Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend is Friday, February 14th. This represents a $2.11 annualized dividend and a dividend yield of 1.70%. Emerson Electric’s dividend payout ratio is currently 50.36%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Royal Bank of Canada restated an “outperform” rating and issued a $138.00 target price on shares of Emerson Electric in a research note on Thursday. Robert W. Baird upped their price objective on Emerson Electric from $117.00 to $118.00 and gave the company a “neutral” rating in a research note on Monday, November 4th. Morgan Stanley lifted their target price on shares of Emerson Electric from $105.00 to $112.00 and gave the stock an “underweight” rating in a report on Thursday. Daiwa Capital Markets started coverage on Emerson Electric in a report on Tuesday, January 28th. They set an “outperform” rating and a $147.00 target price for the company. Finally, UBS Group assumed coverage on Emerson Electric in a research note on Wednesday, November 13th. They set a “neutral” rating and a $135.00 price objective on the stock. One analyst has rated the stock with a sell rating, five have assigned a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company 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.