WBH Advisory Inc. Sells 154 Shares of Emerson Electric Co. (NYSE:EMR)

WBH Advisory Inc. trimmed its position in shares of Emerson Electric Co. (NYSE:EMR) by 2.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,451 shares of the industrial products company’s stock after selling 154 shares during the quarter. WBH Advisory Inc.’s holdings in Emerson Electric were worth $676,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EMR. Capital Performance Advisors LLP bought a new position in shares of Emerson Electric during the third quarter worth $25,000. Stephens Consulting LLC bought a new position in shares of Emerson Electric during the fourth quarter worth $25,000. Sugar Maple Asset Management LLC bought a new stake in Emerson Electric in the 4th quarter valued at $27,000. Darwin Wealth Management LLC bought a new stake in Emerson Electric in the 3rd quarter valued at $29,000. Finally, YANKCOM Partnership bought a new stake in Emerson Electric in the 4th quarter valued at $30,000. 74.30% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on EMR shares. Jefferies Financial Group started coverage on shares of Emerson Electric in a research report on Thursday, December 12th. They issued a “buy” rating and a $160.00 price objective on the stock. BNP Paribas started coverage on shares of Emerson Electric in a research report on Wednesday, November 13th. They issued an “outperform” rating and a $155.00 price objective on the stock. KeyCorp boosted their price objective on shares of Emerson Electric from $140.00 to $158.00 and gave the company an “overweight” rating in a research report on Monday, December 9th. JPMorgan Chase & Co. cut their price target on shares of Emerson Electric from $137.00 to $135.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 15th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Emerson Electric from $136.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Emerson Electric has an average rating of “Moderate Buy” and a consensus target price of $136.90.

Emerson Electric Stock Down 1.6 %

Emerson Electric stock opened at $123.30 on Tuesday. The company’s 50-day moving average price is $125.73 and its two-hundred day moving average price is $117.11. The company has a quick ratio of 1.40, a current ratio of 1.54 and a debt-to-equity ratio of 0.25. The stock has a market cap of $70.22 billion, a P/E ratio of 29.43, a P/E/G ratio of 2.16 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 issued its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share (EPS) for the quarter, topping 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, analysts expect that Emerson Electric Co. will post 5.95 EPS for the current year.

Emerson Electric Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, February 14th will be issued a dividend of $0.5275 per share. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date of this dividend is Friday, February 14th. Emerson Electric’s dividend payout ratio is presently 50.36%.

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.