Moloney Securities Asset Management LLC Sells 668 Shares of Emerson Electric Co. (NYSE:EMR)

Moloney Securities Asset Management LLC lessened its stake in shares of Emerson Electric Co. (NYSE:EMR) by 5.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,623 shares of the industrial products company’s stock after selling 668 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Emerson Electric were worth $1,440,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. GDS Wealth Management raised its stake in shares of Emerson Electric by 2.0% in the fourth quarter. GDS Wealth Management now owns 3,965 shares of the industrial products company’s stock valued at $491,000 after acquiring an additional 79 shares during the last quarter. Berkshire Bank raised its holdings in shares of Emerson Electric by 3.6% in the fourth quarter. Berkshire Bank now owns 2,588 shares of the industrial products company’s stock valued at $321,000 after buying an additional 89 shares during the last quarter. Grove Bank & Trust grew its holdings in Emerson Electric by 5.4% during the 4th quarter. Grove Bank & Trust now owns 1,749 shares of the industrial products company’s stock worth $217,000 after acquiring an additional 90 shares during the last quarter. Silver Lake Advisory LLC raised its stake in shares of Emerson Electric by 0.4% in the fourth quarter. Silver Lake Advisory LLC now owns 24,249 shares of the industrial products company’s stock worth $3,005,000 after acquiring an additional 90 shares during the last quarter. Finally, Sargent Investment Group LLC grew its stake in shares of Emerson Electric by 0.5% during the fourth quarter. Sargent Investment Group LLC now owns 16,986 shares of the industrial products company’s stock valued at $2,012,000 after purchasing an additional 90 shares during the last quarter. 74.30% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have recently weighed in on EMR. Daiwa Capital Markets assumed coverage on Emerson Electric in a research report on Tuesday, January 28th. They set an “outperform” rating and a $147.00 target price for the company. Robert W. Baird raised their target price on shares of Emerson Electric from $117.00 to $118.00 and gave the company a “neutral” rating in a research note on Monday, November 4th. JPMorgan Chase & Co. dropped their target price on shares of Emerson Electric from $137.00 to $135.00 and set a “neutral” rating for the company in a research report on Wednesday, January 15th. Loop Capital increased their target price on Emerson Electric from $130.00 to $155.00 and gave the company a “buy” rating in a research note on Monday, December 2nd. Finally, StockNews.com upgraded shares of Emerson Electric from a “hold” rating to a “buy” rating in a research report on Friday. One research analyst has rated the stock with a sell rating, five have issued a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $136.90.

Emerson Electric Stock Performance

EMR opened at $124.37 on Friday. 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 12-month low of $96.62 and a 12-month high of $134.85. The business has a 50 day moving average of $126.51 and a 200-day moving average of $116.79. The stock has a market cap of $70.83 billion, a price-to-earnings ratio of 29.68, a PEG ratio of 2.16 and a beta of 1.34.

Emerson Electric (NYSE:EMR) last released its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.38 EPS for the quarter, beating the consensus estimate of $1.28 by $0.10. Emerson Electric had a net margin of 13.74% and a return on equity of 12.08%. On average, equities research analysts expect that Emerson Electric Co. will post 5.95 earnings per share for the current year.

Emerson Electric Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, February 14th will be issued a $0.5275 dividend. This represents a $2.11 dividend on an annualized basis and a yield of 1.70%. The ex-dividend date is Friday, February 14th. Emerson Electric’s dividend payout ratio is 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.