Trillium Asset Management LLC Has $391,000 Position in Emerson Electric Co. (NYSE:EMR)

Trillium Asset Management LLC cut its position in Emerson Electric Co. (NYSE:EMR) by 8.4% during the 4th quarter, HoldingsChannel reports. The firm owned 3,155 shares of the industrial products company’s stock after selling 291 shares during the quarter. Trillium Asset Management LLC’s holdings in Emerson Electric were worth $391,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Swedbank AB increased its holdings 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 acquiring an additional 1,424,800 shares in the last quarter. Howard Capital Management Group LLC raised its holdings in Emerson Electric by 10.6% during the 3rd quarter. Howard Capital Management Group LLC now owns 1,878 shares of the industrial products company’s stock worth $205,000 after buying an additional 180 shares during the period. Quest Partners LLC lifted its stake in Emerson Electric by 664.7% in the third quarter. Quest Partners LLC now owns 3,357 shares of the industrial products company’s stock valued at $367,000 after buying an additional 2,918 shares in the last quarter. Prospera Financial Services Inc boosted its holdings in shares of Emerson Electric by 89.0% in the third quarter. Prospera Financial Services Inc now owns 61,974 shares of the industrial products company’s stock valued at $6,781,000 after buying an additional 29,179 shares during the period. Finally, Fifth Third Wealth Advisors LLC raised its holdings in shares of Emerson Electric by 20.9% during the third quarter. Fifth Third Wealth Advisors LLC now owns 11,412 shares of the industrial products company’s stock worth $1,248,000 after acquiring an additional 1,970 shares during the period. 74.30% of the stock is owned by institutional investors.

Analyst Ratings Changes

EMR has been the subject of a number of research reports. Wells Fargo & Company increased their target price on Emerson Electric from $140.00 to $142.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. StockNews.com cut Emerson Electric from a “buy” rating to a “hold” rating in a research note on Monday, March 10th. KeyCorp raised their price target on shares of Emerson Electric from $140.00 to $158.00 and gave the stock an “overweight” rating in a research note on Monday, December 9th. Citigroup started coverage on shares of Emerson Electric in a research report on Monday. They issued a “buy” rating and a $132.00 price objective on the stock. Finally, JPMorgan Chase & Co. decreased 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. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $136.22.

Emerson Electric Stock Performance

EMR opened at $112.28 on Thursday. The company has a quick ratio of 1.17, 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 $121.86 and a 200-day moving average of $119.02. The stock has a market cap of $63.31 billion, a price-to-earnings ratio of 26.80, a PEG ratio of 2.49 and a beta of 1.36.

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, topping analysts’ consensus estimates 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 5.96 earnings per share for the current year.

Emerson Electric Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Friday, February 14th were given a dividend of $0.5275 per share. The ex-dividend date was Friday, February 14th. This represents a $2.11 annualized dividend and a yield of 1.88%. Emerson Electric’s dividend payout ratio (DPR) is presently 50.36%.

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.