Coston McIsaac & Partners Has $373,000 Position in Emerson Electric Co. (NYSE:EMR)

Coston McIsaac & Partners trimmed its position in Emerson Electric Co. (NYSE:EMR) by 4.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,017 shares of the industrial products company’s stock after selling 143 shares during the quarter. Coston McIsaac & Partners’ holdings in Emerson Electric were worth $373,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in EMR. Berkshire Bank grew its holdings in Emerson Electric by 3.6% during the 4th quarter. Berkshire Bank now owns 2,588 shares of the industrial products company’s stock worth $321,000 after acquiring an additional 89 shares during the period. Grove Bank & Trust grew its stake in Emerson Electric by 5.4% during the fourth quarter. Grove Bank & Trust now owns 1,749 shares of the industrial products company’s stock worth $217,000 after purchasing an additional 90 shares during the period. Silver Lake Advisory LLC increased its holdings in 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 purchasing an additional 90 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its stake in Emerson Electric by 0.5% in the third quarter. Creative Financial Designs Inc. ADV now owns 18,428 shares of the industrial products company’s stock valued at $2,016,000 after buying an additional 97 shares during the period. Finally, Sandbox Financial Partners LLC grew its position in shares of Emerson Electric by 5.3% during the 4th quarter. Sandbox Financial Partners LLC now owns 1,942 shares of the industrial products company’s stock worth $241,000 after buying an additional 97 shares during the period. Institutional investors own 74.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on EMR shares. Jefferies Financial Group started coverage on shares of Emerson Electric in a research report on Thursday, December 12th. They set a “buy” rating and a $160.00 target price on the stock. Barclays increased their price objective on shares of Emerson Electric from $116.00 to $135.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 5th. Robert W. Baird boosted their target price on Emerson Electric from $117.00 to $118.00 and gave the company a “neutral” rating in a research report on Monday, November 4th. Wells Fargo & Company cut their price target on Emerson Electric from $145.00 to $140.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. Finally, StockNews.com lowered Emerson Electric from a “buy” rating to a “hold” rating in a research report on Wednesday, January 1st. One research analyst has rated the stock with a sell rating, six have issued a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $136.45.

Emerson Electric Stock Down 0.8 %

EMR stock opened at $128.92 on Thursday. Emerson Electric Co. has a 1-year low of $91.64 and a 1-year high of $134.85. The stock has a market cap of $73.42 billion, a P/E ratio of 37.70, a P/E/G ratio of 2.22 and a beta of 1.35. The stock’s fifty day simple moving average is $127.10 and its two-hundred day simple moving average is $116.19. The company has a current ratio of 1.77, a quick ratio of 1.40 and a debt-to-equity ratio of 0.26.

Emerson Electric Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Friday, November 15th were issued a dividend of $0.5275 per share. This represents a $2.11 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date was Friday, November 15th. This is an increase from Emerson Electric’s previous quarterly dividend of $0.53. Emerson Electric’s dividend payout ratio (DPR) is 61.70%.

Insiders Place Their Bets

In other news, SVP Michael H. Train sold 21,525 shares of the stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $125.96, for a total transaction of $2,711,289.00. Following the completion of the transaction, the senior vice president now owns 262,408 shares in the company, valued at approximately $33,052,911.68. This represents a 7.58 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.50% of the company’s stock.

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.