Telos Capital Management Inc. Has $986,000 Holdings in Emerson Electric Co. (NYSE:EMR)

Telos Capital Management Inc. lessened its stake in Emerson Electric Co. (NYSE:EMR) by 12.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 7,953 shares of the industrial products company’s stock after selling 1,111 shares during the quarter. Telos Capital Management Inc.’s holdings in Emerson Electric were worth $986,000 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 shares of Emerson Electric in the fourth quarter valued at approximately $25,000. Sugar Maple Asset Management LLC acquired a new position in Emerson Electric during the fourth quarter worth $27,000. Capital Performance Advisors LLP acquired a new position in Emerson Electric during the third quarter worth $25,000. YANKCOM Partnership acquired a new position in Emerson Electric during the fourth quarter worth $30,000. Finally, Darwin Wealth Management LLC acquired a new position in Emerson Electric during the third quarter worth $29,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on EMR shares. Loop Capital increased their target price on shares of Emerson Electric from $130.00 to $155.00 and gave the stock a “buy” rating in a report on Monday, December 2nd. Deutsche Bank Aktiengesellschaft increased their target price on shares of Emerson Electric from $136.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Stephens cut shares of Emerson Electric from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $135.00 to $120.00 in a research note on Wednesday, October 16th. Wells Fargo & Company increased their price target on shares of Emerson Electric from $140.00 to $142.00 and gave the company an “overweight” rating in a research note on Thursday. Finally, BNP Paribas began coverage on shares of Emerson Electric in a research note on Wednesday, November 13th. They issued an “outperform” rating and a $155.00 price target for the company. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $136.90.

Emerson Electric Price Performance

NYSE:EMR opened at $127.49 on Friday. Emerson Electric Co. has a 52 week low of $96.62 and a 52 week high of $134.85. The firm has a market cap of $72.61 billion, a price-to-earnings ratio of 37.28, a P/E/G ratio of 2.22 and a beta of 1.34. The firm’s 50-day simple moving average is $126.78 and its 200 day simple moving average is $116.66. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.40 and a current ratio of 1.77.

Emerson Electric (NYSE:EMR) last released its quarterly earnings results 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 11.25% and a return on equity of 11.73%. As a group, sell-side analysts predict that Emerson Electric Co. will post 5.91 earnings per share for the current year.

Emerson Electric Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, February 14th will be given a $0.5275 dividend. This represents a $2.11 annualized dividend and a dividend yield of 1.65%. The ex-dividend date of this dividend is Friday, February 14th. Emerson Electric’s payout ratio is presently 61.70%.

About Emerson Electric

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.