Emerson Electric Co. (NYSE:EMR) Stock Position Decreased by New Hampshire Trust

New Hampshire Trust reduced its stake in Emerson Electric Co. (NYSE:EMR) by 6.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,599 shares of the industrial products company’s stock after selling 483 shares during the period. New Hampshire Trust’s holdings in Emerson Electric were worth $942,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Harbor Investment Advisory LLC raised its stake in Emerson Electric by 16.9% during the 4th quarter. Harbor Investment Advisory LLC now owns 3,883 shares of the industrial products company’s stock valued at $481,000 after acquiring an additional 562 shares in the last quarter. Guinness Atkinson Asset Management Inc lifted its holdings in Emerson Electric by 23.3% in the fourth quarter. Guinness Atkinson Asset Management Inc now owns 9,502 shares of the industrial products company’s stock worth $1,178,000 after purchasing an additional 1,794 shares during the period. Guinness Asset Management LTD grew its position in Emerson Electric by 5.2% in the 4th quarter. Guinness Asset Management LTD now owns 1,924,171 shares of the industrial products company’s stock valued at $238,473,000 after buying an additional 95,691 shares in the last quarter. Sarasin & Partners LLP increased its stake in Emerson Electric by 120.6% during the 4th quarter. Sarasin & Partners LLP now owns 1,766,230 shares of the industrial products company’s stock valued at $218,889,000 after buying an additional 965,731 shares during the period. Finally, M.E. Allison & CO. Inc. acquired a new stake in shares of Emerson Electric in the 4th quarter worth approximately $337,000. 74.30% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

EMR has been the subject of a number of research analyst reports. StockNews.com downgraded Emerson Electric from a “buy” rating to a “hold” rating in a research report on Wednesday, January 1st. Robert W. Baird raised their target price on Emerson Electric from $117.00 to $118.00 and gave the company a “neutral” rating in a research note on Monday, November 4th. UBS Group started coverage on shares of Emerson Electric in a research report on Wednesday, November 13th. They issued a “neutral” rating and a $135.00 price target on the stock. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Emerson Electric from $136.00 to $140.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. Finally, BNP Paribas began coverage on shares of Emerson Electric in a research note on Wednesday, November 13th. They set an “outperform” rating and a $155.00 target price for the company. One analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $135.89.

Emerson Electric Price Performance

Shares of EMR opened at $124.65 on Tuesday. The business’s 50-day moving average is $127.05 and its 200-day moving average is $115.31. Emerson Electric Co. has a fifty-two week low of $91.64 and a fifty-two week high of $134.85. The company has a market capitalization of $70.99 billion, a price-to-earnings ratio of 36.45, a P/E/G ratio of 1.98 and a beta of 1.35. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.77 and a quick ratio of 1.40.

Emerson Electric Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Friday, November 15th were issued a dividend of $0.5275 per share. This is a boost from Emerson Electric’s previous quarterly dividend of $0.53. This represents a $2.11 annualized dividend and a dividend yield of 1.69%. The ex-dividend date was Friday, November 15th. Emerson Electric’s payout ratio is currently 61.70%.

Insider Transactions at Emerson Electric

In other news, SVP Michael H. Train sold 21,525 shares of the firm’s stock in a transaction dated 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 sale, the senior vice president now directly owns 262,408 shares of the company’s stock, valued at $33,052,911.68. This trade represents a 7.58 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.50% of the stock is currently owned by company insiders.

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.