GDS Wealth Management Has $491,000 Stock Holdings in Emerson Electric Co. (NYSE:EMR)

GDS Wealth Management lifted its stake in shares of Emerson Electric Co. (NYSE:EMR) by 2.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 3,965 shares of the industrial products company’s stock after buying an additional 79 shares during the quarter. GDS Wealth Management’s holdings in Emerson Electric were worth $491,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Wilmington Savings Fund Society FSB increased its position in Emerson Electric by 120.1% during the third quarter. Wilmington Savings Fund Society FSB now owns 56,341 shares of the industrial products company’s stock worth $6,162,000 after acquiring an additional 30,741 shares during the period. Geode Capital Management LLC increased its position in Emerson Electric by 1.4% during the third quarter. Geode Capital Management LLC now owns 11,453,075 shares of the industrial products company’s stock worth $1,247,570,000 after acquiring an additional 162,985 shares during the period. Dynamic Advisor Solutions LLC increased its position in Emerson Electric by 8.5% during the third quarter. Dynamic Advisor Solutions LLC now owns 69,285 shares of the industrial products company’s stock worth $7,578,000 after acquiring an additional 5,416 shares during the period. Larson Financial Group LLC increased its position in Emerson Electric by 130.0% during the third quarter. Larson Financial Group LLC now owns 9,541 shares of the industrial products company’s stock worth $1,044,000 after acquiring an additional 5,393 shares during the period. Finally, V Square Quantitative Management LLC increased its position in Emerson Electric by 82.0% during the third quarter. V Square Quantitative Management LLC now owns 3,977 shares of the industrial products company’s stock worth $435,000 after acquiring an additional 1,792 shares during the period. 74.30% of the stock is owned by institutional investors.

Emerson Electric Stock Performance

EMR stock opened at $127.94 on Tuesday. The company has a quick ratio of 1.40, a current ratio of 1.77 and a debt-to-equity ratio of 0.26. The business’s fifty day simple moving average is $127.13 and its two-hundred day simple moving average is $116.44. Emerson Electric Co. has a twelve month low of $92.16 and a twelve month high of $134.85. The firm has a market cap of $72.87 billion, a price-to-earnings ratio of 37.41, a PEG ratio of 2.22 and a beta of 1.34.

Insiders Place Their Bets

In other Emerson Electric 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 value of $2,711,289.00. Following the sale, the senior vice president now owns 262,408 shares in the company, valued at $33,052,911.68. This trade represents a 7.58 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 0.50% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Royal Bank of Canada lowered their price target on shares of Emerson Electric from $139.00 to $138.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 6th. KeyCorp raised their target price on shares of Emerson Electric from $140.00 to $158.00 and gave the company an “overweight” rating in a report on Monday, December 9th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Emerson Electric from $136.00 to $140.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. StockNews.com lowered shares of Emerson Electric from a “buy” rating to a “hold” rating in a report on Wednesday, January 1st. Finally, Wells Fargo & Company decreased their target price on shares of Emerson Electric from $145.00 to $140.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $136.45.

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.