Emerson Electric Co. (NYSE:EMR) Shares Sold by Brown Advisory Inc.

Brown Advisory Inc. reduced its stake in shares of Emerson Electric Co. (NYSE:EMR - Free Report) by 1.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 145,056 shares of the industrial products company's stock after selling 2,675 shares during the quarter. Brown Advisory Inc.'s holdings in Emerson Electric were worth $17,977,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in EMR. Stephens Consulting LLC purchased a new position in Emerson Electric during the fourth quarter valued at approximately $25,000. Sugar Maple Asset Management LLC bought a new position in shares of Emerson Electric in the 4th quarter worth $27,000. Murphy & Mullick Capital Management Corp purchased a new stake in shares of Emerson Electric during the 4th quarter worth $28,000. YANKCOM Partnership bought a new stake in Emerson Electric during the fourth quarter valued at about $30,000. Finally, Fiduciary Advisors Inc. purchased a new position in Emerson Electric in the fourth quarter valued at about $35,000. Hedge funds and other institutional investors own 74.30% of the company's stock.

Insiders Place Their Bets

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 16,698 shares of the firm's stock in a transaction on Thursday, May 8th. The stock was sold at an average price of $113.33, for a total value of $1,892,384.34. Following the completion of the sale, the chief executive officer now directly owns 164,957 shares of the company's stock, valued at $18,694,576.81. This trade represents a 9.19 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.50% of the stock is currently owned by corporate insiders.

Emerson Electric Price Performance

Shares of NYSE:EMR traded up $0.17 during trading on Friday, reaching $112.55. 2,581,429 shares of the company's stock traded hands, compared to its average volume of 2,876,272. The firm has a market cap of $63.47 billion, a PE ratio of 26.86, a P/E/G ratio of 2.49 and a beta of 1.26. The company has a 50-day simple moving average of $106.79 and a 200-day simple moving average of $118.45. 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 fifty-two week low of $90.06 and a fifty-two week high of $134.85.

Emerson Electric (NYSE:EMR - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The industrial products company reported $1.48 earnings per share for the quarter, topping analysts' consensus estimates of $1.41 by $0.07. The company had revenue of $4.43 billion during the quarter, compared to analysts' expectations of $4.42 billion. Emerson Electric had a net margin of 13.74% and a return on equity of 12.08%. The firm's revenue for the quarter was up 1.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.36 earnings per share. As a group, analysts predict that Emerson Electric Co. will post 5.96 earnings per share for the current year.

Emerson Electric Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Friday, May 16th will be issued a $0.5275 dividend. The ex-dividend date is Friday, May 16th. This represents a $2.11 dividend on an annualized basis and a yield of 1.87%. Emerson Electric's payout ratio is currently 50.36%.

Analyst Upgrades and Downgrades

EMR has been the topic of a number of recent analyst reports. StockNews.com upgraded shares of Emerson Electric from a "hold" rating to a "buy" rating in a report on Friday. Royal Bank of Canada lifted their price target on shares of Emerson Electric from $123.00 to $124.00 and gave the stock an "outperform" rating in a report on Thursday. Robert W. Baird decreased their price objective on Emerson Electric from $140.00 to $130.00 and set a "neutral" rating for the company in a report on Thursday. Daiwa America upgraded Emerson Electric to a "strong-buy" rating in a research note on Tuesday, January 28th. Finally, Barclays increased their price target on Emerson Electric from $99.00 to $104.00 and gave the company an "underweight" rating in a research note on Thursday. Two analysts have rated the stock with a sell rating, four have given a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $131.11.

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.