Emerson Electric Co. $EMR Shares Sold by Aull & Monroe Investment Management Corp

Key Points

• Aull & Monroe Investment Management Corp reduced its stake in Emerson Electric Co. by 12.9%, owning 14,822 shares valued at approximately $1,976,000.
• Analysts have issued varying ratings for Emerson Electric, with target prices ranging from $127.00 to $172.00, leading to an average rating of "Moderate Buy."
• The company declared a quarterly dividend of $0.5275 per share, leading to an annualized dividend yield of 1.6% and a payout ratio of 45.38%.

Aull & Monroe Investment Management Corp lowered its holdings in shares of Emerson Electric Co. (NYSE:EMR - Free Report) by 12.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,822 shares of the industrial products company's stock after selling 2,200 shares during the period. Aull & Monroe Investment Management Corp's holdings in Emerson Electric were worth $1,976,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of EMR. Brighton Jones LLC lifted its stake in shares of Emerson Electric by 74.1% in the 4th quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company's stock worth $1,412,000 after acquiring an additional 4,850 shares during the period. GAMMA Investing LLC lifted its stake in shares of Emerson Electric by 16.8% in the 1st quarter. GAMMA Investing LLC now owns 10,274 shares of the industrial products company's stock worth $1,126,000 after acquiring an additional 1,479 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Emerson Electric by 15.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 347,763 shares of the industrial products company's stock worth $38,129,000 after acquiring an additional 46,998 shares during the period. Kingswood Wealth Advisors LLC lifted its stake in shares of Emerson Electric by 47.0% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 7,220 shares of the industrial products company's stock worth $793,000 after acquiring an additional 2,309 shares during the period. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in shares of Emerson Electric by 4.9% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 16,124 shares of the industrial products company's stock worth $1,768,000 after acquiring an additional 758 shares during the period. Hedge funds and other institutional investors own 74.30% of the company's stock.

Analyst Ratings Changes

Several analysts have recently commented on EMR shares. Wolfe Research reduced their target price on shares of Emerson Electric from $173.00 to $172.00 and set an "outperform" rating for the company in a research note on Wednesday, October 8th. Barclays upgraded shares of Emerson Electric from an "underweight" rating to an "equal weight" rating and increased their price target for the company from $125.00 to $127.00 in a report on Thursday, August 7th. Royal Bank Of Canada increased their price target on shares of Emerson Electric from $154.00 to $155.00 and gave the company an "outperform" rating in a report on Thursday. Stephens increased their price target on shares of Emerson Electric from $130.00 to $145.00 and gave the company an "equal weight" rating in a report on Wednesday, July 16th. Finally, Citigroup increased their price target on shares of Emerson Electric from $146.00 to $165.00 and gave the company a "buy" rating in a report on Monday, July 14th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Emerson Electric currently has an average rating of "Moderate Buy" and a consensus target price of $148.28.

Emerson Electric Stock Performance

NYSE:EMR opened at $129.34 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.63 and a debt-to-equity ratio of 0.42. The firm has a 50-day moving average price of $131.93 and a two-hundred day moving average price of $125.90. Emerson Electric Co. has a twelve month low of $90.06 and a twelve month high of $150.27. The company has a market capitalization of $72.79 billion, a P/E ratio of 27.81, a price-to-earnings-growth ratio of 2.24 and a beta of 1.29.

Emerson Electric (NYSE:EMR - Get Free Report) last posted its earnings results on Thursday, April 6th. The industrial products company reported $0.79 earnings per share for the quarter. The firm had revenue of $3.16 billion during the quarter. Emerson Electric had a net margin of 14.92% and a return on equity of 14.34%. As a group, research analysts expect that Emerson Electric Co. will post 5.96 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Friday, August 15th were issued a dividend of $0.5275 per share. The ex-dividend date was Friday, August 15th. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.6%. Emerson Electric's payout ratio is 45.38%.

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.

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