GW Henssler & Associates Ltd. Sells 8,925 Shares of Emerson Electric Co. (NYSE:EMR)

GW Henssler & Associates Ltd. lessened its stake in shares of Emerson Electric Co. (NYSE:EMR - Free Report) by 5.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 149,057 shares of the industrial products company's stock after selling 8,925 shares during the quarter. GW Henssler & Associates Ltd.'s holdings in Emerson Electric were worth $14,508,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. RB Capital Management LLC lifted its holdings in shares of Emerson Electric by 3.0% during the first quarter. RB Capital Management LLC now owns 5,358 shares of the industrial products company's stock valued at $525,000 after purchasing an additional 155 shares during the last quarter. Fairfield Bush & CO. purchased a new stake in shares of Emerson Electric during the first quarter valued at $116,000. Prudential PLC bought a new stake in Emerson Electric in the 1st quarter worth about $1,215,000. Sequoia Financial Advisors LLC boosted its stake in shares of Emerson Electric by 17.5% in the 1st quarter. Sequoia Financial Advisors LLC now owns 9,521 shares of the industrial products company's stock worth $934,000 after buying an additional 1,418 shares during the last quarter. Finally, Brighton Jones LLC lifted its stake in shares of Emerson Electric by 31.8% in the 1st quarter. Brighton Jones LLC now owns 3,856 shares of the industrial products company's stock worth $378,000 after purchasing an additional 931 shares during the period. Institutional investors own 74.30% of the company's stock.

Insider Activity

In related news, Director Mark A. Blinn sold 2,413 shares of the company's stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $103.18, for a total value of $248,973.34. Following the completion of the sale, the director now directly owns 9,591 shares of the company's stock, valued at $989,599.38. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.25% of the company's stock.

Analysts Set New Price Targets

EMR has been the topic of a number of recent research reports. KeyCorp lifted their target price on Emerson Electric from $120.00 to $125.00 and gave the company an "overweight" rating in a research report on Thursday, February 8th. Royal Bank of Canada lifted their target price on shares of Emerson Electric from $106.00 to $120.00 and gave the company an "outperform" rating in a research note on Thursday, February 8th. Berenberg Bank increased their price target on Emerson Electric from $100.00 to $130.00 and gave the stock a "buy" rating in a research note on Wednesday, March 6th. Mizuho boosted their price objective on Emerson Electric from $118.00 to $130.00 and gave the company a "buy" rating in a research report on Thursday, February 8th. Finally, Wells Fargo & Company increased their price objective on shares of Emerson Electric from $100.00 to $120.00 and gave the company an "overweight" rating in a report on Tuesday, December 19th. Three analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $114.89.

Emerson Electric Trading Down 0.1 %

Shares of Emerson Electric stock traded down $0.15 during trading on Wednesday, hitting $114.10. The stock had a trading volume of 2,012,866 shares, compared to its average volume of 2,719,771. The stock has a market cap of $65.13 billion, a PE ratio of 5.93, a PEG ratio of 1.98 and a beta of 1.37. Emerson Electric Co. has a 12 month low of $76.94 and a 12 month high of $115.26. The firm's fifty day simple moving average is $107.69 and its 200-day simple moving average is $97.97. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.12 and a quick ratio of 0.80.

Emerson Electric (NYSE:EMR - Get Free Report) last released its earnings results on Wednesday, February 7th. The industrial products company reported $1.22 EPS for the quarter, beating analysts' consensus estimates of $1.04 by $0.18. Emerson Electric had a return on equity of 11.59% and a net margin of 69.33%. The firm had revenue of $4.12 billion for the quarter, compared to analysts' expectations of $3.91 billion. During the same quarter in the prior year, the firm posted $0.78 earnings per share. The company's quarterly revenue was up 22.1% on a year-over-year basis. As a group, sell-side analysts expect that Emerson Electric Co. will post 5.4 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Friday, February 16th were paid a $0.525 dividend. The ex-dividend date was Thursday, February 15th. This represents a $2.10 dividend on an annualized basis and a yield of 1.84%. Emerson Electric's dividend payout ratio is currently 10.94%.

Emerson Electric Company 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.

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