GW Henssler & Associates Ltd. Reduces Stock Position in Emerson Electric Co. (NYSE:EMR)

GW Henssler & Associates Ltd. trimmed its stake in shares of Emerson Electric Co. (NYSE:EMR) by 1.1% in the 4th quarter, Holdings Channel reports. The firm owned 163,690 shares of the industrial products company’s stock after selling 1,863 shares during the period. GW Henssler & Associates Ltd.’s holdings in Emerson Electric were worth $20,286,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Capital Performance Advisors LLP bought a new position in shares of Emerson Electric during the 3rd quarter valued at $25,000. Sugar Maple Asset Management LLC purchased a new stake in Emerson Electric during the fourth quarter valued at $27,000. Darwin Wealth Management LLC bought a new position in Emerson Electric in the third quarter valued at about $29,000. Morton Brown Family Wealth LLC bought a new stake in shares of Emerson Electric during the 3rd quarter valued at about $33,000. Finally, Frazier Financial Advisors LLC purchased a new stake in shares of Emerson Electric during the 3rd quarter valued at about $33,000. Institutional investors own 74.30% of the company’s stock.

Insider Activity

In other news, SVP Michael H. Train sold 21,525 shares of the company’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $125.96, for a total transaction of $2,711,289.00. Following the sale, the senior vice president now directly owns 262,408 shares in the company, valued at approximately $33,052,911.68. This represents a 7.58 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.50% of the company’s stock.

Emerson Electric Trading Down 0.5 %

Shares of Emerson Electric stock opened at $129.85 on Monday. 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 firm has a market cap of $73.95 billion, a price-to-earnings ratio of 37.97, a PEG ratio of 2.20 and a beta of 1.35. Emerson Electric Co. has a twelve month low of $91.64 and a twelve month high of $134.85. The business has a 50-day moving average price of $127.13 and a 200-day moving average price of $116.45.

Emerson Electric Increases Dividend

The company also recently disclosed 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 represents a $2.11 annualized dividend and a dividend yield of 1.62%. This is a boost from Emerson Electric’s previous quarterly dividend of $0.53. The ex-dividend date was Friday, November 15th. Emerson Electric’s dividend payout ratio is 61.70%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on EMR. StockNews.com lowered shares of Emerson Electric from a “buy” rating to a “hold” rating in a research report on Wednesday, January 1st. Jefferies Financial Group started coverage on shares of Emerson Electric in a research report on Thursday, December 12th. They set a “buy” rating and a $160.00 price objective for the company. Barclays raised their target price on Emerson Electric from $116.00 to $135.00 and gave the stock an “equal weight” rating in a report on Thursday, December 5th. Loop Capital boosted their price target on Emerson Electric from $130.00 to $155.00 and gave the company a “buy” rating in a report on Monday, December 2nd. Finally, KeyCorp lifted their price objective on Emerson Electric from $140.00 to $158.00 and gave the company an “overweight” rating in a research report on Monday, December 9th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $136.45.

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.