Emerson Electric Co. (NYSE:EMR) Shares Sold by Little House Capital LLC

Little House Capital LLC trimmed its stake in shares of Emerson Electric Co. (NYSE:EMR) by 16.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,899 shares of the industrial products company’s stock after selling 2,867 shares during the period. Little House Capital LLC’s holdings in Emerson Electric were worth $1,450,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Paradigm Financial Partners LLC grew its holdings in Emerson Electric by 1.1% during the fourth quarter. Paradigm Financial Partners LLC now owns 18,532 shares of the industrial products company’s stock worth $1,804,000 after acquiring an additional 209 shares during the period. Sargent Investment Group LLC grew its holdings in Emerson Electric by 0.9% during the fourth quarter. Sargent Investment Group LLC now owns 21,844 shares of the industrial products company’s stock worth $2,126,000 after acquiring an additional 185 shares during the period. Transcend Capital Advisors LLC boosted its position in Emerson Electric by 7.6% during the fourth quarter. Transcend Capital Advisors LLC now owns 4,006 shares of the industrial products company’s stock worth $390,000 after purchasing an additional 284 shares in the last quarter. Addison Advisors LLC boosted its position in Emerson Electric by 218.8% during the fourth quarter. Addison Advisors LLC now owns 1,610 shares of the industrial products company’s stock worth $157,000 after purchasing an additional 1,105 shares in the last quarter. Finally, Citizens Financial Group Inc. RI boosted its position in Emerson Electric by 4.2% during the fourth quarter. Citizens Financial Group Inc. RI now owns 91,113 shares of the industrial products company’s stock worth $8,868,000 after purchasing an additional 3,674 shares in the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Mark A. Blinn sold 2,413 shares of Emerson Electric stock in a transaction on Friday, February 9th. The stock was 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.25% of the stock is owned by insiders.

Emerson Electric Trading Up 0.3 %

EMR stock traded up $0.29 during midday trading on Friday, hitting $109.89. 1,364,495 shares of the company’s stock were exchanged, compared to its average volume of 1,854,608. The business has a 50-day simple moving average of $110.38 and a two-hundred day simple moving average of $99.30. The company has a current ratio of 1.12, a quick ratio of 0.80 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $62.73 billion, a PE ratio of 5.72, a P/E/G ratio of 1.90 and a beta of 1.37. Emerson Electric Co. has a 1-year low of $76.94 and a 1-year high of $115.26.

Emerson Electric (NYSE:EMR) last posted its earnings results on Wednesday, February 7th. The industrial products company reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.04 by $0.18. The company had revenue of $4.12 billion during the quarter, compared to analysts’ expectations of $3.91 billion. Emerson Electric had a return on equity of 11.59% and a net margin of 69.33%. The firm’s quarterly revenue was up 22.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.78 earnings per share. On average, sell-side analysts predict that Emerson Electric Co. will post 5.4 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Friday, February 16th were paid a dividend of $0.525 per share. The ex-dividend date was Thursday, February 15th. This represents a $2.10 annualized dividend and a yield of 1.91%. Emerson Electric’s dividend payout ratio (DPR) is 10.94%.

Analysts Set New Price Targets

A number of brokerages have issued reports on EMR. Citigroup increased their price target on Emerson Electric from $120.00 to $133.00 and gave the stock a “buy” rating in a research report on Monday, April 8th. Mizuho increased their price target on Emerson Electric from $118.00 to $130.00 and gave the stock a “buy” rating in a research report on Thursday, February 8th. UBS Group increased their price target on Emerson Electric from $95.00 to $120.00 and gave the stock a “neutral” rating in a research report on Thursday, March 21st. Barclays raised their target price on Emerson Electric from $95.00 to $105.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 2nd. Finally, KeyCorp raised 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. Three equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $116.25.

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.