Emerson Electric Co. (NYSE:EMR) Holdings Trimmed by ORG Wealth Partners LLC

ORG Wealth Partners LLC trimmed its holdings in Emerson Electric Co. (NYSE:EMR) by 84.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 647 shares of the industrial products company’s stock after selling 3,404 shares during the quarter. ORG Wealth Partners LLC’s holdings in Emerson Electric were worth $80,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the business. Wilmington Savings Fund Society FSB grew its position in Emerson Electric by 120.1% in the third quarter. Wilmington Savings Fund Society FSB now owns 56,341 shares of the industrial products company’s stock worth $6,162,000 after buying an additional 30,741 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Emerson Electric by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 11,453,075 shares of the industrial products company’s stock worth $1,247,570,000 after acquiring an additional 162,985 shares during the last quarter. Bank of Montreal Can raised its position in shares of Emerson Electric by 17.0% during the second quarter. Bank of Montreal Can now owns 1,339,301 shares of the industrial products company’s stock worth $152,359,000 after purchasing an additional 194,944 shares during the period. Dynamic Advisor Solutions LLC boosted its position in shares of Emerson Electric by 8.5% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 69,285 shares of the industrial products company’s stock valued at $7,578,000 after purchasing an additional 5,416 shares during the period. Finally, Larson Financial Group LLC increased its stake in Emerson Electric by 130.0% in the 3rd quarter. Larson Financial Group LLC now owns 9,541 shares of the industrial products company’s stock worth $1,044,000 after purchasing an additional 5,393 shares in the last quarter. Institutional investors and hedge funds own 74.30% of the company’s stock.

Insiders Place Their Bets

In other Emerson Electric 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 completion of the sale, the senior vice president now directly owns 262,408 shares in the company, valued at $33,052,911.68. This represents a 7.58 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.50% of the company’s stock.

Analyst Ratings Changes

EMR has been the subject of several recent analyst reports. StockNews.com cut shares of Emerson Electric from a “buy” rating to a “hold” rating in a report on Wednesday, January 1st. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Emerson Electric from $136.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. Loop Capital increased their target price on Emerson Electric from $130.00 to $155.00 and gave the company a “buy” rating in a report on Monday, December 2nd. Wells Fargo & Company lowered their price target on Emerson Electric from $145.00 to $140.00 and set an “overweight” rating on the stock in a report on Tuesday. Finally, Robert W. Baird raised their price objective on Emerson Electric from $117.00 to $118.00 and gave the stock a “neutral” rating in a research report on Monday, November 4th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat.com, Emerson Electric currently has an average rating of “Moderate Buy” and an average target price of $134.84.

Emerson Electric Trading Down 2.2 %

Shares of NYSE:EMR opened at $117.64 on Friday. Emerson Electric Co. has a 1 year low of $91.64 and a 1 year high of $134.85. The firm has a fifty day moving average price of $127.08 and a 200 day moving average price of $114.76. The company has a current ratio of 1.77, a quick ratio of 1.40 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $67.00 billion, a PE ratio of 34.40, a P/E/G ratio of 2.19 and a beta of 1.35.

Emerson Electric Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Friday, November 15th were paid a $0.5275 dividend. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.79%. This is an increase from Emerson Electric’s previous quarterly dividend of $0.53. The ex-dividend date of this dividend was Friday, November 15th. Emerson Electric’s dividend payout ratio (DPR) is presently 61.70%.

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.