Imprint Wealth LLC Decreases Position in Emerson Electric Co. (NYSE:EMR)

Imprint Wealth LLC decreased its position in Emerson Electric Co. (NYSE:EMR) by 1.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 10,376 shares of the industrial products company’s stock after selling 116 shares during the period. Imprint Wealth LLC’s holdings in Emerson Electric were worth $1,010,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. PFG Advisors raised its holdings in shares of Emerson Electric by 4.5% in the 4th quarter. PFG Advisors now owns 2,495 shares of the industrial products company’s stock valued at $243,000 after purchasing an additional 108 shares in the last quarter. Capstone Triton Financial Group LLC boosted its holdings in shares of Emerson Electric by 1.0% in the 3rd quarter. Capstone Triton Financial Group LLC now owns 11,747 shares of the industrial products company’s stock valued at $1,134,000 after buying an additional 113 shares in the last quarter. Accel Wealth Management increased its position in shares of Emerson Electric by 3.6% during the fourth quarter. Accel Wealth Management now owns 3,239 shares of the industrial products company’s stock worth $315,000 after purchasing an additional 114 shares in the last quarter. Silverlake Wealth Management LLC boosted its position in shares of Emerson Electric by 2.8% in the 4th quarter. Silverlake Wealth Management LLC now owns 4,256 shares of the industrial products company’s stock worth $414,000 after purchasing an additional 115 shares in the last quarter. Finally, Cooper Financial Group grew its stake in Emerson Electric by 2.4% during the 4th quarter. Cooper Financial Group now owns 5,019 shares of the industrial products company’s stock worth $488,000 after buying an additional 120 shares during the last quarter. 74.30% of the stock is owned by institutional investors.

Emerson Electric Stock Performance

Shares of NYSE EMR traded down $0.39 during midday trading on Tuesday, reaching $111.37. 647,651 shares of the stock were exchanged, compared to its average volume of 2,652,813. The company has a quick ratio of 0.80, a current ratio of 1.12 and a debt-to-equity ratio of 0.29. The firm has a 50-day simple moving average of $109.27 and a two-hundred day simple moving average of $98.43. Emerson Electric Co. has a twelve month low of $76.94 and a twelve month high of $115.26. The firm has a market cap of $63.57 billion, a price-to-earnings ratio of 5.82, a PEG ratio of 1.95 and a beta of 1.37.

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

Emerson Electric Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Stockholders of record on Friday, February 16th were given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date was Thursday, February 15th. Emerson Electric’s dividend payout ratio (DPR) is presently 10.94%.

Insider Activity

In other news, Director Mark A. Blinn sold 2,413 shares of Emerson Electric 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 sale, the director now owns 9,591 shares in the company, valued at $989,599.38. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.25% of the company’s stock.

Wall Street Analyst Weigh In

EMR has been the subject of several recent analyst reports. Royal Bank of Canada raised their price target on Emerson Electric from $106.00 to $120.00 and gave the stock an “outperform” rating in a report on Thursday, February 8th. Wells Fargo & Company upped their price target on shares of Emerson Electric from $100.00 to $120.00 and gave the company an “overweight” rating in a research note on Tuesday, December 19th. Mizuho lifted their price objective on shares of Emerson Electric from $118.00 to $130.00 and gave the stock a “buy” rating in a research note on Thursday, February 8th. UBS Group upped their target price on Emerson Electric from $95.00 to $120.00 and gave the company a “neutral” rating in a research report on Thursday, March 21st. Finally, KeyCorp boosted their price target on Emerson Electric from $120.00 to $125.00 and gave the company an “overweight” rating in a research note on Thursday, February 8th. Three analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $115.47.

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.