First National Bank & Trust Co. of Newtown Has $1.87 Million Position in Emerson Electric Co. (NYSE:EMR)

First National Bank & Trust Co. of Newtown reduced its stake in shares of Emerson Electric Co. (NYSE:EMR) by 16.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,048 shares of the industrial products company’s stock after selling 3,000 shares during the quarter. First National Bank & Trust Co. of Newtown’s holdings in Emerson Electric were worth $1,865,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Capital Performance Advisors LLP acquired a new stake in Emerson Electric in the third quarter valued at approximately $25,000. Stephens Consulting LLC acquired a new stake in Emerson Electric in the fourth quarter valued at approximately $25,000. Sugar Maple Asset Management LLC acquired a new stake in Emerson Electric in the fourth quarter valued at approximately $27,000. Darwin Wealth Management LLC acquired a new stake in Emerson Electric in the third quarter valued at approximately $29,000. Finally, YANKCOM Partnership acquired a new stake in Emerson Electric in the fourth quarter valued at approximately $30,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently commented on EMR shares. Robert W. Baird lifted their price target on shares of Emerson Electric from $117.00 to $118.00 and gave the company a “neutral” rating in a research report on Monday, November 4th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Emerson Electric from $136.00 to $140.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. Daiwa Capital Markets started coverage on shares of Emerson Electric in a research report on Tuesday, January 28th. They issued an “outperform” rating and a $147.00 price target on the stock. Royal Bank of Canada reissued an “outperform” rating and issued a $138.00 price target on shares of Emerson Electric in a research report on Thursday, February 6th. Finally, Barclays lifted their price target on shares of Emerson Electric from $116.00 to $135.00 and gave the company an “equal weight” rating in a research report on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $136.90.

Emerson Electric Trading Down 0.4 %

Shares of Emerson Electric stock opened at $124.47 on Thursday. The firm has a market capitalization of $70.19 billion, a PE ratio of 29.71, a price-to-earnings-growth ratio of 2.46 and a beta of 1.34. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.54 and a quick ratio of 1.17. The company’s fifty day moving average price is $125.38 and its two-hundred day moving average price is $117.35. Emerson Electric Co. has a 52-week low of $96.62 and a 52-week high of $134.85.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.10. Emerson Electric had a net margin of 13.74% and a return on equity of 12.08%. On average, analysts expect that Emerson Electric Co. will post 5.96 EPS for the current year.

Emerson Electric Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Friday, February 14th will be given a dividend of $0.5275 per share. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date is Friday, February 14th. Emerson Electric’s dividend payout ratio (DPR) is currently 50.36%.

Emerson Electric 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.