Emerson Electric Co. (NYSE:EMR) Shares Sold by Mather Group LLC.

Mather Group LLC. lessened its stake in Emerson Electric Co. (NYSE:EMR) by 5.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,642 shares of the industrial products company’s stock after selling 252 shares during the quarter. Mather Group LLC.’s holdings in Emerson Electric were worth $575,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. Stephens Consulting LLC acquired a new stake in Emerson Electric during the fourth quarter worth about $25,000. Sugar Maple Asset Management LLC acquired a new stake in Emerson Electric during the fourth quarter worth about $27,000. Capital Performance Advisors LLP acquired a new stake in Emerson Electric during the third quarter worth about $25,000. Darwin Wealth Management LLC acquired a new stake in Emerson Electric during the third quarter worth about $29,000. Finally, Fiduciary Advisors Inc. acquired a new stake in Emerson Electric during the fourth quarter worth about $35,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Emerson Electric Trading Down 2.3 %

Shares of NYSE:EMR opened at $124.81 on Thursday. The stock has a market capitalization of $71.08 billion, a price-to-earnings ratio of 36.50, a PEG ratio of 2.22 and a beta of 1.34. Emerson Electric Co. has a 1-year low of $93.03 and a 1-year high of $134.85. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.40 and a current ratio of 1.77. The company has a 50 day moving average price of $126.93 and a 200 day moving average price of $116.61.

Emerson Electric (NYSE:EMR) last issued its earnings results on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share for the quarter, topping analysts’ consensus estimates of $1.28 by $0.10. Emerson Electric had a net margin of 11.25% and a return on equity of 11.73%. On average, research analysts anticipate that Emerson Electric Co. will post 5.91 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on EMR shares. Robert W. Baird increased their price objective on shares of Emerson Electric from $117.00 to $118.00 and gave the stock a “neutral” rating in a research note on Monday, November 4th. JPMorgan Chase & Co. dropped their price objective on shares of Emerson Electric from $137.00 to $135.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 15th. KeyCorp upped their target price on shares of Emerson Electric from $140.00 to $158.00 and gave the stock an “overweight” rating in a research report on Monday, December 9th. Daiwa Capital Markets assumed coverage on shares of Emerson Electric in a research report on Tuesday, January 28th. They issued an “outperform” rating and a $147.00 target price for the company. Finally, Stephens cut shares of Emerson Electric from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $135.00 to $120.00 in a research report on Wednesday, October 16th. One 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 presently has a consensus rating of “Moderate Buy” and a consensus target price 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.