Farmers & Merchants Investments Inc. Sells 1,775 Shares of Emerson Electric Co. (NYSE:EMR)

Farmers & Merchants Investments Inc. decreased its position in shares of Emerson Electric Co. (NYSE:EMR) by 0.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 191,231 shares of the industrial products company’s stock after selling 1,775 shares during the quarter. Emerson Electric comprises 0.7% of Farmers & Merchants Investments Inc.’s holdings, making the stock its 28th largest holding. Farmers & Merchants Investments Inc.’s holdings in Emerson Electric were worth $23,699,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Capital Performance Advisors LLP bought a new stake in Emerson Electric during the 3rd quarter worth approximately $25,000. Stephens Consulting LLC purchased a new stake in Emerson Electric in the 4th quarter valued at $25,000. Sugar Maple Asset Management LLC bought a new position in Emerson Electric during the 4th quarter valued at $27,000. Darwin Wealth Management LLC purchased a new position in Emerson Electric during the 3rd quarter worth $29,000. Finally, YANKCOM Partnership bought a new stake in shares of Emerson Electric in the 4th quarter worth $30,000. 74.30% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

EMR has been the topic of several analyst reports. Robert W. Baird boosted their price target on shares of Emerson Electric from $117.00 to $118.00 and gave the stock a “neutral” rating in a report on Monday, November 4th. KeyCorp boosted their target price on Emerson Electric from $140.00 to $158.00 and gave the stock an “overweight” rating in a research note on Monday, December 9th. StockNews.com raised Emerson Electric from a “hold” rating to a “buy” rating in a research report on Friday. Loop Capital upped their price objective on Emerson Electric from $130.00 to $155.00 and gave the company a “buy” rating in a research note on Monday, December 2nd. Finally, Stephens cut Emerson Electric from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $135.00 to $120.00 in a research note on Wednesday, October 16th. One analyst has rated the stock with a sell rating, five have given a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $136.90.

Emerson Electric Stock Performance

NYSE:EMR opened at $124.37 on Friday. Emerson Electric Co. has a 52-week low of $96.62 and a 52-week high of $134.85. The business’s fifty day moving average is $126.51 and its 200 day moving average is $116.79. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.40 and a current ratio of 1.54. The firm has a market cap of $70.83 billion, a price-to-earnings ratio of 29.68, a PEG ratio of 2.16 and a beta of 1.34.

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, topping analysts’ consensus estimates of $1.28 by $0.10. Emerson Electric had a net margin of 13.74% and a return on equity of 12.08%. Research analysts predict that Emerson Electric Co. will post 5.95 EPS for the current year.

Emerson Electric Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, February 14th will be given a dividend of $0.5275 per share. The ex-dividend date is Friday, February 14th. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.70%. 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.