HBW Advisory Services LLC Buys 122 Shares of Emerson Electric Co. (NYSE:EMR)

HBW Advisory Services LLC boosted its stake in shares of Emerson Electric Co. (NYSE:EMR) by 6.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,976 shares of the industrial products company’s stock after purchasing an additional 122 shares during the quarter. HBW Advisory Services LLC’s holdings in Emerson Electric were worth $245,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in EMR. Capital Performance Advisors LLP bought a new position in shares of Emerson Electric during the 3rd quarter worth approximately $25,000. Darwin Wealth Management LLC acquired a new position in shares of Emerson Electric during the third quarter worth $29,000. Frazier Financial Advisors LLC acquired a new stake in shares of Emerson Electric in the 3rd quarter worth $33,000. Meeder Asset Management Inc. grew its stake in Emerson Electric by 361.5% during the 2nd quarter. Meeder Asset Management Inc. now owns 300 shares of the industrial products company’s stock worth $33,000 after buying an additional 235 shares during the last quarter. Finally, Morton Brown Family Wealth LLC acquired a new position in Emerson Electric during the 3rd quarter valued at about $33,000. 74.30% of the stock is currently owned by institutional investors.

Insider Activity

In other Emerson Electric news, SVP Michael H. Train sold 21,525 shares of the stock in a transaction on 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 transaction, the senior vice president now directly owns 262,408 shares of the company’s stock, valued at $33,052,911.68. This trade represents a 7.58 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.50% of the company’s stock.

Emerson Electric Price Performance

Shares of Emerson Electric stock opened at $117.64 on Friday. The firm has a market cap of $67.00 billion, a PE ratio of 34.40, a P/E/G ratio of 2.19 and a beta of 1.35. The business has a 50-day moving average price of $127.08 and a 200 day moving average price of $114.81. The company has a quick ratio of 1.40, a current ratio of 1.77 and a debt-to-equity ratio of 0.26. Emerson Electric Co. has a twelve month low of $91.64 and a twelve month high of $134.85.

Emerson Electric Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Friday, November 15th were paid a dividend of $0.5275 per share. This represents a $2.11 annualized dividend 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 is presently 61.70%.

Wall Street Analysts Forecast Growth

EMR has been the topic of a number of research analyst reports. Jefferies Financial Group began coverage on Emerson Electric in a research note on Thursday, December 12th. They set a “buy” rating and a $160.00 price target on the stock. StockNews.com lowered shares of Emerson Electric from a “buy” rating to a “hold” rating in a research note on Wednesday, January 1st. KeyCorp boosted their price objective on shares of Emerson Electric from $140.00 to $158.00 and gave the company an “overweight” rating in a report on Monday, December 9th. Stephens cut Emerson Electric from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $135.00 to $120.00 in a research report on Wednesday, October 16th. Finally, Royal Bank of Canada cut their price objective on Emerson Electric from $139.00 to $138.00 and set an “outperform” rating on the stock in a report on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $134.84.

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.