Shufro Rose & Co. LLC lowered its stake in Emerson Electric Company (NYSE:EMR) by 0.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 40,275 shares of the company’s stock after selling 335 shares during the period. Shufro Rose & Co. LLC’s holdings in Emerson Electric Company were worth $2,196,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in EMR. Robeco Institutional Asset Management B.V. raised its position in Emerson Electric Company by 19.4% in the second quarter. Robeco Institutional Asset Management B.V. now owns 55,835 shares of the company’s stock valued at $2,911,000 after buying an additional 9,057 shares during the period. Goelzer Investment Management Inc. increased its stake in Emerson Electric Company by 1.2% in the second quarter. Goelzer Investment Management Inc. now owns 7,051 shares of the company’s stock valued at $368,000 after buying an additional 84 shares in the last quarter. Dynamic Advisors Solutions LLC increased its stake in Emerson Electric Company by 1.1% in the second quarter. Dynamic Advisors Solutions LLC now owns 71,258 shares of the company’s stock valued at $3,717,000 after buying an additional 809 shares in the last quarter. Country Club Trust Company n.a. increased its stake in Emerson Electric Company by 1.9% in the second quarter. Country Club Trust Company n.a. now owns 8,191 shares of the company’s stock valued at $427,000 after buying an additional 150 shares in the last quarter. Finally, Rothschild Investment Corp IL increased its stake in Emerson Electric Company by 2.7% in the second quarter. Rothschild Investment Corp IL now owns 15,307 shares of the company’s stock valued at $798,000 after buying an additional 404 shares in the last quarter. 69.86% of the stock is currently owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Emerson Electric Company (NYSE:EMR)

Shares of Emerson Electric Company (NYSE:EMR) traded down 0.73% during mid-day trading on Friday, hitting $57.05. The stock had a trading volume of 2,310,065 shares. Emerson Electric Company has a 12-month low of $41.25 and a 12-month high of $58.28. The stock has a market cap of $36.67 billion, a price-to-earnings ratio of 22.64 and a beta of 1.20. The firm’s 50-day moving average price is $56.55 and its 200 day moving average price is $53.77.

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Several research firms have issued reports on EMR. Vetr upgraded Emerson Electric Company from a “strong sell” rating to a “sell” rating and set a $47.31 price objective on the stock in a report on Monday, October 10th. Bank of America upgraded Emerson Electric Company from an “underperform” rating to a “neutral” rating and lifted their price objective for the stock from $45.00 to $60.00 in a report on Monday. HSBC began coverage on Emerson Electric Company in a report on Friday, October 7th. They set a “reduce” rating on the stock. RBC Capital Markets set a $48.00 price objective on Emerson Electric Company and gave the stock a “hold” rating in a report on Wednesday, January 4th. Finally, TheStreet downgraded Emerson Electric Company from a “buy” rating to a “hold” rating in a report on Tuesday, November 1st. Five analysts have rated the stock with a sell rating, nineteen have given a hold rating and two have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $51.56.

Emerson Electric Company Company Profile

Emerson Electric Co is a diversified global manufacturing company, which provides solutions to customers by bringing technology and engineering together in the industrial, commercial and consumer markets around the world. The Company operates through four segments based on the nature of the products and services rendered: Process Management, Industrial Automation, Climate Technologies and Commercial & Residential Solutions.

5 Day Chart for NYSE:EMR

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