Emerson Electric Company (NYSE:EMR) VP Bell Katherine Button sold 7,518 shares of the company’s stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $66.36, for a total transaction of $498,894.48. Following the transaction, the vice president now owns 36,877 shares in the company, valued at $2,447,157.72. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Bell Katherine Button also recently made the following trade(s):

  • On Thursday, November 30th, Bell Katherine Button sold 7,909 shares of Emerson Electric stock. The shares were sold at an average price of $64.78, for a total transaction of $512,345.02.

Emerson Electric Company (NYSE EMR) traded up $0.75 during trading on Friday, reaching $67.26. 4,172,223 shares of the company’s stock traded hands, compared to its average volume of 4,090,000. The stock has a market cap of $43,170.00, a PE ratio of 26.05, a price-to-earnings-growth ratio of 3.02 and a beta of 1.24. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.30 and a current ratio of 1.64. Emerson Electric Company has a 12 month low of $55.40 and a 12 month high of $67.83.

Emerson Electric (NYSE:EMR) last released its quarterly earnings data on Tuesday, November 7th. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.83. The company had revenue of $4.44 billion during the quarter, compared to analysts’ expectations of $4.43 billion. Emerson Electric had a net margin of 9.94% and a return on equity of 20.47%. The firm’s quarterly revenue was up 12.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.74 EPS. research analysts predict that Emerson Electric Company will post 2.92 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 11th. Shareholders of record on Friday, November 17th were given a $0.485 dividend. This represents a $1.94 annualized dividend and a yield of 2.88%. This is a boost from Emerson Electric’s previous quarterly dividend of $0.48. The ex-dividend date was Thursday, November 16th. Emerson Electric’s payout ratio is 75.78%.

A number of institutional investors have recently added to or reduced their stakes in EMR. Vanguard Group Inc. lifted its position in shares of Emerson Electric by 1.1% in the 2nd quarter. Vanguard Group Inc. now owns 44,195,877 shares of the industrial products company’s stock worth $2,634,958,000 after purchasing an additional 497,625 shares during the period. BlackRock Inc. lifted its position in shares of Emerson Electric by 1.9% in the 2nd quarter. BlackRock Inc. now owns 40,954,867 shares of the industrial products company’s stock worth $2,441,728,000 after purchasing an additional 778,791 shares during the period. Longview Partners Guernsey LTD lifted its position in shares of Emerson Electric by 9.0% in the 3rd quarter. Longview Partners Guernsey LTD now owns 13,758,325 shares of the industrial products company’s stock worth $864,573,000 after purchasing an additional 1,134,275 shares during the period. Bank of New York Mellon Corp lifted its position in shares of Emerson Electric by 4.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 13,355,963 shares of the industrial products company’s stock worth $839,288,000 after purchasing an additional 597,993 shares during the period. Finally, Capital World Investors lifted its position in shares of Emerson Electric by 4.6% in the 2nd quarter. Capital World Investors now owns 11,450,000 shares of the industrial products company’s stock worth $682,649,000 after purchasing an additional 500,000 shares during the period. 69.00% of the stock is owned by institutional investors.

EMR has been the topic of several analyst reports. Edward Jones downgraded shares of Emerson Electric from a “buy” rating to a “hold” rating in a report on Friday, November 17th. Cowen upgraded shares of Emerson Electric to a “buy” rating and set a $71.00 price target on the stock in a report on Monday, October 23rd. Royal Bank of Canada reiterated a “neutral” rating on shares of Emerson Electric in a report on Thursday, November 9th. Citigroup reiterated a “sell” rating and set a $61.00 price target (up from $58.00) on shares of Emerson Electric in a report on Monday, October 9th. Finally, Wells Fargo & Company reiterated a “market perform” rating and set a $65.00 price target (up from $60.00) on shares of Emerson Electric in a report on Wednesday, November 8th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $65.86.

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About Emerson Electric

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.

Insider Buying and Selling by Quarter for Emerson Electric (NYSE:EMR)

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