Hengehold Capital Management LLC trimmed its position in Emerson Electric Co. (NYSE:EMR) by 0.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 67,809 shares of the industrial products company’s stock after selling 307 shares during the period. Emerson Electric comprises 0.9% of Hengehold Capital Management LLC’s investment portfolio, making the stock its 17th largest position. Hengehold Capital Management LLC’s holdings in Emerson Electric were worth $5,171,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Gradient Investments LLC lifted its position in Emerson Electric by 164.4% during the 3rd quarter. Gradient Investments LLC now owns 386 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 240 shares during the period. Candriam Luxembourg S.C.A. grew its holdings in Emerson Electric by 12.8% in the third quarter. Candriam Luxembourg S.C.A. now owns 382,028 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 43,374 shares during the period. Ellevest Inc. grew its holdings in Emerson Electric by 110.0% in the second quarter. Ellevest Inc. now owns 420 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 220 shares during the period. Garrett Wealth Advisory Group LLC purchased a new stake in Emerson Electric in the third quarter worth about $31,000. Finally, Massey Quick Simon & CO. LLC increased its stake in shares of Emerson Electric by 1,823.1% during the third quarter. Massey Quick Simon & CO. LLC now owns 500 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 474 shares in the last quarter. Institutional investors and hedge funds own 70.51% of the company’s stock.

Several equities analysts have recently issued reports on the stock. Stephens reiterated a “buy” rating and set a $86.00 target price on shares of Emerson Electric in a report on Monday, December 16th. Wolfe Research set a $72.00 price objective on Emerson Electric and gave the company a “buy” rating in a research report on Thursday, September 26th. ValuEngine cut Emerson Electric from a “buy” rating to a “hold” rating in a research note on Monday, November 25th. Citigroup lifted their price objective on Emerson Electric from $77.00 to $83.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Finally, Morgan Stanley boosted their target price on Emerson Electric from $82.00 to $85.00 and gave the stock an “overweight” rating in a report on Wednesday, December 11th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the company’s stock. Emerson Electric presently has an average rating of “Hold” and a consensus target price of $76.25.

In other news, insider Robert T. Sharp sold 7,000 shares of the firm’s stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $76.13, for a total transaction of $532,910.00. Following the sale, the insider now owns 131,315 shares of the company’s stock, valued at approximately $9,997,010.95. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Mark A. Blinn purchased 1,400 shares of Emerson Electric stock in a transaction dated Friday, November 15th. The stock was bought at an average price of $73.11 per share, with a total value of $102,354.00. Following the completion of the purchase, the director now directly owns 2,413 shares of the company’s stock, valued at $176,414.43. The disclosure for this purchase can be found here. Insiders sold 63,565 shares of company stock valued at $4,701,330 in the last 90 days. Company insiders own 0.50% of the company’s stock.

Shares of EMR traded down $1.07 on Friday, hitting $76.52. 1,269,047 shares of the stock traded hands, compared to its average volume of 2,195,431. Emerson Electric Co. has a one year low of $55.98 and a one year high of $78.38. The company has a market capitalization of $46.92 billion, a PE ratio of 20.63, a P/E/G ratio of 2.67 and a beta of 1.38. The business has a 50 day simple moving average of $76.52 and a 200 day simple moving average of $68.68. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.88 and a current ratio of 1.19.

Emerson Electric (NYSE:EMR) last released its quarterly earnings data on Tuesday, November 5th. The industrial products company reported $1.07 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.07. Emerson Electric had a return on equity of 26.32% and a net margin of 12.55%. The business had revenue of $4.97 billion for the quarter, compared to analysts’ expectations of $5.02 billion. During the same period in the prior year, the firm posted $0.89 EPS. The firm’s quarterly revenue was up 1.7% on a year-over-year basis. On average, equities analysts expect that Emerson Electric Co. will post 3.63 earnings per share for the current year.

Emerson Electric Company Profile

Emerson Electric Co, a technology and engineering company, provides various solutions to industrial, commercial, and consumer markets worldwide. The company's Automation Solutions segment offers products and integrated solutions, including measurement and analytical instrumentation; valves, actuators, and regulators; industrial solutions; and process control systems and solutions.

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

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