Revisor Wealth Management LLC Has $346,000 Stock Holdings in Emerson Electric Co. (NYSE:EMR)

Revisor Wealth Management LLC cut its stake in shares of Emerson Electric Co. (NYSE:EMR) by 35.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,794 shares of the industrial products company’s stock after selling 1,524 shares during the period. Revisor Wealth Management LLC’s holdings in Emerson Electric were worth $346,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of EMR. Stephens Consulting LLC acquired a new position in Emerson Electric during the fourth quarter valued at approximately $25,000. Orion Capital Management LLC acquired a new position in Emerson Electric during the fourth quarter valued at approximately $25,000. Vega Investment Solutions acquired a new stake in shares of Emerson Electric in the fourth quarter valued at approximately $27,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Emerson Electric in the fourth quarter valued at approximately $28,000. Finally, YANKCOM Partnership acquired a new stake in shares of Emerson Electric in the fourth quarter valued at approximately $30,000. 74.30% of the stock is owned by institutional investors and hedge funds.

Emerson Electric Stock Performance

EMR opened at $118.08 on Friday. The business has a fifty day simple moving average of $108.03 and a 200 day simple moving average of $119.11. The company has a market capitalization of $66.42 billion, a PE ratio of 28.18, a price-to-earnings-growth ratio of 2.49 and a beta of 1.26. Emerson Electric Co. has a 1 year low of $90.06 and a 1 year high of $134.85. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.54 and a quick ratio of 1.17.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings data on Wednesday, May 7th. The industrial products company reported $1.48 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.07. The firm had revenue of $4.43 billion during the quarter, compared to analysts’ expectations of $4.42 billion. Emerson Electric had a return on equity of 12.08% and a net margin of 13.74%. The company’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.36 EPS. Research analysts expect that Emerson Electric Co. will post 5.96 EPS for the current year.

Emerson Electric Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Friday, May 16th will be issued a $0.5275 dividend. The ex-dividend date is Friday, May 16th. This represents a $2.11 annualized dividend and a yield of 1.79%. Emerson Electric’s dividend payout ratio is presently 50.48%.

Insider Buying and Selling at Emerson Electric

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 16,698 shares of Emerson Electric stock in a transaction on Thursday, May 8th. The stock was sold at an average price of $113.33, for a total value of $1,892,384.34. Following the completion of the transaction, the chief executive officer now directly owns 164,957 shares of the company’s stock, valued at $18,694,576.81. The trade was a 9.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.50% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on EMR shares. Citigroup raised their price objective on Emerson Electric from $119.00 to $127.00 and gave the company a “buy” rating in a research report on Thursday, May 8th. Royal Bank of Canada raised their price objective on Emerson Electric from $123.00 to $124.00 and gave the company an “outperform” rating in a research report on Thursday, May 8th. Robert W. Baird cut their price objective on Emerson Electric from $140.00 to $130.00 and set a “neutral” rating for the company in a research report on Thursday, May 8th. Wells Fargo & Company raised their price objective on Emerson Electric from $121.00 to $135.00 and gave the company an “overweight” rating in a research report on Wednesday. Finally, Daiwa Capital Markets started coverage on Emerson Electric in a research report on Tuesday, January 28th. They issued an “outperform” rating and a $147.00 price objective for the company. Two analysts have rated the stock with a sell rating, four have given a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $133.06.

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.