Emerson Electric Co. (NYSE:EMR) Shares Sold by AHL Investment Management Inc.

AHL Investment Management Inc. trimmed its stake in Emerson Electric Co. (NYSE:EMR) by 0.4% during the fourth quarter, HoldingsChannel.com reports. The fund owned 27,403 shares of the industrial products company’s stock after selling 120 shares during the period. Emerson Electric makes up approximately 2.4% of AHL Investment Management Inc.’s holdings, making the stock its 14th biggest position. AHL Investment Management Inc.’s holdings in Emerson Electric were worth $3,396,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Capital Performance Advisors LLP acquired a new stake in shares of Emerson Electric during the third quarter valued at approximately $25,000. Darwin Wealth Management LLC acquired a new position in Emerson Electric during the third quarter valued at $29,000. Frazier Financial Advisors LLC purchased a new stake in Emerson Electric in the 3rd quarter worth about $33,000. Morton Brown Family Wealth LLC acquired a new stake in shares of Emerson Electric during the third quarter worth approximately $33,000. Finally, Catalyst Capital Advisors LLC acquired a new position in Emerson Electric in the 3rd quarter valued at approximately $43,000. 74.30% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Emerson Electric

In other Emerson Electric news, SVP Michael H. Train sold 21,525 shares of Emerson Electric stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $125.96, for a total transaction of $2,711,289.00. Following the completion of the transaction, the senior vice president now directly owns 262,408 shares of the company’s stock, valued at approximately $33,052,911.68. This trade represents a 7.58 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.50% of the company’s stock.

Wall Street Analyst Weigh In

EMR has been the topic of a number of research reports. Jefferies Financial Group started coverage on shares of Emerson Electric in a research note on Thursday, December 12th. They issued a “buy” rating and a $160.00 price target on the stock. Deutsche Bank Aktiengesellschaft raised their price target on Emerson Electric from $136.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. Wells Fargo & Company lowered their price target on Emerson Electric from $145.00 to $140.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Stephens cut shares of Emerson Electric from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $135.00 to $120.00 in a research note on Wednesday, October 16th. Finally, BNP Paribas assumed coverage on shares of Emerson Electric in a research note on Wednesday, November 13th. They set an “outperform” rating and a $155.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat.com, Emerson Electric presently has an average rating of “Moderate Buy” and a consensus target price of $135.89.

Emerson Electric Price Performance

Shares of Emerson Electric stock opened at $124.65 on Monday. The firm has a fifty day moving average price of $127.05 and a two-hundred day moving average price of $115.27. Emerson Electric Co. has a fifty-two week low of $91.64 and a fifty-two week high of $134.85. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.77 and a quick ratio of 1.40. The company has a market cap of $70.99 billion, a PE ratio of 36.45, a price-to-earnings-growth ratio of 1.98 and a beta of 1.35.

Emerson Electric Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Friday, November 15th were given a $0.5275 dividend. This is a boost from Emerson Electric’s previous quarterly dividend of $0.53. This represents a $2.11 annualized dividend and a yield of 1.69%. The ex-dividend date of this dividend was Friday, November 15th. Emerson Electric’s dividend payout ratio (DPR) is 61.70%.

Emerson Electric Company 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.