YHB Investment Advisors Inc. Has $392,000 Stock Position in Emerson Electric Co. (NYSE:EMR)

YHB Investment Advisors Inc. trimmed its position in Emerson Electric Co. (NYSE:EMR) by 35.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 3,163 shares of the industrial products company’s stock after selling 1,753 shares during the period. YHB Investment Advisors Inc.’s holdings in Emerson Electric were worth $392,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. AQR Capital Management LLC grew its position in shares of Emerson Electric by 43.5% during the 2nd quarter. AQR Capital Management LLC now owns 47,192 shares of the industrial products company’s stock worth $5,174,000 after buying an additional 14,301 shares during the period. Mackenzie Financial Corp lifted its position in Emerson Electric by 1.1% in the 2nd quarter. Mackenzie Financial Corp now owns 59,437 shares of the industrial products company’s stock valued at $6,548,000 after acquiring an additional 621 shares in the last quarter. Creative Planning boosted its position in shares of Emerson Electric by 3.4% during the second quarter. Creative Planning now owns 181,939 shares of the industrial products company’s stock worth $20,042,000 after buying an additional 6,051 shares during the period. B. Riley Wealth Advisors Inc. grew its stake in shares of Emerson Electric by 0.6% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 38,063 shares of the industrial products company’s stock worth $4,193,000 after acquiring an additional 218 shares in the last quarter. Finally, EP Wealth Advisors LLC increased its stake in Emerson Electric by 200.9% in the 2nd quarter. EP Wealth Advisors LLC now owns 20,983 shares of the industrial products company’s stock valued at $2,312,000 after buying an additional 14,009 shares during the last quarter. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, SVP Michael H. Train sold 21,525 shares of the business’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $125.96, for a total value of $2,711,289.00. Following the completion of the sale, the senior vice president now directly owns 262,408 shares of the company’s stock, valued at $33,052,911.68. The trade was a 7.58 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.50% of the stock is currently owned by insiders.

Emerson Electric Price Performance

Shares of EMR opened at $130.06 on Wednesday. The business has a 50-day moving average of $127.09 and a 200-day moving average of $116.09. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.77 and a quick ratio of 1.40. Emerson Electric Co. has a 1 year low of $91.64 and a 1 year high of $134.85. The company has a market capitalization of $74.07 billion, a price-to-earnings ratio of 38.03, a price-to-earnings-growth ratio of 2.22 and a beta of 1.35.

Emerson Electric Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Friday, November 15th were given a dividend of $0.5275 per share. The ex-dividend date was Friday, November 15th. This represents a $2.11 dividend on an annualized basis and a yield of 1.62%. This is a boost from Emerson Electric’s previous quarterly dividend of $0.53. Emerson Electric’s dividend payout ratio is 61.70%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on EMR. Royal Bank of Canada dropped their price objective on Emerson Electric from $139.00 to $138.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 6th. Daiwa Capital Markets began coverage on Emerson Electric in a research report on Tuesday. They issued an “outperform” rating and a $147.00 target price on the stock. Jefferies Financial Group began coverage on shares of Emerson Electric in a research report on Thursday, December 12th. They set a “buy” rating and a $160.00 price target on the stock. StockNews.com cut Emerson Electric from a “buy” rating to a “hold” rating in a report on Wednesday, January 1st. Finally, BNP Paribas assumed coverage on shares of Emerson Electric in a report on Wednesday, November 13th. They set an “outperform” rating and a $155.00 price target for the company. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and fourteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $136.45.

About Emerson Electric

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.