Oxbow Advisors LLC Sells 800 Shares of Emerson Electric Co. (NYSE:EMR)

Oxbow Advisors LLC lowered its position in shares of Emerson Electric Co. (NYSE:EMR) by 22.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,695 shares of the industrial products company’s stock after selling 800 shares during the quarter. Oxbow Advisors LLC’s holdings in Emerson Electric were worth $206,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the business. First Trust Advisors LP lifted its position in shares of Emerson Electric by 7.8% during the 4th quarter. First Trust Advisors LP now owns 1,816,395 shares of the industrial products company’s stock worth $138,518,000 after buying an additional 131,339 shares in the last quarter. California Public Employees Retirement System lifted its position in shares of Emerson Electric by 5.3% during the 4th quarter. California Public Employees Retirement System now owns 1,442,917 shares of the industrial products company’s stock worth $110,037,000 after buying an additional 72,730 shares in the last quarter. Rhumbline Advisers increased its stake in shares of Emerson Electric by 0.5% during the 4th quarter. Rhumbline Advisers now owns 1,200,987 shares of the industrial products company’s stock worth $91,587,000 after purchasing an additional 6,543 shares during the last quarter. DekaBank Deutsche Girozentrale increased its stake in shares of Emerson Electric by 2.0% during the 4th quarter. DekaBank Deutsche Girozentrale now owns 1,053,965 shares of the industrial products company’s stock worth $80,481,000 after purchasing an additional 20,187 shares during the last quarter. Finally, California State Teachers Retirement System increased its stake in shares of Emerson Electric by 0.5% during the 3rd quarter. California State Teachers Retirement System now owns 1,048,682 shares of the industrial products company’s stock worth $70,115,000 after purchasing an additional 5,200 shares during the last quarter. 70.65% of the stock is currently owned by hedge funds and other institutional investors.

In related news, insider Robert T. Sharp sold 7,000 shares of Emerson Electric stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $76.13, for a total value of $532,910.00. Following the completion of the transaction, the insider now directly owns 131,315 shares in the company, valued at approximately $9,997,010.95. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.50% of the stock is currently owned by insiders.

EMR has been the subject of several research analyst reports. Cfra lowered shares of Emerson Electric from a “buy” rating to a “hold” rating in a research note on Tuesday, November 5th. UBS Group initiated coverage on shares of Emerson Electric in a research note on Thursday, December 12th. They set a “neutral” rating and a $78.00 price target for the company. HSBC lowered shares of Emerson Electric from a “hold” rating to a “reduce” rating and set a $64.00 price target for the company. in a research note on Thursday, November 14th. ValuEngine lowered shares of Emerson Electric from a “buy” rating to a “hold” rating in a research note on Monday, November 25th. Finally, Citigroup raised their price target on shares of Emerson Electric from $77.00 to $83.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $76.42.

Shares of EMR stock opened at $73.51 on Friday. Emerson Electric Co. has a 12-month low of $55.98 and a 12-month high of $78.38. The firm has a market cap of $44.75 billion, a P/E ratio of 21.00, a PEG ratio of 2.47 and a beta of 1.37. The company has a quick ratio of 0.81, a current ratio of 1.13 and a debt-to-equity ratio of 0.47. The company has a 50 day moving average of $75.78 and a 200-day moving average of $69.59.

Emerson Electric (NYSE:EMR) last released its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $0.67 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.67. Emerson Electric had a net margin of 11.79% and a return on equity of 25.55%. The business had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.16 billion. During the same period in the previous year, the business earned $0.74 EPS. Emerson Electric’s revenue was up .1% compared to the same quarter last year. As a group, equities analysts expect that Emerson Electric Co. will post 3.68 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Friday, February 14th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $2.00 dividend on an annualized basis and a yield of 2.72%. Emerson Electric’s dividend payout ratio is 54.20%.

Emerson Electric 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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