BRYN MAWR TRUST Co Sells 2,527 Shares of Emerson Electric Co. (NYSE:EMR)

BRYN MAWR TRUST Co lessened its position in shares of Emerson Electric Co. (NYSE:EMR – Get Rating) by 7.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 33,826 shares of the industrial products company’s stock after selling 2,527 shares during the period. BRYN MAWR TRUST Co’s holdings in Emerson Electric were worth $3,145,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently modified their holdings of the company. Chesley Taft & Associates LLC grew its holdings in Emerson Electric by 0.3% during the fourth quarter. Chesley Taft & Associates LLC now owns 33,210 shares of the industrial products company’s stock valued at $3,088,000 after purchasing an additional 110 shares during the period. Cozad Asset Management Inc. lifted its position in shares of Emerson Electric by 4.2% during the fourth quarter. Cozad Asset Management Inc. now owns 2,725 shares of the industrial products company’s stock worth $253,000 after acquiring an additional 110 shares in the last quarter. Resources Management Corp CT ADV lifted its position in shares of Emerson Electric by 0.4% during the third quarter. Resources Management Corp CT ADV now owns 26,770 shares of the industrial products company’s stock worth $2,522,000 after acquiring an additional 111 shares in the last quarter. Relyea Zuckerberg Hanson LLC lifted its position in shares of Emerson Electric by 3.4% during the fourth quarter. Relyea Zuckerberg Hanson LLC now owns 3,413 shares of the industrial products company’s stock worth $318,000 after acquiring an additional 111 shares in the last quarter. Finally, Gilbert & Cook Inc. lifted its position in shares of Emerson Electric by 4.0% during the fourth quarter. Gilbert & Cook Inc. now owns 2,883 shares of the industrial products company’s stock worth $268,000 after acquiring an additional 112 shares in the last quarter. 73.50% of the stock is owned by institutional investors.

In other news, insider Mark J. Bulanda sold 4,574 shares of the stock in a transaction that occurred on Tuesday, March 29th. The stock was sold at an average price of $97.35, for a total transaction of $445,278.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.78% of the company’s stock.

EMR has been the topic of several recent research reports. Oppenheimer dropped their target price on Emerson Electric from $115.00 to $110.00 in a research report on Monday, May 9th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Emerson Electric from $114.00 to $110.00 in a research report on Thursday, May 5th. StockNews.com began coverage on shares of Emerson Electric in a research report on Thursday, March 31st. They issued a “buy” rating on the stock. Citigroup upped their price objective on shares of Emerson Electric from $120.00 to $123.00 in a research report on Thursday, February 3rd. Finally, Credit Suisse Group upped their price objective on shares of Emerson Electric from $111.00 to $112.00 and gave the stock an “outperform” rating in a research report on Thursday, February 3rd. Five research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $108.26.

NYSE EMR traded up $0.93 on Friday, reaching $83.68. 3,580,401 shares of the company’s stock traded hands, compared to its average volume of 2,946,279. The stock has a market cap of $49.71 billion, a PE ratio of 17.51, a P/E/G ratio of 1.89 and a beta of 1.42. Emerson Electric Co. has a 12 month low of $81.01 and a 12 month high of $105.99. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.68 and a quick ratio of 1.38. The stock has a 50-day simple moving average of $93.45 and a 200 day simple moving average of $93.71.

Emerson Electric (NYSE:EMR – Get Rating) last released its quarterly earnings data on Wednesday, May 4th. The industrial products company reported $1.29 earnings per share for the quarter, beating analysts’ consensus estimates of $1.18 by $0.11. The firm had revenue of $4.80 billion during the quarter, compared to analyst estimates of $4.71 billion. Emerson Electric had a return on equity of 27.72% and a net margin of 15.16%. The business’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.97 earnings per share. As a group, analysts anticipate that Emerson Electric Co. will post 5.04 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 10th. Stockholders of record on Friday, May 13th will be paid a dividend of $0.515 per share. This represents a $2.06 dividend on an annualized basis and a dividend yield of 2.46%. The ex-dividend date of this dividend is Thursday, May 12th. Emerson Electric’s dividend payout ratio (DPR) is presently 43.10%.

Emerson Electric Company Profile (Get Rating)

Emerson Electric Co designs and manufactures technology and engineering products for industrial, commercial, and consumer markets worldwide. The company operates through Automation Solutions and Commercial & Residential Solutions segments. The Automation Solutions segment offers measurement and analytical instrumentation, industrial valves and equipment, and process control software and systems.

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