Emerson Electric Co. (NYSE:EMR) Shares Bought by Diversified Trust Co

Diversified Trust Co lifted its position in shares of Emerson Electric Co. (NYSE:EMR) by 25.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,569 shares of the industrial products company’s stock after acquiring an additional 6,357 shares during the period. Diversified Trust Co’s holdings in Emerson Electric were worth $3,912,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Capital Performance Advisors LLP bought a new position in shares of Emerson Electric in the 3rd quarter worth about $25,000. Darwin Wealth Management LLC acquired a new stake in Emerson Electric during the third quarter worth about $29,000. Meeder Asset Management Inc. lifted its holdings in Emerson Electric by 361.5% in the second quarter. Meeder Asset Management Inc. now owns 300 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 235 shares during the last quarter. Morton Brown Family Wealth LLC bought a new position in shares of Emerson Electric during the third quarter valued at approximately $33,000. Finally, Frazier Financial Advisors LLC acquired a new stake in shares of Emerson Electric during the 3rd quarter worth approximately $33,000. 74.30% of the stock is currently owned by institutional investors.

Insider Buying and Selling

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

Emerson Electric Price Performance

Shares of NYSE EMR traded down $1.07 during trading on Tuesday, hitting $121.02. The company had a trading volume of 770,926 shares, compared to its average volume of 1,610,664. Emerson Electric Co. has a 52 week low of $91.64 and a 52 week high of $134.85. The business’s 50-day moving average is $126.20 and its 200 day moving average is $114.54. The company has a market cap of $68.92 billion, a P/E ratio of 35.39, a PEG ratio of 2.20 and a beta of 1.35. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.40 and a current ratio of 1.77.

Emerson Electric Increases Dividend

The business also recently declared 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 positive change from Emerson Electric’s previous quarterly dividend of $0.53. The ex-dividend date of this dividend was Friday, November 15th. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.74%. Emerson Electric’s dividend payout ratio (DPR) is 61.70%.

Wall Street Analysts Forecast Growth

EMR has been the topic of several analyst reports. Stephens lowered Emerson Electric from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $135.00 to $120.00 in a research report on Wednesday, October 16th. Robert W. Baird lifted their price objective on shares of Emerson Electric from $117.00 to $118.00 and gave the company a “neutral” rating in a research report on Monday, November 4th. BNP Paribas started coverage on shares of Emerson Electric in a research report on Wednesday, November 13th. They issued an “outperform” rating and a $155.00 target price for the company. Oppenheimer lifted their price target on Emerson Electric from $120.00 to $125.00 and gave the company an “outperform” rating in a report on Thursday, September 26th. Finally, StockNews.com cut Emerson Electric from a “buy” rating to a “hold” rating in a research report on Wednesday, January 1st. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $134.84.

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.