Trillium Asset Management LLC Has $391,000 Holdings in Emerson Electric Co. (NYSE:EMR)

Trillium Asset Management LLC lowered its stake in shares of Emerson Electric Co. (NYSE:EMR) by 8.4% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 3,155 shares of the industrial products company’s stock after selling 291 shares during the period. Trillium Asset Management LLC’s holdings in Emerson Electric were worth $391,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. GDS Wealth Management grew its holdings in shares of Emerson Electric by 2.0% during the 4th quarter. GDS Wealth Management now owns 3,965 shares of the industrial products company’s stock worth $491,000 after purchasing an additional 79 shares in the last quarter. Mcdonald Partners LLC lifted its position in Emerson Electric by 0.6% in the fourth quarter. Mcdonald Partners LLC now owns 14,207 shares of the industrial products company’s stock worth $1,761,000 after purchasing an additional 81 shares during the period. Berkshire Bank increased its holdings in Emerson Electric by 3.6% in the 4th quarter. Berkshire Bank now owns 2,588 shares of the industrial products company’s stock valued at $321,000 after buying an additional 89 shares during the period. Little House Capital LLC raised its stake in shares of Emerson Electric by 0.5% in the 4th quarter. Little House Capital LLC now owns 17,009 shares of the industrial products company’s stock valued at $2,108,000 after buying an additional 89 shares in the last quarter. Finally, Grove Bank & Trust lifted its holdings in shares of Emerson Electric by 5.4% during the 4th quarter. Grove Bank & Trust now owns 1,749 shares of the industrial products company’s stock worth $217,000 after acquiring an additional 90 shares during the period. 74.30% of the stock is owned by institutional investors and hedge funds.

Emerson Electric Trading Up 0.4 %

Shares of EMR opened at $112.28 on Thursday. The stock’s fifty day simple moving average is $121.86 and its 200-day simple moving average is $119.02. The company has a quick ratio of 1.17, a current ratio of 1.54 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $63.31 billion, a PE ratio of 26.80, a price-to-earnings-growth ratio of 2.49 and a beta of 1.36. Emerson Electric Co. has a 12-month low of $96.62 and a 12-month high of $134.85.

Emerson Electric (NYSE:EMR) last issued its earnings results on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.10. Emerson Electric had a net margin of 13.74% and a return on equity of 12.08%. As a group, research analysts predict that Emerson Electric Co. will post 5.96 earnings per share for the current year.

Emerson Electric Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Friday, February 14th were paid a $0.5275 dividend. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date was Friday, February 14th. Emerson Electric’s dividend payout ratio (DPR) is currently 50.36%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on EMR shares. KeyCorp raised their price target on shares of Emerson Electric from $140.00 to $158.00 and gave the stock an “overweight” rating in a research note on Monday, December 9th. JPMorgan Chase & Co. decreased their price target on Emerson Electric from $137.00 to $135.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 15th. Jefferies Financial Group initiated coverage on Emerson Electric in a research note on Thursday, December 12th. They set a “buy” rating and a $160.00 price objective for the company. Loop Capital boosted their target price on shares of Emerson Electric from $130.00 to $155.00 and gave the company a “buy” rating in a research note on Monday, December 2nd. Finally, Morgan Stanley lifted their price target on shares of Emerson Electric from $105.00 to $112.00 and gave the company an “underweight” rating in a report on Thursday, February 6th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $136.22.

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.