Telos Capital Management Inc. Sells 1,111 Shares of Emerson Electric Co. (NYSE:EMR)

Telos Capital Management Inc. decreased its stake in shares of Emerson Electric Co. (NYSE:EMR) by 12.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 7,953 shares of the industrial products company’s stock after selling 1,111 shares during the quarter. Telos Capital Management Inc.’s holdings in Emerson Electric were worth $986,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the business. GDS Wealth Management boosted its position 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 valued at $491,000 after acquiring an additional 79 shares in the last quarter. Berkshire Bank boosted its position in shares of Emerson Electric by 3.6% during the 4th quarter. Berkshire Bank now owns 2,588 shares of the industrial products company’s stock valued at $321,000 after acquiring an additional 89 shares in the last quarter. Grove Bank & Trust boosted its position 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 valued at $217,000 after acquiring an additional 90 shares in the last quarter. Silver Lake Advisory LLC boosted its position in shares of Emerson Electric by 0.4% during the 4th quarter. Silver Lake Advisory LLC now owns 24,249 shares of the industrial products company’s stock valued at $3,005,000 after acquiring an additional 90 shares in the last quarter. Finally, Sargent Investment Group LLC boosted its position in shares of Emerson Electric by 0.5% during the 4th quarter. Sargent Investment Group LLC now owns 16,986 shares of the industrial products company’s stock valued at $2,012,000 after acquiring an additional 90 shares in the last quarter. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Emerson Electric Trading Up 2.2 %

EMR opened at $127.49 on Friday. Emerson Electric Co. has a fifty-two week low of $96.62 and a fifty-two week high of $134.85. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.77 and a quick ratio of 1.40. The company has a market cap of $72.61 billion, a price-to-earnings ratio of 37.28, a price-to-earnings-growth ratio of 2.22 and a beta of 1.34. The firm has a 50 day simple moving average of $126.78 and a 200 day simple moving average of $116.66.

Emerson Electric (NYSE:EMR) last issued its earnings results on Wednesday, February 5th. The industrial products company reported $1.38 EPS for the quarter, beating the consensus estimate of $1.28 by $0.10. Emerson Electric had a net margin of 11.25% and a return on equity of 11.73%. On average, sell-side analysts anticipate that Emerson Electric Co. will post 5.91 earnings per share for the current year.

Emerson Electric Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, February 14th will be paid a $0.5275 dividend. This represents a $2.11 annualized dividend and a yield of 1.65%. The ex-dividend date of this dividend is Friday, February 14th. Emerson Electric’s payout ratio is presently 61.70%.

Analysts Set New Price Targets

A number of equities analysts have commented on EMR shares. JPMorgan Chase & Co. reduced their price target on shares of Emerson Electric from $137.00 to $135.00 and set a “neutral” rating on the stock in a research report on Wednesday, January 15th. Wells Fargo & Company boosted their price target on shares of Emerson Electric from $140.00 to $142.00 and gave the company an “overweight” rating in a research report on Thursday. Daiwa America upgraded shares of Emerson Electric to a “strong-buy” rating in a research report on Tuesday, January 28th. Daiwa Capital Markets started coverage on shares of Emerson Electric in a research report on Tuesday, January 28th. They issued an “outperform” rating and a $147.00 price target on the stock. Finally, StockNews.com lowered shares of Emerson Electric from a “buy” rating to a “hold” rating in a research report on Wednesday, January 1st. One analyst has rated the stock with a sell rating, six have assigned a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $136.90.

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.