First American Trust FSB Has $12.49 Million Holdings in Emerson Electric Co. (NYSE:EMR)

First American Trust FSB decreased its holdings in shares of Emerson Electric Co. (NYSE:EMR) by 25.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 100,798 shares of the industrial products company’s stock after selling 35,126 shares during the quarter. Emerson Electric comprises approximately 1.2% of First American Trust FSB’s investment portfolio, making the stock its 21st biggest holding. First American Trust FSB’s holdings in Emerson Electric were worth $12,492,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of EMR. GDS Wealth Management increased its holdings in shares of Emerson Electric by 2.0% during the fourth 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 during the period. Mcdonald Partners LLC increased its stake in Emerson Electric by 0.6% during the 4th quarter. Mcdonald Partners LLC now owns 14,207 shares of the industrial products company’s stock worth $1,761,000 after acquiring an additional 81 shares during the period. Berkshire Bank raised 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 acquiring an additional 89 shares in the last quarter. Little House Capital LLC lifted its position in shares of Emerson Electric by 0.5% during 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 acquiring an additional 89 shares during the period. Finally, Grove Bank & Trust grew 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 purchasing an additional 90 shares in the last quarter. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Loop Capital upped their price objective on Emerson Electric from $130.00 to $155.00 and gave the company a “buy” rating in a research note on Monday, December 2nd. Daiwa Capital Markets started coverage on shares of Emerson Electric in a research note on Tuesday, January 28th. They set an “outperform” rating and a $147.00 price target for the company. Wells Fargo & Company boosted their price objective on shares of Emerson Electric from $140.00 to $142.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Jefferies Financial Group initiated coverage on Emerson Electric in a research report on Thursday, December 12th. They set a “buy” rating and a $160.00 target price for the company. Finally, Barclays lowered Emerson Electric from an “equal weight” rating to an “underweight” rating and reduced their price target for the company from $135.00 to $110.00 in a research report on Monday, March 10th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $136.22.

Emerson Electric Price Performance

Shares of NYSE EMR opened at $115.44 on Tuesday. The company has a current ratio of 1.54, a quick ratio of 1.17 and a debt-to-equity ratio of 0.25. The firm’s 50-day moving average price is $121.53 and its 200-day moving average price is $119.38. The firm has a market capitalization of $65.09 billion, a P/E ratio of 27.55, a P/E/G ratio of 2.49 and a beta of 1.36. Emerson Electric Co. has a 1-year low of $96.62 and a 1-year high of $134.85.

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

Emerson Electric Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Friday, February 14th were paid a dividend of $0.5275 per share. The ex-dividend date was Friday, February 14th. This represents a $2.11 dividend on an annualized basis and a yield of 1.83%. Emerson Electric’s dividend payout ratio (DPR) is presently 50.36%.

Emerson Electric Company 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.