Tweedy Browne Co LLC Lowers Stock Holdings in Emerson Electric Co. (NYSE:EMR)

Tweedy Browne Co LLC lowered its stake in Emerson Electric Co. (NYSE:EMR) by 11.3% during the 4th quarter, Holdings Channel reports. The firm owned 10,608 shares of the industrial products company’s stock after selling 1,346 shares during the quarter. Tweedy Browne Co LLC’s holdings in Emerson Electric were worth $1,315,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EMR. Stephens Consulting LLC bought a new stake in shares of Emerson Electric in the 4th quarter valued at approximately $25,000. Sugar Maple Asset Management LLC purchased a new position in shares of Emerson Electric during the fourth quarter worth approximately $27,000. Murphy & Mullick Capital Management Corp purchased a new stake in shares of Emerson Electric in the 4th quarter worth $28,000. YANKCOM Partnership purchased a new position in Emerson Electric during the 4th quarter valued at about $30,000. Finally, Fiduciary Advisors Inc. bought a new position in Emerson Electric in the fourth quarter worth approximately $35,000. 74.30% of the stock is owned by institutional investors.

Analyst Ratings Changes

EMR has been the subject of several recent analyst reports. StockNews.com downgraded shares of Emerson Electric from a “buy” rating to a “hold” rating in a research note on Monday, March 10th. Jefferies Financial Group started coverage on shares of Emerson Electric in a research report on Thursday, December 12th. They set a “buy” rating and a $160.00 target price for the company. JPMorgan Chase & Co. decreased their target price on shares of Emerson Electric from $137.00 to $135.00 and set a “neutral” rating for the company in a research note on Wednesday, January 15th. Citigroup initiated coverage on Emerson Electric in a research report on Monday, March 17th. They set a “buy” rating and a $132.00 target price on the stock. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $138.00 price objective on shares of Emerson Electric in a research note on Thursday, February 6th. Two equities research analysts have rated the stock with a sell rating, five have given 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.com, Emerson Electric currently has a consensus rating of “Moderate Buy” and an average target price of $135.94.

Emerson Electric Stock Performance

NYSE EMR opened at $109.74 on Tuesday. Emerson Electric Co. has a 1 year low of $96.62 and a 1 year high of $134.85. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.54 and a quick ratio of 1.17. The company has a market capitalization of $61.88 billion, a PE ratio of 26.19, a P/E/G ratio of 2.49 and a beta of 1.36. The company has a fifty day moving average of $120.46 and a two-hundred day moving average of $119.81.

Emerson Electric (NYSE:EMR) last issued its quarterly 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 return on equity of 12.08% and a net margin of 13.74%. As a group, analysts expect that Emerson Electric Co. will post 5.96 earnings per share for the current year.

Emerson Electric Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Friday, February 14th were issued a $0.5275 dividend. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date of this dividend was Friday, February 14th. Emerson Electric’s dividend payout ratio is currently 50.36%.

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.