Decker Retirement Planning Inc. Acquires Shares of 663 Emerson Electric Co. (NYSE:EMR)

Decker Retirement Planning Inc. bought a new stake in shares of Emerson Electric Co. (NYSE:EMR) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 663 shares of the industrial products company’s stock, valued at approximately $82,000.

Several other institutional investors have also bought and sold shares of the company. Capital Performance Advisors LLP bought a new position in shares of Emerson Electric during the 3rd quarter worth $25,000. Darwin Wealth Management LLC purchased a new stake in shares of Emerson Electric during the 3rd quarter valued at approximately $29,000. Frazier Financial Advisors LLC bought a new stake in Emerson Electric during the 3rd quarter valued at $33,000. Morton Brown Family Wealth LLC bought a new stake in shares of Emerson Electric during the 3rd quarter valued at $33,000. Finally, Catalyst Capital Advisors LLC purchased a new position in Emerson Electric during the 3rd quarter valued at about $43,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on EMR shares. Deutsche Bank Aktiengesellschaft increased their target price on shares of Emerson Electric from $136.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. Wells Fargo & Company decreased their price objective on shares of Emerson Electric from $145.00 to $140.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 7th. Barclays lifted their price objective on shares of Emerson Electric from $116.00 to $135.00 and gave the stock an “equal weight” rating in a report on Thursday, December 5th. Loop Capital upped their price objective on Emerson Electric from $130.00 to $155.00 and gave the stock a “buy” rating in a report on Monday, December 2nd. Finally, BNP Paribas initiated coverage on Emerson Electric in a research note on Wednesday, November 13th. They issued an “outperform” rating and a $155.00 target price for the company. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $135.89.

Insider Transactions at Emerson Electric

In other Emerson Electric news, SVP Michael H. Train sold 21,525 shares of the business’s stock in a transaction dated Wednesday, November 6th. The stock was 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 owns 262,408 shares of the company’s stock, valued at approximately $33,052,911.68. The trade was a 7.58 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.50% of the company’s stock.

Emerson Electric Trading Up 2.1 %

NYSE EMR opened at $123.32 on Friday. 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 Co. has a fifty-two week low of $91.64 and a fifty-two week high of $134.85. The stock has a market cap of $70.23 billion, a P/E ratio of 36.06, a price-to-earnings-growth ratio of 1.98 and a beta of 1.35. The stock has a 50 day simple moving average of $127.18 and a two-hundred day simple moving average of $115.05.

Emerson Electric Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Friday, November 15th were given a $0.5275 dividend. The ex-dividend date of this dividend was Friday, November 15th. This is a boost from Emerson Electric’s previous quarterly dividend of $0.53. This represents a $2.11 annualized dividend and a yield of 1.71%. Emerson Electric’s dividend payout ratio is 61.70%.

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.