Brandywine Oak Private Wealth LLC Sells 516 Shares of Emerson Electric Co. (NYSE:EMR)

Brandywine Oak Private Wealth LLC cut its holdings in Emerson Electric Co. (NYSE:EMR) by 8.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,490 shares of the industrial products company’s stock after selling 516 shares during the quarter. Brandywine Oak Private Wealth LLC’s holdings in Emerson Electric were worth $680,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of EMR. GDS Wealth Management grew its stake in Emerson Electric by 2.0% in 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. Berkshire Bank grew its holdings in Emerson Electric by 3.6% in the fourth quarter. Berkshire Bank now owns 2,588 shares of the industrial products company’s stock worth $321,000 after purchasing an additional 89 shares during the period. Grove Bank & Trust lifted its holdings in shares of Emerson Electric by 5.4% during the fourth quarter. Grove Bank & Trust now owns 1,749 shares of the industrial products company’s stock valued at $217,000 after purchasing an additional 90 shares during the last quarter. Silver Lake Advisory LLC boosted its position in shares of Emerson Electric by 0.4% in the 4th quarter. Silver Lake Advisory LLC now owns 24,249 shares of the industrial products company’s stock worth $3,005,000 after purchasing an additional 90 shares in the last quarter. Finally, Sargent Investment Group LLC increased its position in 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 buying an additional 90 shares in the last quarter. 74.30% of the stock is currently owned by institutional investors.

Emerson Electric Price Performance

Shares of Emerson Electric stock opened at $124.81 on Thursday. The stock’s fifty day moving average is $126.93 and its 200 day moving average is $116.61. Emerson Electric Co. has a one year low of $93.03 and a one year high of $134.85. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.40 and a current ratio of 1.77. The stock has a market cap of $71.08 billion, a P/E ratio of 36.50, a P/E/G ratio of 2.22 and a beta of 1.34.

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

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Stephens lowered Emerson Electric from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $135.00 to $120.00 in a research report on Wednesday, October 16th. Royal Bank of Canada decreased their target price on shares of Emerson Electric from $139.00 to $138.00 and set an “outperform” rating for the company in a report on Wednesday, November 6th. JPMorgan Chase & Co. reduced their price target on shares of Emerson Electric from $137.00 to $135.00 and set a “neutral” rating for the company in a research report on Wednesday, January 15th. Jefferies Financial Group assumed coverage on Emerson Electric in a research report on Thursday, December 12th. They issued a “buy” rating and a $160.00 price objective on the stock. Finally, BNP Paribas initiated coverage on Emerson Electric in a report on Wednesday, November 13th. They issued an “outperform” rating and a $155.00 target price for the company. One analyst has rated the stock with a sell rating, six have assigned a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $136.45.

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.