YHB Investment Advisors Inc. Sells 1,753 Shares of Emerson Electric Co. (NYSE:EMR)

YHB Investment Advisors Inc. reduced its position in shares of Emerson Electric Co. (NYSE:EMR) by 35.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,163 shares of the industrial products company’s stock after selling 1,753 shares during the period. YHB Investment Advisors Inc.’s holdings in Emerson Electric were worth $392,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of EMR. Capital Performance Advisors LLP purchased a new stake in Emerson Electric during the third quarter worth about $25,000. Sugar Maple Asset Management LLC purchased a new stake in shares of Emerson Electric during the fourth quarter worth $27,000. Darwin Wealth Management LLC bought a new position in Emerson Electric in the 3rd quarter worth about $29,000. Morton Brown Family Wealth LLC purchased a new position in Emerson Electric during the third quarter valued at approximately $33,000. Finally, Frazier Financial Advisors LLC purchased a new position in shares of Emerson Electric during the 3rd quarter valued at $33,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Wall Street Analyst Weigh In

EMR has been the topic of several research analyst reports. UBS Group began coverage on shares of Emerson Electric in a research report on Wednesday, November 13th. They issued a “neutral” rating and a $135.00 price objective on the stock. Jefferies Financial Group started coverage on Emerson Electric in a report on Thursday, December 12th. They issued a “buy” rating and a $160.00 price objective on the stock. Stephens cut shares of Emerson Electric from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $135.00 to $120.00 in a research report on Wednesday, October 16th. Loop Capital increased 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, Daiwa Capital Markets assumed coverage on shares of Emerson Electric in a research note on Tuesday. They set an “outperform” rating and a $147.00 target price on the stock. One research analyst has rated the stock with a sell rating, six have issued a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat, Emerson Electric has a consensus rating of “Moderate Buy” and an average price target of $136.45.

Insider Activity at Emerson Electric

In other Emerson Electric news, SVP Michael H. Train sold 21,525 shares of the company’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $125.96, for a total transaction of $2,711,289.00. Following the transaction, the senior vice president now owns 262,408 shares in the company, valued at approximately $33,052,911.68. This represents a 7.58 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.50% of the stock is currently owned by insiders.

Emerson Electric Price Performance

Shares of NYSE EMR opened at $130.06 on Wednesday. The firm has a market cap of $74.07 billion, a P/E ratio of 38.03, a PEG ratio of 2.22 and a beta of 1.35. Emerson Electric Co. has a twelve month low of $91.64 and a twelve month high of $134.85. The company has a quick ratio of 1.40, a current ratio of 1.77 and a debt-to-equity ratio of 0.26. The company has a 50 day moving average of $127.09 and a 200 day moving average of $116.09.

Emerson Electric Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Stockholders of record on Friday, November 15th were issued a dividend of $0.5275 per share. This is an increase from Emerson Electric’s previous quarterly dividend of $0.53. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date was Friday, November 15th. Emerson Electric’s dividend payout ratio is presently 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.