Livforsakringsbolaget Skandia Omsesidigt trimmed its holdings in Emerson Electric Company (NYSE:EMR) by 20.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,719 shares of the industrial products company’s stock after selling 2,500 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Emerson Electric were worth $677,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in EMR. Tower Research Capital LLC TRC purchased a new position in Emerson Electric in the 2nd quarter valued at approximately $109,000. Intellectus Partners LLC grew its stake in Emerson Electric by 0.3% in the 2nd quarter. Intellectus Partners LLC now owns 2,094 shares of the industrial products company’s stock valued at $125,000 after buying an additional 7 shares in the last quarter. Mountain Capital Investment Advisors Inc purchased a new position in Emerson Electric in the 2nd quarter valued at approximately $129,000. AT Bancorp purchased a new position in Emerson Electric in the 2nd quarter valued at approximately $139,000. Finally, Cable Hill Partners LLC purchased a new position in Emerson Electric in the 3rd quarter valued at approximately $151,000. Institutional investors and hedge funds own 69.20% of the company’s stock.

In other news, COO Edgar M. Purvis, Jr. sold 9,490 shares of Emerson Electric stock in a transaction on Friday, December 8th. The shares were sold at an average price of $65.74, for a total transaction of $623,872.60. Following the completion of the sale, the chief operating officer now directly owns 168,984 shares of the company’s stock, valued at approximately $11,109,008.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Frank J. Dellaquila sold 2,100 shares of Emerson Electric stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $64.77, for a total transaction of $136,017.00. Following the sale, the vice president now directly owns 178,743 shares of the company’s stock, valued at $11,577,184.11. The disclosure for this sale can be found here. Insiders have sold a total of 27,017 shares of company stock valued at $1,771,129 over the last ninety days. 0.84% of the stock is currently owned by insiders.

Shares of Emerson Electric Company (EMR) opened at $73.14 on Monday. Emerson Electric Company has a fifty-two week low of $56.77 and a fifty-two week high of $74.45. The company has a current ratio of 1.64, a quick ratio of 1.30 and a debt-to-equity ratio of 0.43. The stock has a market cap of $46,709.79, a price-to-earnings ratio of 31.12, a PEG ratio of 2.66 and a beta of 1.24.

Emerson Electric (NYSE:EMR) last posted its quarterly earnings data on Tuesday, November 7th. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.83. Emerson Electric had a net margin of 9.94% and a return on equity of 20.47%. The company had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.43 billion. During the same period in the previous year, the firm posted $0.74 EPS. The firm’s revenue was up 12.8% compared to the same quarter last year. research analysts predict that Emerson Electric Company will post 2.96 earnings per share for the current fiscal year.

EMR has been the subject of several analyst reports. Vertical Research raised shares of Emerson Electric from a “hold” rating to a “buy” rating in a report on Tuesday, January 2nd. Edward Jones downgraded shares of Emerson Electric from a “buy” rating to a “hold” rating in a report on Friday, November 17th. Cowen raised shares of Emerson Electric to a “buy” rating and set a $71.00 price target for the company in a report on Monday, October 23rd. Royal Bank of Canada reissued a “neutral” rating on shares of Emerson Electric in a report on Thursday, November 9th. Finally, Citigroup reissued a “sell” rating and issued a $61.00 price target (up from $58.00) on shares of Emerson Electric in a report on Monday, October 9th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $66.43.

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Emerson Electric Profile

Emerson Electric Co is a diversified global manufacturing company, which provides solutions to customers by bringing technology and engineering together in the industrial, commercial and consumer markets around the world. The Company operates through four segments based on the nature of the products and services rendered: Process Management, Industrial Automation, Climate Technologies and Commercial & Residential Solutions.

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Institutional Ownership by Quarter for Emerson Electric (NYSE:EMR)

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