Missouri Trust & Investment Co Has $717,000 Position in Emerson Electric Co. (NYSE:EMR)

Missouri Trust & Investment Co lifted its holdings in Emerson Electric Co. (NYSE:EMR) by 3.1% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 6,559 shares of the industrial products company’s stock after purchasing an additional 200 shares during the quarter. Missouri Trust & Investment Co’s holdings in Emerson Electric were worth $717,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Farther Finance Advisors LLC grew its stake in shares of Emerson Electric by 55.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 8,619 shares of the industrial products company’s stock worth $931,000 after acquiring an additional 3,060 shares in the last quarter. Bank of Montreal Can grew its holdings in shares of Emerson Electric by 17.0% in the 2nd quarter. Bank of Montreal Can now owns 1,339,301 shares of the industrial products company’s stock valued at $152,359,000 after acquiring an additional 194,944 shares in the last quarter. Dynamic Advisor Solutions LLC increased its position in shares of Emerson Electric by 8.5% in the third quarter. Dynamic Advisor Solutions LLC now owns 69,285 shares of the industrial products company’s stock valued at $7,578,000 after acquiring an additional 5,416 shares during the last quarter. Mizuho Markets Americas LLC raised its holdings in Emerson Electric by 112.4% during the first quarter. Mizuho Markets Americas LLC now owns 105,877 shares of the industrial products company’s stock worth $12,009,000 after acquiring an additional 56,032 shares in the last quarter. Finally, V Square Quantitative Management LLC boosted its position in Emerson Electric by 82.0% during the third quarter. V Square Quantitative Management LLC now owns 3,977 shares of the industrial products company’s stock valued at $435,000 after purchasing an additional 1,792 shares during the last quarter. 74.30% of the stock is owned by institutional investors.

Insider Activity at Emerson Electric

In other news, SVP Michael H. Train sold 21,525 shares of the 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 of the company’s stock, valued at $33,052,911.68. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.25% of the stock is owned by corporate insiders.

Emerson Electric Trading Down 0.1 %

Shares of Emerson Electric stock traded down $0.19 during trading on Tuesday, hitting $129.01. The company’s stock had a trading volume of 406,843 shares, compared to its average volume of 2,723,639. The stock has a market cap of $73.88 billion, a price-to-earnings ratio of 37.78, a price-to-earnings-growth ratio of 2.13 and a beta of 1.30. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.77 and a quick ratio of 0.86. Emerson Electric Co. has a 52 week low of $85.91 and a 52 week high of $130.30. The stock has a 50-day moving average price of $108.87 and a two-hundred day moving average price of $109.43.

Emerson Electric Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Friday, November 15th will be issued a dividend of $0.5275 per share. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.64%. This is a boost from Emerson Electric’s previous quarterly dividend of $0.53. The ex-dividend date is Friday, November 15th. Emerson Electric’s dividend payout ratio is presently 61.70%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on EMR shares. Stephens cut Emerson Electric from an “overweight” rating to an “equal weight” rating and dropped their price objective for the stock from $135.00 to $120.00 in a research note on Wednesday, October 16th. Oppenheimer upped their price objective on Emerson Electric from $120.00 to $125.00 and gave the company an “outperform” rating in a research note on Thursday, September 26th. Deutsche Bank Aktiengesellschaft increased their price target on Emerson Electric from $136.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. KeyCorp lifted their price objective on shares of Emerson Electric from $125.00 to $140.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 6th. Finally, Robert W. Baird increased their price objective on shares of Emerson Electric from $117.00 to $118.00 and gave the company a “neutral” rating in a research report on Monday, November 4th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $127.65.

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.