<div id="readability-page-1"><p>DAVENPORT &amp; Co LLC decreased its stake in shares of  Emerson Electric Co. (NYSE:EMR - Free Report) by 12.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities &amp; Exchange Commission. The institutional investor  owned 94,308 shares of the industrial products company's stock after selling 13,489 shares during the period. DAVENPORT &amp; Co LLC's holdings in Emerson Electric were worth $12,338,000 at the end of the most recent quarter.</p><div><p><span></span><span>Get <strong>Emerson Electric</strong> alerts:</span></p></div><ul><li>Don't Miss Out on These Top 3 Stocks for a September to Remember</li></ul><p>Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of  Emerson Electric by 74.1% in the fourth quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company's stock valued at $1,412,000 after purchasing an additional 4,850 shares in the last quarter.  CW Advisors LLC raised its position in  Emerson Electric by 77.2% in the 1st quarter. CW Advisors LLC now owns 3,789 shares of the industrial products company's stock valued at $420,000 after buying an additional 1,651 shares during the last quarter.  Jump Financial LLC lifted its stake in  Emerson Electric by 136.8% in the 1st quarter. Jump Financial LLC now owns 4,760 shares of the industrial products company's stock valued at $522,000 after acquiring an additional 2,750 shares in the last quarter.  Freedom Investment Management Inc. boosted its position in  Emerson Electric by 3.0% during the 1st quarter. Freedom Investment Management Inc. now owns 3,943 shares of the industrial products company's stock worth $432,000 after acquiring an additional 113 shares during the last quarter.  Finally, Nicolet Bankshares Inc. bought a new position in shares of  Emerson Electric during the 1st quarter worth approximately $252,000. 74.30% of the stock is owned by institutional investors. </p><h2>Emerson Electric Price Performance</h2><p>NYSE:EMR opened at $136.33 on Thursday. The company has a quick ratio of 0.65, a current ratio of 0.88 and a debt-to-equity ratio of 0.41. Emerson Electric Co. has a 12-month low of $90.06 and a 12-month high of $150.27. The stock's 50 day moving average price is $132.81 and its two-hundred day moving average price is $133.84. The firm has a market capitalization of $76.66 billion, a price-to-earnings ratio of 33.74, a P/E/G ratio of 2.21 and a beta of 1.26. </p><ul><li>American Superconductor's Earnings Surge, Future Growth Expected</li></ul><p>Emerson Electric (NYSE:EMR - Get Free Report) last posted its earnings results on Thursday, April 6th. The industrial products company reported $0.79 earnings per share for the quarter. Emerson Electric had a return on equity of 15.87% and a net margin of 12.73%.The business had revenue of $3.16 billion for the quarter.  On average, analysts anticipate that  Emerson Electric Co. will post 5.96 earnings per share for the current year. </p><p>Emerson Electric declared that its Board of Directors has approved a share repurchase plan on Wednesday, November 5th that permits the company to repurchase $0.00 in  outstanding  shares. This repurchase authorization permits the industrial products company to purchase shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued. </p><h2>Emerson Electric Increases Dividend</h2><ul><li>Miso Robotics stock: Is an IPO coming soon?</li></ul><p>The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 14th were paid a $0.555 dividend. This is an increase from Emerson Electric's previous quarterly dividend of $0.53. The ex-dividend date was Friday, November 14th. This represents a $2.22 dividend on an annualized basis and a yield of 1.6%. Emerson Electric's dividend payout ratio (DPR) is currently 54.95%. </p><h2>Insiders Place Their Bets</h2><p>In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of the firm's stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $133.00, for a total transaction of $965,979.00. Following the completion of the sale, the chief executive officer directly owned 196,292 shares in the company, valued at $26,106,836. This trade represents a 3.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.23% of the stock is currently owned by corporate insiders. </p><h2>Analyst Ratings Changes</h2><p>Several brokerages recently commented on EMR. Royal Bank Of Canada reduced their target price on shares of Emerson Electric from $155.00 to $153.00 and set an &#34;outperform&#34; rating for the company in a report on Thursday, November 6th. Wells Fargo &amp; Company  restated an &#34;equal weight&#34; rating and set a $140.00 price objective (down from $150.00) on shares of Emerson Electric in a research note on Monday, October 6th. Evercore ISI started coverage on Emerson Electric in a report on Monday, December 15th. They issued an &#34;outperform&#34; rating and a $170.00 price objective for the company. Deutsche Bank Aktiengesellschaft upped their target price on Emerson Electric from $157.00 to $159.00 and gave the stock a &#34;buy&#34; rating in a report on Thursday, October 2nd. Finally, Jefferies Financial Group  restated a &#34;hold&#34; rating and issued a $145.00 price target on shares of Emerson Electric in a research note on Wednesday, December 10th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have assigned  a Buy rating, six have assigned  a Hold rating and one  has assigned  a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $149.06.</p><p><b>Read Our Latest Report on Emerson Electric</b></p><h2>About Emerson Electric</h2> (Free Report)<p>Emerson Electric Co is a global technology and engineering company that designs and manufactures products and provides services for industrial, commercial and consumer markets. Founded in 1890, the company is headquartered in St. Louis, Missouri, and has built a long-standing presence in automation, control and climate-related technologies. Emerson's offerings are aimed at improving productivity, energy efficiency and reliability for a wide range of end markets.  </p><p>Emerson operates through two principal platforms—Automation Solutions and Commercial &amp; Residential Solutions—providing process automation systems, measurement and analytical instrumentation, valves and actuators, control software, and related aftermarket services, alongside products for heating, ventilation and refrigeration, residential and commercial climate controls, tools and storage solutions.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Emerson Electric</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li><li>Forget AI, This Will Be the Next Big Tech Breakthrough</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUVNUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUVNUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Emerson Electric Right Now?</h2><p>Before you consider Emerson Electric, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Emerson Electric wasn't on the list.</p><p>While Emerson Electric currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>DAVENPORT & Co LLC reduced its stake in Emerson Electric Co. by 12.5% in Q3, selling 13,489 shares. The firm now holds 94,308 shares valued at $12.34 million. Other institutional investors have also adjusted their positions in Emerson Electric. The company's stock opened at $136.33, with a market cap of $76.66 billion. Emerson Electric recently increased its dividend and announced a share repurchase plan, indicating potential undervaluation.</p>

DAVENPORT & Co LLC Sells 13,489 Shares of Emerson Electric Co. $EMR