Emerson Electric Co. (EMR) Recent Ownership Changes

Emerson Electric Co. (NYSE:EMR) has made a 35.29% comeback from a 12-month low price of $57.47. It was seen 0.83% higher, changing the price to $77.75, when the closing bell rang on September 13, 2018. At recent session, the prices were hovering between $77.12 and $78. This company shares are -0.66% up from its target price of $77.24 and the current market capitalization stands at $49.13B. The recent change has given its price a 6.56% lead over SMA 50 and 0.19% lead over its 52-week high. The stock witnessed 4.73% gains, 6.65% gains and 9.62% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found EMR’s volatility during a week at 1.14% and during a month it has been found around 1.28%.

Emerson Electric Co. (EMR) Top Holders

Institutional investors currently hold around $34.66 billion or 72.1% in EMR stock. Look at its top three institutional owners. Vanguard Group Inc owns $3.89 billion in Emerson Electric Co., which represents roughly 7.91% of the company’s market cap and approximately 11.21% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 39,830,724 shares of the stock are valued at $3.07 billion. The third largest holder is State Street Corp, which currently holds $2.1 billion worth of this stock and that ownership represents nearly 4.28% of its market capitalization.

Emerson Electric Co. 13F Filings

At the end of June reporting period, 538 institutional holders increased their position in Emerson Electric Co. (NYSE:EMR) by some 29,191,236 shares, 705 decreased positions by 25,202,108 and 250 held positions by 395,108,351. That puts total institutional holdings at 450,000,000 shares, according to SEC filings. The stock grabbed 79 new institutional investments totaling 2,716,027 shares while 75 institutional investors sold out their entire positions totaling 3,863,041 shares.

Emerson Electric Co. (NYSE:EMR) Insider Trades

Multiple company employees have indulged in significant insider trading. Emerson Electric Co. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that President Monser Edward L has sold 60,000 shares of Emerson Electric Co. (EMR) in trading session dated Sep. 10, 2018. These shares are worth $4,566,000 and were traded at $76.1 each. The SEC filing shows that Dellaquila Frank J performed a sale of 47,530 shares. The Senior Exec. VP and CFO disposed these shares by way of transaction on Aug. 14, 2018. The company’s shares were given away at $73.91 per share worth to an income of some $3,512,942 on account of Dellaquila Frank J.

Exec VP – Org. Planning & Dev., Pelch Steven J., sold 6,409 common shares of Emerson Electric Co. (EMR) in the open market. In a transaction dated Aug. 14, 2018, the shares were put up for sale at an average price of $74.2, raking in a sum of $475,804. After this sale, 84,101 common shares of EMR are directly owned by the insider, with total stake valued at $6,538,853.

In the transaction dated Jun. 18, 2018, the great number of shares disposed came courtesy the Exec. Pres. Auto. Sols.; Train Michael H. disposed a total of 24,166 shares at an average price of $71.46, amounting to approximately $1,726,902. The insider now directly owns 132,831 shares worth $10,300,000.

Emerson Electric Co. (EMR) Analyst Guide

Several analysts have released their opinion on Emerson Electric Co. (NYSE:EMR), with 7 analysts believing it is a strong buy. Whereas 7 of them predict the stock is a hold. Also, there are 2 buy, 0 sell and 1 strong sell ratings, collectively assigning a 2.15 average brokerage recommendation.