State Farm Mutual Automobile Insurance Company Decreased Its Stake in Emerson Elec Co (EMR) by $20.82 Million as Shares Declined

Emerson Electric Co. (NYSE:EMR) Corporate LogoDuring Q3 2018 the big money sentiment increased to 0.92. That’s change of 0.11, from 2018Q2’s 0.81. 42 investors sold all, 430 reduced holdings as EMR ratio is positive. 321 rose positions while 115 funds bought positions. Funds hold 424.46 million shares thus 1.26% less from 2018Q2’s 429.87 million shares. Altavista Wealth Management holds 0.6% or 21,028 shs in its capital. Moreover, Montecito Bancshares & Tru has 0.38% invested in Emerson Electric Co. (NYSE:EMR) for 16,846 shs. Penbrook Mngmt Ltd Liability Company has 10,450 shs. Canandaigua Financial Bank stated it has 0.22% of its capital in Emerson Electric Co. (NYSE:EMR). Grand Jean Capital Mgmt Inc holds 0.12% or 4,550 shs in its capital. Jarislowsky Fraser Limited has invested 0.16% in Emerson Electric Co. (NYSE:EMR). Cambridge Advisors reported 66,537 shs. The Ohio-based Mai Capital Management has invested 0.02% in Emerson Electric Co. (NYSE:EMR). The Massachusetts-based Moors Cabot Incorporated has invested 0.55% in Emerson Electric Co. (NYSE:EMR). Mycio Wealth Prtnrs Limited Liability Company reported 14,569 shs. Moreover, Wells Fargo Mn has 0.21% invested in Emerson Electric Co. (NYSE:EMR). Trust Co Of Vermont reported 74,517 shs. Evergreen Cap Ltd, a Washington-based fund reported 8,081 shs. Tradewinds Lc accumulated 1,416 shs or 0.04% of the stock. River Road Asset Mngmt Limited Liability Corporation stated it has 647,365 shs or 1.03% of all its holdings.

EMR registered $5.18 million net activity with 0 buys and 2 selling transactions since September 7, 2018. $616,760 worth of Emerson Electric Co. (NYSE:EMR) was sold by Karsanbhai Surendralal Lanca on Wednesday, November 28.

In Emerson Elec Co (EMR) was reduced the holdings held by State Farm Mutual Automobile Insurance Company. The reduction is 4.18% according to 2018Q3 SEC form. The company’s stock sank 17.99% while State Farm Mutual Automobile Insurance Company sold 273,922 shares. At the end of 2018Q3, the institutional investor held 6.27 million shares of the consumer electronics and appliances company, valued at $480.47M, down from 6.55M at the end of the previous reported quarter. State Farm Mutual Automobile Insurance Company has risen its stake in and also increased its holding in Microsoft Corp (NASDAQ:MSFT) by 59,476 shares in the quarter, for a total of 6.78 million shares.

For more Emerson Electric Co. (NYSE:EMR) news brought out recently go to: Globenewswire.com, Businesswire.com, Seekingalpha.com, Fool.com or Businesswire.com. The titles are as follows: “Research Report Identifies Stryker, Total System Services, Vista Outdoor, Plains All American Pipeline, Emerson Electric, and IZEA with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement – GlobeNewswire” brought out on January 31, 2019, “Emerson Launches New Campaign Focused on Solutions to Global Challenges – Business Wire” on February 14, 2019, “Emerson Electric Q1 2019 Earnings Preview – Seeking Alpha” with a publish date: February 04, 2019, “Were Rockwell Automation’s Earnings Enough to Refute the Doubters? – The Motley Fool” and the last “Emerson Schedules Annual Investor Conference – Business Wire” with publication date: January 29, 2019.

Emerson Electric Co. (NYSE:EMR) Ratings Coverage

Total analysts of 8 have positions in Emerson Electric (NYSE:EMR) as follows: 4 rated it a “Buy”, 0 with “Sell” and 4 with “Hold”. The positive are 50%. The firm has $90 highest while $61 is the lowest target price. The average target $77.13 is 12.86% above the last ($68.34) price. Since August 30, 2018 according to StockzIntelligence Inc Emerson Electric has 11 analyst reports. On Wednesday, December 19 Wells Fargo maintained Emerson Electric Co. (NYSE:EMR) with “Market Perform” rating. On Thursday, January 3 the company was upgraded by Credit Suisse. The company rating was maintained by Bank of America on Thursday, October 4. On Monday, November 12 the stock has “Neutral” rating by Robert W. Baird. On Monday, September 24 Barclays Capital maintained Emerson Electric Co. (NYSE:EMR) with “Overweight” rating. The company rating was downgraded by Barclays Capital on Monday, December 17. In Friday, January 4 report RBC Capital Markets downgraded the stock to “Sector Perform” rating. On Thursday, August 30 UBS maintained the shares of EMR in report with “Buy” rating.

Emerson Electric Co. (NYSE:EMR) Institutional Investors Chart

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