TD Asset Management Inc Sells 14,830 Shares of Emerson Electric Co. (NYSE:EMR)\n\nKey Points:\n- TD Asset Management Inc has reduced its stake in Emerson Electric Co. by 5.2%, now owning 267,951 shares after selling 14,830 shares.\n- Multiple research analysts have upgraded their ratings on Emerson Electric, with Wall Street Zen raising it to a buy rating and others adjusting price objectives between $124.00 and $150.00.\n- Emerson Electric reported earnings of $1.48 per share for the last quarter, exceeding estimates, along with a total revenue of $4.43 billion.\n- 74.30% of the stock is currently owned by institutional investors.\n\nWall Street Analysts Forecast Growth:\n- A number of research analysts have recently weighed in on the company.\n- Robert W. Baird raised Emerson Electric from a 'hold' rating to a 'buy' rating in a research note on Friday, May 9th.\n- Wells Fargo & Company raised their price objective on Emerson Electric from $135.00 to $150.00 and gave the stock an 'overweight' rating in a research note on Tuesday, July 1st.\n- TD Cowen raised Emerson Electric to a 'strong-buy' rating in a research note on Tuesday, July 8th.\n- Royal Bank Of Canada raised their price objective on Emerson Electric from $123.00 to $124.00 and gave the stock an 'outperform' rating in a research note on Thursday, May 8th.\n- Two analysts have rated the stock with a sell rating, four have assigned a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the stock.\n- According to data from MarketBeat, Emerson Electric has an average rating of 'Moderate Buy' and an average target price of $142.28.\n\nEmerson Electric Stock Performance:\n- The business's 50-day moving average price is $131.42 and its two-hundred day moving average price is $120.60.\n- Emerson Electric Co. has a 1 year low of $90.06 and a 1 year high of $149.84.\n- The company has a market capitalization of $84.08 billion, a price-to-earnings ratio of 35.76, a P/E/G ratio of 2.90 and a beta of 1.29.\n- The company has a debt-to-equity ratio of 0.42, a current ratio of 0.80 and a quick ratio of 0.59.\n\nEmerson Electric Co. last released its quarterly earnings results on Wednesday, May 7th.\n- The industrial products company reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.07.\n- Emerson Electric had a return on equity of 13.22% and a net margin of 13.60%.\n- The firm had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.42 billion.\n- During the same quarter last year, the business posted $1.36 EPS.\n- The company's revenue for the quarter was up 1.3% on a year-over-year basis.\n- Equities analysts expect that Emerson Electric Co. will post 5.96 EPS for the current fiscal year.\n\nEmerson Electric Dividend Announcement:\n- The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th.\n- Stockholders of record on Friday, May 16th were issued a $0.5275 dividend.\n- This represents a $2.11 annualized dividend and a dividend yield of 1.41%.\n- The ex-dividend date was Friday, May 16th.\n- Emerson Electric's payout ratio is 50.48%.\n\nInsider Buying and Selling at Emerson Electric:\n- In other news, CEO sold 16,698 shares of the firm's stock in a transaction dated Thursday, May 8th.\n- The stock was sold at an average price of $113.33, for a total value of $1,892,384.34.\n- Following the completion of the transaction, the chief executive officer owned 164,957 shares in the company, valued at $18,694,576.81.\n- This trade represents a 9.19% decrease in their position.\n- 0.50% of the stock is owned by insiders.\n\nEmerson Electric Company Profile:\n- 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.\n- It operates in six segments: Final Control, Control Systems & Software, Measurement & Analytical, AspenTech, Discrete Automation, and Safety & Productivity.

TD Asset Management Inc Sells 14,830 Shares of Emerson Electric Co. (NYSE:EMR)

TD Asset Management Inc reduced its stake in Emerson Electric Co by 5.2%, now owning 267,951 shares. Multiple analysts upgraded Emerson's ratings, with Wall Street Zen and others adjusting price targets. Emerson reported Q2 earnings of $1.48 per share, exceeding estimates, and has a market cap of $84.08 billion. The company also announced a quarterly dividend and saw insider trading activity.