Emerson Electric Co. (NYSE:EMR) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Emerson Electric Co. (NYSE:EMRGet Free Report) have been assigned a consensus rating of “Moderate Buy” from the seventeen brokerages that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $113.56.

Several equities analysts have recently commented on EMR shares. KeyCorp increased their price objective on Emerson Electric from $120.00 to $125.00 and gave the company an “overweight” rating in a research report on Thursday, February 8th. Royal Bank of Canada increased their target price on shares of Emerson Electric from $106.00 to $120.00 and gave the company an “outperform” rating in a report on Thursday, February 8th. Barclays upped their price target on shares of Emerson Electric from $95.00 to $105.00 and gave the company an “equal weight” rating in a research report on Tuesday. Wells Fargo & Company boosted their target price on Emerson Electric from $100.00 to $120.00 and gave the company an “overweight” rating in a research note on Tuesday, December 19th. Finally, Berenberg Bank raised their price target on Emerson Electric from $100.00 to $130.00 and gave the stock a “buy” rating in a research report on Wednesday, March 6th.

Check Out Our Latest Research Report on EMR

Emerson Electric Trading Down 0.2 %

NYSE EMR opened at $113.34 on Friday. The business’s fifty day moving average is $105.45 and its 200-day moving average is $97.31. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.12 and a quick ratio of 0.80. The stock has a market capitalization of $64.69 billion, a price-to-earnings ratio of 5.90, a PEG ratio of 1.97 and a beta of 1.37. Emerson Electric has a one year low of $76.94 and a one year high of $114.11.

Emerson Electric (NYSE:EMRGet Free Report) last announced its quarterly earnings data on Wednesday, February 7th. The industrial products company reported $1.22 EPS for the quarter, topping the consensus estimate of $1.04 by $0.18. The business had revenue of $4.12 billion for the quarter, compared to analyst estimates of $3.91 billion. Emerson Electric had a net margin of 69.33% and a return on equity of 11.59%. The company’s revenue for the quarter was up 22.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.78 earnings per share. Equities research analysts predict that Emerson Electric will post 5.4 EPS for the current year.

Emerson Electric Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Friday, February 16th were issued a $0.525 dividend. The ex-dividend date was Thursday, February 15th. This represents a $2.10 annualized dividend and a yield of 1.85%. Emerson Electric’s dividend payout ratio (DPR) is presently 10.94%.

Insider Buying and Selling at Emerson Electric

In other news, Director Mark A. Blinn sold 2,413 shares of the firm’s stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $103.18, for a total value of $248,973.34. Following the completion of the transaction, the director now owns 9,591 shares in the company, valued at approximately $989,599.38. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.25% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of EMR. Financial Advocates Investment Management increased its stake in shares of Emerson Electric by 1.0% during the fourth quarter. Financial Advocates Investment Management now owns 10,208 shares of the industrial products company’s stock valued at $994,000 after purchasing an additional 101 shares in the last quarter. Stonehearth Capital Management LLC increased its position in Emerson Electric by 3.3% during the 1st quarter. Stonehearth Capital Management LLC now owns 3,320 shares of the industrial products company’s stock valued at $377,000 after buying an additional 107 shares in the last quarter. PFG Advisors boosted its holdings in Emerson Electric by 4.5% in the fourth quarter. PFG Advisors now owns 2,495 shares of the industrial products company’s stock worth $243,000 after acquiring an additional 108 shares in the last quarter. Wimmer Associates 1 LLC grew its stake in shares of Emerson Electric by 2.0% in the fourth quarter. Wimmer Associates 1 LLC now owns 5,479 shares of the industrial products company’s stock worth $533,000 after acquiring an additional 108 shares during the last quarter. Finally, Capstone Triton Financial Group LLC increased its holdings in shares of Emerson Electric by 1.0% during the third quarter. Capstone Triton Financial Group LLC now owns 11,747 shares of the industrial products company’s stock valued at $1,134,000 after acquiring an additional 113 shares in the last quarter. 74.30% of the stock is currently owned by institutional investors.

Emerson Electric Company Profile

(Get Free Report

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.

Featured Articles

Analyst Recommendations for Emerson Electric (NYSE:EMR)

Receive News & Ratings for Emerson Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerson Electric and related companies with MarketBeat.com's FREE daily email newsletter.