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

Emerson Electric Co. (NYSE:EMR) has been assigned an average recommendation of “Moderate Buy” from the twenty-one ratings firms that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation, fourteen have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $136.90.

A number of equities analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Emerson Electric from $136.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Robert W. Baird boosted their target price on shares of Emerson Electric from $117.00 to $118.00 and gave the company a “neutral” rating in a report on Monday, November 4th. Daiwa America upgraded shares of Emerson Electric to a “strong-buy” rating in a report on Tuesday, January 28th. StockNews.com upgraded shares of Emerson Electric from a “hold” rating to a “buy” rating in a report on Friday, February 7th. Finally, Barclays boosted their target price on shares of Emerson Electric from $116.00 to $135.00 and gave the company an “equal weight” rating in a report on Thursday, December 5th.

Institutional Investors Weigh In On Emerson Electric

Several large investors have recently added to or reduced their stakes in EMR. GDS Wealth Management increased its position in shares of Emerson Electric by 2.0% in the 4th quarter. GDS Wealth Management now owns 3,965 shares of the industrial products company’s stock valued at $491,000 after purchasing an additional 79 shares during the last quarter. Mcdonald Partners LLC increased its position in shares of Emerson Electric by 0.6% in the 4th quarter. Mcdonald Partners LLC now owns 14,207 shares of the industrial products company’s stock valued at $1,761,000 after purchasing an additional 81 shares during the last quarter. Berkshire Bank increased its position in shares of Emerson Electric by 3.6% in the 4th quarter. Berkshire Bank now owns 2,588 shares of the industrial products company’s stock valued at $321,000 after purchasing an additional 89 shares during the last quarter. Little House Capital LLC increased its position in shares of Emerson Electric by 0.5% in the 4th quarter. Little House Capital LLC now owns 17,009 shares of the industrial products company’s stock valued at $2,108,000 after purchasing an additional 89 shares during the last quarter. Finally, Grove Bank & Trust increased its position in shares of Emerson Electric by 5.4% in the 4th quarter. Grove Bank & Trust now owns 1,749 shares of the industrial products company’s stock valued at $217,000 after purchasing an additional 90 shares during the last quarter. 74.30% of the stock is owned by hedge funds and other institutional investors.

Emerson Electric Stock Down 1.6 %

EMR opened at $123.30 on Monday. Emerson Electric has a fifty-two week low of $96.62 and a fifty-two week high of $134.85. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.40 and a current ratio of 1.54. The company has a fifty day moving average of $125.73 and a two-hundred day moving average of $117.11. The stock has a market capitalization of $70.22 billion, a price-to-earnings ratio of 29.43, a PEG ratio of 2.16 and a beta of 1.34.

Emerson Electric (NYSE:EMR) last released its earnings results on Wednesday, February 5th. The industrial products company reported $1.38 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.10. Emerson Electric had a net margin of 13.74% and a return on equity of 12.08%. On average, research analysts expect that Emerson Electric will post 5.95 earnings per share for the current year.

Emerson Electric Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Friday, February 14th will be paid a dividend of $0.5275 per share. This represents a $2.11 annualized dividend and a yield of 1.71%. The ex-dividend date of this dividend is Friday, February 14th. Emerson Electric’s payout ratio is currently 50.36%.

Emerson Electric Company Profile

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.