Deutsche Bank AG restated their hold rating on shares of Emerson Electric Co. (NYSE:EMR) in a research note published on Thursday morning.

Analyst Recommendations for Emerson Electric (NYSE:EMR)

Several other equities analysts have also issued reports on EMR. Oppenheimer Holdings Inc. reiterated a hold rating on shares of Emerson Electric in a research note on Wednesday, June 22nd. Bank of America Corp. reiterated a sell rating on shares of Emerson Electric in a research note on Wednesday, June 22nd. Robert W. Baird reiterated a neutral rating and issued a $58.00 target price on shares of Emerson Electric in a research note on Monday, June 27th. Sanford C. Bernstein reiterated a market perform rating on shares of Emerson Electric in a research note on Monday, June 27th. Finally, Credit Suisse Group AG reiterated a buy rating on shares of Emerson Electric in a research note on Sunday, July 10th. Five research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of $52.82.

Emerson Electric (NYSE:EMR) opened at 51.22 on Thursday. The stock has a 50 day moving average of $53.07 and a 200 day moving average of $53.36. Emerson Electric has a 52 week low of $41.25 and a 52 week high of $56.82. The company has a market cap of $32.96 billion, a PE ratio of 18.14 and a beta of 1.23.

Emerson Electric (NYSE:EMR) last posted its earnings results on Tuesday, August 2nd. The company reported $0.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.84 by $0.04. Emerson Electric had a net margin of 8.96% and a return on equity of 24.63%. The company earned $5.10 billion during the quarter, compared to analysts’ expectations of $5.34 billion. Equities research analysts predict that Emerson Electric will post $2.93 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, September 9th. Stockholders of record on Friday, August 12th were paid a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a dividend yield of 3.71%. The ex-dividend date of this dividend was Wednesday, August 10th. Emerson Electric’s payout ratio is 67.38%.

Hedge funds and other institutional investors have recently made changes to their positions in the company. M&R Capital Management Inc. acquired a new position in shares of Emerson Electric during the second quarter valued at $103,000. Arcadia Investment Management Corp MI boosted its stake in shares of Emerson Electric by 11.4% in the second quarter. Arcadia Investment Management Corp MI now owns 2,281 shares of the company’s stock valued at $119,000 after buying an additional 234 shares during the last quarter. Americafirst Capital Management LLC purchased a new stake in shares of Emerson Electric during the second quarter valued at approximately $128,000. TCI Wealth Advisors Inc. boosted its stake in shares of Emerson Electric by 90.6% in the second quarter. TCI Wealth Advisors Inc. now owns 2,524 shares of the company’s stock valued at $132,000 after buying an additional 1,200 shares during the last quarter. Finally, Integrated Investment Consultants LLC boosted its stake in shares of Emerson Electric by 99.5% in the second quarter. Integrated Investment Consultants LLC now owns 2,530 shares of the company’s stock valued at $132,000 after buying an additional 1,262 shares during the last quarter. 69.40% of the stock is owned by institutional investors and hedge funds.

Emerson Electric Company Profile

Emerson Electric Co is engaged in offering technology and engineering together that provides solutions for customers in industrial, commercial, and consumer markets around the world. The company operates through five business segments: Process Management, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions.

5 Day Chart for NYSE:EMR

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