Emerson Electric Co. (NYSE:EMR) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Emerson Electric Co. has received an average recommendation of "Moderate Buy" from analysts, with a price target averaging $148.28 over the next twelve months.
• The company's stock performance shows a market capitalization of $74.75 billion and a 52-week trading range between $90.06 and $150.27, with current share prices opening at $132.81.
• Emerson Electric recently declared a quarterly dividend of $0.5275, representing an annualized yield of 1.6% with a payout ratio of 45.38%.

Shares of Emerson Electric Co. (NYSE:EMR - Get Free Report) have received an average recommendation of "Moderate Buy" from the twenty research firms that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, six have given a hold rating, eleven have issued a buy rating and two have issued a strong buy rating on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $148.2778.

A number of analysts recently issued reports on the company. Wells Fargo & Company reissued an "equal weight" rating and set a $140.00 price objective (down previously from $150.00) on shares of Emerson Electric in a report on Monday, October 6th. TD Cowen upgraded Emerson Electric to a "strong-buy" rating in a research note on Tuesday, July 8th. Deutsche Bank Aktiengesellschaft upped their target price on Emerson Electric from $157.00 to $159.00 and gave the stock a "buy" rating in a research note on Thursday, October 2nd. JPMorgan Chase & Co. upped their target price on Emerson Electric from $135.00 to $151.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 15th. Finally, Royal Bank Of Canada upped their target price on Emerson Electric from $154.00 to $155.00 and gave the stock an "outperform" rating in a research note on Thursday, October 16th.

Emerson Electric Stock Performance

Shares of EMR opened at $132.81 on Friday. The stock's 50-day simple moving average is $131.77 and its 200 day simple moving average is $126.91. The stock has a market capitalization of $74.75 billion, a price-to-earnings ratio of 28.56, a price-to-earnings-growth ratio of 2.30 and a beta of 1.29. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.63 and a current ratio of 0.85. Emerson Electric has a 52-week low of $90.06 and a 52-week high of $150.27.

Emerson Electric (NYSE:EMR - Get Free Report) last issued its quarterly earnings data on Thursday, April 6th. The industrial products company reported $0.79 earnings per share (EPS) for the quarter. The business had revenue of $3.16 billion for the quarter. Emerson Electric had a return on equity of 14.34% and a net margin of 14.92%. Research analysts forecast that Emerson Electric will post 5.96 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Friday, August 15th were paid a $0.5275 dividend. This represents a $2.11 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Friday, August 15th. Emerson Electric's dividend payout ratio is currently 45.38%.

Hedge Funds Weigh In On Emerson Electric

Institutional investors have recently added to or reduced their stakes in the business. MGO One Seven LLC increased its position in shares of Emerson Electric by 7.6% during the 3rd quarter. MGO One Seven LLC now owns 31,572 shares of the industrial products company's stock valued at $4,142,000 after purchasing an additional 2,227 shares during the last quarter. Citizens Financial Group Inc. RI increased its position in shares of Emerson Electric by 12.1% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 58,161 shares of the industrial products company's stock valued at $7,630,000 after purchasing an additional 6,273 shares during the last quarter. Tema Etfs LLC increased its position in shares of Emerson Electric by 38.2% during the 3rd quarter. Tema Etfs LLC now owns 34,254 shares of the industrial products company's stock valued at $4,493,000 after purchasing an additional 9,466 shares during the last quarter. Washington Trust Bank increased its position in shares of Emerson Electric by 189.1% during the 3rd quarter. Washington Trust Bank now owns 4,715 shares of the industrial products company's stock valued at $619,000 after purchasing an additional 3,084 shares during the last quarter. Finally, Winthrop Advisory Group LLC increased its position in shares of Emerson Electric by 17.5% during the 3rd quarter. Winthrop Advisory Group LLC now owns 4,407 shares of the industrial products company's stock valued at $578,000 after purchasing an additional 657 shares during the last quarter. 74.30% of the stock is currently owned by institutional investors.

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.

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