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

Emerson Electric Co. (NYSE:EMR - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the nineteen analysts that are presently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, four have given a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $131.67.

A number of research firms recently commented on EMR. Royal Bank of Canada reiterated an "outperform" rating and issued a $138.00 target price on shares of Emerson Electric in a report on Thursday, February 6th. JPMorgan Chase & Co. dropped their target price on shares of Emerson Electric from $135.00 to $110.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 8th. Morgan Stanley upped their price target on shares of Emerson Electric from $105.00 to $112.00 and gave the company an "underweight" rating in a research report on Thursday, February 6th. Barclays lowered their price objective on shares of Emerson Electric from $105.00 to $99.00 and set an "underweight" rating on the stock in a research report on Thursday, April 10th. Finally, Wells Fargo & Company increased their target price on Emerson Electric from $140.00 to $142.00 and gave the company an "overweight" rating in a report on Thursday, February 6th.

Hedge Funds Weigh In On Emerson Electric

A number of institutional investors have recently made changes to their positions in EMR. Stephens Consulting LLC acquired a new stake in Emerson Electric in the 4th quarter worth $25,000. Orion Capital Management LLC bought a new stake in Emerson Electric in the fourth quarter valued at about $25,000. Sugar Maple Asset Management LLC acquired a new position in Emerson Electric in the fourth quarter worth about $27,000. Vega Investment Solutions bought a new position in Emerson Electric during the fourth quarter worth about $27,000. Finally, Murphy & Mullick Capital Management Corp acquired a new stake in Emerson Electric during the fourth quarter valued at approximately $28,000. 74.30% of the stock is currently owned by institutional investors.

Emerson Electric Price Performance

Shares of NYSE:EMR opened at $108.41 on Friday. The company has a current ratio of 1.54, a quick ratio of 1.17 and a debt-to-equity ratio of 0.25. The firm's 50 day moving average is $107.63 and its two-hundred day moving average is $118.45. The firm has a market capitalization of $61.13 billion, a P/E ratio of 25.87, a PEG ratio of 2.49 and a beta of 1.28. Emerson Electric has a 52 week low of $90.06 and a 52 week high of $134.85.

Emerson Electric (NYSE:EMR - Get Free Report) last announced its earnings results on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share (EPS) for the quarter, beating 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%. Analysts anticipate that Emerson Electric will post 5.96 earnings per share for the current year.

Emerson Electric Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Friday, February 14th were issued a dividend of $0.5275 per share. The ex-dividend date was Friday, February 14th. This represents a $2.11 annualized dividend and a yield of 1.95%. Emerson Electric's dividend payout ratio (DPR) is presently 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.

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