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

Shares of Emerson Electric Co. (NYSE:EMR - Get Free Report) have earned an average rating of "Moderate Buy" from the nineteen ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, twelve have given a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokerages that have covered the stock in the last year is $132.39.

A number of brokerages have recently commented on EMR. Citigroup started coverage on Emerson Electric in a research note on Monday, March 17th. They issued a "buy" rating and a $132.00 price target for the company. Daiwa America upgraded shares of Emerson Electric to a "strong-buy" rating in a report on Tuesday, January 28th. Barclays reduced their price target 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. Morgan Stanley upped their price objective 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. Finally, KeyCorp reduced their target price on Emerson Electric from $158.00 to $125.00 and set an "overweight" rating on the stock in a report on Tuesday.

Emerson Electric Trading Up 0.6 %

EMR stock traded up $0.60 during midday trading on Tuesday, reaching $100.33. The company's stock had a trading volume of 3,621,137 shares, compared to its average volume of 2,899,380. The business's 50-day simple moving average is $114.17 and its 200-day simple moving average is $119.34. The company has a quick ratio of 1.17, a current ratio of 1.54 and a debt-to-equity ratio of 0.25. Emerson Electric has a 52 week low of $90.06 and a 52 week high of $134.85. The stock has a market cap of $56.57 billion, a PE ratio of 23.94, a price-to-earnings-growth ratio of 2.49 and a beta of 1.28.

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Emerson Electric (NYSE:EMR - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.28 by $0.10. Emerson Electric had a return on equity of 12.08% and a net margin of 13.74%. As a group, sell-side analysts expect that Emerson Electric will post 5.96 EPS for the current year.

Emerson Electric Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Friday, February 14th were given a $0.5275 dividend. This represents a $2.11 dividend on an annualized basis and a yield of 2.10%. The ex-dividend date of this dividend was Friday, February 14th. Emerson Electric's dividend payout ratio (DPR) is currently 50.36%.

Institutional Investors Weigh In On Emerson Electric

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Stephens Consulting LLC bought a new stake in Emerson Electric during the fourth quarter worth about $25,000. Orion Capital Management LLC acquired a new stake in shares of Emerson Electric in the 4th quarter valued at approximately $25,000. Sugar Maple Asset Management LLC bought a new position in shares of Emerson Electric in the fourth quarter valued at $27,000. Vega Investment Solutions acquired a new position in Emerson Electric during the fourth quarter worth $27,000. Finally, Murphy & Mullick Capital Management Corp bought a new stake in Emerson Electric during the fourth quarter worth $28,000. 74.30% of the stock is 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.