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

Emerson Electric Co. (NYSE:EMR - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the twenty-one brokerages that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, five have issued a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $136.90.

A number of brokerages have recently commented on EMR. BNP Paribas started coverage on shares of Emerson Electric in a report on Wednesday, November 13th. They issued an "outperform" rating and a $155.00 price target on the stock. Barclays boosted their price objective on shares of Emerson Electric from $116.00 to $135.00 and gave the stock an "equal weight" rating in a report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft lifted their target price 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. Wells Fargo & Company boosted their target price on Emerson Electric from $140.00 to $142.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Finally, Robert W. Baird upped their price target 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.

Emerson Electric Stock Performance

NYSE:EMR traded down $0.54 during trading hours on Monday, reaching $124.47. The stock had a trading volume of 1,781,195 shares, compared to its average volume of 2,916,796. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.17 and a current ratio of 1.54. The stock has a market cap of $70.19 billion, a P/E ratio of 29.71, a price-to-earnings-growth ratio of 2.46 and a beta of 1.34. Emerson Electric has a 12-month low of $96.62 and a 12-month high of $134.85. The stock has a 50 day simple moving average of $125.38 and a 200 day simple moving average of $117.35.

Emerson Electric (NYSE:EMR - Get Free Report) last released its quarterly earnings data 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 return on equity of 12.08% and a net margin of 13.74%. On average, 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 will be paid on Monday, March 10th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.5275 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $2.11 annualized dividend and a yield of 1.70%. Emerson Electric's dividend payout ratio is 50.36%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in Emerson Electric by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 53,536,974 shares of the industrial products company's stock valued at $6,634,837,000 after acquiring an additional 384,313 shares during the period. State Street Corp grew its position in Emerson Electric by 6.2% in the 3rd quarter. State Street Corp now owns 25,810,167 shares of the industrial products company's stock worth $2,822,858,000 after purchasing an additional 1,507,980 shares during the period. Wellington Management Group LLP lifted its holdings in shares of Emerson Electric by 4.2% during the 3rd quarter. Wellington Management Group LLP now owns 14,552,544 shares of the industrial products company's stock valued at $1,591,612,000 after buying an additional 581,102 shares during the period. Geode Capital Management LLC grew its holdings in shares of Emerson Electric by 2.0% in the fourth quarter. Geode Capital Management LLC now owns 11,685,615 shares of the industrial products company's stock worth $1,443,725,000 after acquiring an additional 232,540 shares during the period. Finally, Norges Bank bought a new position in Emerson Electric in the fourth quarter valued at about $885,886,000. Hedge funds and other institutional investors own 74.30% of the company's stock.

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.