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

Shares of Emerson Electric Co. (NYSE:EMR) have been given a consensus recommendation of “Moderate Buy” by the twenty-one brokerages that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation, fourteen have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $136.90.

A number of research analysts recently commented on EMR shares. Wells Fargo & Company increased their target price on shares of Emerson Electric from $140.00 to $142.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Daiwa America raised shares of Emerson Electric to a “strong-buy” rating in a research report on Tuesday, January 28th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Emerson Electric from $136.00 to $140.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. Jefferies Financial Group started coverage on shares of Emerson Electric in a research report on Thursday, December 12th. They issued a “buy” rating and a $160.00 target price on the stock. Finally, Loop Capital increased their target price on shares of Emerson Electric from $130.00 to $155.00 and gave the company a “buy” rating in a research report on Monday, December 2nd.

Institutional Investors Weigh In On Emerson Electric

Hedge funds have recently added to or reduced their stakes in the company. Orion Capital Management LLC acquired a new stake in Emerson Electric in the fourth quarter valued at about $25,000. Stephens Consulting LLC purchased a new position in shares of Emerson Electric during the 4th quarter worth approximately $25,000. Vega Investment Solutions purchased a new position in shares of Emerson Electric during the 4th quarter worth approximately $27,000. Sugar Maple Asset Management LLC purchased a new position in shares of Emerson Electric during the 4th quarter worth approximately $27,000. Finally, Capital Performance Advisors LLP purchased a new position in shares of Emerson Electric during the 3rd quarter worth approximately $25,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Emerson Electric Trading Down 2.3 %

Shares of NYSE:EMR opened at $121.88 on Monday. Emerson Electric has a 52 week low of $96.62 and a 52 week high of $134.85. The company’s 50 day moving average is $125.08 and its two-hundred day moving average is $117.70. 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 company has a market cap of $68.73 billion, a PE ratio of 29.09, a P/E/G ratio of 2.49 and a beta of 1.34.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $1.38 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%. Equities analysts predict that Emerson Electric will post 5.96 earnings per share for the current fiscal year.

Emerson Electric Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Friday, February 14th will be given a $0.5275 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $2.11 dividend on an annualized basis and a yield of 1.73%. Emerson Electric’s payout ratio is currently 50.36%.

About Emerson Electric

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.