Shares of Emerson Electric Co. (NYSE:EMR - Get Free Report) have been given an average recommendation of "Moderate Buy" by the nineteen brokerages that are covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell rating, four have given a hold rating, twelve have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $136.28.
EMR has been the topic of a number of recent analyst reports. Loop Capital lifted their price target on shares of Emerson Electric from $130.00 to $155.00 and gave the stock a "buy" rating in a research report on Monday, December 2nd. Royal Bank of Canada reissued an "outperform" rating and set a $138.00 price target on shares of Emerson Electric in a research report on Thursday, February 6th. Daiwa Capital Markets initiated coverage on shares of Emerson Electric in a research report on Tuesday, January 28th. They set an "outperform" rating and a $147.00 price target on the stock. Daiwa America raised shares of Emerson Electric to a "strong-buy" rating in a research report on Tuesday, January 28th. Finally, Barclays lowered shares of Emerson Electric from an "equal weight" rating to an "underweight" rating and dropped their price objective for the stock from $135.00 to $110.00 in a report on Monday.
Get Our Latest Stock Report on EMR
Shares of EMR stock opened at $109.17 on Friday. Emerson Electric has a 52-week low of $96.62 and a 52-week high of $134.85. The stock has a market cap of $61.56 billion, a PE ratio of 26.05, a PEG ratio of 2.49 and a beta of 1.36. 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 firm's 50 day moving average price is $122.60 and its two-hundred day moving average price is $118.70.
Emerson Electric (NYSE:EMR - Get Free Report) last announced 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 net margin of 13.74% and a return on equity of 12.08%. As a group, analysts forecast that Emerson Electric will post 5.96 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Friday, February 14th were paid a dividend of $0.5275 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.11 annualized dividend and a dividend yield of 1.93%. Emerson Electric's dividend payout ratio is presently 50.36%.
Institutional investors have recently modified their holdings of the company. Swedbank AB boosted its holdings in shares of Emerson Electric by 127.3% during the 3rd quarter. Swedbank AB now owns 2,544,439 shares of the industrial products company's stock worth $278,285,000 after buying an additional 1,424,800 shares during the period. Howard Capital Management Group LLC boosted its holdings in shares of Emerson Electric by 10.6% during the 3rd quarter. Howard Capital Management Group LLC now owns 1,878 shares of the industrial products company's stock worth $205,000 after buying an additional 180 shares during the period. Assetmark Inc. boosted its holdings in shares of Emerson Electric by 16.5% during the 3rd quarter. Assetmark Inc. now owns 7,759 shares of the industrial products company's stock worth $849,000 after buying an additional 1,097 shares during the period. Harbour Investments Inc. boosted its holdings in shares of Emerson Electric by 2.3% during the 3rd quarter. Harbour Investments Inc. now owns 7,353 shares of the industrial products company's stock worth $804,000 after buying an additional 163 shares during the period. Finally, Aptus Capital Advisors LLC boosted its holdings in shares of Emerson Electric by 12.3% during the 3rd quarter. Aptus Capital Advisors LLC now owns 8,793 shares of the industrial products company's stock worth $962,000 after buying an additional 966 shares during the period. 74.30% of the stock is currently owned by institutional investors and hedge funds.
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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