Emerson Electric Co. (NYSE:EMR) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Emerson Electric Co. (NYSE:EMR) have earned a consensus recommendation of “Moderate Buy” from the twenty-one research firms that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation, fourteen have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $136.90.

EMR has been the topic of several recent research reports. Daiwa America upgraded shares of Emerson Electric to a “strong-buy” rating in a report on Tuesday, January 28th. Morgan Stanley lifted their target price on shares of Emerson Electric from $105.00 to $112.00 and gave the company an “underweight” rating in a report on Thursday, February 6th. Loop Capital boosted their price objective on shares of Emerson Electric from $130.00 to $155.00 and gave the stock a “buy” rating in a report on Monday, December 2nd. Daiwa Capital Markets started coverage on shares of Emerson Electric in a report on Tuesday, January 28th. They issued an “outperform” rating and a $147.00 price objective on the stock. Finally, 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 objective on the stock.

Institutional Investors Weigh In On Emerson Electric

Institutional investors have recently modified their holdings of the business. Orion Capital Management LLC bought a new stake in shares of Emerson Electric during the 4th quarter valued at about $25,000. Stephens Consulting LLC bought a new stake in shares of Emerson Electric during the 4th quarter valued at about $25,000. Vega Investment Solutions bought a new stake in shares of Emerson Electric during the 4th quarter valued at about $27,000. Sugar Maple Asset Management LLC bought a new stake in shares of Emerson Electric during the 4th quarter valued at about $27,000. Finally, Capital Performance Advisors LLP bought a new position in Emerson Electric in the 3rd quarter worth about $25,000. Institutional investors own 74.30% of the company’s stock.

Emerson Electric Stock 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 firm has a fifty day moving average of $125.08 and a 200-day moving average of $117.70. The stock has a market capitalization of $68.73 billion, a PE ratio of 29.09, a P/E/G ratio of 2.49 and a beta of 1.34. 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 (NYSE:EMR) last posted its earnings results on Wednesday, February 5th. The industrial products company reported $1.38 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.10. Emerson Electric had a net margin of 13.74% and a return on equity of 12.08%. On average, analysts anticipate that Emerson Electric will post 5.96 EPS for the current year.

Emerson Electric Announces Dividend

The firm 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 dividend of $0.5275 per share. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.73%. The ex-dividend date of this dividend is Friday, February 14th. Emerson Electric’s dividend payout ratio 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.