Emerson Electric Co. (NYSE:EMR) – Equities research analysts at William Blair issued their FY2018 earnings per share (EPS) estimates for shares of Emerson Electric in a report released on Tuesday. William Blair analyst N. Heymann expects that the firm will post earnings of $2.65 per share for the year.

Other analysts have also issued reports about the stock. Stifel Nicolaus dropped their price target on shares of Emerson Electric from $60.00 to $58.00 and set a “buy” rating on the stock in a research report on Wednesday, August 3rd. Barclays PLC dropped their price target on shares of Emerson Electric from $55.00 to $53.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 3rd. Citigroup Inc. dropped their price target on shares of Emerson Electric from $49.00 to $48.00 and set a “sell” rating on the stock in a research report on Wednesday, August 3rd. Vetr lowered shares of Emerson Electric from a “sell” rating to a “strong sell” rating and set a $44.20 price target on the stock. in a research report on Monday, November 7th. Finally, Morgan Stanley reaffirmed a “hold” rating and set a $50.00 price target on shares of Emerson Electric in a research report on Monday, August 29th. Seven investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $51.75.

Earnings History and Estimates for Emerson Electric (NYSE:EMR)

Emerson Electric (NYSE:EMR) traded up 1.31% during trading on Wednesday, reaching $55.06. 2,574,973 shares of the company’s stock were exchanged. The company’s 50-day moving average is $51.93 and its 200-day moving average is $52.76. The company has a market capitalization of $35.39 billion, a PE ratio of 21.85 and a beta of 1.14. Emerson Electric has a 1-year low of $41.25 and a 1-year high of $56.82.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 9th. Investors of record on Friday, November 11th will be issued a $0.48 dividend. This represents a $1.92 dividend on an annualized basis and a yield of 3.49%. The ex-dividend date of this dividend is Tuesday, November 8th. This is a positive change from Emerson Electric’s previous quarterly dividend of $0.48. Emerson Electric’s dividend payout ratio (DPR) is 76.19%.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Alpha Windward LLC raised its position in shares of Emerson Electric by 0.6% in the third quarter. Alpha Windward LLC now owns 4,272 shares of the company’s stock worth $233,000 after buying an additional 26 shares during the period. Capital One National Association raised its position in shares of Emerson Electric by 0.4% in the second quarter. Capital One National Association now owns 7,431 shares of the company’s stock worth $388,000 after buying an additional 27 shares during the period. Armstrong Henry H Associates Inc. raised its position in shares of Emerson Electric by 0.3% in the third quarter. Armstrong Henry H Associates Inc. now owns 9,580 shares of the company’s stock worth $522,000 after buying an additional 30 shares during the period. Buckhead Capital Management LLC raised its position in shares of Emerson Electric by 0.3% in the third quarter. Buckhead Capital Management LLC now owns 9,135 shares of the company’s stock worth $498,000 after buying an additional 30 shares during the period. Finally, NEXT Financial Group Inc raised its position in shares of Emerson Electric by 0.6% in the second quarter. NEXT Financial Group Inc now owns 5,020 shares of the company’s stock worth $261,000 after buying an additional 31 shares during the period. Institutional investors and hedge funds own 70.10% of the company’s stock.

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Emerson Electric Company Profile

Emerson Electric Co is engaged in offering technology and engineering together that provides solutions for customers in industrial, commercial, and consumer markets around the world. The company operates through five business segments: Process Management, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions.

5 Day Chart for NYSE:EMR

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