Emerson Electric (EMR) Earning Somewhat Favorable News Coverage, Study Finds
Media stories about Emerson Electric (NYSE:EMR) have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Emerson Electric earned a media sentiment score of 2.00 on their scale. InfoTrie also gave news coverage about the industrial products company an news buzz score of 7 out of 10, indicating that recent press coverage is likely to have an impact on the company’s share price in the immediate future.
These are some of the news articles that may have impacted Emerson Electric’s ranking:
- The vibes behind this transformation: Emerson Electric Co. (EMR), Alaska Air Group, Inc. (ALK) (finbulletin.com)
- An Opportunity To Generate Profits For Investors:: Emerson Electric Co., (NYSE: EMR) (nysenewstimes.com)
- Stock in the NEWS Limelight: – Emerson Electric Co., (NYSE: EMR) (nysenewstoday.com)
- Emerson Electric Co. (EMR) Snapshot of Recent Traded Stock (nasdaqclick.com)
- Emerson Says It Doesn’t Belong In Ex-Unit’s $100M IP Row (law360.com)
Shares of NYSE EMR traded up $1.41 during mid-day trading on Thursday, reaching $68.81. The company had a trading volume of 4,314,756 shares, compared to its average volume of 3,190,401. The company has a quick ratio of 0.78, a current ratio of 1.07 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $42.11 billion, a price-to-earnings ratio of 20.36, a PEG ratio of 2.04 and a beta of 1.20. Emerson Electric has a 1-year low of $57.47 and a 1-year high of $79.70.
The business also recently announced a quarterly dividend, which will be paid on Monday, December 10th. Investors of record on Friday, November 16th will be issued a $0.49 dividend. This represents a $1.96 dividend on an annualized basis and a dividend yield of 2.85%. This is a boost from Emerson Electric’s previous quarterly dividend of $0.49. The ex-dividend date is Thursday, November 15th. Emerson Electric’s payout ratio is presently 57.40%.
Several equities analysts have recently issued reports on the company. Zacks Investment Research cut Emerson Electric from a “hold” rating to a “sell” rating in a research report on Tuesday. Robert W. Baird lowered their price target on Emerson Electric from $80.00 to $78.00 and set a “neutral” rating on the stock in a research report on Monday. William Blair reiterated a “market perform” rating on shares of Emerson Electric in a research report on Tuesday, November 6th. UBS Group set a $85.00 price target on Emerson Electric and gave the company a “buy” rating in a research report on Thursday, November 8th. Finally, Deutsche Bank set a $79.00 price target on Emerson Electric and gave the company a “buy” rating in a research report on Wednesday, November 7th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and thirteen have issued a buy rating to the company. Emerson Electric presently has an average rating of “Hold” and a consensus price target of $78.41.
In related news, President Edward L. Monser sold 30,000 shares of Emerson Electric stock in a transaction on Friday, September 7th. The stock was sold at an average price of $75.84, for a total value of $2,275,200.00. Following the transaction, the president now directly owns 176,477 shares in the company, valued at approximately $13,384,015.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Edward L. Monser sold 60,000 shares of Emerson Electric stock in a transaction on Monday, September 10th. The stock was sold at an average price of $76.10, for a total value of $4,566,000.00. Following the completion of the transaction, the president now owns 176,477 shares in the company, valued at $13,429,899.70. The disclosure for this sale can be found here. Insiders own 0.84% of the company’s stock.
About Emerson Electric
Emerson Electric Co, a technology and engineering company, provides various solutions to industrial, commercial, and residential markets worldwide. The company's Automation Solutions segment offers software; measurement and analytical instrumentation; valves, actuators, and regulators; industry services and solutions; process control systems and solutions; and digital plant solutions.
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