Emerson Electric (EMR) – Analysts’ Weekly Ratings Updates

A number of research firms have changed their ratings and price targets for Emerson Electric (NYSE: EMR):

  • 11/14/2019 – Emerson Electric was downgraded by analysts at HSBC Holdings plc from a “hold” rating to a “reduce” rating. They now have a $64.00 price target on the stock.
  • 11/7/2019 – Emerson Electric had its price target raised by analysts at Citigroup Inc from $77.00 to $83.00. They now have a “buy” rating on the stock.
  • 11/6/2019 – Emerson Electric had its price target raised by analysts at Morgan Stanley from $75.00 to $82.00. They now have an “overweight” rating on the stock.
  • 11/6/2019 – Emerson Electric had its price target raised by analysts at Credit Suisse Group AG from $73.00 to $80.00. They now have an “outperform” rating on the stock.
  • 11/6/2019 – Emerson Electric was downgraded by analysts at Cowen Inc from an “outperform” rating to a “market perform” rating. They now have a $72.00 price target on the stock.
  • 11/6/2019 – Emerson Electric was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 11/5/2019 – Emerson Electric was downgraded by analysts at Cfra from a “buy” rating to a “hold” rating.
  • 10/9/2019 – Emerson Electric had its price target lowered by analysts at Morgan Stanley from $76.00 to $75.00. They now have an “overweight” rating on the stock.
  • 9/30/2019 – Emerson Electric was upgraded by analysts at Royal Bank of Canada from a “sector perform” rating to an “outperform” rating. They now have a $77.00 price target on the stock, up previously from $65.00.
  • 9/30/2019 – Emerson Electric had its price target lowered by analysts at Barclays PLC from $65.00 to $64.00. They now have an “equal weight” rating on the stock.
  • 9/30/2019 – Emerson Electric was given a new $72.00 price target on by analysts at Cowen Inc. They now have a “buy” rating on the stock.
  • 9/30/2019 – Emerson Electric was given a new $71.00 price target on by analysts at Stephens. They now have a “buy” rating on the stock.
  • 9/26/2019 – Emerson Electric was given a new $72.00 price target on by analysts at Wolfe Research. They now have a “buy” rating on the stock.

NYSE EMR opened at $72.73 on Friday. The stock has a market capitalization of $45.56 billion, a price-to-earnings ratio of 19.71, a PEG ratio of 2.57 and a beta of 1.37. The stock’s 50 day moving average price is $68.84 and its two-hundred day moving average price is $65.02. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.88 and a current ratio of 1.19. Emerson Electric Co. has a 52 week low of $55.38 and a 52 week high of $75.54.

Emerson Electric (NYSE:EMR) last released its earnings results on Tuesday, November 5th. The industrial products company reported $1.07 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.07. The firm had revenue of $4.97 billion for the quarter, compared to analysts’ expectations of $5.02 billion. Emerson Electric had a return on equity of 26.32% and a net margin of 12.55%. The business’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.89 EPS. On average, equities research analysts forecast that Emerson Electric Co. will post 3.63 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Friday, November 15th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.75%. The ex-dividend date of this dividend is Thursday, November 14th. Emerson Electric’s payout ratio is 53.12%.

In other Emerson Electric news, VP Sara Yang Bosco sold 10,969 shares of the business’s stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $73.55, for a total value of $806,769.95. Following the sale, the vice president now owns 88,817 shares in the company, valued at approximately $6,532,490.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Frank J. Dellaquila sold 40,817 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $73.73, for a total value of $3,009,437.41. Following the completion of the sale, the chief financial officer now owns 278,803 shares in the company, valued at approximately $20,556,145.19. The disclosure for this sale can be found here. Insiders sold a total of 56,565 shares of company stock worth $4,168,420 in the last 90 days. Company insiders own 0.07% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EMR. Nuveen Asset Management LLC increased its position in shares of Emerson Electric by 8,529.0% during the 2nd quarter. Nuveen Asset Management LLC now owns 2,314,570 shares of the industrial products company’s stock worth $154,428,000 after purchasing an additional 2,287,747 shares during the last quarter. Longview Partners Guernsey LTD increased its position in shares of Emerson Electric by 13.7% during the 2nd quarter. Longview Partners Guernsey LTD now owns 16,863,972 shares of the industrial products company’s stock worth $1,125,164,000 after purchasing an additional 2,034,380 shares during the last quarter. Morgan Stanley increased its position in shares of Emerson Electric by 41.3% during the 2nd quarter. Morgan Stanley now owns 6,534,287 shares of the industrial products company’s stock worth $435,968,000 after purchasing an additional 1,909,769 shares during the last quarter. Senator Investment Group LP acquired a new position in shares of Emerson Electric during the 2nd quarter worth approximately $86,736,000. Finally, Jensen Investment Management Inc. increased its position in shares of Emerson Electric by 23.7% during the 2nd quarter. Jensen Investment Management Inc. now owns 3,490,998 shares of the industrial products company’s stock worth $232,919,000 after purchasing an additional 667,979 shares during the last quarter. Hedge funds and other institutional investors own 70.28% of the company’s stock.

Emerson Electric Co, a technology and engineering company, provides various solutions to industrial, commercial, and consumer markets worldwide. The company's Automation Solutions segment offers products and integrated solutions, including measurement and analytical instrumentation; valves, actuators, and regulators; industrial solutions; and process control systems and solutions.

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