Emerson Electric Co. (NYSE:EMR) Receives $136.28 Average Target Price from Analysts

Shares of Emerson Electric Co. (NYSE:EMR) have been assigned an average recommendation of “Moderate Buy” from the nineteen research firms that are presently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation, twelve have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $136.22.

Several research analysts have recently weighed in on EMR shares. Daiwa Capital Markets began coverage on shares of Emerson Electric in a research report on Tuesday, January 28th. They issued an “outperform” rating and a $147.00 target price on the stock. Daiwa America raised Emerson Electric to a “strong-buy” rating in a research report on Tuesday, January 28th. Barclays cut shares of Emerson Electric from an “equal weight” rating to an “underweight” rating and decreased their price target for the stock from $135.00 to $110.00 in a report on Monday, March 10th. JPMorgan Chase & Co. reduced their price objective on Emerson Electric from $137.00 to $135.00 and set a “neutral” rating for the company in a research report on Wednesday, January 15th. Finally, Morgan Stanley boosted their target price on shares of Emerson Electric from $105.00 to $112.00 and gave the stock an “underweight” rating in a research report on Thursday, February 6th.

Hedge Funds Weigh In On Emerson Electric

A number of institutional investors and hedge funds have recently bought and sold shares of EMR. Stephens Consulting LLC bought a new position in Emerson Electric in the 4th quarter worth approximately $25,000. Orion Capital Management LLC acquired a new position in Emerson Electric during the 4th quarter valued at about $25,000. Sugar Maple Asset Management LLC acquired a new position in Emerson Electric in the fourth quarter valued at approximately $27,000. Vega Investment Solutions acquired a new position in shares of Emerson Electric in the 4th quarter valued at $27,000. Finally, Murphy & Mullick Capital Management Corp bought a new position in Emerson Electric during the fourth quarter worth about $28,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Emerson Electric Price Performance

Shares of NYSE:EMR opened at $111.77 on Friday. The company has a market capitalization of $63.02 billion, a PE ratio of 26.67, a price-to-earnings-growth 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 stock has a fifty day moving average of $122.03 and a 200-day moving average of $119.07. Emerson Electric has a one year low of $96.62 and a one year high of $134.85.

Emerson Electric (NYSE:EMR) last announced its earnings results on Wednesday, February 5th. The industrial products company reported $1.38 EPS for the quarter, beating the consensus estimate of $1.28 by $0.10. Emerson Electric had a return on equity of 12.08% and a net margin of 13.74%. As a group, equities analysts anticipate that Emerson Electric will post 5.96 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Friday, February 14th were given a dividend of $0.5275 per share. This represents a $2.11 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date was Friday, February 14th. Emerson Electric’s dividend payout ratio (DPR) is currently 50.36%.

About Emerson Electric

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.