Emerson Electric (EMR) Upgraded at Berenberg Bank

Emerson Electric (NYSE:EMR) was upgraded by Berenberg Bank from a “sell” rating to a “hold” rating in a research note issued on Tuesday. The analysts noted that the move was a valuation call.

EMR has been the subject of a number of other reports. Cowen reiterated a “buy” rating and issued a $78.00 target price on shares of Emerson Electric in a research note on Wednesday, April 18th. Zacks Investment Research upgraded shares of Emerson Electric from a “hold” rating to a “buy” rating and set a $77.00 target price for the company in a research note on Tuesday, April 17th. Robert W. Baird lifted their target price on shares of Emerson Electric from $70.00 to $76.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 7th. JMP Securities cut shares of Emerson Electric from an “outperform” rating to a “market perform” rating and lowered their target price for the stock from $74.45 to $56.77 in a research note on Thursday, February 1st. Finally, Wells Fargo reiterated a “market perform” rating and issued a $73.00 target price (up from $65.00) on shares of Emerson Electric in a research note on Thursday, January 18th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have given a buy rating to the stock. Emerson Electric presently has a consensus rating of “Hold” and a consensus price target of $71.07.

Shares of Emerson Electric stock opened at $69.90 on Tuesday. The company has a current ratio of 1.32, a quick ratio of 1.02 and a debt-to-equity ratio of 0.40. Emerson Electric has a 52-week low of $56.77 and a 52-week high of $74.45. The company has a market capitalization of $44,565.60, a PE ratio of 26.48, a PEG ratio of 2.13 and a beta of 1.18.



Emerson Electric (NYSE:EMR) last issued its quarterly earnings data on Tuesday, February 6th. The industrial products company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.04. Emerson Electric had a net margin of 10.09% and a return on equity of 20.73%. The firm had revenue of $3.82 billion for the quarter, compared to the consensus estimate of $3.72 billion. During the same quarter in the previous year, the firm earned $0.49 EPS. The company’s quarterly revenue was up 18.7% compared to the same quarter last year. equities research analysts expect that Emerson Electric will post 3.12 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Keeler Thomas Management LLC acquired a new stake in Emerson Electric during the 4th quarter valued at approximately $818,000. Baugh & Associates LLC acquired a new stake in Emerson Electric during the 4th quarter valued at approximately $2,144,000. Jump Trading LLC lifted its stake in Emerson Electric by 124.3% during the 4th quarter. Jump Trading LLC now owns 7,141 shares of the industrial products company’s stock valued at $498,000 after acquiring an additional 3,957 shares during the period. Vantage Financial Partners Ltd. Inc. acquired a new stake in Emerson Electric during the 4th quarter valued at approximately $202,000. Finally, Moors & Cabot Inc. lifted its stake in Emerson Electric by 2.3% during the 4th quarter. Moors & Cabot Inc. now owns 62,509 shares of the industrial products company’s stock valued at $4,353,000 after acquiring an additional 1,434 shares during the period. Institutional investors and hedge funds own 69.86% of the company’s stock.

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Emerson Electric Company Profile

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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