V Sq. Quantitative Administration LLC raised its place in Emerson Electrical Co. (NYSE:EMR – Free Report) by 82.0% within the third quarter, in response to its most up-to-date Type 13F submitting with the SEC. The institutional investor owned 3,977 shares of the economic merchandise firm’s inventory after shopping for a further 1,792 shares in the course of the interval. V Sq. Quantitative Administration LLC’s holdings in Emerson Electrical had been price $435,000 on the finish of the latest quarter.
Different institutional traders and hedge funds additionally just lately added to or diminished their stakes within the firm. Transcendent Capital Group LLC bought a brand new place in Emerson Electrical within the first quarter valued at $31,000. Meeder Asset Administration Inc. elevated its stake in shares of Emerson Electrical by 361.5% in the course of the second quarter. Meeder Asset Administration Inc. now owns 300 shares of the economic merchandise firm’s inventory price $33,000 after buying a further 235 shares within the final quarter. Tributary Capital Administration LLC bought a brand new stake in shares of Emerson Electrical in the course of the first quarter price about $35,000. Versant Capital Administration Inc elevated its stake in shares of Emerson Electrical by 471.9% in the course of the second quarter. Versant Capital Administration Inc now owns 326 shares of the economic merchandise firm’s inventory price $36,000 after buying a further 269 shares within the final quarter. Lastly, Thompson Funding Administration Inc. elevated its stake in shares of Emerson Electrical by 2,650.0% in the course of the first quarter. Thompson Funding Administration Inc. now owns 385 shares of the economic merchandise firm’s inventory price $44,000 after buying a further 371 shares within the final quarter. Hedge funds and different institutional traders personal 74.30% of the corporate’s inventory.
Emerson Electrical Worth Efficiency
Shares of EMR opened at $110.44 on Friday. Emerson Electrical Co. has a fifty-two week low of $83.10 and a fifty-two week excessive of $119.53. The agency’s 50 day transferring common value is $105.66 and its 200 day transferring common value is $109.18. The corporate has a fast ratio of 0.86, a present ratio of 1.16 and a debt-to-equity ratio of 0.27. The corporate has a market cap of $63.18 billion, a P/E ratio of 5.91, a PEG ratio of 1.70 and a beta of 1.30.
Emerson Electrical (NYSE:EMR – Get Free Report) final introduced its quarterly earnings knowledge on Wednesday, August seventh. The commercial merchandise firm reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.42 by $0.01. Emerson Electrical had a web margin of 10.12% and a return on fairness of 11.41%. The corporate had income of $4.38 billion for the quarter, in comparison with the consensus estimate of $4.44 billion. Throughout the identical interval within the prior yr, the agency posted $1.29 EPS. The corporate’s quarterly income was up 11.0% in comparison with the identical quarter final yr. On common, analysis analysts forecast that Emerson Electrical Co. will submit 5.48 earnings per share for the present fiscal yr.
Emerson Electrical Publicizes Dividend
The enterprise additionally just lately introduced a quarterly dividend, which was paid on Tuesday, September tenth. Buyers of report on Friday, August sixteenth got a $0.525 dividend. This represents a $2.10 dividend on an annualized foundation and a dividend yield of 1.90%. The ex-dividend date of this dividend was Friday, August sixteenth. Emerson Electrical’s dividend payout ratio (DPR) is 11.24%.
Analysts Set New Worth Targets
Quite a lot of analysts have just lately commented on the inventory. Redburn Atlantic assumed protection on shares of Emerson Electrical in a analysis notice on Monday, July eighth. They set a “purchase” score and a $135.00 goal value for the corporate. Oppenheimer boosted their goal value on shares of Emerson Electrical from $120.00 to $125.00 and gave the inventory an “outperform” score in a analysis notice on Thursday, September twenty sixth. Robert W. Baird boosted their value goal on shares of Emerson Electrical from $116.00 to $117.00 and gave the inventory a “impartial” score in a analysis report on Thursday, August eighth. Morgan Stanley started protection on shares of Emerson Electrical in a analysis report on Friday, September sixth. They set an “underweight” score and a $105.00 value goal on the inventory. Lastly, Barclays lowered their value goal on shares of Emerson Electrical from $110.00 to $103.00 and set an “equal weight” score on the inventory in a analysis report on Thursday, August eighth. One analysis analyst has rated the inventory with a promote score, six have given a maintain score and eleven have assigned a purchase score to the corporate. Based mostly on knowledge from MarketBeat, the corporate at the moment has a median score of “Reasonable Purchase” and a consensus goal value of $125.47.
View Our Newest Evaluation on Emerson Electrical
About Emerson Electrical
Emerson Electrical Co, a expertise and software program firm, supplies numerous options for purchasers in industrial, industrial, and shopper markets within the Americas, Asia, the Center East, Africa, and Europe. It operates in six segments: Ultimate Management, Management Programs & Software program, Measurement & Analytical, AspenTech, Discrete Automation, and Security & Productiveness.
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