Bailard Inc. trimmed its stake in shares of Emerson Electrical Co. (NYSE:EMR – Free Report) by 1.1% in the course of the second quarter, HoldingsChannel.com stories. The agency owned 40,506 shares of the commercial merchandise firm’s inventory after promoting 467 shares in the course of the quarter. Bailard Inc.’s holdings in Emerson Electrical had been price $4,462,000 as of its most up-to-date submitting with the SEC.
Numerous different hedge funds and different institutional buyers additionally not too long ago made modifications to their positions in EMR. CWM LLC grew its place in Emerson Electrical by 9.3% in the course of the fourth quarter. CWM LLC now owns 14,649 shares of the commercial merchandise firm’s inventory price $1,426,000 after shopping for an extra 1,243 shares within the final quarter. Atria Wealth Options Inc. grew its place in Emerson Electrical by 5.8% in the course of the fourth quarter. Atria Wealth Options Inc. now owns 37,909 shares of the commercial merchandise firm’s inventory price $3,690,000 after shopping for an extra 2,076 shares within the final quarter. Syon Capital LLC grew its place in Emerson Electrical by 26.9% in the course of the fourth quarter. Syon Capital LLC now owns 3,452 shares of the commercial merchandise firm’s inventory price $336,000 after shopping for an extra 732 shares within the final quarter. Bryn Mawr Capital Administration LLC grew its place in Emerson Electrical by 21.1% in the course of the fourth quarter. Bryn Mawr Capital Administration LLC now owns 14,763 shares of the commercial merchandise firm’s inventory price $1,437,000 after shopping for an extra 2,577 shares within the final quarter. Lastly, Addison Advisors LLC grew its place in Emerson Electrical by 218.8% in the course of the fourth quarter. Addison Advisors LLC now owns 1,610 shares of the commercial merchandise firm’s inventory price $157,000 after shopping for an extra 1,105 shares within the final quarter. 74.30% of the inventory is at the moment owned by institutional buyers.
Wall Road Analysts Forecast Progress
A number of analysis companies not too long ago commented on EMR. Redburn Atlantic started protection on Emerson Electrical in a analysis report on Monday, July eighth. They set a “purchase” ranking and a $135.00 goal worth for the corporate. Mizuho upped their worth goal on Emerson Electrical from $130.00 to $135.00 and gave the inventory a “purchase” ranking in a report on Thursday, Might ninth. Loop Capital upped their worth goal on Emerson Electrical from $130.00 to $135.00 and gave the inventory a “purchase” ranking in a report on Friday, Might tenth. JPMorgan Chase & Co. lower Emerson Electrical from an “chubby” ranking to a “impartial” ranking and lower their worth goal for the inventory from $132.00 to $115.00 in a report on Wednesday, August 14th. Lastly, Oppenheimer lower their worth goal on Emerson Electrical from $125.00 to $120.00 and set an “outperform” ranking for the corporate in a report on Thursday, August eighth. 5 analysts have rated the inventory with a maintain ranking and fourteen have given a purchase ranking to the inventory. Based on MarketBeat.com, the inventory has a consensus ranking of “Average Purchase” and a mean goal worth of $124.33.
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Emerson Electrical Buying and selling Up 0.3 %
Shares of EMR inventory opened at $104.91 on Tuesday. The enterprise has a 50-day shifting common of $109.73 and a 200 day shifting common of $109.95. The inventory has a market capitalization of $60.02 billion, a PE ratio of 5.61, a P/E/G ratio of 1.93 and a beta of 1.32. The corporate has a debt-to-equity ratio of 0.28, a present ratio of 1.18 and a fast ratio of 0.87. Emerson Electrical Co. has a 1-year low of $83.10 and a 1-year excessive of $119.53.
Emerson Electrical (NYSE:EMR – Get Free Report) final launched its quarterly earnings outcomes on Wednesday, August seventh. The economic merchandise firm reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.42 by $0.01. The enterprise had income of $4.38 billion in the course of the quarter, in comparison with analyst estimates of $4.44 billion. Emerson Electrical had a return on fairness of 11.14% and a internet margin of 64.97%. Emerson Electrical’s quarterly income was up 11.0% in comparison with the identical quarter final 12 months. Throughout the identical quarter within the prior 12 months, the corporate posted $1.29 EPS. As a gaggle, sell-side analysts anticipate that Emerson Electrical Co. will submit 5.47 earnings per share for the present 12 months.
Emerson Electrical Dividend Announcement
The agency additionally not too long ago declared a quarterly dividend, which will probably be paid on Tuesday, September tenth. Shareholders of file on Friday, August sixteenth will probably be given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized foundation and a yield of two.00%. The ex-dividend date is Friday, August sixteenth. Emerson Electrical’s payout ratio is 11.24%.
Emerson Electrical Firm Profile
Emerson Electrical Co, a expertise and software program firm, offers numerous options for patrons in industrial, business, 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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