Economy

Stock Impressing Investors: Emerson Electric Co. (NYSE:EMR)

The stock has "Hold" rating by RBC Capital Markets on Monday, July 10.

TRADEMARK VIOLATION NOTICE: "Cowen and Company Upgrades Emerson Electric Company (EMR) to Buy" was posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. Badgley Phelps & Bell reported 3,575 shares stake. (NYSE:EMR)'s stock has changed 17.99%. Pioneer Management holds 0.07% or 421,945 shares. Ferro Corp now has $1.98 billion valuation. The stock has reached the $66.04 mark after a recent check. Vanguard Group Inc. now owns 43,698,252 shares of the industrial products company's stock worth $2,615,777,000 after buying an additional 2,404,844 shares during the last quarter. Emerson Electric Co. (NYSE:EMR) has risen 18.47% since October 23, 2016 and is uptrending. It has outperformed by 1.77% the S&P500. Ubiquitech Software Corp (OTCMKTS:UBQU) has 0.00% since October 23, 2016 and is. Bank of America Corporation upgraded shares of Emerson Electric from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $64.44 to $79.00 in a report on Tuesday, October 17th. It has underperformed by 21.16% the S&P500. Murphy Pohlad Asset Management Llc bought 11,100 shares as the company's stock declined 7.72% while stock markets rallied. The Firm optimizes service processes across the Web, social and phone channels.

Investors sentiment increased to 1 in Q2 2017. This dividend represents a yield of $3.03. It dropped, as 68 investors sold MCD shares while 616 reduced holdings. Insiders own 0.79% of the company's stock. Liberty Management holds 7,536 shares or 0.27% of its portfolio. Spark Ltd Com accumulated 21,200 shares. 440.67 million shares or 1.25% more from 435.22 million shares in 2017Q1 were reported. Deutsche Bank & Trust Ag invested in 694,513 shares. The institutional investor held 129,879 shares of the consumer electronics and appliances company at the end of 2017Q2, valued at $7.74 million, down from 146,654 at the end of the previous reported quarter. California-based Wells Fargo Mn has invested 0.02% in Apache Corporation (NYSE:APA). Stevens First Principles Investment has 0% invested in AbbVie Inc (NYSE:ABBV) for 95 shares. Carlton Hofferkamp And Jenks Wealth Mngmt Ltd Com has 4,656 shares for 0.19% of their portfolio. Archford Cap Strategies Llc owns 62 shares or 0% of their United States portfolio. Fukoku Mutual Life Insur invested in 1,300 shares. Citigroup Inc. reissued a sell rating and set a $61.00 price objective (up previously from $58.00) on shares of Emerson Electric in a research report on Monday, October 9th.

Investors sentiment increased to 1 in 2017 Q2. Its up 0.28, from 1.1 in 2017Q1. It is positive, as 60 investors sold Emerson Electric Co. shares while 407 reduced holdings.

In other Emerson Electric news, insider Robert T. Sharp sold 2,000 shares of the stock in a transaction on Thursday, August 31st. Eagleclaw Cap Managment Ltd Liability Company holds 25,950 shares or 0.41% of its portfolio. UBS downgraded Emerson Electric Co. It also reduced Prestige Brands Hldgs Inc (NYSE:PBH) stake by 54,442 shares and now owns 531,683 shares. Meyer Handelman reported 0.35% of its portfolio in Emerson Electric Co. (NYSE:EMR) for 603,117 shares. South State has 94,958 shares. Sns Fin Grp Ltd Liability owns 0.12% invested in Emerson Electric Co. (NYSE:EMR) for 10,251 shares. State Board Of Administration Of Florida Retirement owns 72,529 shares or 0% of their U.S. portfolio. Dowling & Yahnke LLC's holdings in Emerson Electric were worth $3,097,000 as of its most recent SEC filing. (NYSE:EMR). Sva Plumb Wealth Mgmt Ltd Liability Co invested in 45,206 shares. Intact Invest Inc stated it has 0.47% of its portfolio in McDonald's Corporation (NYSE:MCD). (NYSE:EMR). Qci Asset Ny holds 1,682 shares or 0.01% of its portfolio. 37,045 are held by Covington Invest Advisors.

Berkshire Asset Management Llc decreased Wp Carey (NYSE:WPC) stake by 18,586 shares to 268,768 valued at $17.74 million in 2017Q2. It also reduced Comcast Corporation Class A (NASDAQ:CMCSA) stake by 286,297 shares and now owns 3.92 million shares. Costar Group Inc (NASDAQ:CSGP) was raised too.

According to Zacks, "Prolonged softness in the oil and gas markets has affected both capital spending and operational expenditure of clients, thereby marring Emerson's order rates in power generating alternators and electrical distribution businesses". (NYSE:EMR). Asset Strategies stated it has 9,459 shares or 0.17% of all its holdings. Therefore 33% are positive. Hologic had 40 analyst reports since July 24, 2015 according to SRatingsIntel. For the past month, Emerson Electric Co.'s stock has been 3.69%, 9.58% for the last quarter, 9.89% for the past six months and 31.17% for the past 52 weeks. Cowen and Company raised shares of Emerson Electric from a market perform rating to an outperform rating in a research report on Tuesday. Argus Research downgraded the stock to "Hold" rating in Thursday, August 6 report. The stock of McDonald's Corporation (NYSE:MCD) earned "Outperform" rating by Credit Suisse on Tuesday, March 29. The company was maintained on Wednesday, August 2 by Stifel Nicolaus. Emerson Elec Co now has $42.10B valuation. (NYSE:EMR) traded up 0.95% in the last session while performance was up 65.78% in the last five days. The firm earned "Reduce" rating on Friday, October 7 by HSBC. On Wednesday, April 26 the stock rating was maintained by Cowen & Co with "Hold". (NYSE:EMR). 29,486 are held by Hallmark Management.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings results on Tuesday, August 1st. They expect $0.79 EPS, down 17.71% or $0.17 from last year's $0.96 per share. EMR's profit will be $505.61 million for 20.82 P/E if the $0.79 EPS becomes a reality. (NYSE:EMR). Tower Bridge has invested 0% in Emerson Electric Co.



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