Economy

Emerson Electric Company (EMR) is Mosaic Family Wealth LLC's 9th Largest Position

Shares last traded at $66.90 marginally over $63.11, the stock's 50 day moving average and quite a bit higher than the 200 day moving average of $60.33. Emerson Elec Co now has $43.20 billion valuation. (NYSE:EMR). Natixis has 0% invested in Emerson Electric Co.

On October 17 the stock rating was upgraded to "Outperform" from "Neutral" in a statement from Bank of America.

De Burlo Group Inc decreased Procter & Gamble Co (PG) stake by 84.91% reported in 2017Q2 SEC filing. Mairs & Power Inc sold 587,678 shares as Emerson Electric (EMR)'s stock declined 4.02%. UBS Asset Management Americas Inc. now owns 2,418,472 shares of the industrial products company's stock worth $144,770,000 after acquiring an additional 540,927 shares in the last quarter. After having $0.68 EPS previously, Emerson Electric Co.'s analysts see 16.18% EPS growth. (NYSE:EMR). Morgan Dempsey Management Ltd Liability Company accumulated 77,496 shares or 1.68% of the stock.

Emerson Electric Company (NYSE:EMR) has reached overbought status with a 14-day RSI of 81.15. It has underperformed by 9.16% the S&P500. Its down 0.03, from 0.82 in 2017Q1. Blume Capital Mngmt reported 1,000 shares. Teacher Retirement Systems Of Texas reported 6,891 shares. Greatmark Investment Partners holds 1.84% or 76,902 shares. 52,247 are held by Airain Ltd. Chemung Canal Trust Commerce holds 2.6% of its portfolio in Procter & Gamble Co (NYSE:PG) for 128,086 shares.

Analysts await Emerson Electric Co.

More notable recent Emerson Electric Co. Roth Capital maintained Franklin Covey Co. Ledyard State Bank holds 0.01% or 421 shares. (NYSE:EMR). Jarislowsky Fraser Limited, Quebec - Canada-based fund reported 491,017 shares. Franklin Street Advsrs Nc holds 0.36% of its portfolio in General Electric Company (NYSE:GE) for 78,227 shares. The company has market cap of $326.73 million. Neuberger Berman Group Limited invested in 0.01% or 85,649 shares.

Since May 1, 2017, it had 0 insider buys, and 6 sales for $17.04 million activity. The stock of Allstate Corp (NYSE:ALL) earned "Sell" rating by Buckingham Research on Monday, September 11. (NYSE:EMR) for 3,920 shares.

Among 19 analysts covering The Allstate Corporation (NYSE:ALL), 8 have Buy rating, 1 Sell and 10 Hold. Therefore 46% are positive. The Allstate Corporation had 41 analyst reports since August 4, 2015 according to SRatingsIntel. Cowen and Company raised shares of Emerson Electric to a "buy" rating and set a $71.00 target price for the company in a report on Monday, October 23rd. Stifel Nicolaus restated a "buy" rating on shares of Emerson Electric in a report on Thursday, October 12th. The firm has "Sell" rating by Citigroup given on Thursday, January 21. The rating was downgraded by Argus Research on Thursday, August 6 to "Hold". (NYSE:EMR) were released by: Seekingalpha.com and their article: "Emerson discloses preliminary results" published on October 23, 2017 as well as Twst.com's news article titled: "Emerson Electric Co.: Emerson Acquires GeoFields, Inc." with publication date: October 10, 2017. The company was upgraded on Tuesday, October 17 by Cowen & Co. CLSA upgraded Procter & Gamble Co (NYSE:PG) on Wednesday, October 26 to "Outperform" rating. Robert W. Baird has "Hold" rating and $67.0 target. EMR's profit would be $505.56M giving it 21.32 P/E if the $0.79 EPS is correct.

Investors sentiment decreased to 0.79 in Q2 2017. Its up 0.12, from 0.88 in 2017Q1.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EMR. 86 funds opened positions while 383 raised stakes. About 3.84 million shares traded or 51.18% up from the average. Emerson Electric had a return on equity of 22.32% and a net margin of 8.89%. (NYSE:EMR). Parsec holds 1.31% or 276,920 shares. River Road Asset Mngmt Ltd Liability holds 1.02 million shares or 1.18% of its portfolio. Smith Asset Management Group LP bought a new stake in shares of Emerson Electric in the 1st quarter worth $23,733,000. Moreover, Ledyard Bank & Trust has 0.69% invested in Emerson Electric Co. (NYSE:EMR). Ellington Management Limited Liability Corp invested in 0.1% or 11,400 shares. (NYSE:EMR). Private Wealth Advisors Inc has invested 0.18% of its portfolio in Emerson Electric Co. 12,924 were reported by Parallax Volatility Advisers Ltd Partnership. Insiders own 0.79% of the company's stock.

Burney Co decreased Dover Corp (NYSE:DOV) stake by 7,979 shares to 154,623 valued at $12.18 million in 2017Q2. Morgan Dempsey Capital Management LLC lifted its position in Emerson Electric by 5.4% in the second quarter. Oppenheimer Holdings analyst C. Glynn now anticipates that the industrial products company will post earnings of $2.64 per share for the year, up from their previous estimate of $2.60.



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