Emerson Electric Company (NYSE:EMR) is expected to pay $0.48 on Dec 9, 2016. The indicated annual dividend is $1.92. Shareholders owning the stock before Nov 8, 2016 will be eligible to receive the payout. Based on Emerson Electric Company’s current price of $49.41, the dividend is 0.97%. This dividend’s record date is Nov 11, 2016 and the announcement date is Nov 1, 2016. The stock decreased 0.86% or $0.43 on November 4, hitting $49.41. Emerson Electric Co. (NYSE:EMR) has declined 7.66% since April 5, 2016 and is downtrending. It has underperformed by 9.62% the S&P500.
Emerson Electric Co. is engaged in offering technology and engineering together that provides solutions for clients in industrial, commercial, and consumer markets around the world. The company has a market cap of $31.40 billion. The firm operates through five business divisions: Process Management, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions. It has a 20.07 P/E ratio. The Process Management segment provides measurement, control and diagnostic capabilities for automated industrial processes.
Insitutional Activity: The institutional sentiment decreased to 1.02 in 2016 Q2. Its down 0.03, from 1.05 in 2016Q1. The ratio dropped, as 60 funds sold all Emerson Electric Co. shares owned while 421 reduced positions. 78 funds bought stakes while 411 increased positions. They now own 440.84 million shares or 2.17% less from 450.63 million shares in 2016Q1.
Lockheed Martin Invest Mgmt last reported 44,000 shares in the company. Mitchell Sinkler And Starr Pa accumulated 1.71% or 24,073 shares. Wealthtrust holds 111 shares or 0% of its portfolio. Axa holds 1.13M shares or 0.26% of its portfolio. Vantage Prns Ltd Com holds 223,684 shares or 1.22% of its portfolio. Nomura holds 0.07% or 422,945 shares in its portfolio. The Ontario – Canada-based Td Asset Management Inc has invested 0.15% in Emerson Electric Co. (NYSE:EMR). Ntv Asset Management Ltd Company last reported 0.15% of its portfolio in the stock. Golub Gp Lc holds 15,369 shares or 0.08% of its portfolio. Schwartz Counsel holds 2.22% or 587,500 shares in its portfolio. Bridges Investment Counsel accumulated 18,537 shares or 0.18% of the stock. Jane Street Group reported 69,494 shares or 0.02% of all its holdings. Blackrock Group Incorporated Limited accumulated 4.85M shares or 0.13% of the stock. Regal Advsrs Limited Liability Corp last reported 40,565 shares in the company. Check Capital Mgmt Ca accumulated 0.94% or 221,488 shares.
Emerson Electric Co. (NYSE:EMR) Ratings Coverage
Out of 19 analysts covering Emerson Electric Co. (NYSE:EMR), 4 rate it a “Buy”, 6 “Sell”, while 9 “Hold”. This means 21% are positive. Emerson Electric Co. has been the topic of 37 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The firm earned “Hold” rating on Thursday, November 5 by Societe Generale. The stock of Emerson Electric Co. (NYSE:EMR) earned “Sell” rating by UBS on Wednesday, October 12. The company was maintained on Wednesday, August 5 by Cowen & Co. As per Thursday, September 3, the company rating was downgraded by Goldman Sachs. The firm has “Buy” rating given on Wednesday, January 20 by Standpoint Research. The stock of Emerson Electric Co. (NYSE:EMR) has “Hold” rating given on Wednesday, August 26 by Vertical Research. Barclays Capital maintained Emerson Electric Co. (NYSE:EMR) on Monday, July 18 with “Equalweight” rating. The firm earned “Sell” rating on Tuesday, April 19 by Citigroup. The firm has “Equal-Weight” rating by Barclays Capital given on Monday, October 5. The rating was maintained by Credit Suisse with “Outperform” on Monday, March 14.
More recent Emerson Electric Co. (NYSE:EMR) news were published by: Fool.com which released: “Emerson Electric Prepares for 2017” on November 02, 2016. Also Nasdaq.com published the news titled: “Agree To Buy Emerson Electric Co. At $30, Earn 2.8% Using Options” on October 20, 2016. Seekingalpha.com‘s news article titled: “Emerson Electric: Time To Buy More?” with publication date: November 04, 2016 was also an interesting one.
EMR Company Profile
Emerson Electric Co., incorporated on September 24, 1890, is engaged in providing solutions for industrial, commercial and consumer markets around the world. The firm operates through five business divisions: Process Management, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions.
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