What Will Happen to Emerson Electric Co. Next? The Stock Just Had Huge Bullish Options Activity

 What Will Happen to Emerson Electric Co. Next? The Stock Just Had Huge Bullish Options Activity

In today’s session Emerson Electric Co. (EMR) registered an unusually high (1,348) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious EMR increase. With 1,348 contracts traded and 53724 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: EMR170120C00055000 closed last at: $1.4 or 0% . About 1.31 million shares traded hands. Emerson Electric Co. (NYSE:EMR) has risen 2.58% since April 28, 2016 and is uptrending. It has underperformed by 3.34% the S&P500.

Analysts await Emerson Electric Co. (NYSE:EMR) to report earnings on February, 7. They expect $0.46 EPS, down 17.86% or $0.10 from last year’s $0.56 per share. EMR’s profit will be $306.80 million for 31.09 P/E if the $0.46 EPS becomes a reality. After $0.96 actual EPS reported by Emerson Electric Co. for the previous quarter, Wall Street now forecasts -52.08% negative EPS growth.

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. $59 is the highest target while $41 is the lowest. The $49.93 average target is -12.71% below today’s ($57.2) stock price. Emerson Electric Co. has been the topic of 37 analyst reports since August 6, 2015 according to StockzIntelligence Inc. Argus Research upgraded Emerson Electric Co. (NYSE:EMR) on Wednesday, May 11 to “Buy” rating. The firm has “Equal-Weight” rating given on Monday, April 18 by Barclays Capital. Buckingham Research downgraded Emerson Electric Co. (NYSE:EMR) on Friday, August 19 to “Underperform” rating. The stock has “Equal Weight” rating given by Barclays Capital on Wednesday, August 5. The stock of Emerson Electric Co. (NYSE:EMR) has “Hold” rating given on Wednesday, August 26 by Vertical Research. The firm has “Hold” rating given on Tuesday, August 25 by Deutsche Bank. As per Friday, August 19, the company rating was downgraded by Credit Suisse. Citigroup maintained Emerson Electric Co. (NYSE:EMR) rating on Tuesday, April 19. Citigroup has “Sell” rating and $49 price target. On Thursday, January 21 the stock rating was initiated by Citigroup with “Sell”. As per Wednesday, September 9, the company rating was initiated by Sterne Agee CRT.

According to Zacks Investment Research, “Emerson is engaged principally in the worldwide design, manufacture and sale of a broad range of electrical, electromechanical and electronic products and systems. The divisions of the company are organized into the following business segments based on the nature of the products and services provided: Process Control; Industrial Automation; Electronics and Telecommunications; Heating, Ventilating and Air Conditioning; and Appliance and Tools.”

Insitutional Activity: The institutional sentiment decreased to 0.99 in Q2 2016. Its down 0.03, from 1.02 in 2016Q1. The ratio turned negative, 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.
Aspiriant Limited Com owns 20,042 shares or 0.1% of their US portfolio. Boys Arnold Inc holds 44,939 shares or 0.4% of its portfolio. Ghp Investment Advsr Incorporated last reported 0.13% of its portfolio in the stock. Nomura reported 422,945 shares or 0.07% of all its holdings. High Point Bank & Trust Co has invested 0.13% of its portfolio in Emerson Electric Co. (NYSE:EMR). First Financial Corporation In has invested 0.06% of its portfolio in Emerson Electric Co. (NYSE:EMR). Lodestar Counsel Ltd Il holds 53,918 shares or 0.4% of its portfolio. Pnc Financial Service accumulated 0.18% or 2.97 million shares. Ww Asset Management holds 79,786 shares or 0.16% of its portfolio. Df Dent And Inc accumulated 0.02% or 10,420 shares. Cadence Bank & Trust Na has 12,128 shares for 0.31% of their US portfolio. Moreover, Cypress Asset Management Tx has 0.74% invested in Emerson Electric Co. (NYSE:EMR) for 71,308 shares. Mcf Advsrs Ltd Llc holds 0.06% of its portfolio in Emerson Electric Co. (NYSE:EMR) for 4,724 shares. Kanawha Cap Mgmt Limited Liability Company reported 99,498 shares or 0.87% of all its holdings. Shelter Mutual Insur Co, a Missouri-based fund reported 136,970 shares.

Emerson Electric Co. is a diversified global manufacturing company, which provides solutions to clients by bringing technology and engineering together in the industrial, commercial and consumer markets around the world. The company has a market cap of $38.15 billion. The Firm operates through four divisions based on the nature of the services and products rendered: Process Management, Industrial Automation, Climate Technologies and Commercial & Residential Solutions. It has a 23.27 P/E ratio. The Company’s principal production activities are electronics assembly, metal stamping, forming, casting, machining, welding, plating, heat treating, painting and assembly.

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.

More recent Emerson Electric Co. (NYSE:EMR) news were published by: Reuters.com which released: “Emerson Electric to sell businesses for $5.2 billion” on August 02, 2016. Also Forbes.com published the news titled: “Emerson Electric Enters Oversold Territory” on September 09, 2016. Seekingalpha.com‘s news article titled: “Emerson Still Able To Spit Out Huge Cash Flows” with publication date: November 29, 2016 was also an interesting one.

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