Emerson Electric Co. (NYSE:EMR) has been given an “A+” credit rating by Morningstar. The firm’s “A+” rating indicates that the company is a low default risk. They also gave their stock a four star rating.

A number of hedge funds have recently bought and sold shares of EMR. Renaissance Investment Group boosted its stake in Emerson Electric by 5.4% in the fourth quarter. Renaissance Investment Group now owns 9,217 shares of the company’s stock valued at $441,000 after buying an additional 475 shares during the last quarter. Janus Capital Management boosted its stake in Emerson Electric by 24.7% in the third quarter. Janus Capital Management now owns 108,032 shares of the company’s stock valued at $4,771,000 after buying an additional 21,427 shares during the last quarter. Finally, Park National boosted its stake in Emerson Electric by 1.5% in the fourth quarter. Park National now owns 386,499 shares of the company’s stock valued at $18,486,000 after buying an additional 5,638 shares during the last quarter.

A number of other research analysts also recently issued reports on the company. Citigroup Inc. assumed coverage on Emerson Electric in a research note on Thursday, January 21st. They issued a “sell” rating and a $41.00 price objective on the stock. Standpoint Research raised Emerson Electric from a “hold” rating to a “buy” rating in a research note on Wednesday, January 20th. Barclays boosted their price objective on Emerson Electric from $46.00 to $47.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 19th. Nomura reissued a “buy” rating and issued a $60.00 price objective on shares of Emerson Electric in a research note on Tuesday, January 12th. Finally, TheStreet downgraded Emerson Electric from a “buy” rating to a “hold” rating in a research note on Thursday, January 7th. Three research analysts have rated the stock with a sell rating, fourteen have given a hold rating and five have given a buy rating to the company. Emerson Electric presently has an average rating of “Hold” and a consensus target price of $52.17.

Emerson Electric (NYSE:EMR) opened at 45.84 on Wednesday. The company has a market capitalization of $30.00 billion and a price-to-earnings ratio of 11.49. Emerson Electric has a one year low of $41.25 and a one year high of $62.75. The firm’s 50-day moving average price is $45.26 and its 200 day moving average price is $47.24.

Emerson Electric (NYSE:EMR) last posted its quarterly earnings data on Tuesday, February 2nd. The company reported $0.56 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.51 by $0.05. The firm had revenue of $4.70 billion for the quarter, compared to the consensus estimate of $4.65 billion. The business’s revenue was down 15.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.75 earnings per share. On average, equities research analysts expect that Emerson Electric will post $3.03 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 10th. Shareholders of record on Friday, February 12th will be given a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a yield of 4.14%.

Emerson Electric Co. is engaged in offering technology and engineering together that provides solutions for customers in industrial, commercial, and consumer markets around the world. The company operates through five business segments: Process Management, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions. The Process Management segment provides measurement, control and diagnostic capabilities for automated industrial processes. The Industrial Automation segment provides integrated manufacturing solutions to its customers at the source of manufacturing their own products. The Network Power segment designs, manufactures, installs and maintains products providing grid-to-chip electric power conditioning. The Climate Technologies segment provides products and services for the climate control industry. The Company’s Commercial & Residential Solutions segment offers a range of tools, storage products and appliance solutions.

12 Month Chart for NYSE:EMR

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