Emerson Electric Company (NYSE:EMR) VP Frank J. Dellaquila sold 2,100 shares of the business’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $64.77, for a total transaction of $136,017.00. Following the transaction, the vice president now owns 178,743 shares of the company’s stock, valued at $11,577,184.11. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Shares of Emerson Electric Company (NYSE EMR) traded up $1.05 during trading hours on Thursday, reaching $65.78. 3,412,629 shares of the company traded hands, compared to its average volume of 3,435,140. Emerson Electric Company has a one year low of $55.40 and a one year high of $67.79. The stock has a market capitalization of $42,220.00, a price-to-earnings ratio of 25.07, a PEG ratio of 3.04 and a beta of 1.24. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.64 and a quick ratio of 1.30.

Emerson Electric (NYSE:EMR) last announced its earnings results on Tuesday, November 7th. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.83. Emerson Electric had a net margin of 9.94% and a return on equity of 20.47%. The company had revenue of $4.44 billion during the quarter, compared to analyst estimates of $4.43 billion. During the same period in the previous year, the business earned $0.74 earnings per share. The firm’s quarterly revenue was up 12.8% compared to the same quarter last year. equities analysts predict that Emerson Electric Company will post 2.91 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, December 11th. Investors of record on Friday, November 17th will be given a $0.485 dividend. The ex-dividend date is Thursday, November 16th. This is a positive change from Emerson Electric’s previous quarterly dividend of $0.48. This represents a $1.94 annualized dividend and a yield of 2.95%. Emerson Electric’s payout ratio is 75.78%.

A number of research firms have recently commented on EMR. Cowen restated a “buy” rating and set a $72.00 price target on shares of Emerson Electric in a research report on Wednesday. J P Morgan Chase & Co began coverage on shares of Emerson Electric in a research report on Wednesday, November 29th. They set a “neutral” rating for the company. BidaskClub lowered shares of Emerson Electric from a “sell” rating to a “strong sell” rating in a research report on Friday, August 18th. Citigroup set a $61.00 price target on shares of Emerson Electric and gave the company a “sell” rating in a research report on Tuesday, November 28th. Finally, Berenberg Bank restated a “sell” rating and set a $53.00 price target on shares of Emerson Electric in a research report on Friday, August 11th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $65.21.

A number of large investors have recently made changes to their positions in the stock. Vanguard Group Inc. grew its position in Emerson Electric by 1.1% in the second quarter. Vanguard Group Inc. now owns 44,195,877 shares of the industrial products company’s stock worth $2,634,958,000 after acquiring an additional 497,625 shares in the last quarter. BlackRock Inc. lifted its stake in Emerson Electric by 1.9% in the second quarter. BlackRock Inc. now owns 40,954,867 shares of the industrial products company’s stock worth $2,441,728,000 after purchasing an additional 778,791 shares during the last quarter. Longview Partners Guernsey LTD lifted its stake in Emerson Electric by 9.0% in the third quarter. Longview Partners Guernsey LTD now owns 13,758,325 shares of the industrial products company’s stock worth $864,573,000 after purchasing an additional 1,134,275 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in Emerson Electric by 4.7% in the third quarter. Bank of New York Mellon Corp now owns 13,355,963 shares of the industrial products company’s stock worth $839,288,000 after purchasing an additional 597,993 shares during the last quarter. Finally, Capital World Investors lifted its stake in Emerson Electric by 4.6% in the second quarter. Capital World Investors now owns 11,450,000 shares of the industrial products company’s stock worth $682,649,000 after purchasing an additional 500,000 shares during the last quarter. Institutional investors own 69.00% of the company’s stock.

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Emerson Electric Company Profile

Emerson Electric Co is a diversified global manufacturing company, which provides solutions to customers by bringing technology and engineering together in the industrial, commercial and consumer markets around the world. The Company operates through four segments based on the nature of the products and services rendered: Process Management, Industrial Automation, Climate Technologies and Commercial & Residential Solutions.

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