$0.92 EPS Expected for Emerson Electric Co. (EMR)

October 13, 2018 - By olga

Emerson Electric Co. (NYSE:EMR) LogoInvestors sentiment increased to 0.81 in 2018 Q2. Its up 0.10, from 0.71 in 2018Q1. It is positive, as 47 investors sold Emerson Electric Co. shares while 466 reduced holdings. 101 funds opened positions while 316 raised stakes. 429.87 million shares or 0.53% more from 427.58 million shares in 2018Q1 were reported.
Great West Life Assurance Company Can invested in 513,236 shares. Ar Asset Mgmt Inc holds 7,130 shares or 0.19% of its portfolio. Vanguard Grp invested in 0.15% or 50.39M shares. Louisiana State Employees Retirement System invested 0.12% in Emerson Electric Co. (NYSE:EMR). Washington Tru accumulated 23,934 shares or 0.09% of the stock. The California-based California State Teachers Retirement Systems has invested 0.15% in Emerson Electric Co. (NYSE:EMR). Ghp Investment Advsrs Inc has invested 0.14% in Emerson Electric Co. (NYSE:EMR). Regions Corporation has 149,304 shares for 0.12% of their portfolio. Dowling & Yahnke Limited Liability Corp owns 45,600 shares or 0.29% of their US portfolio. Farmers Comm has invested 0.07% in Emerson Electric Co. (NYSE:EMR). Telemus Ltd Liability Co holds 0.03% of its portfolio in Emerson Electric Co. (NYSE:EMR) for 5,070 shares. Moreover, Pitcairn has 0.04% invested in Emerson Electric Co. (NYSE:EMR) for 5,203 shares. Somerset Co invested 0.89% in Emerson Electric Co. (NYSE:EMR). 11,419 are held by Private Trust Na. Palisade Asset Mgmt Lc invested in 32,148 shares or 0.32% of the stock.

Since June 18, 2018, it had 0 insider buys, and 4 selling transactions for $10.28 million activity. $475,774 worth of Emerson Electric Co. (NYSE:EMR) shares were sold by Pelch Steven J.. MONSER EDWARD L sold $4.57M worth of stock. DELLAQUILA FRANK J sold $3.51M worth of stock or 47,530 shares.

Analysts expect Emerson Electric Co. (NYSE:EMR) to report $0.92 EPS on November, 6.They anticipate $0.09 EPS change or 10.84 % from last quarter’s $0.83 EPS. EMR’s profit would be $578.19 million giving it 19.54 P/E if the $0.92 EPS is correct. After having $0.88 EPS previously, Emerson Electric Co.’s analysts see 4.55 % EPS growth. The stock increased 1.01% or $0.72 during the last trading session, reaching $71.92. About 3.60 million shares traded or 35.48% up from the average. Emerson Electric Co. (NYSE:EMR) has risen 25.87% since October 14, 2017 and is uptrending. It has outperformed by 10.25% the S&P500.

Emerson Electric Co. (NYSE:EMR) Ratings Coverage

Among 11 analysts covering Emerson Electric (NYSE:EMR), 8 have Buy rating, 1 Sell and 2 Hold. Therefore 73% are positive. Emerson Electric had 12 analyst reports since April 24, 2018 according to SRatingsIntel. Stifel Nicolaus maintained it with “Buy” rating and $80 target in Thursday, May 3 report. Citigroup maintained the shares of EMR in report on Wednesday, May 2 with “Sell” rating. The firm has “Overweight” rating by Barclays Capital given on Thursday, August 9. The firm has “Buy” rating by UBS given on Thursday, August 30. The rating was maintained by JP Morgan on Friday, August 10 with “Overweight”. Deutsche Bank maintained Emerson Electric Co. (NYSE:EMR) rating on Thursday, July 12. Deutsche Bank has “Buy” rating and $81 target. The firm has “Overweight” rating given on Monday, September 24 by Barclays Capital. On Thursday, October 4 the stock rating was maintained by Bank of America with “Buy”. The rating was maintained by Argus Research on Tuesday, August 14 with “Buy”. The firm earned “Hold” rating on Tuesday, April 24 by Berenberg.

Emerson Electric Co. designs and manufactures products, and delivers services to industrial, commercial, and consumer markets worldwide. The company has market cap of $45.20 billion. The companyÂ’s Process Management segment offers systems and software; measurement and analytical instrumentation; valves, actuators, and regulators; industry services and solutions; and digital plant architecture solutions. It has a 21.97 P/E ratio. It also provides consulting services for precision measurement, control, monitoring, asset optimization, and safety and reliability of gas and oil reservoirs and plants.

Another recent and important Emerson Electric Co. (NYSE:EMR) news was published by Fool.com which published an article titled: “Guess Who’s Profiting From GE’s Troubles?” on October 13, 2018.

Emerson Electric Co. (NYSE:EMR) Institutional Positions Chart

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