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

October 13, 2018 - By Richard Conner

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.
Citigroup holds 274,715 shares or 0.02% of its portfolio. New Mexico Educational Retirement Board has invested 0.16% in Emerson Electric Co. (NYSE:EMR). Wolverine Asset Ltd Com has 0.03% invested in Emerson Electric Co. (NYSE:EMR) for 35,000 shares. Country Commercial Bank invested in 0.01% or 3,467 shares. Shelton Cap Mgmt invested 0.03% in Emerson Electric Co. (NYSE:EMR). Texas Permanent School Fund invested 0.15% in Emerson Electric Co. (NYSE:EMR). Novare Mgmt Limited Liability Company invested in 0.04% or 3,470 shares. 10,376 were reported by Country Club Tru Na. Palisade Asset Limited Liability Com accumulated 32,148 shares or 0.32% of the stock. Jarislowsky Fraser owns 412,370 shares or 0.17% of their US portfolio. Cohen Klingenstein Limited Liability Corp stated it has 18,200 shares or 0.17% of all its holdings. 53,812 are held by Comerica Securities. 6.55 million were reported by State Farm Mutual Automobile Ins Com. Temasek Hldgs (Private) holds 123,908 shares or 0.05% of its portfolio. M&R Capital holds 0.02% of its portfolio in Emerson Electric Co. (NYSE:EMR) for 1,527 shares.

Since June 18, 2018, it had 0 buys, and 4 sales for $10.28 million activity. On Tuesday, August 14 Pelch Steven J. sold $475,774 worth of Emerson Electric Co. (NYSE:EMR) or 6,409 shares. Train Michael H. had sold 24,166 shares worth $1.73M on Monday, June 18. The insider DELLAQUILA FRANK J sold 47,530 shares worth $3.51M.

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. On Thursday, August 9 the stock rating was maintained by Barclays Capital with “Overweight”. Argus Research maintained Emerson Electric Co. (NYSE:EMR) rating on Tuesday, August 14. Argus Research has “Buy” rating and $83 target. The stock has “Overweight” rating by Barclays Capital on Monday, September 24. The stock of Emerson Electric Co. (NYSE:EMR) earned “Hold” rating by Berenberg on Tuesday, April 24. The rating was maintained by UBS on Thursday, August 30 with “Buy”. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, May 3. On Thursday, October 4 the stock rating was maintained by Bank of America with “Buy”. The firm has “Buy” rating given on Thursday, July 12 by Deutsche Bank. JP Morgan maintained it with “Overweight” rating and $82 target in Friday, August 10 report. The stock of Emerson Electric Co. (NYSE:EMR) earned “Sell” rating by Citigroup on Wednesday, May 2.

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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