AreEmerson Electric (NYSE:EMR) Shares Worth Your Dime? JMP Securities Believes So

June 20, 2017 - By Winifred Garcia

 AreEmerson Electric (NYSE:EMR) Shares Worth Your Dime? JMP Securities Believes So

Investors sentiment decreased to 0.81 in Q4 2016. Its down 0.18, from 0.99 in 2016Q3. It worsened, as 61 investors sold Emerson Electric Co. shares while 465 reduced holdings. 94 funds opened positions while 333 raised stakes. 433.10 million shares or 2.57% less from 444.54 million shares in 2016Q3 were reported.

Covington Inv owns 33,590 shares. 101,279 are owned by Private Advisor Group Ltd. Caisse De Depot Et Placement Du Quebec stated it has 40,600 shares or 0.01% of all its holdings. Cannell Peter B And Co has invested 0.06% in Emerson Electric Co. (NYSE:EMR). Old Second Bancorporation Of Aurora holds 0.03% in Emerson Electric Co. (NYSE:EMR) or 1,230 shares. Minnesota-based Thrivent Financial For Lutherans has invested 0.01% in Emerson Electric Co. (NYSE:EMR). Commercial Bank reported 669,829 shares. Aimz Advsr invested in 0.86% or 17,161 shares. Marathon Asset Management Llp holds 348,342 shares. Brandywine Global Investment Limited Com invested 0.3% in Emerson Electric Co. (NYSE:EMR). Winslow Evans Crocker stated it has 14,600 shares. Schroder Inv Mngmt Gp accumulated 4.17 million shares. Greystone Investment Mgmt Ltd holds 0.12% of its portfolio in Emerson Electric Co. (NYSE:EMR) for 4,135 shares. Blue Chip Ptnrs holds 0.06% or 2,723 shares in its portfolio. Scotia Cap holds 0.08% or 88,922 shares in its portfolio.

Since February 9, 2017, it had 0 insider purchases, and 4 selling transactions for $2.97 million activity. Purvis Edgar M Jr sold $922,737 worth of Emerson Electric Co. (NYSE:EMR) on Thursday, February 9. 14,552 shares were sold by DELLAQUILA FRANK J, worth $910,063 on Thursday, February 9. $496,277 worth of Emerson Electric Co. (NYSE:EMR) was sold by Pelch Steven J. on Friday, February 10. 10,374 shares were sold by Train Michael H., worth $642,937.

How JMP Securities Currently Rates Emerson Electric (NYSE:EMR)

In a research report revealed on Monday morning, stock research analysts at JMP Securities started coverage on Emerson Electric (NYSE:EMR) shares. The financial company issued a key Market Outperform rating for EMR stock.

Investors sentiment decreased to 0.81 in Q4 2016. Its down 0.18, from 0.99 in 2016Q3. It worsened, as 61 investors sold Emerson Electric Co. shares while 465 reduced holdings. 94 funds opened positions while 333 raised stakes. 433.10 million shares or 2.57% less from 444.54 million shares in 2016Q3 were reported.

Covington Inv owns 33,590 shares. 101,279 are owned by Private Advisor Group Ltd. Caisse De Depot Et Placement Du Quebec stated it has 40,600 shares or 0.01% of all its holdings. Cannell Peter B And Co has invested 0.06% in Emerson Electric Co. (NYSE:EMR). Old Second Bancorporation Of Aurora holds 0.03% in Emerson Electric Co. (NYSE:EMR) or 1,230 shares. Minnesota-based Thrivent Financial For Lutherans has invested 0.01% in Emerson Electric Co. (NYSE:EMR). Commercial Bank reported 669,829 shares. Aimz Advsr invested in 0.86% or 17,161 shares. Marathon Asset Management Llp holds 348,342 shares. Brandywine Global Investment Limited Com invested 0.3% in Emerson Electric Co. (NYSE:EMR). Winslow Evans Crocker stated it has 14,600 shares. Schroder Inv Mngmt Gp accumulated 4.17 million shares. Greystone Investment Mgmt Ltd holds 0.12% of its portfolio in Emerson Electric Co. (NYSE:EMR) for 4,135 shares. Blue Chip Ptnrs holds 0.06% or 2,723 shares in its portfolio. Scotia Cap holds 0.08% or 88,922 shares in its portfolio.

Since February 9, 2017, it had 0 insider purchases, and 4 selling transactions for $2.97 million activity. Purvis Edgar M Jr sold $922,737 worth of Emerson Electric Co. (NYSE:EMR) on Thursday, February 9. 14,552 shares were sold by DELLAQUILA FRANK J, worth $910,063 on Thursday, February 9. $496,277 worth of Emerson Electric Co. (NYSE:EMR) was sold by Pelch Steven J. on Friday, February 10. 10,374 shares were sold by Train Michael H., worth $642,937.

Emerson Electric Co. (NYSE:EMR) Ratings Coverage

Among 22 analysts covering Emerson Electric Co. (NYSE:EMR), 5 have Buy rating, 2 Sell and 15 Hold. Therefore 23% are positive. Emerson Electric Co. has $64 highest and $41 lowest target. $52.86’s average target is -13.88% below currents $61.38 stock price. Emerson Electric Co. had 45 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Goldman Sachs given on Friday, January 27. As per Friday, September 4, the company rating was downgraded by TheStreet. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, August 5. On Monday, October 5 the stock rating was maintained by Barclays Capital with “Equal-Weight”. The company was upgraded on Friday, March 3 by HSBC. Deutsche Bank maintained it with “Hold” rating and $53 target in Tuesday, August 25 report. The rating was initiated by Sterne Agee CRT on Wednesday, September 9 with “Neutral”. The stock of Emerson Electric Co. (NYSE:EMR) has “Sector Perform” rating given on Wednesday, August 5 by RBC Capital Markets. Citigroup maintained Emerson Electric Co. (NYSE:EMR) rating on Tuesday, April 19. Citigroup has “Sell” rating and $49 target. The firm has “Underperform” rating by Buckingham Research given on Friday, August 19.

The stock increased 1.15% or $0.7 during the last trading session, reaching $61.38. About shares traded. Emerson Electric Co. (NYSE:EMR) has risen 18.47% since June 20, 2016 and is uptrending. It has outperformed by 1.77% the S&P500.

Analysts await Emerson Electric Co. (NYSE:EMR) to report earnings on August, 1. They expect $0.68 EPS, down 15.00 % or $0.12 from last year’s $0.8 per share. EMR’s profit will be $441.26 million for 22.57 P/E if the $0.68 EPS becomes a reality. After $0.58 actual EPS reported by Emerson Electric Co. for the previous quarter, Wall Street now forecasts 17.24 % EPS growth.

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 market cap of $39.83 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 23.86 P/E ratio. The Company’s principal production activities are electronics assembly, metal stamping, forming, casting, machining, welding, plating, heat treating, painting and assembly.

More news for Emerson Electric Co. (NYSE:EMR) were recently published by: Fool.com, which released: “Emerson Electric Co: Time to Move On?” on June 15, 2017. Seekingalpha.com‘s article titled: “Emerson Electric: A Mixed Outlook Likely To Provide A Better Entry Point” and published on June 12, 2017 is yet another important article.

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