Stock Mover of the Day: Emerson Electric Co (NYSE:EMR) Institutional Investor Positioning

November 24, 2016 - By Ellis Scott   ·   0 Comments

Stock Mover of the Day: Emerson Electric Co (NYSE:EMR) Institutional Investor Positioning

Sentiment for Emerson Electric Co (NYSE:EMR)

Emerson Electric Co (NYSE:EMR) institutional sentiment decreased to 0.99 in 2016 Q2. Its down -0.03, from 1.02 in 2016Q1. The ratio is negative, as 489 investment managers opened new and increased stock positions, while 481 cut down and sold equity positions in Emerson Electric Co. The investment managers in our partner’s database now have: 440.84 million shares, down from 450.63 million shares in 2016Q1. Also, the number of investment managers holding Emerson Electric Co in their top 10 stock positions decreased from 23 to 14 for a decrease of 9. Sold All: 60 Reduced: 421 Increased: 411 New Position: 78.

Emerson Electric Co. is engaged in offering technology and engineering together that provides solutions for clients in industrial, commercial, and consumer markets around the world. The company has a market cap of $35.85 billion. The firm operates through five business divisions: Process Management, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions. It has a 22.4 P/E ratio. The Process Management segment provides measurement, control and diagnostic capabilities for automated industrial processes.

The stock increased 1.31% or $0.71 on November 23, hitting $55.06. Emerson Electric Co. (NYSE:EMR) has declined 0.74% since April 22, 2016 and is downtrending. It has underperformed by 6.15% the S&P500.

Analysts await Emerson Electric Co. (NYSE:EMR) to report earnings on February, 7. They expect $0.46 earnings per share, down 17.86% or $0.10 from last year’s $0.56 per share. EMR’s profit will be $299.51M for 29.92 P/E if the $0.46 EPS becomes a reality. After $0.96 actual earnings per share reported by Emerson Electric Co. for the previous quarter, Wall Street now forecasts -52.08% negative EPS growth.

According to Zacks Investment Research, “Emerson is engaged principally in the worldwide design, manufacture and sale of a broad range of electrical, electromechanical and electronic products and systems. The divisions of the company are organized into the following business segments based on the nature of the products and services provided: Process Control; Industrial Automation; Electronics and Telecommunications; Heating, Ventilating and Air Conditioning; and Appliance and Tools.”

Plancorp Llc holds 10.02% of its portfolio in Emerson Electric Co. for 216,495 shares. Ruffer Llp owns 3.57 million shares or 8.44% of their US portfolio. Moreover, Longview Partners (Guernsey) Ltd has 4.47% invested in the company for 12.88 million shares. The Texas-based Matterhorn Capital Management Llc has invested 4.09% in the stock. Clark Estates Inc Ny, a New York-based fund reported 392,206 shares.#img1#

Emerson Electric Co. (NYSE:EMR) Ratings Coverage

Ratings analysis reveals 21% of Emerson Electric Co.’s analysts are positive. Out of 19 Wall Street analysts rating Emerson Electric Co., 4 give it “Buy”, 6 “Sell” rating, while 9 recommend “Hold”. The lowest target is $41 while the high is $59. The stock’s average target of $49.93 is -9.32% below today’s ($55.06) share price. EMR was included in 37 notes of analysts from August 6, 2015. UBS downgraded Emerson Electric Co. (NYSE:EMR) on Wednesday, October 12 to “Sell” rating. Buckingham Research downgraded Emerson Electric Co. (NYSE:EMR) on Friday, August 19 to “Underperform” rating. The firm has “Hold” rating given on Thursday, August 6 by Argus Research. The stock has “Equal Weight” rating given by Barclays Capital on Wednesday, August 5. The rating was maintained by UBS on Thursday, August 4 with “Neutral”. The company was upgraded on Wednesday, August 26 by Vertical Research. Barclays Capital maintained the stock with “Equal-Weight” rating in Monday, April 18 report. The rating was initiated by HSBC on Friday, October 7 with “Reduce”. The stock has “Sell” rating given by Citigroup on Tuesday, April 19. Berenberg initiated Emerson Electric Co. (NYSE:EMR) rating on Monday, October 3. Berenberg has “Sell” rating and $41 price target.

EMR Company Profile

Emerson Electric Co., incorporated on September 24, 1890, is engaged in providing solutions for industrial, commercial and consumer markets around the world. The firm operates through five business divisions: Process Management, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions.

Another recent and important Emerson Electric Co. (NYSE:EMR) news was published by Fool.com which published an article titled: “Emerson Electric Prepares for 2017” on November 02, 2016.

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By Ellis Scott


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