Emerson Electric Co (NYSE:EMR) Institutional Investor Sentiment Trend

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Sentiment for Emerson Electric Co (NYSE:EMR)

Emerson Electric Co (NYSE:EMR) institutional sentiment decreased to 0.83 in 2019 Q2. Its down -0.19, from 1.02 in 2019Q1. The ratio turned negative, as 404 institutional investors started new and increased positions, while 486 decreased and sold their equity positions in Emerson Electric Co. The institutional investors in our partner’s database now possess: 419.86 million shares, down from 422.18 million shares in 2019Q1. Also, the number of institutional investors holding Emerson Electric Co in their top 10 positions decreased from 7 to 4 for a decrease of 3. Sold All: 68 Reduced: 418 Increased: 317 New Position: 87.

Emerson Electric Co. designs and manufactures products, and delivers services to industrial, commercial, and consumer markets worldwide. The company has market cap of $40.31 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 18.61 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.

The stock increased 1.27% or $0.82 during the last trading session, reaching $65.53. About 1.98M shares traded. Emerson Electric Co. (NYSE:EMR) has declined 8.01% since September 13, 2018 and is downtrending. It has underperformed by 8.01% the S&P500.

Analysts await Emerson Electric Co. (NYSE:EMR) to report earnings on November, 5. They expect $1.09 EPS, up 22.47 % or $0.20 from last year’s $0.89 per share. EMR’s profit will be $670.47 million for 15.03 P/E if the $1.09 EPS becomes a reality. After $0.94 actual EPS reported by Emerson Electric Co. for the previous quarter, Wall Street now forecasts 15.96 % EPS growth.

Plancorp Llc holds 8.46% of its portfolio in Emerson Electric Co. for 320,298 shares. John G Ullman & Associates Inc owns 588,788 shares or 6.91% of their US portfolio. Moreover, Longview Partners (Guernsey) Ltd has 5.46% invested in the company for 16.86 million shares. The Texas-based Mcdaniel Terry & Co has invested 2.97% in the stock. Strategy Asset Managers Llc, a New Jersey-based fund reported 155,474 shares.

Emerson Electric Co. (NYSE:EMR) Ratings Coverage

Ratings analysis reveals 100% of Emerson Electric Company’s analysts are positive. Out of 4 Wall Street analysts rating Emerson Electric Company, 4 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $7000 while the high is $81. The stock’s average target of $74 is 12.93% above today’s ($65.53) share price. EMR was included in 10 notes of analysts from March 25, 2019. Citigroup maintained it with “Buy” rating and $7900 target in Tuesday, July 9 report. Morgan Stanley maintained it with “Overweight” rating and $7600 target in Thursday, August 8 report. Citigroup upgraded it to “Buy” rating and $81 target in Monday, April 8 report. The firm has “Buy” rating by Deutsche Bank given on Monday, March 25. The stock of Emerson Electric Co. (NYSE:EMR) has “Outperform” rating given on Wednesday, August 7 by Credit Suisse. Citigroup maintained it with “Buy” rating and $7700 target in Tuesday, July 30 report. Deutsche Bank maintained Emerson Electric Co. (NYSE:EMR) rating on Monday, August 5. Deutsche Bank has “Buy” rating and $7300 target.

More notable recent Emerson Electric Co. (NYSE:EMR) news were published by: Finance.Yahoo.com which released: “Here’s Why Emerson Electric (NYSE:EMR) Can Manage Its Debt Responsibly – Yahoo Finance” on August 25, 2019, also Fool.com with their article: “Is Caterpillar a Value Stock to Buy Now? – The Motley Fool” published on August 16, 2019, 247Wallst.com published: “5 Merrill Lynch High-Quality & Dividend Yield List Stocks to Buy Now – 24/7 Wall St.” on August 30, 2019. More interesting news about Emerson Electric Co. (NYSE:EMR) were released by: Businesswire.com and their article: “Emerson Global STEM Survey Shows Growing Interest in STEM Careers But Lack of Encouragement, Especially for Women – Business Wire” published on August 19, 2019 as well as Businesswire.com‘s news article titled: “Emerson Acquires Spence and Nicholson Steam Technology Product Lines from Circor International – Business Wire” with publication date: September 03, 2019.

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

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