Abbot Financial Management Inc. Grows Stake in Emerson Electric Company (EMR)

Cornelia Mascio
Dicembre 13, 2017

(NYSE:EMR). Jensen Invest Incorporated owns 2.81M shares or 2.29% of their United States portfolio. Moreover, Mutual Of America Cap Mngmt Llc has 0.08% invested in Emerson Electric Co.

However, this is dependent upon Emerson Electric Co.'s ability to maintain their financial health. This is a positive change from Emerson Electric's previous quarterly dividend of $0.48. Finally, AXA boosted its position in shares of Emerson Electric by 21.7% in the 1st quarter. GSA Capital Partners LLP raised its position in Emerson Electric by 11.0% during the third quarter.

In other Emerson Electric news, COO Edgar M. Purvis, Jr. sold 9,490 shares of Emerson Electric stock in a transaction dated Friday, December 8th. Chicago Partners Investment Group LLC now owns 5,700 shares of the industrial products company's stock valued at $358,000 after purchasing an additional 3,300 shares in the last quarter. Deprince Race & Zollo holds 1.1% of its portfolio in Emerson Electric Co. (NYSE:EMR). New Hampshire-based Charter Tru has invested 0.6% in Emerson Electric Co. The volume of 3.97 Million shares climbed up over an trading activity of 3.4 Million shares. The stock has a market cap of $42,713.11, a P/E ratio of 25.80, a PEG ratio of 3.13 and a beta of 1.24. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.64 and a quick ratio of 1.30. Emerson Electric has a one year low of $55.40 and a one year high of $67.79. Bokf Na invested 0.54% in Emerson Electric Co. The industrial products company reported $0.83 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.83. Sales reached $4.44 billion during the three-month period, compared to the average analyst estimate of $4.45 billion. Emerson Electric had a net margin of 9.94% and a return on equity of 20.47%. The company's revenue for the quarter was up 12.8% on a year-over-year basis. During the same quarter last year, the business posted $0.74 EPS. equities research analysts predict that Emerson Electric Company will post 2.92 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 11th. Investors of record on Friday, November 17th were issued a $0.485 dividend. The ROIC Quality of Emerson Electric Co. Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is now sitting at 44. The ex-dividend date was Thursday, November 16th.

The price to book ratio or market to book ratio for Cheryong Electric Co., Ltd. (KOSDAQ:A033100) now stands at 1.799794.

The Leverage Ratio of Emerson Electric Co. The shares were sold at an average price of $64.77, for a total value of $136,017.00. Great Lakes Advisors Llc bought 518,820 shares as the company's stock declined 4.02% while stock markets rallied. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Cowen & Co upgraded the shares of EMR in report on Tuesday, November 28 to "Outperform" rating. Following the completion of the sale, the vice president now directly owns 178,743 shares in the company, valued at approximately $11,577,184.11. The disclosure for this sale can be found here. RBC Capital Markets maintained Emerson Electric Co. The stock increased 6.90% or $0.14 during the last trading session, reaching $2.24.

Several other brokerages have also recently weighed in on EMR. Morgan Stanley reaffirmed an equal weight rating and issued a $67.00 price target (up from $64.00) on shares of Emerson Electric in a report on Monday, October 2nd. Cowen raised shares of Emerson Electric to a buy rating and set a $71.00 price target on the stock in a research report on Monday, October 23rd.

Cheryong Electric Co., Ltd. (KOSDAQ:A033100) has a current ERP5 Rank of 11448. On Friday, September 4 the stock rating was downgraded by TheStreet to "Hold". Finally, Citigroup set a $61.00 target price on Emerson Electric and gave the stock a "sell" rating in a research note on Tuesday, November 28th. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have assigned a buy rating to the stock. The stock price recently experienced a 5-day gain of 2.88% with 1.23 average true range (ATR). The correct version of this report can be accessed at https://www.dispatchtribunal.com/2017/12/12/abbot-financial-management-inc-grows-stake-in-emerson-electric-company-emr.html.

Emerson Electric Co is a diversified global manufacturing company, which provides solutions to customers by bringing technology and engineering together in the industrial, commercial and consumer markets around the world.

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