(EMR) Releases Quarterly Earnings Results, Hits Expectations

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28 May, 2017

Its down 0.18, from 0.99 in 2016Q3. It fall, as 61 investors sold Emerson Electric Co. shares while 465 reduced holdings. 94 funds opened positions while 333 raised stakes. The last session's volume of 12.10 million shares was higher than its average volume of 8.23 million shares. First Houston Capital Inc., a Texas-based fund reported 48,450 shares. Private Asset Management has 152,221 shares for 1.42% of their portfolio.

A look at some of the inputs to technical analysis model shows how Emerson Electric Co. current price compares to its recent moving averages. (NYSE:EMR) on Wednesday, April 12 with "Hold" rating. Advisors Ltd Limited has 100 shares for 0% of their portfolio. Investors of record on Friday, May 12th will be issued a $0.48 dividend. State Bank Of Hawaii accumulated 0.15% or 28,244 shares. Most recently Emerson Electric Co. Stearns Gp reported 5,539 shares stake.

Emerson Electric (NYSE:EMR) last posted its earnings results on Tuesday, May 2nd. (NYSE:EMR). Reilly Advsr Ltd Liability Company holds 0.01% or 1,288 shares in its portfolio. Asset Mngmt stated it has 0.36% of its portfolio in Emerson Electric Co.

Since February 9, 2017, it had 0 buys, and 4 sales for $2.97 million activity. Nbt Retail Bank N A NY stated it has 0.23% in Emerson Electric Co. (NYSE:EMR) shares were sold by DELLAQUILA FRANK J. 14,553 shares valued at $922,737 were sold by Purvis Edgar M Jr on Thursday, February 9. The insider Pelch Steven J. sold $496,277. Train Michael H. sold 10,374 shares worth $642,937. Emerson Electric has a consensus rating of Hold and an average target price of $55.34. "(EMR)" was first published by Sports Perspectives and is the sole property of of Sports Perspectives. (NYSE:EMR) to report earnings on August, 1. The overall volume in the last trading session was 4.83 million shares, versus the average volume of 705,587 shares. The short interest to Emerson Electric Company's float is 1.67%. The stock rose 0.02% or $0.02 reaching $81.31. Emerson Electric updated its FY17 guidance to $2.55-2.65 EPS. Emerson Electric Co. (NYSE:EMR) has risen 18.47% since May 22, 2016 and is uptrending. It has outperformed by 1.77% the S&P500.

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 stock has a market cap of $38.32 billion, a P/E ratio of 25.40 and a beta of 1.17. The Company operates through four segments based on the nature of the products and services rendered: Process Management, Industrial Automation, Climate Technologies and Commercial & Residential Solutions. The Company's principal production activities are electronics assembly, metal stamping, forming, casting, machining, welding, plating, heat treating, painting and assembly.

02/08/2017 - Emerson Electric Company was upgraded to " by analysts at UBS. Three equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and one has given a buy rating to the stock. Therefore 19% are positive.

02/07/2017 - Emerson Electric Company had its "market perform" rating reiterated by analysts at Wells Fargo.

01/27/2017 - Emerson Electric Company was upgraded to " by analysts at Goldman Sachs. (NYSE:EMR) on Friday, January 27 to "Neutral" rating. The rating was upgraded by Buckingham Research on Tuesday, December 13 to "Neutral".

08/25/2016 - Emerson Electric Company had its "hold" rating reiterated by analysts at Deutsche Bank. Barclays Capital maintained the stock with "Equalweight" rating in Monday, July 18 report. The stock has "Buy" rating by Argus Research on Wednesday, May 11. On Thursday, November 5 the stock rating was downgraded by Societe Generale to "Hold". The rating was maintained by Cowen & Co with "Hold" on Wednesday, April 26. The firm earned "Sell" rating on Thursday, January 21 by Citigroup. Finally, HSBC Holdings plc upgraded Emerson Electric from a "reduce" rating to a "hold" rating and set a $55.00 price target for the company in a report on Friday, March 3rd.

Us Bancorp De decreased its stake in Emerson Electric Co (EMR) by 5.38% based on its latest 2016Q4 regulatory filing with the SEC. Adviser Investments LLC acquired a new position in Emerson Electric during the first quarter valued at $473,000. "Earnings Climb 2% In Q2" on May 02, 2017. The correct version of this story can be accessed at https://www.chaffeybreeze.com/2017/05/19/emerson-electric-co-emr-position-lowered-by-nbt-bank-n-a-ny.html.

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