Published: Sun, March 05, 2017
Markets | By Armando Jensen

Today Emerson Electric Company (EMR) Receives Consensus Rating of "Hold" from Brokerages


Bowling Portfolio Management LLC increased its position in General Electric Company by 1.4% in the second quarter. Mascoma Wealth Management LLC bought a new position in shares of Emerson Electric Company during the fourth quarter worth approximately $228,000. Its share price has risen 25.21% in three months and is up 1.78% for the last five trades. UBS Group AG increased its position in shares of Portland General Electric Company by 820.3% in the third quarter.

Based on their most recently released notes to investors, 7 analysts have a rating of "buy", 4 analysts "outperform", 7 analysts "hold", 1 analysts "underperform" and 0 analysts "sell". Cable Hill Partners LLC boosted its stake in General Electric Company by 38.4% in the third quarter. The company's stock had a trading volume of 738,855 shares. Finally, OMERS ADMINISTRATION Corp raised its position in Empire District Electric Company (The) by 3.4% in the second quarter. After this sale, 169,697 common shares of EMR are directly owned by the insider, with total stake valued at $10,234,426. Institutional investors own 54.68% of the company's stock.

Eyeing Earnings General Electric Company (NYSE:GE) is likely to post quarterly numbers around 2017-04-21 for the quarter ending 2017-03-31.

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The share price of the company (NYSE:GE) was up +1.27%, with a high of 30.35 during the day and the volume of General Electric Company shares traded was 36882976. The 52-Week High range of the stock is $64.36, while the 52-week low range is $48.45. The company reported $0.63 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.63. Portland General Electric Company had a return on equity of 7.99% and a net margin of 9.64%. The company had revenue of $33.10 billion for the quarter, compared to analyst estimates of $33.67 billion. According to these analysts, the Low Revenue Estimate for General Motors Company is 36.98 Billion and the High Revenue Estimate is 43.77 Billion. The mean revenue estimate for the current fiscal period ending March 2017 is $26.51B by 13 brokerage firms. Vetr downgraded General Electric Company from a "buy" rating to a "hold" rating and set a $32.62 target price on the stock.in a research report on Thursday, December 1st.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 17th. Stockholders of record on Monday, February 27th will be paid a $0.24 dividend. The ex-dividend date is Thursday, February 23rd. This represents a $1.04 annualized dividend and a yield of 3.05%. General Electric Company's dividend payout ratio (DPR) is 106.67%. General Electric's (GE) industrial water treatment business which is up for sale would be a good strategic fit for Suez, the French group's chief executive said on Wednesday. If you are accessing this article on another domain, it was copied illegally and reposted in violation of United States & global copyright & trademark legislation.

07/22/2016 - Standpoint Research began new coverage on General Electric Company giving the company a " rating. William Blair set a $35.00 price target on General Electric Company and gave the company a "buy" rating in a research report on Tuesday, November 22nd. Three equities research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company's stock. Current stock price is in the upbeat territory taking into account of 20 days moving average with 21.30% and continued bullish run for 50 days moving average with 21.90%. EMR Exec. Vice President and COO Purvis Edgar M Jr also sold 14,553 shares, at a stock price of $63.41. Renaissance Technologies LLC now owns 907,000 shares of the company's stock valued at $39,300,000 after buying an additional 247,400 shares during the period. (NYSE:EMR), according to U.S. Securities and Exchange Commission (SEC) filings. The stock was purchased at an average price of $29.63 per share, for a total transaction of $148,150.00. The third largest holder is Blackrock Institutional Trust Company, N.A., which now holds $1.03 billion worth of this stock and that ownership represents almost 2.65% of its market capitalization.

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