Emerson Electric Co. (EMR) : Rdl Financial Inc scooped up 4,212 additional shares in Emerson Electric Co. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 25, 2016. The investment management firm now holds a total of 55,130 shares of Emerson Electric Co. which is valued at $3,011,752.Emerson Electric Co. makes up approximately 2.25% of Rdl Financial Inc’s portfolio.
Emerson Electric Co. opened for trading at $54.5 and hit $55.27 on the upside on Monday, eventually ending the session at $55.21, with a gain of 1.06% or 0.58 points. The heightened volatility saw the trading volume jump to 42,55,697 shares. Company has a market cap of $35,506 M.
Other Hedge Funds, Including , Delta Asset Managementtn boosted its stake in EMR in the latest quarter, The investment management firm added 116 additional shares and now holds a total of 98,337 shares of Emerson Electric Co. which is valued at $5,372,150. Emerson Electric Co. makes up approx 0.94% of Delta Asset Managementtn’s portfolio. Stokes Hubbell Capital Management added EMR to its portfolio by purchasing 5,919 company shares during the most recent quarter which is valued at $328,327. Emerson Electric Co. makes up approx 0.15% of Stokes Hubbell Capital Management’s portfolio.Van Cleef Asset Managementinc reduced its stake in EMR by selling 100 shares or 0.97% in the most recent quarter. The Hedge Fund company now holds 10,177 shares of EMR which is valued at $564,518. Emerson Electric Co. makes up approx 0.20% of Van Cleef Asset Managementinc’s portfolio.
On the company’s financial health, Emerson Electric Co. reported $0.56 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Feb 2, 2016. Analyst had a consensus of $0.51. The company had revenue of $4713.00 million for the quarter, compared to analysts expectations of $4621.71 million. The company’s revenue was down -15.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.75 EPS.
Many Wall Street Analysts have commented on Emerson Electric Co.. Emerson Electric Co. was Downgraded by Standpoint Research to ” Hold” on Feb 29, 2016.
Emerson Electric Co. is engaged in offering technology and engineering together that provides solutions for customers in industrial commercial and consumer markets around the world. The company operates through five business segments: Process Management Industrial Automation Network Power Climate Technologies and Commercial & Residential Solutions. The Process Management segment provides measurement control and diagnostic capabilities for automated industrial processes. The Industrial Automation segment provides integrated manufacturing solutions to its customers at the source of manufacturing their own products. The Network Power segment designs manufactures installs and maintains products providing grid-to-chip electric power conditioning. The Climate Technologies segment provides products and services for the climate control industry. The Companys Commercial & Residential Solutions segment offers a range of tools storage products and appliance solutions.