Emerson Electric Co. (EMR) : Gierl Augustine Investment Management Inc scooped up 19,794 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 14, 2016. The investment management firm now holds a total of 55,976 shares of Emerson Electric Co. which is valued at $3,096,592.Emerson Electric Co. makes up approximately 2.93% of Gierl Augustine Investment Management Inc’s portfolio.
Emerson Electric Co. closed down -0.1 points or -0.18% at $55.22 with 34,58,904 shares getting traded on Monday. Post opening the session at $54.82, the shares hit an intraday low of $54.45 and an intraday high of $55.36 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
Other Hedge Funds, Including , Dalton Greiner Hartman Maher Co boosted its stake in EMR in the latest quarter, The investment management firm added 39,665 additional shares and now holds a total of 361,055 shares of Emerson Electric Co. which is valued at $19,973,563. Emerson Electric Co. makes up approx 1.20% of Dalton Greiner Hartman Maher Co’s portfolio. Prospera Financial Services Inc added EMR to its portfolio by purchasing 6,057 company shares during the most recent quarter which is valued at $335,073. Emerson Electric Co. makes up approx 0.07% of Prospera Financial Services Inc’s portfolio.State Of Alaska Department Of Revenue boosted its stake in EMR in the latest quarter, The investment management firm added 11,280 additional shares and now holds a total of 51,255 shares of Emerson Electric Co. which is valued at $2,835,427. Emerson Electric Co. makes up approx 0.30% of State Of Alaska Department Of Revenue’s portfolio.Stock Yards Bank Trust Co reduced its stake in EMR by selling 510 shares or 6.52% in the most recent quarter. The Hedge Fund company now holds 7,313 shares of EMR which is valued at $393,293. Emerson Electric Co. makes up approx 0.06% of Stock Yards Bank Trust Co’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. was Upgraded by Standpoint Research to ” Buy” on Jan 20, 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.