Notis-mcconarty Edward Lowers stake in Emerson Electric Co. (EMR)

Emerson Electric Co. (EMR) : Notis-mcconarty Edward reduced its stake in Emerson Electric Co. by 17.09% during the most recent quarter end. The investment management company now holds a total of 27,500 shares of Emerson Electric Co. which is valued at $1,485,825 after selling 5,670 shares in Emerson Electric Co. , the firm said in a disclosure report filed with the SEC on Aug 8, 2016.Emerson Electric Co. makes up approximately 1.01% of Notis-mcconarty Edward’s portfolio.

Other Hedge Funds, Including , Hamel Associates boosted its stake in EMR in the latest quarter, The investment management firm added 600 additional shares and now holds a total of 33,410 shares of Emerson Electric Co. which is valued at $1,805,142. Emerson Electric Co. makes up approx 0.95% of Hamel Associates’s portfolio.Cobblestone Capital Advisors Ny boosted its stake in EMR in the latest quarter, The investment management firm added 1,350 additional shares and now holds a total of 24,864 shares of Emerson Electric Co. which is valued at $1,337,435. Emerson Electric Co. makes up approx 0.18% of Cobblestone Capital Advisors Ny’s portfolio.Dean Investment Associates boosted its stake in EMR in the latest quarter, The investment management firm added 245 additional shares and now holds a total of 94,314 shares of Emerson Electric Co. which is valued at $4,990,154. Emerson Electric Co. makes up approx 0.95% of Dean Investment Associates’s portfolio.North Star Asset Management Inc boosted its stake in EMR in the latest quarter, The investment management firm added 200 additional shares and now holds a total of 27,884 shares of Emerson Electric Co. which is valued at $1,558,716. Emerson Electric Co. makes up approx 0.18% of North Star Asset Management Inc’s portfolio.Ramsay Stattman Vela Price boosted its stake in EMR in the latest quarter, The investment management firm added 615 additional shares and now holds a total of 88,543 shares of Emerson Electric Co. which is valued at $4,961,950. Emerson Electric Co. makes up approx 2.39% of Ramsay Stattman Vela Price’s portfolio.

Emerson Electric Co. opened for trading at $54.06 and hit $54.84 on the upside on Monday, eventually ending the session at $54.71, with a gain of 1.37% or 0.74 points. The heightened volatility saw the trading volume jump to 29,45,170 shares. Company has a market cap of $35,208 M.

On the company’s financial health, Emerson Electric Co. reported $0.66 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on May 3, 2016. Analyst had a consensus of $0.63. The company had revenue of $4928.00 million for the quarter, compared to analysts expectations of $4896.67 million. The company’s revenue was down -8.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.65 EPS.

Many Wall Street Analysts have commented on Emerson Electric Co.. Emerson Electric Co. was Resumed by JP Morgan to “Neutral” on Aug 8, 2016. Emerson Electric Co. was Downgraded by CLSA to ” Sell” on Aug 3, 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 Company’s Commercial & Residential Solutions segment offers a range of tools storage products and appliance solutions.

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