Seaward Management Limited Partnership buys $15,794,650 stake in Emerson Electric Co. (EMR)

Emerson Electric Co. (EMR) : Seaward Management Limited Partnership scooped up 4,524 additional shares in Emerson Electric Co. during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 281,846 shares of Emerson Electric Co. which is valued at $15,794,650.Emerson Electric Co. makes up approximately 0.84% of Seaward Management Limited Partnership’s portfolio.

Other Hedge Funds, Including , Calamos Advisors boosted its stake in EMR in the latest quarter, The investment management firm added 25 additional shares and now holds a total of 69,923 shares of Emerson Electric Co. which is valued at $3,918,485. Emerson Electric Co. makes up approx 0.04% of Calamos Advisors’s portfolio.Pineno Levin Ford Asset Management reduced its stake in EMR by selling 300 shares or 0.44% in the most recent quarter. The Hedge Fund company now holds 68,015 shares of EMR which is valued at $3,795,917. Emerson Electric Co. makes up approx 1.91% of Pineno Levin Ford Asset Management’s portfolio.Charter Trust Co boosted its stake in EMR in the latest quarter, The investment management firm added 711 additional shares and now holds a total of 94,404 shares of Emerson Electric Co. which is valued at $5,303,617. Emerson Electric Co. makes up approx 0.60% of Charter Trust Co’s portfolio.Private Asset Management Inc reduced its stake in EMR by selling 4,670 shares or 2.88% in the most recent quarter. The Hedge Fund company now holds 157,385 shares of EMR which is valued at $8,410,654. Emerson Electric Co. makes up approx 1.47% of Private Asset Management Inc’s portfolio.Ct Financial Advisors boosted its stake in EMR in the latest quarter, The investment management firm added 2 additional shares and now holds a total of 7,138 shares of Emerson Electric Co. which is valued at $381,455. Emerson Electric Co. makes up approx 0.24% of Ct Financial Advisors’s portfolio.

Emerson Electric Co. opened for trading at $55.77 and hit $56.035 on the upside on Friday, eventually ending the session at $55.9, with a gain of 0.13% or 0.07 points. The heightened volatility saw the trading volume jump to 44,82,421 shares. Company has a market cap of $35,963 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.. Company shares were Reiterated by Deutsche Bank on May 9, 2016 to “Hold”, Firm has raised the Price Target to $ 55 from a previous price target of $44 .Shares were Reiterated by Stifel on May 4, 2016 to “Buy” and Lowered the Price Target to $ 60 from a previous price target of $61 .Company shares were Reiterated by RBC Capital Mkts on May 4, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 50 from a previous price target of $47 .

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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