The firm owned 452,066 shares of the company's stock after buying an additional 15,696 shares during the period. For trailing twelve months, EPS value for the stock is $2.56.
Want to see what other hedge funds are holding EMR?
The simple 20 day moving average for Emerson Electric Co.is -0.52% and the simple 200-day moving average is at 13.29%. During the trading on 03/01/2017, Company's stock ranged from $77.88 to $79.00. Fisher Asset Management LLC increased its position in General Electric Company by 0.4% in the third quarter. Hyman Charles D now owns 226,638 shares of the company's stock worth $11,821,000 after buying an additional 1,560 shares in the last quarter. Vanguard Group Inc. now owns 3,409,135 shares of the company's stock valued at $115,809,000 after buying an additional 115,632 shares during the period. Zacks Investment Research downgraded General Electric Company from a "hold" rating to a "sell" rating in a research report on Wednesday, November 30th. Apple Inc. (NASDAQ:AAPL), at its latest closing price of $138.96, it has a price-to-book ratio of 5.55, compared to an industry average at 2.78. Finally, RBC Capital Markets restated a "sector perform" rating and set a $22.00 price objective on shares of Empire District Electric Company (The) in a research report on Friday, December 2nd.
General Electric Company (NYSE:GE) opened at 30.19 on Friday. The company rocked its 52-Week High of $64.36 on Feb 14, 2017 and touched its 52-Week Low of $48.45 on Jun 27, 2016. The Q3 2017 consensus earnings estimates for the company have stabilized at US$0.67 per share. The business had revenue of $3.20 billion for the quarter, compared to analyst estimates of $3.17 billion. During the same period a year ago, the company earned $0.52 earnings per share. Equities analysts expect that General Electric Company will post $1.63 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 25th. The new indicated annual dividend based on announced dividend per share is $0.96. This represents a $0.96 annualized dividend and a yield of 3.18%.More news: European Parliament to vote on visa liberalization for Ukraine on April 5
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12/16/2016 - Empire District Electric Company (The) had its " rating reiterated by analysts at Scotiabank.
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EMR has been the topic of a number of research analyst reports. The 5 year historical dividend growth of General Electric Company (GE) is at the rate of 7.56% while the R-Squared dividend growth is 0.83. Stifel Nicolaus raised their price target on Emerson Electric Company from $63.00 to $70.00 and gave the stock a "buy" rating in a research report on Thursday, February 9th. Similar statistics are true for the second largest owner, State Street Corp, which owns 32,271,263 shares of the stock are valued at $1.96 billion.
As for as concerns shares volumes, in share of capital General Electric Company (NYSE:GE) has 8796.58 million outstanding shares among them 8796.58 million shares have been floated in market exchange. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. The company now has a consensus rating of Hold and a consensus target price of $55.12.
Several other institutional investors also recently added to or reduced their stakes in GE. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Investors and analysts may also be following moving averages in relation to the current stock price. Following the sale, the insider now owns 738,907 shares of the company's stock, valued at $21,842,090.92. The disclosure for this purchase can be found here.