Ally Financial Trimmed Its Emerson Electric Co (EMR) Holding; Grainger PLC (LON:GRI) Covered By 5 Bulls

June 20, 2017 - By Henry Gaston

Among 9 analysts covering Grainger (LON:GRI), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Grainger had 75 analyst reports since July 21, 2015 according to SRatingsIntel. Numis Securities upgraded the stock to “Buy” rating in Monday, January 4 report. Peel Hunt maintained the shares of GRI in report on Tuesday, October 11 with “Hold” rating. As per Monday, September 21, the company rating was maintained by Jefferies. The stock has “Neutral” rating by Kempen & Co on Thursday, January 28. The firm earned “Buy” rating on Wednesday, February 3 by Numis Securities. N+1 Singer maintained Grainger PLC (LON:GRI) rating on Thursday, December 1. N+1 Singer has “Buy” rating and GBX 320 target. Jefferies maintained the shares of GRI in report on Monday, November 23 with “Hold” rating. Stifel Nicolaus maintained Grainger PLC (LON:GRI) on Tuesday, October 13 with “Buy” rating. N+1 Singer maintained the shares of GRI in report on Monday, December 7 with “Buy” rating. The stock has “Buy” rating by N+1 Singer on Tuesday, October 11. See Grainger PLC (LON:GRI) latest ratings:

31/05/2017 Broker: JP Morgan Rating: Neutral Old Target: GBX 260.00 New Target: GBX 260.00 Maintain
25/05/2017 Broker: Barclays Capital Rating: Overweight New Target: GBX 310.00 Initiates Starts
22/05/2017 Broker: JP Morgan Rating: Neutral Old Target: GBX 260.00 New Target: GBX 260.00 Maintain
22/05/2017 Broker: Jefferies Rating: Hold Old Target: GBX 266.00 New Target: GBX 275.00 Maintain
19/05/2017 Broker: Numis Securities Rating: Buy New Target: GBX 300.00 Maintain
19/05/2017 Broker: Peel Hunt Rating: Buy Old Target: GBX 300.00 New Target: GBX 300.00 Maintain
26/04/2017 Broker: Jefferies Rating: Hold Old Target: GBX 220.00 New Target: GBX 266.00 Maintain
08/02/2017 Broker: Numis Securities Rating: Buy New Target: GBX 300.00 Maintain
08/02/2017 Broker: N+1 Singer Rating: Buy Old Target: GBX 320.00 New Target: GBX 320.00 Maintain
02/02/2017 Broker: Peel Hunt Rating: Buy Old Target: GBX 250.00 New Target: GBX 300.00 Upgrade

Ally Financial Inc decreased Emerson Electric Co (EMR) stake by 25.71% reported in 2016Q4 SEC filing. Ally Financial Inc sold 45,000 shares as Emerson Electric Co (EMR)’s stock declined 4.02%. The Ally Financial Inc holds 130,000 shares with $7.25 million value, down from 175,000 last quarter. Emerson Electric Co now has $39.37 billion valuation. The stock declined 1.61% or $0.99 reaching $60.39 per share. About 1.30M shares traded. Emerson Electric Co. (NYSE:EMR) has risen 18.47% since June 20, 2016 and is uptrending. It has outperformed by 1.77% the S&P500.

Since February 9, 2017, it had 0 buys, and 4 insider sales for $2.97 million activity. Shares for $496,277 were sold by Pelch Steven J. on Friday, February 10. $642,937 worth of stock was sold by Train Michael H. on Tuesday, February 21. Another trade for 14,553 shares valued at $922,737 was made by Purvis Edgar M Jr on Thursday, February 9. 14,552 shares were sold by DELLAQUILA FRANK J, worth $910,063.

Among 22 analysts covering Emerson Electric Co. (NYSE:EMR), 5 have Buy rating, 2 Sell and 15 Hold. Therefore 23% are positive. Emerson Electric Co. had 45 analyst reports since August 6, 2015 according to SRatingsIntel. Argus Research downgraded the shares of EMR in report on Thursday, August 6 to “Hold” rating. RBC Capital Markets maintained Emerson Electric Co. (NYSE:EMR) on Wednesday, November 4 with “Sector Perform” rating. UBS maintained the stock with “Neutral” rating in Thursday, August 4 report. The company was initiated on Wednesday, September 9 by Sterne Agee CRT. Credit Suisse maintained the stock with “Outperform” rating in Monday, March 14 report. On Monday, October 3 the stock rating was initiated by Berenberg with “Sell”. The firm earned “Sell” rating on Wednesday, October 12 by UBS. The rating was maintained by Barclays Capital on Wednesday, August 5 with “Equal Weight”. The company was upgraded on Friday, March 3 by HSBC. As per Tuesday, August 25, the company rating was maintained by Deutsche Bank.

Analysts await Emerson Electric Co. (NYSE:EMR) to report earnings on August, 1. They expect $0.68 earnings per share, down 15.00% or $0.12 from last year’s $0.8 per share. EMR’s profit will be $443.31 million for 22.20 P/E if the $0.68 EPS becomes a reality. After $0.58 actual earnings per share reported by Emerson Electric Co. for the previous quarter, Wall Street now forecasts 17.24% EPS growth.

Ally Financial Inc increased Southwestern Energy Co (NYSE:SWN) stake by 120,000 shares to 215,000 valued at $2.33M in 2016Q4. It also upped Pepsico Inc (NYSE:PEP) stake by 20,000 shares and now owns 35,000 shares. Johnson & Johnson (NYSE:JNJ) was raised too.

Investors sentiment decreased to 0.81 in 2016 Q4. Its down 0.18, from 0.99 in 2016Q3. It dropped, as 61 investors sold EMR shares while 465 reduced holdings. 94 funds opened positions while 333 raised stakes. 433.10 million shares or 2.57% less from 444.54 million shares in 2016Q3 were reported. Verition Fund Mngmt Ltd Liability Co stated it has 0.06% of its portfolio in Emerson Electric Co. (NYSE:EMR). Hudson Valley Invest Adv accumulated 0.48% or 29,099 shares. Davis R M invested in 0.11% or 42,703 shares. Aviva Public Ltd Co holds 443,186 shares. Parametric Associate Limited Com, a Washington-based fund reported 1.72 million shares. Rothschild Investment Corporation Il has 0.08% invested in Emerson Electric Co. (NYSE:EMR). South Texas Money Ltd, Texas-based fund reported 18,307 shares. Pension Service holds 0.18% or 474,011 shares. California State Teachers Retirement Sys has invested 0.16% in Emerson Electric Co. (NYSE:EMR). Sit Investment Assoc invested in 4,240 shares or 0.01% of the stock. Envestnet Asset Mgmt holds 0.03% of its portfolio in Emerson Electric Co. (NYSE:EMR) for 134,816 shares. First National Trust holds 0.43% or 54,440 shares in its portfolio. Axa has invested 0.1% of its portfolio in Emerson Electric Co. (NYSE:EMR). Guardian Cap Lp reported 7,163 shares. Foyston Gordon Payne invested 0.79% of its portfolio in Emerson Electric Co. (NYSE:EMR).

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