Emerson Elec Co (EMR) Holder Ronna Sue Cohen Lowered Holding by $3.33 Million as Stock Declined; Churchill Management Upped Its Holding in Fedex (FDX) by $431,520 as Stock Declined

Emerson Electric Co. (NYSE:EMR) Logo

Ronna Sue Cohen decreased its stake in Emerson Elec Co (EMR) by 66.21% based on its latest 2018Q3 regulatory filing with the SEC. Ronna Sue Cohen sold 43,763 shares as the company’s stock declined 17.99% with the market. The institutional investor held 22,337 shares of the consumer electronics and appliances company at the end of 2018Q3, valued at $1.71M, down from 66,100 at the end of the previous reported quarter. Ronna Sue Cohen who had been investing in Emerson Elec Co for a number of months, seems to be less bullish one the $39.00B market cap company. The stock increased 1.43% or $0.88 during the last trading session, reaching $62.28. About 1.47 million shares traded. Emerson Electric Co. (NYSE:EMR) has declined 4.91% since January 10, 2018 and is downtrending. It has underperformed by 4.91% the S&P500. Some Historical EMR News: 27/04/2018 – Carel expected to file IPO prospectus by next week; 07/03/2018 – Emerson’s Plantweb™ Digital Ecosystem Expands to Improve Enterprise-Wide Visibility into Plant Health; 13/03/2018 – Ex-Amb. Emerson Says Europe Not Surprised by Tillerson (Video); 18/04/2018 – EMERSON TO BUY TOOLS & TEST EQUIPMENT FROM TEXTRON FOR $810M; 18/04/2018 – EMERSON SEES DEAL ADDING TO EARNINGS IN FISCAL 2019; 07/03/2018 – Emerson’s Plantweb™ Digital Ecosystem Expands to Improve Enterprise-Wide Visibility into Plant Health; 15/03/2018 – EMERSON ELECTRIC CO – UNDERLYING ORDERS GROWTH WAS IN 5 TO 10 PCT RANGE FOR FEB; 14/05/2018 – Emerson Electric Co. vs IPCO, LLC | FWD Entered | 05/11/2018; 15/03/2018 – EMERSON FEB. TRAILING 3-MONTH AVERAGE ORDERS UP 10%; 24/04/2018 – Emerson Survey: Over Half of U.S. Homeowners Unaware Garbage Disposals Can Help Reduce Landfill Waste

Churchill Management Corp increased its stake in Fedex Corp (FDX) by 10.31% based on its latest 2018Q3 regulatory filing with the SEC. Churchill Management Corp bought 1,798 shares as the company’s stock declined 22.66% with the market. The institutional investor held 19,237 shares of the air freight and delivery services company at the end of 2018Q3, valued at $4.63 million, up from 17,439 at the end of the previous reported quarter. Churchill Management Corp who had been investing in Fedex Corp for a number of months, seems to be bullish on the $44.23B market cap company. The stock decreased 0.67% or $1.14 during the last trading session, reaching $169.45. About 1.11M shares traded. FedEx Corporation (NYSE:FDX) has declined 19.38% since January 10, 2018 and is downtrending. It has underperformed by 19.38% the S&P500. Some Historical FDX News: 20/03/2018 – Global Edmonton: BREAKING: A package containing nails and shrapnel exploded at a FedEx centre in Texas early Tuesday morning,; 20/03/2018 – FEDEX CORP – QTRLY NON-GAAP SHR $3.72; 20/03/2018 – FEDEX CORP QTRLY FREIGHT SEGMENT GAAP REV $1.69 BLN VS $1.49 BLN REPORTED LAST YEAR; 20/03/2018 – Spectrum News Austin: BREAKING: SAPD Chief McManus confirms 2 packages found at the #Schertz FedEx facility in latest presser; 20/03/2018 – KCEN News: Bomb found at FedEx near airport linked to Austin explosions; 01/05/2018 – OneJet is adding new routes in aim to capture business travelers for FedEx and other companies; 20/03/2018 – FedEx 3Q Adj EPS $2.30; 02/04/2018 – The FedEx cyber attack could be part of a bigger ploy to hinder all organizations based in Ukraine, according to Mandiant Cyber Security’s Charles Carmakal; 19/03/2018 – FedEx Returns Technology Offers End-To-End Returns Management to E-tailers; 20/03/2018 – First Coast News: Bomb found at FedEx near airport linked to Austin explosions

Investors sentiment increased to 0.92 in Q3 2018. Its up 0.11, from 0.81 in 2018Q2. It improved, as 42 investors sold EMR shares while 430 reduced holdings. 115 funds opened positions while 321 raised stakes. 424.46 million shares or 1.26% less from 429.87 million shares in 2018Q2 were reported. Wade G W holds 17,667 shares or 0.14% of its portfolio. Ntv Asset Mngmt Ltd Liability Co holds 0.16% or 7,844 shares. Cleararc Capital invested in 0.16% or 16,243 shares. Congress Asset Mngmt Ma has 3,147 shares. Geode Capital Management Ltd holds 7.04M shares. Caisse De Depot Et Placement Du Quebec has invested 0.01% in Emerson Electric Co. (NYSE:EMR). Brown Brothers Harriman owns 0.02% invested in Emerson Electric Co. (NYSE:EMR) for 49,780 shares. Weatherly Asset Mgmt Lp has invested 0.08% in Emerson Electric Co. (NYSE:EMR). Moreover, Longview (Guernsey) Limited has 5.07% invested in Emerson Electric Co. (NYSE:EMR). Stadion Money Management Limited Liability Company holds 0.05% or 17,353 shares. Janney Capital Management Ltd Liability reported 156,858 shares. Northern has invested 0.17% in Emerson Electric Co. (NYSE:EMR). Shell Asset Mngmt owns 65,385 shares. 56,800 were accumulated by Sprucegrove Investment Limited. Meeder Asset holds 28,473 shares or 0.16% of its portfolio.

Analysts await Emerson Electric Co. (NYSE:EMR) to report earnings on February, 5. They expect $0.67 earnings per share, up 15.52% or $0.09 from last year’s $0.58 per share. EMR’s profit will be $419.52 million for 23.24 P/E if the $0.67 EPS becomes a reality. After $0.89 actual earnings per share reported by Emerson Electric Co. for the previous quarter, Wall Street now forecasts -24.72% negative EPS growth.

Since August 14, 2018, it had 0 insider buys, and 4 insider sales for $9.17 million activity. 6,409 Emerson Electric Co. (NYSE:EMR) shares with value of $475,774 were sold by Pelch Steven J.. $4.57M worth of Emerson Electric Co. (NYSE:EMR) was sold by MONSER EDWARD L on Friday, September 7. DELLAQUILA FRANK J sold 47,530 shares worth $3.51 million.

Among 30 analysts covering Emerson Electric Co. (NYSE:EMR), 13 have Buy rating, 1 Sell and 16 Hold. Therefore 43% are positive. Emerson Electric Co. had 106 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Emerson Electric Co. (NYSE:EMR) earned “Sector Perform” rating by RBC Capital Markets on Wednesday, August 5. UBS upgraded the stock to “Neutral” rating in Wednesday, February 8 report. The rating was upgraded by Cowen & Co on Tuesday, November 28 to “Outperform”. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, May 3 report. The rating was maintained by Barclays Capital on Monday, July 18 with “Equalweight”. Morgan Stanley maintained Emerson Electric Co. (NYSE:EMR) rating on Monday, October 2. Morgan Stanley has “Overweight” rating and $67 target. The firm earned “Equal Weight” rating on Wednesday, August 5 by Barclays Capital. The firm earned “Hold” rating on Thursday, August 6 by Argus Research. Berenberg initiated Emerson Electric Co. (NYSE:EMR) rating on Monday, October 3. Berenberg has “Sell” rating and $41 target. RBC Capital Markets maintained Emerson Electric Co. (NYSE:EMR) rating on Wednesday, April 12. RBC Capital Markets has “Hold” rating and $58 target.

Ronna Sue Cohen, which manages about $164.49 million US Long portfolio, upped its stake in Pembina Pipeline Corp (NYSE:PBA) by 28,370 shares to 105,474 shares, valued at $3.59 million in 2018Q3, according to the filing.

More notable recent Emerson Electric Co. (NYSE:EMR) news were published by: Fool.com which released: “Does ABB’s 4% Dividend Yield Make It a Stock to Buy Now? – The Motley Fool” on December 11, 2018, also Streetinsider.com with their article: “Emerson Electric (EMR) Acquires Advanced Engineering Valves – StreetInsider.com” published on December 12, 2018, Fool.com published: “Is ABB Stock a Buy for 2019? – The Motley Fool” on January 03, 2019. More interesting news about Emerson Electric Co. (NYSE:EMR) were released by: Seekingalpha.com and their article: “Credit Suisse weighs in on industrials – Seeking Alpha” published on January 03, 2019 as well as 247Wallst.com‘s news article titled: “Top Analyst Upgrades and Downgrades: Best Buy, Emerson Electric, Genpact, IBM, Lululemon, Manchester United, Sherwin-Williams, SCANA and More – 24/7 Wall St.” with publication date: December 17, 2018.

Since September 19, 2018, it had 2 insider purchases, and 1 sale for $1.08 million activity. 1,000 shares were bought by Griffith Susan Patricia, worth $225,156. EDWARDSON JOHN A also sold $281,124 worth of FedEx Corporation (NYSE:FDX) on Wednesday, September 19.

Investors sentiment increased to 1.29 in Q3 2018. Its up 0.18, from 1.11 in 2018Q2. It is positive, as 42 investors sold FDX shares while 362 reduced holdings. 112 funds opened positions while 411 raised stakes. 183.43 million shares or 1.65% less from 186.50 million shares in 2018Q2 were reported. Verition Fund Mngmt Limited has invested 0.07% in FedEx Corporation (NYSE:FDX). Wilbanks Smith And Thomas Asset Mngmt Limited Liability Co stated it has 0.22% of its portfolio in FedEx Corporation (NYSE:FDX). Moreover, Partnervest Advisory Svcs Ltd Liability has 0.11% invested in FedEx Corporation (NYSE:FDX). Whittier owns 5,050 shares. Parkside Natl Bank Tru reported 2,422 shares. Coldstream Mgmt reported 957 shares or 0.02% of all its holdings. Buckhead Capital Management Ltd Co, a Georgia-based fund reported 1,100 shares. Kbc Grp Nv holds 0.11% of its portfolio in FedEx Corporation (NYSE:FDX) for 61,120 shares. National Pension Ser stated it has 239,664 shares or 0.23% of all its holdings. Invesco Ltd accumulated 660,155 shares. 1,685 are held by Altavista Wealth Inc. United Asset Strategies Incorporated, New York-based fund reported 2,457 shares. Royal National Bank Of Canada has invested 0.08% of its portfolio in FedEx Corporation (NYSE:FDX). New England Private Wealth Ltd Company holds 1,345 shares or 0.09% of its portfolio. Proffitt And Goodson owns 0.18% invested in FedEx Corporation (NYSE:FDX) for 2,925 shares.

Among 38 analysts covering FedEx (NYSE:FDX), 25 have Buy rating, 1 Sell and 12 Hold. Therefore 66% are positive. FedEx had 137 analyst reports since August 14, 2015 according to SRatingsIntel. Oppenheimer maintained FedEx Corporation (NYSE:FDX) on Friday, March 16 with “Buy” rating. The firm has “Outperform” rating given on Thursday, March 15 by Robert W. Baird. The stock of FedEx Corporation (NYSE:FDX) has “Buy” rating given on Tuesday, December 19 by BMO Capital Markets. The firm has “Mkt Perform” rating given on Monday, December 14 by Raymond James. Goldman Sachs maintained the stock with “Conviction-Buy” rating in Thursday, September 17 report. The stock has “Hold” rating by Zacks on Monday, August 24. On Wednesday, September 21 the stock rating was maintained by Oppenheimer with “Outperform”. Stifel Nicolaus maintained the shares of FDX in report on Thursday, March 17 with “Buy” rating. The rating was maintained by Cowen & Co on Monday, September 11 with “Buy”. The rating was maintained by Oppenheimer on Friday, October 20 with “Buy”.

FedEx Corporation (NYSE:FDX) Institutional Positions Chart