Beacon Financial Group Trimmed Emerson Elec Co (EMR) Holding By $432,684; Lumentum Holdings Inc. (LITE) Had 6 Bulls

Lumentum Holdings Inc. (NASDAQ:LITE) Logo

Among 14 analysts covering Lumentum (NASDAQ:LITE), 6 have Buy rating, 3 Sell and 5 Hold. Therefore 43% are positive. Lumentum has $56 highest and $18 lowest target. $29.50’s average target is -52.27% below currents $61.8 stock price. Lumentum had 33 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Tuesday, August 18 by Northland Capital. Barclays Capital initiated Lumentum Holdings Inc. (NASDAQ:LITE) rating on Wednesday, August 5. Barclays Capital has “Equal Weight” rating and $23.0 target. The rating was initiated by M Partners on Thursday, September 24 with “Buy”. The firm has “Neutral” rating by Goldman Sachs given on Wednesday, August 5. M Partners maintained the shares of LITE in report on Wednesday, November 11 with “Buy” rating. The stock has “Buy” rating by UBS on Thursday, August 13. The stock of Lumentum Holdings Inc. (NASDAQ:LITE) has “Underweight” rating given on Friday, January 8 by Barclays Capital. The stock of Lumentum Holdings Inc. (NASDAQ:LITE) has “Strong Buy” rating given on Monday, October 31 by Needham. The stock of Lumentum Holdings Inc. (NASDAQ:LITE) earned “Mkt Perform” rating by Raymond James on Tuesday, August 4. As per Friday, February 5, the company rating was maintained by Stifel Nicolaus. See Lumentum Holdings Inc. (NASDAQ:LITE) latest ratings:

Beacon Financial Group decreased Emerson Elec Co (EMR) stake by 5.3% reported in 2018Q1 SEC filing. Beacon Financial Group sold 6,363 shares as Emerson Elec Co (EMR)’s stock declined 1.41%. The Beacon Financial Group holds 113,694 shares with $7.77 million value, down from 120,057 last quarter. Emerson Elec Co now has $45.90B valuation. The stock increased 1.87% or $1.34 during the last trading session, reaching $72.85. About 537,417 shares traded. Emerson Electric Co. (NYSE:EMR) has risen 22.35% since June 5, 2017 and is uptrending. It has outperformed by 9.78% the S&P500. Some Historical EMR News: ; 27/03/2018 – POWELL, EMERSON SIGN OIL DEALS WITH SAUDI ARABIA; 21/03/2018 – Emerson Electric Co. vs SIPCO, LLC | FWD Entered | 03/21/2018; 15/03/2018 – EMERSON FEB. TRAILING 3-MONTH AVERAGE ORDERS UP 10%; 01/05/2018 – Emerson Electric 2Q EPS 76c; 29/03/2018 – Emerson Electric Co. vs IPCO, LLC | FWD Entered | 03/29/2018; 15/05/2018 – Emerson Electric Co. vs SIPCO, LLC | FWD Entered | 05/15/2018; 01/05/2018 – Emerson Electric 2Q Cont Ops EPS 76c; 18/04/2018 – EMERSON ELECTRIC CO – EMERSON EXPECTS ACQUISITION TO BE ACCRETIVE TO EARNINGS IN FISCAL 2019 AND IMMEDIATELY ACCRETIVE TO CASH FLOW; 20/04/2018 – Jennison Adds Emerson Electric, Exits Newell Brands: 13F; 18/04/2018 – Textron to sell tools business to Emerson Electric

More news for Emerson Electric Co. (NYSE:EMR) were recently published by: Seekingalpha.com, which released: “Valero Energy Is A Buy – Cramer’s Lightning Round (6/4/18)” on June 05, 2018. Seekingalpha.com‘s article titled: “Emerson Electric: An Autonomous Future” and published on May 09, 2018 is yet another important article.

Since December 11, 2017, it had 0 buys, and 1 sale for $498,900 activity. $498,900 worth of stock was sold by Button Bell Katherine on Monday, December 11.

Investors sentiment decreased to 0.71 in Q1 2018. Its down 0.24, from 0.95 in 2017Q4. It is negative, as 41 investors sold EMR shares while 512 reduced holdings. 122 funds opened positions while 268 raised stakes. 427.58 million shares or 0.50% less from 429.74 million shares in 2017Q4 were reported. The Illinois-based Northern Tru Corp has invested 0.17% in Emerson Electric Co. (NYSE:EMR). Blackrock Inc reported 0.13% of its portfolio in Emerson Electric Co. (NYSE:EMR). Cohen Klingenstein Limited Liability Corporation has invested 0.18% in Emerson Electric Co. (NYSE:EMR). Invest Mngmt Of Virginia Llc invested in 0.41% or 26,012 shares. Thompson Rubinstein Investment Management Or reported 68,795 shares. Chevy Chase Trust Hldgs Inc has 548,135 shares for 0.17% of their portfolio. Lpl Ltd reported 217,211 shares. Mycio Wealth Limited Liability Com holds 0.11% of its portfolio in Emerson Electric Co. (NYSE:EMR) for 14,265 shares. Iat Reinsurance Comm has invested 0.94% in Emerson Electric Co. (NYSE:EMR). South State Corp has invested 0.82% in Emerson Electric Co. (NYSE:EMR). Brandes Investment Prtnrs Ltd Partnership invested in 1.23 million shares or 1.8% of the stock. Howland Cap Lc owns 15,032 shares. Stifel owns 1.65M shares. Trust Of Vermont invested in 76,969 shares or 0.5% of the stock. Advantus Cap Mngmt reported 0.11% stake.

Analysts await Emerson Electric Co. (NYSE:EMR) to report earnings on August, 7. They expect $0.86 EPS, up 26.47% or $0.18 from last year’s $0.68 per share. EMR’s profit will be $541.88 million for 21.18 P/E if the $0.86 EPS becomes a reality. After $0.76 actual EPS reported by Emerson Electric Co. for the previous quarter, Wall Street now forecasts 13.16% EPS growth.

Beacon Financial Group increased Wisdomtree Tr (DOL) stake by 94,050 shares to 102,171 valued at $5.09 million in 2018Q1. It also upped Wisdomtree Tr (EUDG) stake by 272,122 shares and now owns 904,031 shares. Ishares was raised too.

Among 29 analysts covering Emerson Electric Co. (NYSE:EMR), 12 have Buy rating, 1 Sell and 16 Hold. Therefore 41% are positive. Emerson Electric Co. has $86.0 highest and $41 lowest target. $64.60’s average target is -11.32% below currents $72.85 stock price. Emerson Electric Co. had 91 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Emerson Electric Co. (NYSE:EMR) has “Mkt Outperform” rating given on Monday, June 19 by JMP Securities. On Tuesday, November 7 the stock rating was initiated by Cowen & Co with “Buy”. The firm has “Hold” rating by Edward Jones given on Friday, November 17. The stock of Emerson Electric Co. (NYSE:EMR) has “Neutral” rating given on Wednesday, September 9 by Sterne Agee CRT. Cowen & Co maintained it with “Buy” rating and $78.0 target in Monday, January 22 report. The rating was downgraded by Argus Research to “Hold” on Thursday, August 6. The stock has “Reduce” rating by HSBC on Friday, October 7. Cowen & Co maintained the shares of EMR in report on Thursday, July 20 with “Hold” rating. The stock has “Market Perform” rating by Cowen & Co on Wednesday, August 5. Stifel Nicolaus maintained Emerson Electric Co. (NYSE:EMR) rating on Thursday, May 3. Stifel Nicolaus has “Buy” rating and $80 target.

The stock increased 1.98% or $1.2 during the last trading session, reaching $61.8. About 311,173 shares traded. Lumentum Holdings Inc. (NASDAQ:LITE) has risen 12.22% since June 5, 2017 and is uptrending. It has underperformed by 0.35% the S&P500. Some Historical LITE News: ; 02/05/2018 – LUMENTUM SAYS ZTE REVENUE LESS THAN 0.5% FOR LAST 12 MONTHS; 22/05/2018 – Lumentum Selects Veeco’s K475i MOCVD System for Next-Generation Applications Including 3D Sensing, High-Speed Fiber-Optic Communications and Laser-Based Materials Processing; 02/05/2018 – LUMENTUM 3Q ADJ EPS 78C, EST. 71C; 09/05/2018 – Technology Industry Leader Brian Lillie Named to Talend Board; 16/04/2018 – Yusuf Hameed, MD: $ACIA $LITE $FNSR Exclusive: U.S. bans American companies from selling to China’s ZTE; 22/05/2018 – Lumentum Presenting at B. Riley FBR Investor Conference May 24; 12/03/2018 – Oclaro Cancels Investor and Analyst Session at OFC; 12/03/2018 – Lumentum Holdings: Oclaro Stockholders to Own About 16% of Combined Company at Closing; 12/03/2018 Lumentum Holdings: For Each Oclaro Share, Oclaro Stockholders Will Receive $5.60 in Cash, 0.0636 Lumentum Share; 21/04/2018 – DJ Lumentum Holdings Inc, Inst Holders, 1Q 2018 (LITE)

Another recent and important Lumentum Holdings Inc. (NASDAQ:LITE) news was published by Streetinsider.com which published an article titled: “Rosenblatt Said Buy ACIA, NPTN, OCLR and LITE as ZTE Future Looks Better” on May 14, 2018.

Emerson Electric Co. (NYSE:EMR) Institutional Positions Chart

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