5 Undervalued Dividend Aristocrats To Buy According to Analysts

4. Emerson Electric Co. (NYSE:EMR)

Upside Potential as of May 7: 20.1%
P/E Ratio as of May 7: 19.8

Emerson Electric Co. (NYSE:EMR) is a manufacturing company that specializes in products belonging to various industries. On May 3, the company declared a quarterly dividend of $0.52 per share, which was consistent with its previous dividend. The company maintains a 66-year streak of dividend growth, which makes it one of the best dividend aristocrat stocks on our list. The stock has a dividend yield of 2.46%, as recorded on May 7.

Mizuho maintained a Neutral rating on Emerson Electric Co. (NYSE:EMR) with a $90 price target, appreciating the company’s recent quarterly earnings.

At the end of December 2022, 32 hedge funds tracked by Insider Monkey had stakes in Emerson Electric Co. (NYSE:EMR), with a collective value of over $781 million.

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