10 Undervalued Dividend Aristocrats To Buy According to Analysts

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2. Emerson Electric Co. (NYSE:EMR)

Average Analyst Rating Score: 1.9
P/E Ratio as of March 16: 32.2

Emerson Electric Co. (NYSE:EMR) is a multinational corporation that specializes in providing technology and engineering solutions for a wide range of industries. On February 7, the company declared a quarterly dividend of $0.525 per share, which was in line with its previous dividend. Its dividend growth streak currently spans over 67 years. With a dividend yield of 1.90%, EMR is one of the best dividend aristocrat stocks on our list.

Of the 900+ hedge funds tracked by Insider Monkey owning investments in Emerson Electric Co. (NYSE:EMR) stood at 50 in Q4 2023, down from 53 in the previous quarter. The total value of these stakes is over $1.44 billion.

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