Nuveen LLC lessened its stake in Emerson Electric Co. (NYSE:EMR – Free Report) by 3.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 5,697,310 shares of the industrial products company’s stock after selling 186,849 shares during the quarter. Nuveen LLC owned 1.01% of Emerson Electric worth $756,147,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Darwin Wealth Management LLC purchased a new stake in Emerson Electric during the second quarter worth approximately $29,000. Ares Financial Consulting LLC purchased a new stake in Emerson Electric during the fourth quarter worth approximately $29,000. Meeder Asset Management Inc. lifted its stake in Emerson Electric by 223.7% during the fourth quarter. Meeder Asset Management Inc. now owns 246 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 170 shares during the last quarter. Steph & Co. purchased a new stake in Emerson Electric during the fourth quarter worth approximately $33,000. Finally, Wealth Watch Advisors INC purchased a new stake in Emerson Electric during the third quarter worth approximately $33,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.
Analysts Set New Price Targets
EMR has been the subject of several recent analyst reports. Wolfe Research decreased their target price on Emerson Electric from $176.00 to $169.00 and set an “outperform” rating for the company in a research note on Wednesday, April 8th. Sanford C. Bernstein initiated coverage on Emerson Electric in a research note on Wednesday. They set an “outperform” rating and a $175.00 target price for the company. Jefferies Financial Group initiated coverage on Emerson Electric in a research note on Tuesday, March 31st. They set a “buy” rating and a $175.00 target price for the company. Royal Bank Of Canada boosted their target price on Emerson Electric from $161.00 to $169.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 6th. Finally, Daiwa Securities Group decreased their target price on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a research note on Friday, May 15th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $163.77.
Emerson Electric Price Performance
Shares of NYSE EMR opened at $142.14 on Friday. The company has a current ratio of 0.87, a quick ratio of 0.64 and a debt-to-equity ratio of 0.37. Emerson Electric Co. has a twelve month low of $122.64 and a twelve month high of $165.15. The stock has a 50 day moving average of $139.52 and a two-hundred day moving average of $140.45. The stock has a market cap of $79.61 billion, a P/E ratio of 32.83, a P/E/G ratio of 2.19 and a beta of 1.25.
Emerson Electric (NYSE:EMR – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.01. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The company had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.59 billion. During the same quarter in the previous year, the business earned $1.48 earnings per share. The firm’s revenue for the quarter was up 2.9% on a year-over-year basis. Emerson Electric has set its FY 2026 guidance at 6.450-6.550 EPS and its Q3 2026 guidance at 1.650-1.700 EPS. On average, research analysts forecast that Emerson Electric Co. will post 6.49 earnings per share for the current year.
Emerson Electric Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were issued a $0.555 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.6%. Emerson Electric’s payout ratio is presently 51.27%.
Emerson Electric Company Profile
Emerson Electric Co is a global technology and engineering company that designs and manufactures products and provides services for industrial, commercial and consumer markets. Founded in 1890, the company is headquartered in St. Louis, Missouri, and has built a long-standing presence in automation, control and climate-related technologies. Emerson’s offerings are aimed at improving productivity, energy efficiency and reliability for a wide range of end markets.
Emerson operates through two principal platforms—Automation Solutions and Commercial & Residential Solutions—providing process automation systems, measurement and analytical instrumentation, valves and actuators, control software, and related aftermarket services, alongside products for heating, ventilation and refrigeration, residential and commercial climate controls, tools and storage solutions.
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