NewEdge Wealth LLC Acquires 6,986 Shares of Emerson Electric Co. $EMR

NewEdge Wealth LLC grew its holdings in shares of Emerson Electric Co. (NYSE:EMR) by 39.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 24,500 shares of the industrial products company’s stock after buying an additional 6,986 shares during the period. NewEdge Wealth LLC’s holdings in Emerson Electric were worth $3,252,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EMR. Brighton Jones LLC boosted its position in Emerson Electric by 74.1% during the fourth quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company’s stock worth $1,412,000 after purchasing an additional 4,850 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in Emerson Electric during the first quarter worth about $232,000. Caxton Associates LLP bought a new position in Emerson Electric during the first quarter worth about $275,000. Sivia Capital Partners LLC bought a new position in Emerson Electric during the second quarter worth about $203,000. Finally, Jump Financial LLC boosted its position in Emerson Electric by 121.5% during the second quarter. Jump Financial LLC now owns 10,543 shares of the industrial products company’s stock worth $1,406,000 after purchasing an additional 5,783 shares during the period. Institutional investors own 74.30% of the company’s stock.

Analyst Upgrades and Downgrades

EMR has been the topic of a number of recent analyst reports. Robert W. Baird increased their price target on shares of Emerson Electric from $143.00 to $164.00 and gave the stock a “neutral” rating in a report on Friday, January 16th. Evercore increased their price target on shares of Emerson Electric from $170.00 to $185.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Wolfe Research lowered their price target on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating on the stock in a report on Wednesday, April 8th. HSBC increased their price target on shares of Emerson Electric from $165.00 to $170.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Finally, Wells Fargo & Company increased their price target on shares of Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. Twelve investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Emerson Electric currently has an average rating of “Hold” and an average target price of $164.24.

Emerson Electric Trading Down 1.4%

Shares of EMR opened at $139.29 on Tuesday. The firm’s 50 day simple moving average is $138.09 and its 200 day simple moving average is $139.39. The company has a market capitalization of $78.02 billion, a P/E ratio of 32.17, a P/E/G ratio of 2.26 and a beta of 1.26. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.87 and a quick ratio of 0.64. Emerson Electric Co. has a 1-year low of $114.83 and a 1-year high of $165.15.

Emerson Electric (NYSE:EMR) last announced its earnings results 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. The business had revenue of $4.56 billion for the quarter, compared to the consensus estimate of $4.59 billion. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. Emerson Electric’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period last year, the firm posted $1.48 earnings per share. 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. Sell-side analysts forecast that Emerson Electric Co. will post 6.49 earnings per share for the current fiscal year.

Emerson Electric Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 15th will be paid a $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Friday, May 15th. Emerson Electric’s dividend payout ratio (DPR) is currently 51.27%.

Insiders Place Their Bets

In related news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $142.32, for a total value of $811,224.00. Following the sale, the chief executive officer directly owned 281,393 shares of the company’s stock, valued at $40,047,851.76. This trade represents a 1.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.23% of the stock is owned by corporate insiders.

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.