Choate Investment Advisors Has $10.47 Million Stake in Emerson Electric Co. $EMR

Choate Investment Advisors trimmed its holdings in shares of Emerson Electric Co. (NYSE:EMRFree Report) by 5.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,876 shares of the industrial products company’s stock after selling 4,363 shares during the period. Choate Investment Advisors’ holdings in Emerson Electric were worth $10,468,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Rooted Wealth Advisors Inc. increased its holdings in Emerson Electric by 3.0% during the 4th quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company’s stock valued at $291,000 after purchasing an additional 64 shares in the last quarter. Institute for Wealth Management LLC. increased its holdings in Emerson Electric by 1.6% during the 4th quarter. Institute for Wealth Management LLC. now owns 4,546 shares of the industrial products company’s stock valued at $603,000 after purchasing an additional 71 shares in the last quarter. Cornell Pochily Investment Advisors Inc. increased its holdings in Emerson Electric by 0.3% during the 4th quarter. Cornell Pochily Investment Advisors Inc. now owns 29,260 shares of the industrial products company’s stock valued at $3,883,000 after purchasing an additional 76 shares in the last quarter. Klingman & Associates LLC increased its holdings in Emerson Electric by 1.4% during the 4th quarter. Klingman & Associates LLC now owns 5,680 shares of the industrial products company’s stock valued at $754,000 after purchasing an additional 78 shares in the last quarter. Finally, Unison Advisors LLC increased its holdings in Emerson Electric by 0.4% during the 3rd quarter. Unison Advisors LLC now owns 21,496 shares of the industrial products company’s stock valued at $2,820,000 after purchasing an additional 80 shares in the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.

Emerson Electric Stock Up 0.1%

Shares of Emerson Electric stock opened at $136.51 on Monday. The company has a quick ratio of 0.64, a current ratio of 0.87 and a debt-to-equity ratio of 0.37. Emerson Electric Co. has a 12 month low of $114.91 and a 12 month high of $165.15. The business has a fifty day simple moving average of $136.41 and a 200 day simple moving average of $139.35. The stock has a market cap of $76.46 billion, a PE ratio of 31.53, a price-to-earnings-growth ratio of 2.18 and a beta of 1.26.

Emerson Electric (NYSE:EMRGet Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 EPS for the quarter, topping 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 business had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.59 billion. During the same period in the previous year, the firm earned $1.48 earnings per share. The firm’s quarterly revenue was up 2.9% compared to the same quarter last year. 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. Research analysts predict that Emerson Electric Co. will post 6.49 EPS for the current year.

Emerson Electric Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th will be issued a dividend of $0.555 per share. The ex-dividend date is Friday, May 15th. This represents a $2.22 annualized dividend and a yield of 1.6%. Emerson Electric’s payout ratio is currently 51.27%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Oppenheimer reaffirmed a “market perform” rating on shares of Emerson Electric in a report on Tuesday, January 27th. Loop Capital lifted their target price on Emerson Electric from $155.00 to $180.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. HSBC lifted their target price on Emerson Electric from $165.00 to $170.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Weiss Ratings reissued a “hold (c+)” rating on shares of Emerson Electric in a research note on Monday, May 4th. Finally, Evercore lifted their target price on Emerson Electric from $170.00 to $185.00 and gave the company an “outperform” rating in a research note on Thursday, February 5th. Twelve equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $163.24.

View Our Latest Stock Report on EMR

Insiders Place Their Bets

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of Emerson Electric stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $142.32, for a total transaction of $811,224.00. Following the transaction, the chief executive officer directly owned 281,393 shares in the company, valued at approximately $40,047,851.76. The trade was a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.23% of the company’s stock.

Emerson Electric Profile

(Free Report)

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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Institutional Ownership by Quarter for Emerson Electric (NYSE:EMR)

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