Gilpin Wealth Management LLC Takes Position in Emerson Electric Co. $EMR

Gilpin Wealth Management LLC acquired a new stake in Emerson Electric Co. (NYSE:EMRFree Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 5,305 shares of the industrial products company’s stock, valued at approximately $704,000.

Several other hedge funds have also modified their holdings of EMR. Norges Bank purchased a new stake in shares of Emerson Electric during the 4th quarter valued at about $1,050,040,000. Ameriprise Financial Inc. raised its holdings in shares of Emerson Electric by 185.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,192,982 shares of the industrial products company’s stock valued at $418,730,000 after buying an additional 2,075,425 shares during the period. Fisher Asset Management LLC raised its holdings in shares of Emerson Electric by 20.6% during the 3rd quarter. Fisher Asset Management LLC now owns 6,262,570 shares of the industrial products company’s stock valued at $821,524,000 after buying an additional 1,069,122 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of Emerson Electric by 17.8% during the 4th quarter. Bank of New York Mellon Corp now owns 6,198,148 shares of the industrial products company’s stock valued at $822,618,000 after buying an additional 938,051 shares during the period. Finally, Schroder Investment Management Group raised its holdings in shares of Emerson Electric by 13.5% during the 3rd quarter. Schroder Investment Management Group now owns 7,205,569 shares of the industrial products company’s stock valued at $945,227,000 after buying an additional 859,171 shares during the period. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

EMR has been the topic of several analyst reports. Wolfe Research dropped their target price on Emerson Electric from $176.00 to $169.00 and set an “outperform” rating on the stock in a report on Wednesday, April 8th. Royal Bank Of Canada raised their target price on Emerson Electric from $161.00 to $169.00 and gave the company an “outperform” rating in a report on Wednesday, May 6th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Emerson Electric in a report on Monday, May 4th. Wells Fargo & Company raised their price objective on Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Finally, Barclays raised their price objective on Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $163.77.

View Our Latest Stock Analysis on Emerson Electric

Emerson Electric Price Performance

Shares of NYSE EMR opened at $137.16 on Thursday. Emerson Electric Co. has a fifty-two week low of $122.64 and a fifty-two week high of $165.15. The business has a 50 day moving average price of $139.29 and a two-hundred day moving average price of $140.35. The company has a quick ratio of 0.64, a current ratio of 0.87 and a debt-to-equity ratio of 0.37. The firm has a market cap of $76.82 billion, a PE ratio of 31.68, a price-to-earnings-growth ratio of 2.27 and a beta of 1.25.

Emerson Electric (NYSE:EMRGet Free Report) last issued its earnings results on Tuesday, May 5th. The industrial products company reported $1.54 EPS for the quarter, topping the consensus estimate of $1.53 by $0.01. The company had revenue of $4.56 billion during the quarter, compared to analyst estimates of $4.59 billion. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The business’s revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.48 EPS. 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 expect that Emerson Electric Co. will post 6.49 earnings per share for the current fiscal year.

Emerson Electric Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were given a $0.555 dividend. The ex-dividend date was Friday, May 15th. This represents a $2.22 annualized dividend and a dividend yield of 1.6%. Emerson Electric’s dividend payout ratio (DPR) is presently 51.27%.

About Emerson Electric

(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.

See Also

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

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