Eventide Asset Management LLC Takes $497,000 Position in Emerson Electric Co. $EMR

Eventide Asset Management LLC bought a new position in shares of Emerson Electric Co. (NYSE:EMR) in the 4th quarter, Holdings Channel.com reports. The fund bought 3,676 shares of the industrial products company’s stock, valued at approximately $497,000.

Other hedge funds also recently bought and sold shares of the company. Murphy Middleton Hinkle & Parker Inc. grew its stake in shares of Emerson Electric by 229.1% during the fourth quarter. Murphy Middleton Hinkle & Parker Inc. now owns 46,467 shares of the industrial products company’s stock worth $6,167,000 after purchasing an additional 32,346 shares in the last quarter. Vanguard Group Inc. raised its stake in Emerson Electric by 0.4% in the third quarter. Vanguard Group Inc. now owns 54,330,938 shares of the industrial products company’s stock valued at $7,127,132,000 after buying an additional 201,040 shares in the last quarter. Elo Mutual Pension Insurance Co lifted its holdings in Emerson Electric by 26.6% during the 3rd quarter. Elo Mutual Pension Insurance Co now owns 67,546 shares of the industrial products company’s stock worth $8,861,000 after buying an additional 14,210 shares during the last quarter. Empirical Asset Management LLC acquired a new position in shares of Emerson Electric during the 3rd quarter worth about $1,738,000. Finally, Forbes J M & Co. LLP increased its holdings in shares of Emerson Electric by 692.5% in the 4th quarter. Forbes J M & Co. LLP now owns 95,811 shares of the industrial products company’s stock valued at $12,716,000 after acquiring an additional 83,721 shares during the last quarter. Institutional investors and hedge funds own 74.30% of the company’s stock.

Emerson Electric Trading Up 2.5%

Shares of Emerson Electric stock opened at $146.59 on Tuesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.64 and a current ratio of 0.87. The company has a market capitalization of $82.10 billion, a P/E ratio of 33.85, a PEG ratio of 2.28 and a beta of 1.25. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $165.15. The company’s fifty day moving average is $140.03 and its two-hundred day moving average is $140.66.

Emerson Electric (NYSE:EMR) last announced its earnings results on Tuesday, May 5th. The industrial products company reported $1.54 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.01. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. 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 prior year, the company earned $1.48 earnings per share. The business’s 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. Analysts forecast that Emerson Electric Co. will post 6.49 earnings per share for the current year.

Emerson Electric Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th were paid a $0.555 dividend. This represents a $2.22 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Friday, May 15th. Emerson Electric’s dividend payout ratio (DPR) is 51.27%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on EMR. Weiss Ratings restated a “hold (c+)” rating on shares of Emerson Electric in a research note on Monday, May 4th. Wells Fargo & Company boosted their price objective on shares of Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. Sanford C. Bernstein began coverage on shares of Emerson Electric in a research report on Wednesday, June 10th. They issued an “outperform” rating and a $175.00 target price on the stock. Royal Bank Of Canada lifted their price target on shares of Emerson Electric from $161.00 to $169.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 6th. Finally, Jefferies Financial Group started coverage on shares of Emerson Electric in a research note on Tuesday, March 31st. They issued a “buy” rating and a $175.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $163.77.

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.