Emerson Electric Co. $EMR Shares Acquired by Canoe Financial LP

Canoe Financial LP lifted its stake in Emerson Electric Co. (NYSE:EMR) by 2.3% in the 1st quarter, Holdings Channel reports. The firm owned 245,425 shares of the industrial products company’s stock after purchasing an additional 5,579 shares during the quarter. Canoe Financial LP’s holdings in Emerson Electric were worth $32,156,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Basso Capital Management L.P. purchased a new stake in shares of Emerson Electric during the 4th quarter worth approximately $25,000. IFC & Insurance Marketing Inc. purchased a new position in Emerson Electric in the 4th quarter valued at approximately $27,000. Motiv8 Investments LLC purchased a new position in Emerson Electric in the 4th quarter valued at approximately $27,000. Ares Financial Consulting LLC acquired a new position in Emerson Electric during the fourth quarter worth $29,000. Finally, Darwin Wealth Management LLC purchased a new stake in Emerson Electric during the second quarter worth $29,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Emerson Electric Trading Up 0.2%

Emerson Electric stock opened at $143.84 on Monday. The stock has a 50-day moving average price of $141.31 and a 200 day moving average price of $141.49. Emerson Electric Co. has a 52 week low of $122.64 and a 52 week high of $165.15. The stock has a market cap of $80.57 billion, a PE ratio of 33.22, a P/E/G ratio of 2.29 and a beta of 1.25. 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 (NYSE:EMR) last released its earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.01. The company had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.59 billion. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The firm’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period in the prior 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. Equities research analysts predict that Emerson Electric Co. will post 6.49 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

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

Analyst Ratings Changes

EMR has been the subject of a number of research analyst reports. Weiss Ratings restated a “hold (c+)” rating on shares of Emerson Electric in a research report on Monday, May 4th. Barclays boosted their price objective on shares of Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Wells Fargo & Company increased their price objective on shares of Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. BMO Capital Markets raised their target price on shares of Emerson Electric from $150.00 to $157.00 in a report on Friday, May 8th. Finally, DA Davidson started coverage on shares of Emerson Electric in a report on Tuesday, June 16th. They issued a “neutral” rating and a $145.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $162.96.

About Emerson Electric

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.