PFG Investments LLC increased its stake in shares of Emerson Electric Co. (NYSE:EMR – Free Report) by 20.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,194 shares of the industrial products company’s stock after acquiring an additional 3,964 shares during the quarter. PFG Investments LLC’s holdings in Emerson Electric were worth $3,039,000 at the end of the most recent quarter.
Other institutional investors also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Emerson Electric in the 4th quarter valued at $1,050,040,000. Ameriprise Financial Inc. raised its holdings in Emerson Electric by 185.7% during the third quarter. Ameriprise Financial Inc. now owns 3,192,982 shares of the industrial products company’s stock worth $418,730,000 after purchasing an additional 2,075,425 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Emerson Electric by 17.8% in 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. Fisher Asset Management LLC increased its holdings in shares of Emerson Electric by 14.8% in the 4th quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company’s stock valued at $954,405,000 after purchasing an additional 928,548 shares in the last quarter. Finally, Schroder Investment Management Group lifted its position 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 acquiring an additional 859,171 shares during the period. Institutional investors and hedge funds own 74.30% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms have recently issued reports on EMR. BMO Capital Markets lifted their price target on Emerson Electric from $150.00 to $157.00 in a research note on Friday, May 8th. Barclays raised their price objective on Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Daiwa Securities Group decreased their target price on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a research report on Friday, May 15th. Royal Bank Of Canada upped their price target on Emerson Electric from $161.00 to $169.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 6th. Finally, Wells Fargo & Company increased 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. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $163.32.
Emerson Electric Stock Performance
Shares of EMR opened at $139.06 on Friday. Emerson Electric Co. has a 12-month low of $122.64 and a 12-month high of $165.15. The business’s fifty day moving average price is $140.97 and its 200 day moving average price is $141.59. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.87 and a quick ratio of 0.64. The stock has a market capitalization of $77.89 billion, a PE ratio of 32.12, a price-to-earnings-growth ratio of 2.22 and a beta of 1.25.
Emerson Electric (NYSE:EMR – Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.01. The firm 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%. Emerson Electric’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $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. Equities research analysts forecast that Emerson Electric Co. will post 6.49 EPS for the current year.
Emerson Electric Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders 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 yield of 1.6%. Emerson Electric’s dividend payout ratio is 51.27%.
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.
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