Modera Wealth Management LLC Cuts Stock Position in Emerson Electric Co. $EMR

Modera Wealth Management LLC trimmed its stake in shares of Emerson Electric Co. (NYSE:EMRFree Report) by 2.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 196,327 shares of the industrial products company’s stock after selling 4,479 shares during the period. Modera Wealth Management LLC’s holdings in Emerson Electric were worth $25,723,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Advisortrust Partners LLC increased its stake in Emerson Electric by 11.8% during the 1st quarter. Advisortrust Partners LLC now owns 28,731 shares of the industrial products company’s stock worth $3,764,000 after buying an additional 3,021 shares in the last quarter. Assetmark Inc. lifted its position in shares of Emerson Electric by 3.2% in the first quarter. Assetmark Inc. now owns 16,484 shares of the industrial products company’s stock valued at $2,160,000 after acquiring an additional 507 shares in the last quarter. Main Street Group LTD acquired a new stake in shares of Emerson Electric in the first quarter worth approximately $51,000. Angeles Wealth Management LLC increased its position in shares of Emerson Electric by 15.8% during the first quarter. Angeles Wealth Management LLC now owns 3,436 shares of the industrial products company’s stock worth $450,000 after purchasing an additional 469 shares in the last quarter. Finally, Bessemer Group Inc. lifted its holdings in Emerson Electric by 7.8% in the 1st quarter. Bessemer Group Inc. now owns 28,257 shares of the industrial products company’s stock valued at $3,701,000 after purchasing an additional 2,051 shares in the last quarter. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. BMO Capital Markets lifted their target price on shares of Emerson Electric from $150.00 to $157.00 in a research note on Friday, May 8th. DA Davidson started coverage on shares of Emerson Electric in a research note on Tuesday, June 16th. They issued a “neutral” rating and a $145.00 price target on the stock. Sanford C. Bernstein started coverage on shares of Emerson Electric in a research report on Wednesday, June 10th. They set an “outperform” rating and a $175.00 price target on the stock. Barclays upped their price objective on shares of Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Finally, Royal Bank Of Canada raised their target price 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. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Emerson Electric has a consensus rating of “Moderate Buy” and a consensus target price of $162.64.

Get Our Latest Stock Report on EMR

Emerson Electric Stock Up 0.2%

NYSE EMR opened at $139.39 on Friday. The business’s fifty day simple moving average is $140.35 and its 200-day simple moving average is $141.81. 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 $78.07 billion, a PE ratio of 32.19, a P/E/G ratio of 2.22 and a beta of 1.25. Emerson Electric Co. has a 52 week low of $122.64 and a 52 week high of $165.15.

Emerson Electric (NYSE:EMRGet Free Report) last released its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.01. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The firm had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.59 billion. During the same period last year, the business earned $1.48 earnings per share. Emerson Electric’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. As a group, equities analysts anticipate that Emerson Electric Co. will post 6.49 earnings per share for the current year.

Emerson Electric Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were issued 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 dividend yield of 1.6%. Emerson Electric’s dividend payout ratio (DPR) is currently 51.27%.

Emerson Electric Company 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.

See Also

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

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