LPL Financial LLC Sells 9,289 Shares of Emerson Electric Co. $EMR

LPL Financial LLC decreased its position in shares of Emerson Electric Co. (NYSE:EMRFree Report) by 0.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,183,268 shares of the industrial products company’s stock after selling 9,289 shares during the period. LPL Financial LLC owned approximately 0.21% of Emerson Electric worth $157,043,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of EMR. Murphy Middleton Hinkle & Parker Inc. raised its stake in 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 acquiring an additional 32,346 shares in the last quarter. Vanguard Group Inc. raised its stake in Emerson Electric by 0.4% during the third quarter. Vanguard Group Inc. now owns 54,330,938 shares of the industrial products company’s stock worth $7,127,132,000 after acquiring an additional 201,040 shares in the last quarter. Wedbush Securities Inc. raised its stake in Emerson Electric by 88.4% during the third quarter. Wedbush Securities Inc. now owns 19,197 shares of the industrial products company’s stock worth $2,518,000 after acquiring an additional 9,009 shares in the last quarter. Caprock Group LLC acquired a new position in Emerson Electric during the third quarter worth about $3,359,000. Finally, Prospera Financial Services Inc raised its stake in Emerson Electric by 25.8% during the third quarter. Prospera Financial Services Inc now owns 73,554 shares of the industrial products company’s stock worth $9,651,000 after acquiring an additional 15,078 shares in the last quarter. Institutional investors own 74.30% of the company’s stock.

Emerson Electric Stock Performance

Shares of EMR stock opened at $137.16 on Thursday. The business’s 50-day moving average price is $139.29 and its 200-day moving average price is $140.35. The company has a current ratio of 0.87, a quick ratio of 0.64 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $76.82 billion, a price-to-earnings ratio of 31.68, a PEG ratio of 2.27 and a beta of 1.25. Emerson Electric Co. has a 12 month low of $122.64 and a 12 month high of $165.15.

Emerson Electric (NYSE:EMRGet Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 EPS for the quarter, topping 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 return on equity of 17.18% and a net margin of 13.35%.The firm’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period in the previous year, the firm 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 business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were paid a $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Friday, May 15th. Emerson Electric’s payout ratio is currently 51.27%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on EMR. Wolfe Research lowered their target price on Emerson Electric from $176.00 to $169.00 and set an “outperform” rating for the company in a research note on Wednesday, April 8th. Wells Fargo & Company lifted their price target 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. Daiwa Securities Group cut their price target on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a research note on Friday, May 15th. Jefferies Financial Group assumed coverage on Emerson Electric in a research note on Tuesday, March 31st. They set a “buy” rating and a $175.00 price target on the stock. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Emerson Electric in a research note on Monday, May 4th. Thirteen research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $163.77.

Read Our Latest Stock Analysis on EMR

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.

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

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