Glenview Trust Co Sells 3,823 Shares of Emerson Electric Co. $EMR

Glenview Trust Co reduced its holdings in shares of Emerson Electric Co. (NYSE:EMR) by 6.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,273 shares of the industrial products company’s stock after selling 3,823 shares during the quarter. Glenview Trust Co’s holdings in Emerson Electric were worth $7,635,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Basso Capital Management L.P. bought a new position in shares of Emerson Electric in the fourth quarter worth $25,000. IFC & Insurance Marketing Inc. purchased a new position in shares of Emerson Electric in the fourth quarter valued at $27,000. Motiv8 Investments LLC bought a new stake in shares of Emerson Electric during the 4th quarter valued at $27,000. Darwin Wealth Management LLC purchased a new stake in Emerson Electric during the 2nd quarter worth about $29,000. Finally, Ares Financial Consulting LLC bought a new position in Emerson Electric in the 4th quarter worth about $29,000. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. DA Davidson started coverage on Emerson Electric in a report on Tuesday, June 16th. They set a “neutral” rating and a $145.00 target price for the company. KeyCorp cut their price objective on shares of Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a research report on Monday, July 13th. BMO Capital Markets upped their target price on shares of Emerson Electric from $150.00 to $157.00 in a report on Friday, May 8th. Jefferies Financial Group assumed coverage on shares of Emerson Electric in a report on Tuesday, March 31st. They issued a “buy” rating and a $175.00 price target for the company. Finally, Wolfe Research reduced their price target on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating for the company in a research report on Wednesday, April 8th. Thirteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $162.36.

Emerson Electric Stock Performance

Shares of EMR opened at $136.61 on Tuesday. The company has a market cap of $76.51 billion, a PE ratio of 31.55, a price-to-earnings-growth ratio of 2.23 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. The stock has a 50-day moving average price of $140.29 and a 200-day moving average price of $141.87. Emerson Electric Co. has a 12-month low of $122.64 and a 12-month high of $165.15.

Emerson Electric (NYSE:EMR) last posted 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 company had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $4.59 billion. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. Emerson Electric’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period 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. As a group, equities analysts forecast that Emerson Electric Co. will post 6.49 earnings per share for the current fiscal year.

Emerson Electric Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders 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 annualized dividend and a dividend yield of 1.6%. Emerson Electric’s dividend payout ratio (DPR) is 51.27%.

Emerson Electric 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.