Emerson Electric Co. $EMR Shares Acquired by Summitry LLC

Summitry LLC boosted its stake in Emerson Electric Co. (NYSE:EMRFree Report) by 289.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 235,624 shares of the industrial products company’s stock after buying an additional 175,130 shares during the period. Summitry LLC’s holdings in Emerson Electric were worth $30,871,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of EMR. Groupe la Francaise boosted its holdings in shares of Emerson Electric by 148.3% during the first quarter. Groupe la Francaise now owns 277,003 shares of the industrial products company’s stock valued at $36,295,000 after acquiring an additional 165,428 shares during the period. Western Wealth Management LLC increased its holdings in shares of Emerson Electric by 2.5% in the 1st quarter. Western Wealth Management LLC now owns 7,673 shares of the industrial products company’s stock worth $1,005,000 after acquiring an additional 188 shares during the period. Paragon Private Wealth Management LLC lifted its position in Emerson Electric by 3.6% in the 1st quarter. Paragon Private Wealth Management LLC now owns 2,652 shares of the industrial products company’s stock valued at $347,000 after purchasing an additional 92 shares during the last quarter. Royal Fund Management LLC boosted its stake in Emerson Electric by 12.5% during the 1st quarter. Royal Fund Management LLC now owns 42,191 shares of the industrial products company’s stock valued at $5,533,000 after purchasing an additional 4,690 shares during the period. Finally, Bank of America Corp DE grew its position in Emerson Electric by 13.1% in the 1st quarter. Bank of America Corp DE now owns 19,941,844 shares of the industrial products company’s stock worth $2,612,780,000 after purchasing an additional 2,302,055 shares during the last quarter. Institutional investors and hedge funds own 74.30% of the company’s stock.

Wall Street Analyst Weigh In

EMR has been the topic of several analyst reports. Wolfe Research dropped their price target on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 8th. DA Davidson assumed coverage on Emerson Electric in a report on Tuesday, June 16th. They issued a “neutral” rating and a $145.00 price objective for the company. Sanford C. Bernstein lowered their target price on Emerson Electric from $175.00 to $169.00 and set an “outperform” rating on the stock in a research report on Monday, July 20th. Daiwa Securities Group cut their target price 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. Finally, KeyCorp reduced their price target on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a research report on Monday, July 13th. Thirteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $162.36.

View Our Latest Stock Report on Emerson Electric

Emerson Electric Stock Performance

EMR opened at $150.10 on Friday. The business has a 50 day moving average price of $142.38 and a two-hundred day moving average price of $142.25. 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 company has a market capitalization of $84.07 billion, a price-to-earnings ratio of 34.67, a price-to-earnings-growth ratio of 2.24 and a beta of 1.25. Emerson Electric Co. has a 1-year low of $122.64 and a 1-year high of $165.15.

Emerson Electric (NYSE:EMRGet Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.01. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The company had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $4.59 billion. During the same period last year, the firm earned $1.48 EPS. The firm’s revenue for the quarter was up 2.9% on a year-over-year basis. 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. Research analysts predict that Emerson Electric Co. will post 6.49 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The firm 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 1.5%. Emerson Electric’s dividend payout ratio (DPR) is 51.27%.

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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