Hanson & Doremus Investment Management Has $2.39 Million Holdings in Emerson Electric Co. $EMR

Hanson & Doremus Investment Management increased its holdings in Emerson Electric Co. (NYSE:EMR) by 82.3% in the first quarter, Holdings Channel reports. The institutional investor owned 18,211 shares of the industrial products company’s stock after buying an additional 8,221 shares during the period. Hanson & Doremus Investment Management’s holdings in Emerson Electric were worth $2,386,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in EMR. Campbell Newman Asset Management Inc. grew its holdings in shares of Emerson Electric by 1.0% during the 1st quarter. Campbell Newman Asset Management Inc. now owns 252,382 shares of the industrial products company’s stock valued at $33,067,000 after purchasing an additional 2,607 shares during the last quarter. Roble Belko & Company Inc lifted its stake in Emerson Electric by 565.0% in the 1st quarter. Roble Belko & Company Inc now owns 1,177 shares of the industrial products company’s stock valued at $154,000 after purchasing an additional 1,000 shares during the last quarter. SG Americas Securities LLC boosted its position in Emerson Electric by 61.7% in the first quarter. SG Americas Securities LLC now owns 714,329 shares of the industrial products company’s stock valued at $93,591,000 after buying an additional 272,485 shares in the last quarter. Smith Salley Wealth Management grew its stake in shares of Emerson Electric by 169.5% during the first quarter. Smith Salley Wealth Management now owns 14,755 shares of the industrial products company’s stock worth $1,933,000 after buying an additional 9,280 shares during the last quarter. Finally, Forbes J M & Co. LLP increased its holdings in shares of Emerson Electric by 1.7% during the first quarter. Forbes J M & Co. LLP now owns 97,470 shares of the industrial products company’s stock worth $12,771,000 after buying an additional 1,659 shares in the last quarter. Institutional investors own 74.30% of the company’s stock.

Emerson Electric Price Performance

EMR stock opened at $150.29 on Tuesday. 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 $84.18 billion, a price-to-earnings ratio of 34.71, a PEG ratio of 2.40 and a beta of 1.25. The company’s fifty day simple moving average is $141.30 and its 200 day simple moving average is $141.29. Emerson Electric Co. has a 12-month low of $122.64 and a 12-month high of $165.15.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $4.59 billion. During the same period in the previous year, the business earned $1.48 EPS. The firm’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. On average, analysts expect 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. Investors of record on Friday, May 15th were paid a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Friday, May 15th. Emerson Electric’s dividend payout ratio is 51.27%.

Analyst Ratings Changes

A number of equities analysts have issued reports on EMR shares. Barclays upped their target price on Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Sanford C. Bernstein started coverage on Emerson Electric in a research note on Wednesday, June 10th. They set an “outperform” rating and a $175.00 price target on the stock. Jefferies Financial Group began coverage on Emerson Electric in a research note on Tuesday, March 31st. They issued a “buy” rating and a $175.00 price objective for the company. BMO Capital Markets raised their price objective on shares of Emerson Electric from $150.00 to $157.00 in a report on Friday, May 8th. Finally, Wolfe Research cut their target price on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 8th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $162.96.

About Emerson Electric

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.