Novare Capital Management LLC Trims Stock Position in Emerson Electric Co. $EMR

Novare Capital Management LLC trimmed its holdings in Emerson Electric Co. (NYSE:EMR) by 2.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 187,538 shares of the industrial products company’s stock after selling 4,359 shares during the period. Emerson Electric accounts for approximately 1.9% of Novare Capital Management LLC’s holdings, making the stock its 13th largest holding. Novare Capital Management LLC’s holdings in Emerson Electric were worth $24,571,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of EMR. LMG Wealth Partners LLC increased its position in Emerson Electric by 1.6% during the first quarter. LMG Wealth Partners LLC now owns 51,323 shares of the industrial products company’s stock worth $6,724,000 after purchasing an additional 802 shares during the last quarter. Atlas Brown Inc. boosted its holdings in shares of Emerson Electric by 3.5% in the 1st quarter. Atlas Brown Inc. now owns 3,341 shares of the industrial products company’s stock valued at $438,000 after purchasing an additional 114 shares during the last quarter. Hanson & Doremus Investment Management grew its stake in shares of Emerson Electric by 82.3% during the 1st quarter. Hanson & Doremus Investment Management now owns 18,211 shares of the industrial products company’s stock valued at $2,386,000 after buying an additional 8,221 shares during the period. Campbell Newman Asset Management Inc. increased 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 worth $33,067,000 after buying an additional 2,607 shares during the last quarter. Finally, Roble Belko & Company Inc raised its position in shares of 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 worth $154,000 after buying an additional 1,000 shares during the period. Institutional investors and hedge funds own 74.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on EMR shares. BMO Capital Markets lifted their target price on Emerson Electric from $150.00 to $157.00 in a report on Friday, May 8th. Wells Fargo & Company raised their price objective on Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. Royal Bank Of Canada lifted their price objective on Emerson Electric from $161.00 to $169.00 and gave the company an “outperform” rating in a research note on Wednesday, May 6th. Jefferies Financial Group assumed coverage on Emerson Electric in a report on Tuesday, March 31st. They set a “buy” rating and a $175.00 target price for the company. Finally, Daiwa Securities Group cut their price target on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a report on Friday, May 15th. One equities 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 given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $162.96.

Emerson Electric Stock Down 0.2%

Shares of NYSE EMR opened at $150.29 on Tuesday. The stock has a fifty day moving average price of $141.30 and a 200 day moving average price of $141.29. The company has a current ratio of 0.87, a quick ratio of 0.64 and a debt-to-equity ratio of 0.37. Emerson Electric Co. has a 12-month low of $122.64 and a 12-month high of $165.15. The company has a market cap of $84.18 billion, a P/E ratio of 34.71, a P/E/G ratio of 2.40 and a beta of 1.25.

Emerson Electric (NYSE:EMR) last issued 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. 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 quarter in the previous year, the firm posted $1.48 earnings per share. The firm’s quarterly revenue 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 anticipate that Emerson Electric Co. will post 6.49 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th were issued a $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Friday, May 15th. Emerson Electric’s dividend payout ratio is currently 51.27%.

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.