28,600 Shares in Emerson Electric Co. $EMR Bought by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System acquired a new position in shares of Emerson Electric Co. (NYSE:EMRFree Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 28,600 shares of the industrial products company’s stock, valued at approximately $3,747,000.

Several other hedge funds have also recently bought and sold shares of EMR. Murphy Middleton Hinkle & Parker Inc. increased its stake in Emerson Electric by 229.1% in the fourth quarter. Murphy Middleton Hinkle & Parker Inc. now owns 46,467 shares of the industrial products company’s stock valued at $6,167,000 after acquiring an additional 32,346 shares during the last quarter. Elo Mutual Pension Insurance Co boosted its holdings in shares of Emerson Electric by 26.6% in the 3rd quarter. Elo Mutual Pension Insurance Co now owns 67,546 shares of the industrial products company’s stock valued at $8,861,000 after purchasing an additional 14,210 shares in the last quarter. Forbes J M & Co. LLP increased its stake in shares of Emerson Electric by 692.5% in the 4th quarter. Forbes J M & Co. LLP now owns 95,811 shares of the industrial products company’s stock valued at $12,716,000 after purchasing an additional 83,721 shares during the last quarter. Assenagon Asset Management S.A. increased its stake in shares of Emerson Electric by 863.9% in the 4th quarter. Assenagon Asset Management S.A. now owns 548,823 shares of the industrial products company’s stock valued at $72,840,000 after purchasing an additional 491,883 shares during the last quarter. Finally, Fisher Asset Management LLC raised its holdings in shares of Emerson Electric by 14.8% during the 4th quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company’s stock worth $954,405,000 after buying an additional 928,548 shares in the last quarter. 74.30% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on EMR. BMO Capital Markets raised their price objective on Emerson Electric from $150.00 to $157.00 in a research note on Friday, May 8th. Daiwa Securities Group dropped their target price on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a report on Friday, May 15th. Sanford C. Bernstein assumed coverage on shares of Emerson Electric in a research note on Wednesday, June 10th. They issued an “outperform” rating and a $175.00 price target on the stock. Royal Bank Of Canada upped their price objective on shares of Emerson Electric from $161.00 to $169.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 6th. Finally, Wolfe Research dropped their price objective on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating for the company in a research note on Wednesday, April 8th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $162.96.

Check Out Our Latest Analysis on Emerson Electric

Emerson Electric Price Performance

Emerson Electric stock opened at $143.84 on Friday. The stock has a 50-day moving average price of $141.31 and a two-hundred day moving average price of $141.45. Emerson Electric Co. has a 12 month low of $122.64 and a 12 month high of $165.15. The company has a market capitalization of $80.57 billion, a PE ratio of 33.22, a P/E/G ratio of 2.29 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.

Emerson Electric (NYSE:EMRGet Free Report) last released its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $4.59 billion. During the same quarter in the prior year, the firm posted $1.48 earnings per share. 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. Analysts expect that Emerson Electric Co. will post 6.49 EPS for the current year.

Emerson Electric Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were paid a dividend of $0.555 per share. The ex-dividend date of this dividend 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 presently 51.27%.

Emerson Electric Company Profile

(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.

Further Reading

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

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