Janney Montgomery Scott LLC boosted its holdings in Emerson Electric Co. (NYSE:EMR – Free Report) by 10.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 727,974 shares of the industrial products company’s stock after acquiring an additional 69,588 shares during the period. Janney Montgomery Scott LLC owned 0.13% of Emerson Electric worth $95,379,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EMR. Basso Capital Management L.P. bought a new position in shares of Emerson Electric in the fourth quarter valued at about $25,000. IFC & Insurance Marketing Inc. bought a new stake in shares of Emerson Electric during the 4th quarter worth about $27,000. Motiv8 Investments LLC bought a new position in Emerson Electric in the 4th quarter valued at about $27,000. Ares Financial Consulting LLC acquired a new stake in Emerson Electric during the fourth quarter worth approximately $29,000. Finally, Darwin Wealth Management LLC acquired a new stake in Emerson Electric during the second quarter worth approximately $29,000. 74.30% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of brokerages have recently weighed in on EMR. Barclays increased their target price on Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. 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. Jefferies Financial Group assumed coverage on shares of Emerson Electric in a research report on Tuesday, March 31st. They issued a “buy” rating and a $175.00 target price for the company. Wells Fargo & Company raised their price target on shares of Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Emerson Electric in a research note on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $162.96.
Emerson Electric Price Performance
Shares of NYSE EMR opened at $143.84 on Friday. The business has a fifty day moving average price of $141.31 and a two-hundred day moving average price of $141.45. The stock 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 debt-to-equity ratio of 0.37, a current ratio of 0.87 and a quick ratio of 0.64. Emerson Electric Co. has a fifty-two week low of $122.64 and a fifty-two week high of $165.15.
Emerson Electric (NYSE:EMR – Get Free Report) last released its earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $4.59 billion. During the same period in the prior year, the firm posted $1.48 EPS. Emerson Electric’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. As a group, equities analysts predict that Emerson Electric Co. will post 6.49 earnings per share for the current fiscal year.
Emerson Electric Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were given a $0.555 dividend. 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 payout ratio is presently 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.
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