Deprince Race & Zollo Inc. cut its stake in Emerson Electric Co. (NYSE:EMR – Free Report) by 9.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 316,238 shares of the industrial products company’s stock after selling 34,876 shares during the period. Deprince Race & Zollo Inc.’s holdings in Emerson Electric were worth $41,434,000 as of its most recent SEC filing.
Several other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC lifted its stake in Emerson Electric by 74.1% in the fourth quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company’s stock valued at $1,412,000 after buying an additional 4,850 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of Emerson Electric during the first quarter worth approximately $232,000. Caxton Associates LLP acquired a new position in shares of Emerson Electric in the 1st quarter valued at $275,000. Sivia Capital Partners LLC purchased a new stake in Emerson Electric in the 2nd quarter valued at $203,000. Finally, Jump Financial LLC raised its position in Emerson Electric by 121.5% in the 2nd quarter. Jump Financial LLC now owns 10,543 shares of the industrial products company’s stock valued at $1,406,000 after purchasing an additional 5,783 shares during the last quarter. Hedge funds and other institutional investors own 74.30% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have issued reports on the stock. Wells Fargo & Company raised their price objective 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. DA Davidson assumed coverage on shares of Emerson Electric in a research note on Tuesday, June 16th. They set a “neutral” rating and a $145.00 target price for the company. Jefferies Financial Group assumed coverage on Emerson Electric in a research report on Tuesday, March 31st. They issued a “buy” rating and a $175.00 price target on the stock. Barclays upped their price objective on Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Finally, Wolfe Research lowered their target price on Emerson Electric from $176.00 to $169.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 8th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Emerson Electric presently has a consensus rating of “Moderate Buy” and a consensus price target of $163.32.
Emerson Electric Price Performance
Shares of NYSE:EMR opened at $139.57 on Thursday. The company has a quick ratio of 0.64, a current ratio of 0.87 and a debt-to-equity ratio of 0.37. Emerson Electric Co. has a 52 week low of $122.64 and a 52 week high of $165.15. The company has a market cap of $78.17 billion, a P/E ratio of 32.23, a PEG ratio of 2.29 and a beta of 1.25. The company has a 50-day moving average price of $141.16 and a 200 day moving average price of $141.59.
Emerson Electric (NYSE:EMR – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share for the quarter, topping analysts’ consensus estimates of $1.53 by $0.01. The firm had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.59 billion. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.Emerson Electric’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.48 earnings per share. 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 earnings per share for the current year.
Emerson Electric Dividend Announcement
The company 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 1.6%. Emerson Electric’s payout ratio is 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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