Cumberland Partners Ltd lowered its stake in Emerson Electric Co. (NYSE:EMR – Free Report) by 42.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 9,400 shares of the industrial products company’s stock after selling 6,800 shares during the period. Cumberland Partners Ltd’s holdings in Emerson Electric were worth $1,248,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently bought and sold shares of EMR. Ameriprise Financial Inc. boosted its holdings in Emerson Electric by 185.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,192,982 shares of the industrial products company’s stock valued at $418,730,000 after purchasing an additional 2,075,425 shares during the period. Bank of New York Mellon Corp boosted its holdings in Emerson Electric by 29.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 5,260,097 shares of the industrial products company’s stock valued at $690,020,000 after purchasing an additional 1,187,974 shares during the period. Fisher Asset Management LLC boosted its holdings in Emerson Electric by 20.6% in the 3rd quarter. Fisher Asset Management LLC now owns 6,262,570 shares of the industrial products company’s stock valued at $821,524,000 after purchasing an additional 1,069,122 shares during the period. Schroder Investment Management Group boosted its holdings in Emerson Electric by 13.5% in the 3rd quarter. Schroder Investment Management Group now owns 7,205,569 shares of the industrial products company’s stock valued at $945,227,000 after purchasing an additional 859,171 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich boosted its holdings in Emerson Electric by 97.6% in the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,707,873 shares of the industrial products company’s stock valued at $227,783,000 after purchasing an additional 843,526 shares during the period. Institutional investors own 74.30% of the company’s stock.
Wall Street Analyst Weigh In
A number of analysts have issued reports on the stock. Jefferies Financial Group assumed coverage on shares of Emerson Electric in a report on Tuesday, March 31st. They issued a “buy” rating and a $175.00 price objective for the company. Evercore upped their price target on shares of Emerson Electric from $170.00 to $185.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. Daiwa Securities Group cut their price target 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. Barclays upped their price target on shares of Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Finally, Loop Capital upped their price target on shares of Emerson Electric from $155.00 to $180.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Twelve analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Emerson Electric presently has an average rating of “Hold” and a consensus target price of $163.24.
Insider Activity
In other news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the firm’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $142.32, for a total transaction of $811,224.00. Following the completion of the transaction, the chief executive officer owned 281,393 shares of the company’s stock, valued at approximately $40,047,851.76. This trade represents a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.23% of the company’s stock.
Emerson Electric Price Performance
Shares of NYSE:EMR opened at $136.51 on Friday. The company has a market cap of $76.46 billion, a price-to-earnings ratio of 31.53, a PEG ratio of 2.18 and a beta of 1.26. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.87 and a quick ratio of 0.64. The firm has a 50 day simple moving average of $136.41 and a 200 day simple moving average of $139.36. Emerson Electric Co. has a one year low of $114.91 and a one year high of $165.15.
Emerson Electric (NYSE:EMR – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 EPS for the quarter, beating the consensus estimate of $1.53 by $0.01. The business had revenue of $4.56 billion during the quarter, compared to the consensus estimate of $4.59 billion. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The firm’s revenue was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.48 EPS. 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 fiscal year.
Emerson Electric Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 15th will be paid a $0.555 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $2.22 annualized dividend and a yield of 1.6%. Emerson Electric’s dividend payout ratio is presently 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.
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