HITE Hedge Asset Management LLC Buys New Stake in Emerson Electric Co. $EMR

HITE Hedge Asset Management LLC bought a new stake in Emerson Electric Co. (NYSE:EMR) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 51,325 shares of the industrial products company’s stock, valued at approximately $6,812,000.

Several other large investors have also recently added to or reduced their stakes in EMR. Brighton Jones LLC increased its position in Emerson Electric by 74.1% in the 4th quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company’s stock valued at $1,412,000 after acquiring an additional 4,850 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in Emerson Electric in the 1st quarter valued at approximately $232,000. Caxton Associates LLP acquired a new stake in Emerson Electric in the 1st quarter valued at approximately $275,000. Sivia Capital Partners LLC acquired a new position in shares of Emerson Electric during the 2nd quarter valued at $203,000. Finally, Jump Financial LLC increased its position in shares of Emerson Electric by 121.5% during 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 period. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Emerson Electric Stock Up 0.7%

Shares of EMR stock opened at $143.06 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.64 and a current ratio of 0.87. The stock has a market cap of $80.13 billion, a PE ratio of 33.04, a price-to-earnings-growth ratio of 2.27 and a beta of 1.25. The business’s fifty day moving average is $139.73 and its 200-day moving average is $140.47. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $165.15.

Emerson Electric (NYSE:EMR) last issued its earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.01. The business had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $4.59 billion. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The company’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period in the previous year, the firm posted $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. Equities analysts expect that Emerson Electric Co. will post 6.49 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were issued a $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Friday, May 15th. Emerson Electric’s payout ratio is presently 51.27%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on EMR shares. Jefferies Financial Group started coverage on Emerson Electric in a research report on Tuesday, March 31st. They set a “buy” rating and a $175.00 price target on the stock. Weiss Ratings reiterated a “hold (c+)” rating on shares of Emerson Electric in a research report on Monday, May 4th. BMO Capital Markets lifted their price target on Emerson Electric from $150.00 to $157.00 in a research report on Friday, May 8th. Wolfe Research lowered their price target on Emerson Electric from $176.00 to $169.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 8th. Finally, Wells Fargo & Company lifted their price target on Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $163.77.

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.