State Street Corp grew its position in Emerson Electric Co. (NYSE:EMR – Free Report) by 2.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 27,483,440 shares of the industrial products company’s stock after purchasing an additional 541,887 shares during the period. State Street Corp owned about 4.89% of Emerson Electric worth $3,647,602,000 at the end of the most recent reporting period.
Several other hedge funds also recently bought and sold shares of the company. Ieq Capital LLC raised its holdings in Emerson Electric by 83.5% in the fourth quarter. Ieq Capital LLC now owns 6,619 shares of the industrial products company’s stock worth $878,000 after purchasing an additional 3,012 shares during the period. Vontobel Holding Ltd. raised its holdings in shares of Emerson Electric by 7.6% during the fourth quarter. Vontobel Holding Ltd. now owns 171,447 shares of the industrial products company’s stock worth $22,754,000 after acquiring an additional 12,059 shares during the period. First National Bank of Omaha raised its holdings in shares of Emerson Electric by 1,306.7% during the fourth quarter. First National Bank of Omaha now owns 74,866 shares of the industrial products company’s stock worth $10,115,000 after acquiring an additional 69,544 shares during the period. Alchemi Wealth LLC acquired a new stake in shares of Emerson Electric during the fourth quarter worth $1,290,000. Finally, Storgate LLC acquired a new stake in shares of Emerson Electric during the fourth quarter worth $483,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on EMR shares. Jefferies Financial Group started 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 target price on shares of Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a research report on Thursday, May 7th. BMO Capital Markets raised their target price on shares of Emerson Electric from $150.00 to $157.00 in a research report on Friday, May 8th. Wolfe Research decreased their target price on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating for the company in a research report on Wednesday, April 8th. Finally, Daiwa Securities Group decreased their target price on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a research report on Friday, May 15th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $163.77.
Emerson Electric Stock Performance
Shares of EMR opened at $143.06 on Friday. The firm has a 50-day moving average of $139.73 and a 200-day moving average of $140.47. Emerson Electric Co. has a one year low of $122.64 and a one year high of $165.15. The company 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 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 (NYSE:EMR – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.01. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The company had revenue of $4.56 billion during the quarter, compared to the consensus estimate of $4.59 billion. During the same quarter last year, the firm posted $1.48 EPS. The company’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 forecast that Emerson Electric Co. will post 6.49 earnings per share for the current year.
Emerson Electric Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were given 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 of this dividend was Friday, May 15th. Emerson Electric’s dividend payout ratio (DPR) 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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