Resources Management Corp CT ADV cut its stake in shares of Emerson Electric Co. (NYSE:EMR – Free Report) by 44.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,423 shares of the industrial products company’s stock after selling 19,695 shares during the period. Resources Management Corp CT ADV’s holdings in Emerson Electric were worth $3,241,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. IFC & Insurance Marketing Inc. bought a new stake in shares of Emerson Electric during the fourth quarter valued at about $27,000. Motiv8 Investments LLC bought a new stake in shares of Emerson Electric during the fourth quarter valued at about $27,000. Darwin Wealth Management LLC purchased a new position in Emerson Electric during the second quarter worth about $29,000. Ares Financial Consulting LLC purchased a new position in Emerson Electric during the fourth quarter worth about $29,000. Finally, Quattro Advisors LLC purchased a new position in Emerson Electric during the fourth quarter worth about $30,000. 74.30% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several research firms recently commented on EMR. Jefferies Financial Group began coverage on Emerson Electric in a research report on Tuesday, March 31st. They set a “buy” rating and a $175.00 target price for the company. Royal Bank Of Canada boosted their target price on Emerson Electric from $161.00 to $169.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 6th. BMO Capital Markets boosted their target price on Emerson Electric from $150.00 to $157.00 in a research report on Friday, May 8th. Wells Fargo & Company boosted their target price on 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, Daiwa Securities Group reduced their target price on 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. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $163.77.
Emerson Electric Trading Down 0.0%
NYSE EMR opened at $143.06 on Monday. Emerson Electric Co. has a 1-year low of $122.64 and a 1-year high of $165.15. The company has a current ratio of 0.87, a quick ratio of 0.64 and a debt-to-equity ratio of 0.37. The stock has a 50-day moving average of $139.73 and a 200-day moving average of $140.55. The firm has a market cap of $80.13 billion, a PE ratio of 33.04, a price-to-earnings-growth ratio of 2.28 and a beta of 1.25.
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 for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $4.59 billion. During the same quarter in the previous year, the company posted $1.48 EPS. Emerson Electric’s revenue for the quarter 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, sell-side analysts forecast that Emerson Electric Co. will post 6.49 EPS for the current year.
Emerson Electric Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were paid 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 payout ratio is 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.
See Also
- Five stocks we like better than Emerson Electric
- 3 ETFs Giving Ready-Made Access to the Discounted International Small-Cap Space
- What to Expect From Q2 Earnings as Tech Strength Broadens
- Viasat’s Orbiting Profits: Space Force Jackpot?
- Robinhood Wants a Bigger Role in IPOs—Here’s Why It Matters
Want to see what other hedge funds are holding EMR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Emerson Electric Co. (NYSE:EMR – Free Report).
Receive News & Ratings for Emerson Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerson Electric and related companies with MarketBeat.com's FREE daily email newsletter.
