Sit Investment Associates Inc. Increases Holdings in Emerson Electric Co. $EMR

Sit Investment Associates Inc. increased its position in Emerson Electric Co. (NYSE:EMRFree Report) by 17.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 92,844 shares of the industrial products company’s stock after buying an additional 13,755 shares during the quarter. Sit Investment Associates Inc.’s holdings in Emerson Electric were worth $12,322,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Basso Capital Management L.P. purchased a new stake in shares of Emerson Electric in the 4th quarter valued at $25,000. IFC & Insurance Marketing Inc. purchased a new position in Emerson Electric in the 4th quarter worth $27,000. Motiv8 Investments LLC bought a new stake in Emerson Electric in the fourth quarter worth $27,000. Ares Financial Consulting LLC purchased a new stake in Emerson Electric during the fourth quarter valued at about $29,000. Finally, Darwin Wealth Management LLC bought a new position in shares of Emerson Electric during the second quarter valued at about $29,000. 74.30% of the stock is currently owned by institutional investors.

Emerson Electric Stock Up 1.3%

NYSE EMR opened at $150.99 on Friday. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $165.15. The stock has a market capitalization of $84.57 billion, a PE ratio of 34.87, a PEG ratio of 2.38 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. The business’s 50-day moving average is $141.02 and its 200 day moving average is $141.03.

Emerson Electric (NYSE:EMRGet Free Report) last released its quarterly earnings results 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 return on equity of 17.18% and a net margin of 13.35%.The business had revenue of $4.56 billion during the quarter, compared to analyst estimates of $4.59 billion. During the same quarter in the prior year, the company posted $1.48 EPS. Emerson Electric’s quarterly revenue was up 2.9% compared to the same quarter last year. 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. Sell-side analysts forecast that Emerson Electric Co. will post 6.49 earnings per share for the current year.

Emerson Electric Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were issued a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Friday, May 15th. Emerson Electric’s dividend payout ratio is currently 51.27%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Sanford C. Bernstein started coverage on Emerson Electric in a research note on Wednesday, June 10th. They issued an “outperform” rating and a $175.00 target price for the company. BMO Capital Markets raised their price target on Emerson Electric from $150.00 to $157.00 in a research report on Friday, May 8th. Jefferies Financial Group assumed coverage on Emerson Electric in a research note on Tuesday, March 31st. They issued a “buy” rating and a $175.00 price target on the stock. Royal Bank Of Canada boosted their price objective on Emerson Electric from $161.00 to $169.00 and gave the company an “outperform” rating in a research report on Wednesday, May 6th. Finally, Wells Fargo & Company raised their target price on shares of Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $162.96.

Read Our Latest Analysis on EMR

About Emerson Electric

(Free Report)

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

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Institutional Ownership by Quarter for Emerson Electric (NYSE:EMR)

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