Sterling Capital Management LLC Purchases 10,639 Shares of Emerson Electric Co. $EMR

Sterling Capital Management LLC increased its holdings in Emerson Electric Co. (NYSE:EMR) by 322.9% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,934 shares of the industrial products company’s stock after buying an additional 10,639 shares during the period. Sterling Capital Management LLC’s holdings in Emerson Electric were worth $1,826,000 as of its most recent SEC filing.

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

Emerson Electric Price Performance

Shares of Emerson Electric stock opened at $142.96 on Tuesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.64 and a current ratio of 0.87. Emerson Electric Co. has a 52-week low of $122.64 and a 52-week high of $165.15. The company has a fifty day moving average of $141.37 and a 200-day moving average of $141.55. The stock has a market capitalization of $80.07 billion, a price-to-earnings ratio of 33.02, a price-to-earnings-growth ratio of 2.29 and a beta of 1.25.

Emerson Electric (NYSE:EMR) last issued its earnings results on Tuesday, May 5th. The industrial products company reported $1.54 EPS for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $4.59 billion. During the same quarter last year, the company earned $1.48 EPS. The firm’s 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. Equities research analysts expect 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%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Jefferies Financial Group initiated coverage on shares of Emerson Electric in a report on Tuesday, March 31st. They issued a “buy” rating and a $175.00 price target on the stock. Daiwa Securities Group cut 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. BMO Capital Markets increased their target price on Emerson Electric from $150.00 to $157.00 in a research note on Friday, May 8th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Emerson Electric in a research note on Monday, May 4th. Finally, DA Davidson assumed coverage on Emerson Electric in a report on Tuesday, June 16th. They issued a “neutral” rating and a $145.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $162.96.

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.