Emerson Electric Co. $EMR Shares Sold by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky lessened its holdings in Emerson Electric Co. (NYSE:EMR) by 32.1% in the 1st quarter, Holdings Channel.com reports. The fund owned 114,659 shares of the industrial products company’s stock after selling 54,293 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Emerson Electric were worth $15,023,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Murphy Middleton Hinkle & Parker Inc. increased its holdings in shares of Emerson Electric by 229.1% in the fourth quarter. Murphy Middleton Hinkle & Parker Inc. now owns 46,467 shares of the industrial products company’s stock valued at $6,167,000 after purchasing an additional 32,346 shares during the period. Forbes J M & Co. LLP lifted its holdings in shares of Emerson Electric by 692.5% during the fourth quarter. Forbes J M & Co. LLP now owns 95,811 shares of the industrial products company’s stock worth $12,716,000 after purchasing an additional 83,721 shares during the period. Fisher Asset Management LLC increased its holdings in Emerson Electric by 14.8% in the 4th quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company’s stock worth $954,405,000 after buying an additional 928,548 shares during the period. Assenagon Asset Management S.A. raised its position in Emerson Electric by 863.9% during the 4th quarter. Assenagon Asset Management S.A. now owns 548,823 shares of the industrial products company’s stock worth $72,840,000 after buying an additional 491,883 shares during the last quarter. Finally, Truist Financial Corp boosted its holdings in shares of Emerson Electric by 4.6% in the 4th quarter. Truist Financial Corp now owns 1,185,160 shares of the industrial products company’s stock valued at $157,294,000 after acquiring an additional 52,440 shares during the last quarter. 74.30% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on EMR. Wolfe Research reduced their target price on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating for the company in a report on Wednesday, April 8th. Wells Fargo & Company increased their price target 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. Jefferies Financial Group initiated coverage on Emerson Electric in a research note on Tuesday, March 31st. They set a “buy” rating and a $175.00 price objective for the company. Daiwa Securities Group lowered their target price on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a research note on Friday, May 15th. Finally, Sanford C. Bernstein assumed coverage on Emerson Electric in a report on Wednesday, June 10th. They set an “outperform” rating and a $175.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Emerson Electric has an average rating of “Moderate Buy” and a consensus target price of $162.64.

Emerson Electric Stock Down 2.6%

EMR opened at $135.27 on Tuesday. Emerson Electric Co. has a fifty-two week low of $122.64 and a fifty-two week high of $165.15. 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 company has a fifty day moving average of $140.70 and a two-hundred day moving average of $141.81. The stock has a market capitalization of $75.77 billion, a price-to-earnings ratio of 31.24, a PEG ratio of 2.22 and a beta of 1.25.

Emerson Electric (NYSE:EMR) last posted its earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.01. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The business had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.59 billion. During the same period in the prior year, the company posted $1.48 EPS. The company’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. On average, research analysts expect that Emerson Electric Co. will post 6.49 earnings per share for the current year.

Emerson Electric Dividend Announcement

The firm 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. The ex-dividend date was Friday, May 15th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.6%. 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.