Spartan Wealth Advisory Services LLC acquired a new stake in shares of Emerson Electric Co. (NYSE:EMR – Free Report) during the 1st quarter, Holdings Channel.com reports. The firm acquired 16,516 shares of the industrial products company’s stock, valued at approximately $2,164,000.
A number of other institutional investors have also recently bought and sold shares of the stock. Brighton Jones LLC increased its holdings in Emerson Electric by 74.1% during the 4th quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company’s stock worth $1,412,000 after purchasing an additional 4,850 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in shares of Emerson Electric during the first quarter worth about $232,000. Caxton Associates LLP bought a new stake in Emerson Electric in the 1st quarter valued at approximately $275,000. Sivia Capital Partners LLC bought a new position in shares of Emerson Electric during the 2nd quarter worth approximately $203,000. Finally, Jump Financial LLC raised its holdings in shares of Emerson Electric by 121.5% in the second quarter. Jump Financial LLC now owns 10,543 shares of the industrial products company’s stock valued at $1,406,000 after purchasing an additional 5,783 shares during the last quarter. Institutional investors own 74.30% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on the stock. Barclays lifted their price target on shares of Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Royal Bank Of Canada increased their price target on Emerson Electric from $161.00 to $169.00 and gave the company an “outperform” rating in a research report on Wednesday, May 6th. Jefferies Financial Group began coverage on Emerson Electric in a research note on Tuesday, March 31st. They set a “buy” rating and a $175.00 price objective on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Emerson Electric in a research note on Monday, May 4th. Finally, Wolfe Research cut their price target on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating for the company in a research note on Wednesday, April 8th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Emerson Electric has a consensus rating of “Moderate Buy” and an average price target of $162.64.
Emerson Electric Price Performance
Shares of NYSE EMR opened at $139.39 on Friday. 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 business’s 50 day moving average is $140.35 and its 200-day moving average is $141.81. Emerson Electric Co. has a 1-year low of $122.64 and a 1-year high of $165.15. The firm has a market cap of $78.07 billion, a P/E ratio of 32.19, a price-to-earnings-growth ratio of 2.23 and a beta of 1.25.
Emerson Electric (NYSE:EMR – Get Free Report) last posted its earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share for the quarter, topping 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 the consensus estimate of $4.59 billion. During the same quarter last year, the firm earned $1.48 earnings per share. The company’s 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. Equities research analysts predict that Emerson Electric Co. will post 6.49 earnings per share for the current year.
Emerson Electric Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were given a dividend of $0.555 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $2.22 dividend on an annualized basis and a yield of 1.6%. Emerson Electric’s dividend payout ratio is currently 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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