Smithbridge Asset Management Inc. DE Purchases 6,966 Shares of Emerson Electric Co. $EMR

Smithbridge Asset Management Inc. DE boosted its position in Emerson Electric Co. (NYSE:EMR) by 102.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,766 shares of the industrial products company’s stock after acquiring an additional 6,966 shares during the quarter. Smithbridge Asset Management Inc. DE’s holdings in Emerson Electric were worth $1,804,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

EMR has been the topic of several research reports. Daiwa Securities Group decreased their price target on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a report on Friday, May 15th. BMO Capital Markets increased their price objective on shares of Emerson Electric from $150.00 to $157.00 in a research note on Friday, May 8th. Jefferies Financial Group began coverage on shares of Emerson Electric in a research report on Tuesday, March 31st. They issued a “buy” rating and a $175.00 target price on the stock. Wells Fargo & Company upped their price target 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. Finally, DA Davidson started coverage on Emerson Electric in a research note on Tuesday, June 16th. They issued a “neutral” rating and a $145.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Emerson Electric presently has an average rating of “Moderate Buy” and a consensus price target of $163.32.

Emerson Electric Stock Down 2.5%

Shares of NYSE EMR opened at $139.57 on Thursday. The company has a 50 day simple moving average of $141.16 and a 200 day simple moving average of $141.59. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.87 and a quick ratio of 0.64. 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 $78.17 billion, a PE ratio of 32.23, a price-to-earnings-growth ratio of 2.29 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 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 firm had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.59 billion. During the same period in the previous year, the firm posted $1.48 EPS. The company’s revenue for the quarter 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. On average, research analysts forecast that Emerson Electric Co. will post 6.49 EPS for the current year.

Emerson Electric Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were issued a $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Friday, May 15th. Emerson Electric’s dividend payout ratio is presently 51.27%.

Emerson Electric Company 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.