Principal Financial Group Inc. Has $81.84 Million Position in Emerson Electric Co. $EMR

Principal Financial Group Inc. lessened its position in Emerson Electric Co. (NYSE:EMRFree Report) by 3.5% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 624,612 shares of the industrial products company’s stock after selling 22,703 shares during the period. Principal Financial Group Inc.’s holdings in Emerson Electric were worth $81,837,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in EMR. Basso Capital Management L.P. acquired a new position in Emerson Electric in the fourth quarter valued at about $25,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of Emerson Electric during the fourth quarter worth approximately $27,000. Motiv8 Investments LLC acquired a new stake in shares of Emerson Electric during the fourth quarter worth approximately $27,000. Darwin Wealth Management LLC bought a new position in shares of Emerson Electric in the second quarter valued at approximately $29,000. Finally, Ares Financial Consulting LLC bought a new stake in Emerson Electric during the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on EMR. DA Davidson assumed coverage on Emerson Electric in a research report on Tuesday, June 16th. They issued a “neutral” rating and a $145.00 price objective for the company. Barclays raised their target price on Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. BMO Capital Markets lifted their price target on Emerson Electric from $150.00 to $157.00 in a report on Friday, May 8th. 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 research report on Thursday, May 7th. Finally, Wolfe Research lowered their price objective on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating for the company in a research report on Wednesday, April 8th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $162.64.

Get Our Latest Stock Report on Emerson Electric

Emerson Electric Stock Performance

Shares of EMR opened at $139.08 on Friday. The firm’s 50 day moving average price is $140.38 and its two-hundred day moving average price is $141.83. 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 twelve month low of $122.64 and a twelve month high of $165.15. The firm has a market cap of $77.90 billion, a P/E ratio of 32.12, a PEG ratio of 2.18 and a beta of 1.25.

Emerson Electric (NYSE:EMRGet Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) 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 business had revenue of $4.56 billion during the quarter, compared to the consensus estimate of $4.59 billion. During the same period last year, the company earned $1.48 earnings per share. Emerson Electric’s quarterly 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. On average, analysts forecast that Emerson Electric Co. will post 6.49 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The firm also recently declared 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. The ex-dividend date 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 (DPR) is presently 51.27%.

Emerson Electric Company Profile

(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.

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

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