Resona Asset Management Co. Ltd. lessened its holdings in shares of Emerson Electric Co. (NYSE:EMR – Free Report) by 3.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 184,502 shares of the industrial products company’s stock after selling 6,717 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in Emerson Electric were worth $24,598,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also recently made changes to their positions in the company. Murphy Middleton Hinkle & Parker Inc. lifted its holdings in Emerson Electric by 229.1% in the 4th quarter. Murphy Middleton Hinkle & Parker Inc. now owns 46,467 shares of the industrial products company’s stock worth $6,167,000 after purchasing an additional 32,346 shares in the last quarter. AustralianSuper Pty Ltd purchased a new stake in Emerson Electric in the 3rd quarter worth $950,000. Cahill Financial Advisors Inc. purchased a new stake in Emerson Electric in the 3rd quarter worth $823,000. Vanguard Group Inc. lifted its stake in Emerson Electric by 0.4% in the 3rd quarter. Vanguard Group Inc. now owns 54,330,938 shares of the industrial products company’s stock worth $7,127,132,000 after purchasing an additional 201,040 shares in the last quarter. Finally, Wedbush Securities Inc. lifted its stake in Emerson Electric by 88.4% in the 3rd quarter. Wedbush Securities Inc. now owns 19,197 shares of the industrial products company’s stock worth $2,518,000 after purchasing an additional 9,009 shares in the last quarter. 74.30% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several analysts have recently issued reports on EMR shares. Stephens upped their price objective on Emerson Electric from $145.00 to $155.00 and gave the stock an “equal weight” rating in a report on Monday, February 9th. Loop Capital upped their price objective on Emerson Electric from $155.00 to $180.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Barclays upped their target price on shares of Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Jefferies Financial Group initiated coverage on shares of Emerson Electric in a research report on Tuesday, March 31st. They set a “buy” rating and a $175.00 target price on the stock. Finally, Daiwa Securities Group decreased their price target on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a report on Friday, May 15th. Twelve analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $163.24.
Emerson Electric Stock Performance
Emerson Electric stock opened at $130.59 on Wednesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.87 and a quick ratio of 0.64. The company’s 50-day moving average is $136.75 and its 200 day moving average is $139.44. Emerson Electric Co. has a 1-year low of $114.83 and a 1-year high of $165.15. The firm has a market capitalization of $73.14 billion, a P/E ratio of 30.16, a price-to-earnings-growth ratio of 2.11 and a beta of 1.26.
Emerson Electric (NYSE:EMR – Get Free Report) last released 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 business had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.59 billion. During the same quarter last year, the firm posted $1.48 earnings per share. The business’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. Research analysts forecast 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 will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th will be given a dividend of $0.555 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.7%. Emerson Electric’s dividend payout ratio (DPR) is 51.27%.
Insider Activity at Emerson Electric
In other news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $142.32, for a total transaction of $811,224.00. Following the transaction, the chief executive officer directly owned 281,393 shares of the company’s stock, valued at approximately $40,047,851.76. This trade represents a 1.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.23% of the company’s stock.
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.
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