Wells Fargo & Company MN raised its stake in Emerson Electric Co. (NYSE:EMR – Free Report) by 1.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,840,109 shares of the industrial products company’s stock after acquiring an additional 134,049 shares during the period. Wells Fargo & Company MN’s holdings in Emerson Electric were worth $1,438,699,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in Emerson Electric by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 54,909,180 shares of the industrial products company’s stock valued at $7,287,546,000 after acquiring an additional 578,242 shares in the last quarter. Geode Capital Management LLC raised its holdings in Emerson Electric by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 12,328,324 shares of the industrial products company’s stock valued at $1,628,638,000 after acquiring an additional 76,488 shares in the last quarter. Norges Bank acquired a new position in Emerson Electric in the 4th quarter valued at $1,050,040,000. Schroder Investment Management Group raised its holdings in Emerson Electric by 13.5% in the 3rd quarter. Schroder Investment Management Group now owns 7,205,569 shares of the industrial products company’s stock valued at $945,227,000 after acquiring an additional 859,171 shares in the last quarter. Finally, Fisher Asset Management LLC raised 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 valued at $954,405,000 after acquiring an additional 928,548 shares in the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
EMR has been the subject of several analyst reports. Daiwa Securities Group dropped their price objective on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a report on Friday, May 15th. BMO Capital Markets boosted their price target on Emerson Electric from $150.00 to $157.00 in a report on Friday, May 8th. Jefferies Financial Group assumed coverage on Emerson Electric in a report on Tuesday, March 31st. They set a “buy” rating and a $175.00 price target for the company. Wells Fargo & Company boosted their price target on Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. Finally, Sanford C. Bernstein assumed coverage on Emerson Electric in a report on Wednesday. They set an “outperform” rating and a $175.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Emerson Electric currently has a consensus rating of “Moderate Buy” and a consensus target price of $163.77.
Emerson Electric Trading Up 0.7%
Shares of EMR stock opened at $143.06 on Friday. The firm has a market capitalization of $80.13 billion, a P/E ratio of 33.04, a P/E/G ratio of 2.27 and a beta of 1.25. Emerson Electric Co. has a twelve month low of $122.64 and a twelve month high of $165.15. The company has a quick ratio of 0.64, a current ratio of 0.87 and a debt-to-equity ratio of 0.37. The stock’s fifty day simple moving average is $139.73 and its 200 day simple moving average is $140.47.
Emerson Electric (NYSE:EMR – Get Free Report) last issued its quarterly earnings data 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. The business had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.59 billion. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.Emerson Electric’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.48 EPS. 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. As a group, sell-side analysts predict that Emerson Electric Co. will post 6.49 EPS for the current fiscal year.
Emerson Electric Dividend Announcement
The company also recently disclosed 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 was Friday, May 15th. This represents a $2.22 dividend on an annualized basis and a yield of 1.6%. Emerson Electric’s payout ratio is currently 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.
Further Reading
- Five stocks we like better than Emerson Electric
- MarketBeat Week in Review – 06/08 – 06/12
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
- 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
Want to see what other hedge funds are holding EMR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Emerson Electric Co. (NYSE:EMR – Free Report).
Receive News & Ratings for Emerson Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerson Electric and related companies with MarketBeat.com's FREE daily email newsletter.
