Smith Salley Wealth Management Has $1.93 Million Holdings in Emerson Electric Co. $EMR

Smith Salley Wealth Management increased its position in shares of Emerson Electric Co. (NYSE:EMR) by 169.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,755 shares of the industrial products company’s stock after purchasing an additional 9,280 shares during the period. Smith Salley Wealth Management’s holdings in Emerson Electric were worth $1,933,000 at the end of the most recent reporting period.

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

Emerson Electric Stock Up 0.2%

Shares of EMR opened at $150.99 on Monday. The company has a market capitalization of $84.57 billion, a P/E ratio of 34.87, a PEG ratio of 2.40 and a beta of 1.25. Emerson Electric Co. has a one year low of $122.64 and a one year high of $165.15. The business’s 50 day simple moving average is $141.19 and its 200-day simple moving average is $141.16. 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 (NYSE:EMR) last released its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.01. The firm had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.59 billion. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The business’s revenue was up 2.9% on a year-over-year basis. During the same period last year, the firm 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 Announces Dividend

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 $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Friday, May 15th. Emerson Electric’s payout ratio is currently 51.27%.

Analyst Upgrades and Downgrades

EMR has been the topic of several analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Emerson Electric in a research note on Monday, May 4th. Daiwa Securities Group cut their target price on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a research report on Friday, May 15th. Sanford C. Bernstein started coverage on Emerson Electric in a research note on Wednesday, June 10th. They issued an “outperform” rating and a $175.00 price target on the stock. BMO Capital Markets increased their price objective on Emerson Electric from $150.00 to $157.00 in a research note on Friday, May 8th. Finally, Jefferies Financial Group began coverage on Emerson Electric in a report on Tuesday, March 31st. They set a “buy” rating and a $175.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $162.96.

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.