Westpac Banking Corp Cuts Stake in Emerson Electric Co. $EMR

Westpac Banking Corp decreased its position in Emerson Electric Co. (NYSE:EMR) by 68.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,424 shares of the industrial products company’s stock after selling 30,884 shares during the period. Westpac Banking Corp’s holdings in Emerson Electric were worth $1,890,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Saturna Capital Corp increased its position in Emerson Electric by 97.2% during the 1st quarter. Saturna Capital Corp now owns 6,239 shares of the industrial products company’s stock worth $817,000 after purchasing an additional 3,075 shares during the period. CacheTech Inc. raised its stake in shares of Emerson Electric by 5.3% during the 1st quarter. CacheTech Inc. now owns 4,622 shares of the industrial products company’s stock worth $606,000 after buying an additional 232 shares in the last quarter. Danica Pension Livsforsikringsaktieselskab acquired a new stake in shares of Emerson Electric in the 1st quarter valued at approximately $4,465,000. ABN Amro Investment Solutions boosted its stake in shares of Emerson Electric by 0.4% in the first quarter. ABN Amro Investment Solutions now owns 61,183 shares of the industrial products company’s stock valued at $8,016,000 after buying an additional 269 shares in the last quarter. Finally, Oslo Pensjonsforsikring AS acquired a new position in Emerson Electric during the first quarter worth $377,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Wells Fargo & Company increased their price objective on Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. Jefferies Financial Group began coverage on shares of Emerson Electric in a research note on Tuesday, March 31st. They set a “buy” rating and a $175.00 price target on the stock. Weiss Ratings reiterated a “hold (c+)” rating on shares of Emerson Electric in a report on Monday, May 4th. JPMorgan Chase & Co. raised shares of Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price objective on the stock in a report on Friday, July 17th. Finally, Daiwa Securities Group lowered their target price on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a research report on Friday, May 15th. Thirteen investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Emerson Electric has an average rating of “Moderate Buy” and an average price target of $162.36.

Emerson Electric Stock Up 0.3%

EMR opened at $139.72 on Thursday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.64 and a current ratio of 0.87. The company has a market cap of $78.26 billion, a price-to-earnings ratio of 32.27, a PEG ratio of 2.22 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 fifty day moving average is $140.37 and its two-hundred day moving average is $141.96.

Emerson Electric (NYSE:EMR) last announced 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 business 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 for the quarter was up 2.9% on a year-over-year basis. During the same quarter last year, the business posted $1.48 earnings per share. 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. Analysts anticipate that Emerson Electric Co. will post 6.49 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th were issued a dividend of $0.555 per share. This represents a $2.22 annualized dividend and a yield of 1.6%. The ex-dividend date was Friday, May 15th. Emerson Electric’s dividend payout ratio (DPR) is 51.27%.

Emerson Electric 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.