First Trust Advisors LP Acquires 60,674 Shares of Emerson Electric Co. $EMR

First Trust Advisors LP boosted its stake in shares of Emerson Electric Co. (NYSE:EMRFree Report) by 10.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 630,502 shares of the industrial products company’s stock after acquiring an additional 60,674 shares during the quarter. First Trust Advisors LP’s holdings in Emerson Electric were worth $82,608,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in shares of 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 worth $7,287,546,000 after purchasing an additional 578,242 shares during the period. State Street Corp raised its holdings in Emerson Electric by 2.0% during the 4th quarter. State Street Corp now owns 27,483,440 shares of the industrial products company’s stock valued at $3,647,602,000 after buying an additional 541,887 shares during the period. Geode Capital Management LLC lifted its position in Emerson Electric by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 12,328,324 shares of the industrial products company’s stock worth $1,628,638,000 after buying an additional 76,488 shares during the last quarter. Wells Fargo & Company MN boosted its stake in Emerson Electric by 1.3% during the fourth quarter. Wells Fargo & Company MN now owns 10,840,109 shares of the industrial products company’s stock worth $1,438,699,000 after buying an additional 134,049 shares during the period. Finally, Norges Bank bought a new position in Emerson Electric during the fourth quarter valued at $1,050,040,000. 74.30% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

EMR has been the topic of several recent analyst reports. DA Davidson began coverage on shares of Emerson Electric in a research note on Tuesday, June 16th. They issued a “neutral” rating and a $145.00 target price on the stock. Royal Bank Of Canada upped their price target on shares of Emerson Electric from $161.00 to $169.00 and gave the company an “outperform” rating in a report on Wednesday, May 6th. 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 research report on Friday, July 17th. Weiss Ratings restated a “hold (c+)” rating on shares of Emerson Electric in a research report on Monday, May 4th. Finally, KeyCorp cut their target price on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a research note on Monday, July 13th. Thirteen research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $162.36.

View Our Latest Stock Analysis on EMR

Emerson Electric Price Performance

Shares of EMR stock opened at $147.94 on Friday. Emerson Electric Co. has a twelve month low of $122.64 and a twelve month high of $165.15. The company has a current ratio of 0.87, a quick ratio of 0.64 and a debt-to-equity ratio of 0.37. The stock has a fifty day simple moving average of $140.81 and a two-hundred day simple moving average of $142.07. The stock has a market capitalization of $82.86 billion, a price-to-earnings ratio of 34.17, a P/E/G ratio of 2.31 and a beta of 1.25.

Emerson Electric (NYSE:EMRGet Free Report) last released its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.01. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The firm had revenue of $4.56 billion during the quarter, compared to the consensus estimate of $4.59 billion. During the same period in the previous year, the company posted $1.48 earnings per share. The firm’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 predict that Emerson Electric Co. will post 6.49 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The firm also recently disclosed 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. This represents a $2.22 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Friday, May 15th. Emerson Electric’s dividend payout ratio (DPR) is presently 51.27%.

About Emerson Electric

(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.

See Also

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

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