Truepoint Inc. lowered its position in Emerson Electric Co. (NYSE:EMR – Free Report) by 25.9% in the 4th quarter, Holdings Channel reports. The fund owned 21,063 shares of the industrial products company’s stock after selling 7,348 shares during the quarter. Truepoint Inc.’s holdings in Emerson Electric were worth $2,796,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in EMR. Norges Bank bought a new position in shares of Emerson Electric in the 4th quarter worth approximately $1,050,040,000. Ameriprise Financial Inc. raised its position in shares of Emerson Electric by 185.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,192,982 shares of the industrial products company’s stock worth $418,730,000 after acquiring an additional 2,075,425 shares in the last quarter. Fisher Asset Management LLC raised its position in shares of Emerson Electric by 20.6% in the 3rd quarter. Fisher Asset Management LLC now owns 6,262,570 shares of the industrial products company’s stock worth $821,524,000 after acquiring an additional 1,069,122 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Emerson Electric by 17.8% in the 4th quarter. Bank of New York Mellon Corp now owns 6,198,148 shares of the industrial products company’s stock worth $822,618,000 after acquiring an additional 938,051 shares in the last quarter. Finally, Schroder Investment Management Group raised its position in shares of 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 worth $945,227,000 after acquiring an additional 859,171 shares in the last quarter. Institutional investors own 74.30% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts have recently issued reports on the company. Jefferies Financial Group began coverage on Emerson Electric in a research report on Tuesday, March 31st. They issued a “buy” rating and a $175.00 target price for the company. Daiwa Securities Group reduced their price objective 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. Wells Fargo & Company raised their price objective on Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a research report on Thursday, May 7th. Royal Bank Of Canada raised their price objective on Emerson Electric from $161.00 to $169.00 and gave the company an “outperform” rating in a research report on Wednesday, May 6th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Emerson Electric in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $163.77.
Emerson Electric Stock Down 3.7%
Emerson Electric stock opened at $137.16 on Thursday. The firm has a market cap of $76.82 billion, a price-to-earnings ratio of 31.68, a PEG ratio of 2.27 and a beta of 1.25. The stock has a fifty day simple moving average of $139.29 and a two-hundred day simple moving average of $140.35. Emerson Electric Co. has a 12 month low of $122.64 and a 12 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.
Emerson Electric (NYSE:EMR – Get Free Report) last posted its earnings results on Tuesday, May 5th. The industrial products company reported $1.54 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.01. The business had revenue of $4.56 billion during 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%.The company’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter last year, the company earned $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. Equities analysts predict that Emerson Electric Co. will post 6.49 EPS for the current fiscal year.
Emerson Electric Dividend Announcement
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 $0.555 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.6%. Emerson Electric’s dividend payout ratio (DPR) is presently 51.27%.
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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