Sierra Summit Advisors LLC Buys Shares of 3,684 Emerson Electric Co. $EMR

Sierra Summit Advisors LLC purchased a new position in shares of Emerson Electric Co. (NYSE:EMR) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 3,684 shares of the industrial products company’s stock, valued at approximately $483,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Murphy Middleton Hinkle & Parker Inc. raised its position in shares of Emerson Electric by 229.1% in the fourth quarter. Murphy Middleton Hinkle & Parker Inc. now owns 46,467 shares of the industrial products company’s stock valued at $6,167,000 after purchasing an additional 32,346 shares during the period. Forbes J M & Co. LLP boosted its holdings in shares of Emerson Electric by 692.5% during the 4th quarter. Forbes J M & Co. LLP now owns 95,811 shares of the industrial products company’s stock worth $12,716,000 after buying an additional 83,721 shares during the period. Assenagon Asset Management S.A. boosted its holdings in shares of Emerson Electric by 863.9% during the 4th quarter. Assenagon Asset Management S.A. now owns 548,823 shares of the industrial products company’s stock worth $72,840,000 after buying an additional 491,883 shares during the period. Fisher Asset Management LLC grew its stake 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 buying an additional 928,548 shares during the last quarter. Finally, Truist Financial Corp raised its holdings in Emerson Electric by 4.6% in the 4th quarter. Truist Financial Corp now owns 1,185,160 shares of the industrial products company’s stock worth $157,294,000 after acquiring an additional 52,440 shares during the period. Institutional investors own 74.30% of the company’s stock.

Emerson Electric Stock Up 0.0%

Shares of EMR opened at $139.06 on Friday. 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 50-day simple moving average of $140.97 and a 200-day simple moving average of $141.59. Emerson Electric Co. has a 52 week low of $122.64 and a 52 week high of $165.15. The firm has a market capitalization of $77.89 billion, a P/E ratio of 32.12, a P/E/G ratio of 2.22 and a beta of 1.25.

Emerson Electric (NYSE:EMR) last released its earnings results 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. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The business had revenue of $4.56 billion for the quarter, compared to the consensus estimate of $4.59 billion. During the same period last year, the business earned $1.48 earnings per share. The firm’s revenue for the quarter was up 2.9% compared to the same quarter last year. 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, equities research analysts expect that Emerson Electric Co. will post 6.49 earnings per share for the current year.

Emerson Electric Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders 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 dividend yield of 1.6%. Emerson Electric’s payout ratio is currently 51.27%.

Wall Street Analysts Forecast Growth

EMR has been the subject of a number of recent analyst reports. DA Davidson assumed coverage on shares of Emerson Electric in a report on Tuesday, June 16th. They set a “neutral” rating and a $145.00 price target for the company. Daiwa Securities Group dropped their price objective on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a research note on Friday, May 15th. BMO Capital Markets boosted their price objective on Emerson Electric from $150.00 to $157.00 in a research report on Friday, May 8th. Royal Bank Of Canada increased their target price on Emerson Electric from $161.00 to $169.00 and gave the company an “outperform” rating in a research note on Wednesday, May 6th. Finally, Wells Fargo & Company lifted their price target 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. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Emerson Electric presently has an average rating of “Moderate Buy” and an average target price of $163.32.

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.