Westpac Banking Corp Grows Stock Holdings in Emerson Electric Co. $EMR

Westpac Banking Corp lifted its position in shares of Emerson Electric Co. (NYSE:EMR) by 181.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 45,308 shares of the industrial products company’s stock after purchasing an additional 29,192 shares during the period. Westpac Banking Corp’s holdings in Emerson Electric were worth $6,013,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of EMR. Brighton Jones LLC lifted its position in Emerson Electric by 74.1% in the fourth quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company’s stock valued at $1,412,000 after acquiring an additional 4,850 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in Emerson Electric in the first quarter valued at $232,000. Caxton Associates LLP purchased a new stake in Emerson Electric in the first quarter valued at $275,000. Sivia Capital Partners LLC purchased a new stake in Emerson Electric in the second quarter valued at $203,000. Finally, Jump Financial LLC lifted its position in Emerson Electric by 121.5% in the second quarter. Jump Financial LLC now owns 10,543 shares of the industrial products company’s stock valued at $1,406,000 after acquiring an additional 5,783 shares during the last quarter. 74.30% of the stock is owned by hedge funds and other institutional investors.

Emerson Electric Price Performance

Shares of NYSE:EMR opened at $141.94 on Wednesday. The company has a 50-day simple moving average of $137.51 and a 200-day simple moving average of $139.73. Emerson Electric Co. has a one year low of $118.48 and a one year high of $165.15. 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 stock has a market capitalization of $79.50 billion, a price-to-earnings ratio of 32.78, a PEG ratio of 2.26 and a beta of 1.25.

Emerson Electric (NYSE:EMR) last announced its earnings results on Tuesday, May 5th. The industrial products company reported $1.54 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.01. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The business had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.59 billion. During the same period in the prior year, the company earned $1.48 earnings per share. The business’s revenue 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, analysts predict that Emerson Electric Co. will post 6.49 EPS for the current year.

Emerson Electric Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th will be given a dividend of $0.555 per share. This represents a $2.22 annualized dividend and a yield of 1.6%. The ex-dividend date is Friday, May 15th. Emerson Electric’s dividend payout ratio is presently 51.27%.

Insiders Place Their Bets

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the company’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $142.32, for a total transaction of $811,224.00. Following the transaction, the chief executive officer directly owned 281,393 shares in the company, valued at approximately $40,047,851.76. This represents a 1.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.23% of the company’s stock.

Wall Street Analysts Forecast Growth

EMR has been the subject of a number of research reports. KeyCorp boosted their price target on shares of Emerson Electric from $155.00 to $185.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. Citigroup boosted their price target on shares of Emerson Electric from $165.00 to $174.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. Evercore boosted their price target on shares of Emerson Electric from $170.00 to $185.00 and gave the company an “outperform” rating in a research report on Thursday, February 5th. Weiss Ratings reissued a “hold (c+)” rating on shares of Emerson Electric in a research report on Monday, May 4th. Finally, BMO Capital Markets upped their target price on shares of Emerson Electric from $150.00 to $157.00 in a report on Friday, May 8th. Twelve analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $163.24.

About Emerson Electric

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.