Mariner LLC lifted its position in Emerson Electric Co. (NYSE:EMR – Free Report) by 8.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 549,039 shares of the industrial products company’s stock after buying an additional 41,365 shares during the quarter. Mariner LLC’s holdings in Emerson Electric were worth $72,868,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of EMR. Norges Bank purchased a new stake in Emerson Electric during the 4th quarter worth about $1,050,040,000. Ameriprise Financial Inc. increased its holdings in Emerson Electric by 185.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,192,982 shares of the industrial products company’s stock worth $418,730,000 after purchasing an additional 2,075,425 shares during the period. Fisher Asset Management LLC increased its holdings in Emerson Electric by 20.6% during 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 purchasing an additional 1,069,122 shares during the period. Bank of New York Mellon Corp increased its holdings in Emerson Electric by 17.8% during 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 purchasing an additional 938,051 shares during the period. Finally, Schroder Investment Management Group increased its holdings in Emerson Electric by 13.5% during 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 purchasing an additional 859,171 shares during the period. Hedge funds and other institutional investors own 74.30% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on EMR. Sanford C. Bernstein began coverage on Emerson Electric in a report on Wednesday, June 10th. They set an “outperform” rating and a $175.00 price target on the stock. Wolfe Research dropped their price objective on Emerson Electric from $176.00 to $169.00 and set an “outperform” rating on the stock in a report on Wednesday, April 8th. Barclays increased their price objective on Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Jefferies Financial Group began coverage on Emerson Electric in a report on Tuesday, March 31st. They issued a “buy” rating and a $175.00 price objective on the stock. Finally, Royal Bank Of Canada increased their price objective on Emerson Electric from $161.00 to $169.00 and gave the company an “outperform” rating in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $163.77.
Emerson Electric Trading Up 2.5%
EMR opened at $146.59 on Tuesday. Emerson Electric Co. has a one year low of $122.64 and a one year high of $165.15. The company has a market cap of $82.10 billion, a P/E ratio of 33.85, a PEG ratio of 2.28 and a beta of 1.25. 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 business’s 50-day simple moving average is $140.03 and its 200-day simple moving average is $140.66.
Emerson Electric (NYSE:EMR – Get Free Report) last announced its earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.01. The firm 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 was up 2.9% on a year-over-year basis. During the same period in the prior year, the firm 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. As a group, equities research analysts expect that Emerson Electric Co. will post 6.49 EPS for the current fiscal year.
Emerson Electric Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were given 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 1.5%. Emerson Electric’s dividend payout ratio 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.
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