Janney Montgomery Scott LLC Acquires 69,588 Shares of Emerson Electric Co. $EMR

Janney Montgomery Scott LLC boosted its holdings in Emerson Electric Co. (NYSE:EMRFree Report) by 10.6% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 727,974 shares of the industrial products company’s stock after buying an additional 69,588 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Emerson Electric were worth $95,379,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Basso Capital Management L.P. acquired a new stake in shares of Emerson Electric in the 4th quarter valued at approximately $25,000. IFC & Insurance Marketing Inc. acquired a new position in Emerson Electric during the 4th quarter worth approximately $27,000. Motiv8 Investments LLC bought a new position in Emerson Electric in the 4th quarter valued at approximately $27,000. Ares Financial Consulting LLC acquired a new stake in Emerson Electric in the fourth quarter valued at approximately $29,000. Finally, Darwin Wealth Management LLC bought a new stake in shares of Emerson Electric during the second quarter worth $29,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Emerson Electric Stock Down 1.0%

Shares of NYSE EMR opened at $143.84 on Friday. The company has a quick ratio of 0.64, a current ratio of 0.87 and a debt-to-equity ratio of 0.37. The firm has a market cap of $80.57 billion, a PE ratio of 33.22, a P/E/G ratio of 2.29 and a beta of 1.25. The company’s fifty day simple moving average is $141.31 and its 200 day simple moving average is $141.45. Emerson Electric Co. has a 12-month low of $122.64 and a 12-month high of $165.15.

Emerson Electric (NYSE:EMRGet Free Report) last posted its quarterly earnings results 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. The firm had revenue of $4.56 billion during the quarter, compared to the consensus estimate of $4.59 billion. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The business’s revenue was up 2.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.48 earnings per share. 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, sell-side analysts forecast that Emerson Electric Co. will post 6.49 earnings per share for the current fiscal year.

Emerson Electric Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were issued a $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Friday, May 15th. Emerson Electric’s dividend payout ratio is currently 51.27%.

Analysts Set New Price Targets

EMR has been the topic of several research reports. Wolfe Research reduced their price target on Emerson Electric from $176.00 to $169.00 and set an “outperform” rating on the stock in a report on Wednesday, April 8th. Daiwa Securities Group decreased their price objective on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a report on Friday, May 15th. Wells Fargo & Company raised their target price 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. 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 price target on the stock. Finally, Barclays increased their price target on Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $162.96.

Get Our Latest Report on Emerson Electric

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.

Further Reading

Want to see what other hedge funds are holding EMR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Emerson Electric Co. (NYSE:EMRFree Report).

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

Receive News & Ratings for Emerson Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerson Electric and related companies with MarketBeat.com's FREE daily email newsletter.