Swiss National Bank raised its stake in shares of Emerson Electric Co. (NYSE:EMR – Free Report) by 6.9% in the 1st quarter, HoldingsChannel.com reports. The firm owned 1,648,700 shares of the industrial products company’s stock after purchasing an additional 106,500 shares during the period. Swiss National Bank’s holdings in Emerson Electric were worth $216,013,000 as of its most recent filing with the SEC.
Several other institutional investors have also recently made changes to their positions in EMR. Rooted Wealth Advisors Inc. lifted its position in shares of Emerson Electric by 3.0% during the 4th quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company’s stock valued at $291,000 after buying an additional 64 shares in the last quarter. Institute for Wealth Management LLC. raised its stake in Emerson Electric by 1.6% during the 4th quarter. Institute for Wealth Management LLC. now owns 4,546 shares of the industrial products company’s stock worth $603,000 after acquiring an additional 71 shares during the period. Cary Street Partners Investment Advisory LLC lifted its holdings in Emerson Electric by 2.4% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 3,098 shares of the industrial products company’s stock valued at $411,000 after purchasing an additional 72 shares in the last quarter. Cornell Pochily Investment Advisors Inc. boosted its position in shares of Emerson Electric by 0.3% in the fourth quarter. Cornell Pochily Investment Advisors Inc. now owns 29,260 shares of the industrial products company’s stock worth $3,883,000 after purchasing an additional 76 shares during the period. Finally, Zhang Financial LLC increased its stake in shares of Emerson Electric by 2.7% in the fourth quarter. Zhang Financial LLC now owns 2,892 shares of the industrial products company’s stock worth $384,000 after purchasing an additional 76 shares in the last quarter. Institutional investors own 74.30% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts recently weighed in on the stock. Wolfe Research lowered their target price on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 8th. JPMorgan Chase & Co. upgraded Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price target for the company in a research note on Friday. Barclays raised their price target on Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Emerson Electric in a research note on Monday, May 4th. Finally, Sanford C. Bernstein began coverage on Emerson Electric in a research report on Wednesday, June 10th. They set an “outperform” rating and a $175.00 target price for the company. One 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 company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $162.64.
Emerson Electric Trading Down 0.1%
Shares of Emerson Electric stock opened at $139.39 on Monday. Emerson Electric Co. has a twelve month low of $122.64 and a twelve month high of $165.15. 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 business has a 50-day moving average price of $140.35 and a 200-day moving average price of $141.86. The firm has a market cap of $78.07 billion, a price-to-earnings ratio of 32.19, a PEG ratio of 2.23 and a beta of 1.25.
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 company had revenue of $4.56 billion for the quarter, compared to the consensus estimate of $4.59 billion. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The firm’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same period in the previous year, the business earned $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. Equities research analysts anticipate 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. Stockholders of record on Friday, May 15th were given a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Friday, May 15th. Emerson Electric’s dividend payout ratio is currently 51.27%.
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.
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