Glenview Trust Co Sells 3,823 Shares of Emerson Electric Co. $EMR

Glenview Trust Co trimmed its position in shares of Emerson Electric Co. (NYSE:EMR) by 6.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 58,273 shares of the industrial products company’s stock after selling 3,823 shares during the period. Glenview Trust Co’s holdings in Emerson Electric were worth $7,635,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Murphy Middleton Hinkle & Parker Inc. lifted its holdings in 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 worth $6,167,000 after buying an additional 32,346 shares during the period. Forbes J M & Co. LLP grew 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 acquiring an additional 83,721 shares during the period. Assenagon Asset Management S.A. raised its position in shares of Emerson Electric by 863.9% in 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 acquiring an additional 491,883 shares in the last quarter. Fisher Asset Management LLC lifted its stake in shares of 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 purchasing an additional 928,548 shares during the period. Finally, Legal & General Group Plc lifted its stake in shares of Emerson Electric by 2.1% in the 4th quarter. Legal & General Group Plc now owns 4,114,470 shares of the industrial products company’s stock valued at $546,072,000 after purchasing an additional 84,064 shares during the period. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Emerson Electric Stock Down 2.1%

Shares of NYSE:EMR opened at $136.61 on Tuesday. The company has a current ratio of 0.87, a quick ratio of 0.64 and a debt-to-equity ratio of 0.37. The stock has a fifty day simple moving average of $140.29 and a two-hundred day simple moving average of $141.87. Emerson Electric Co. has a 12-month low of $122.64 and a 12-month high of $165.15. The stock has a market capitalization of $76.51 billion, a price-to-earnings ratio of 31.55, a PEG ratio of 2.23 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 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.01. The firm had revenue of $4.56 billion for 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 company’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period in the prior 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. On average, research analysts anticipate that Emerson Electric Co. will post 6.49 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th were paid a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Friday, May 15th. Emerson Electric’s dividend payout ratio (DPR) is currently 51.27%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on EMR shares. JPMorgan Chase & Co. raised Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price target on the stock in a research note on Friday. BMO Capital Markets raised their price objective on Emerson Electric from $150.00 to $157.00 in a research report on Friday, May 8th. Jefferies Financial Group initiated coverage on shares of Emerson Electric in a research report on Tuesday, March 31st. They issued a “buy” rating and a $175.00 target price on the stock. Daiwa Securities Group decreased their price target on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a research note on Friday, May 15th. Finally, Wells Fargo & Company lifted their price target on shares of Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a research report on Thursday, May 7th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $162.36.

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.