Bank of America Corp DE Has $2.61 Billion Stock Position in Emerson Electric Co. $EMR

Bank of America Corp DE lifted its position in Emerson Electric Co. (NYSE:EMR) by 13.1% during the 1st quarter, HoldingsChannel.com reports. The fund owned 19,941,844 shares of the industrial products company’s stock after buying an additional 2,302,055 shares during the quarter. Bank of America Corp DE’s holdings in Emerson Electric were worth $2,612,780,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Edgestream Partners L.P. lifted its holdings in shares of Emerson Electric by 474.1% in the first quarter. Edgestream Partners L.P. now owns 11,132 shares of the industrial products company’s stock valued at $1,459,000 after purchasing an additional 9,193 shares in the last quarter. Kentucky Retirement Systems grew its holdings in shares of Emerson Electric by 64.2% during the first quarter. Kentucky Retirement Systems now owns 58,120 shares of the industrial products company’s stock valued at $7,615,000 after buying an additional 22,733 shares in the last quarter. Janus Henderson Group PLC grew its holdings in shares of Emerson Electric by 95.7% during the first quarter. Janus Henderson Group PLC now owns 2,207,707 shares of the industrial products company’s stock valued at $289,262,000 after buying an additional 1,079,665 shares in the last quarter. Oddo BHF Asset Management Sas raised its position in Emerson Electric by 10.1% during the first quarter. Oddo BHF Asset Management Sas now owns 9,767 shares of the industrial products company’s stock valued at $1,280,000 after buying an additional 900 shares during the period. Finally, Strategic Investment Advisors MI purchased a new stake in Emerson Electric in the 1st quarter worth about $163,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on EMR. Royal Bank Of Canada lifted their target price on Emerson Electric from $161.00 to $169.00 and gave the company an “outperform” rating in a research note on Wednesday, May 6th. Daiwa Securities Group reduced 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 report on Friday, May 15th. Weiss Ratings restated a “hold (c+)” rating on shares of Emerson Electric in a report on Monday, May 4th. Wells Fargo & Company upped their price objective on shares of Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Finally, JPMorgan Chase & Co. upgraded shares of Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 target price for the company in a research report on Friday, July 17th. Thirteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $162.36.

Emerson Electric Stock Performance

Shares of EMR stock opened at $145.81 on Thursday. Emerson Electric Co. has a fifty-two week low of $122.64 and a fifty-two week high of $165.15. The stock’s 50-day moving average is $141.83 and its two-hundred day moving average is $142.17. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.87 and a quick ratio of 0.64. The firm has a market cap of $81.67 billion, a P/E ratio of 33.68, a PEG ratio of 2.43 and a beta of 1.25.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.01. The business had revenue of $4.56 billion during the quarter, compared to analyst estimates 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 was up 2.9% on a year-over-year basis. During the same period in the previous year, the company 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. Analysts predict 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. Shareholders of record on Friday, May 15th were paid a $0.555 dividend. The ex-dividend date was Friday, May 15th. This represents a $2.22 dividend on an annualized basis and a yield of 1.5%. Emerson Electric’s payout ratio is 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.