Clifford Swan Investment Counsel LLC Sells 5,238 Shares of Emerson Electric Co. $EMR

Clifford Swan Investment Counsel LLC cut its holdings in shares of Emerson Electric Co. (NYSE:EMR) by 2.1% in the 1st quarter, Holdings Channel reports. The firm owned 246,310 shares of the industrial products company’s stock after selling 5,238 shares during the period. Emerson Electric accounts for about 1.1% of Clifford Swan Investment Counsel LLC’s holdings, making the stock its 24th largest position. Clifford Swan Investment Counsel LLC’s holdings in Emerson Electric were worth $32,271,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Murphy Middleton Hinkle & Parker Inc. boosted its stake 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 valued at $6,167,000 after buying an additional 32,346 shares in the last quarter. Forbes J M & Co. LLP raised its stake in Emerson Electric by 692.5% during the fourth 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 in the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of Emerson Electric by 863.9% in the fourth 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 during the last quarter. Fisher Asset Management LLC boosted 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 in the last quarter. Finally, Legal & General Group Plc grew its holdings in shares of Emerson Electric by 2.1% during 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 last quarter. Institutional investors and hedge funds own 74.30% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. KeyCorp lowered their price objective on shares of Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a research report on Monday, July 13th. Sanford C. Bernstein assumed coverage on shares of Emerson Electric in a research report on Wednesday, June 10th. They issued an “outperform” rating and a $175.00 target price on the stock. Weiss Ratings reiterated a “hold (c+)” rating on shares of Emerson Electric in a report on Monday, May 4th. BMO Capital Markets increased their price target on Emerson Electric from $150.00 to $157.00 in a research note on Friday, May 8th. Finally, Wolfe Research cut 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. One investment 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 assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $162.64.

Emerson Electric Stock Up 0.2%

Shares of NYSE EMR opened at $139.39 on Friday. The company has a 50 day simple moving average of $140.35 and a 200 day simple moving average of $141.81. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.87 and a quick ratio of 0.64. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $165.15. The firm has a market cap of $78.07 billion, a PE ratio of 32.19, a price-to-earnings-growth ratio of 2.22 and a beta of 1.25.

Emerson Electric (NYSE:EMR) last posted its earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share for the quarter, topping analysts’ consensus estimates of $1.53 by $0.01. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The firm had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.59 billion. During the same period in the previous year, the firm posted $1.48 EPS. The company’s revenue for the quarter was up 2.9% compared to the same quarter last year. 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 forecast that Emerson Electric Co. will post 6.49 EPS for the current year.

Emerson Electric Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were paid a $0.555 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $2.22 annualized dividend and a dividend yield of 1.6%. Emerson Electric’s 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.