Emerson Electric Co. $EMR Shares Sold by Whittier Trust Co.

Whittier Trust Co. lessened its stake in Emerson Electric Co. (NYSE:EMRFree Report) by 5.4% in the 1st quarter, Holdings Channel.com reports. The firm owned 86,247 shares of the industrial products company’s stock after selling 4,896 shares during the period. Whittier Trust Co.’s holdings in Emerson Electric were worth $11,442,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of EMR. Bogart Wealth LLC raised its position in shares of Emerson Electric by 1.9% during the 1st quarter. Bogart Wealth LLC now owns 75,441 shares of the industrial products company’s stock valued at $9,884,000 after buying an additional 1,392 shares during the period. Fortitude Advisory Group L.L.C. raised its holdings in Emerson Electric by 2.7% in the 1st quarter. Fortitude Advisory Group L.L.C. now owns 4,069 shares of the industrial products company’s stock valued at $533,000 after buying an additional 107 shares during the period. DGS Capital Management LLC raised its stake in shares of Emerson Electric by 15.6% in the 1st quarter. DGS Capital Management LLC now owns 2,017 shares of the industrial products company’s stock valued at $264,000 after acquiring an additional 272 shares during the period. Stephens Inc. AR increased its holdings in Emerson Electric by 3.9% in the 1st quarter. Stephens Inc. AR now owns 102,299 shares of the industrial products company’s stock valued at $13,479,000 after purchasing an additional 3,863 shares during the last quarter. Finally, Lee Danner & Bass Inc. grew its stake in shares of Emerson Electric by 95.9% in the first quarter. Lee Danner & Bass Inc. now owns 7,048 shares of the industrial products company’s stock valued at $923,000 after buying an additional 3,450 shares in the last quarter. Institutional investors and hedge funds own 74.30% of the company’s stock.

Wall Street Analysts Forecast Growth

EMR has been the subject of several recent research reports. Barclays raised their price objective on shares of Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Emerson Electric in a report on Monday, May 4th. Jefferies Financial Group initiated coverage on Emerson Electric in a research note on Tuesday, March 31st. They issued a “buy” rating and a $175.00 price objective for the company. Wolfe Research decreased their price target on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating for the company in a research note on Wednesday, April 8th. Finally, BMO Capital Markets raised their price objective on shares of Emerson Electric from $150.00 to $157.00 in a report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $163.32.

Check Out Our Latest Report on Emerson Electric

Emerson Electric Stock Down 2.8%

NYSE EMR traded down $4.02 on Tuesday, reaching $137.54. The company had a trading volume of 398,725 shares, compared to its average volume of 3,150,626. The company’s fifty day moving average is $140.97 and its 200-day moving average is $141.62. Emerson Electric Co. has a 1-year low of $122.64 and a 1-year high of $165.15. The firm has a market capitalization of $77.04 billion, a price-to-earnings ratio of 31.77, a price-to-earnings-growth ratio of 2.22 and a beta of 1.25. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.64 and a current ratio of 0.87.

Emerson Electric (NYSE:EMRGet Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.01. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The business had revenue of $4.56 billion during the quarter, compared to the consensus estimate of $4.59 billion. During the same period last year, the company earned $1.48 earnings per share. Emerson Electric’s quarterly revenue was up 2.9% on a year-over-year basis. 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 earnings per share for the current fiscal year.

Emerson Electric Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th were given a dividend of $0.555 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $2.22 annualized dividend and a yield of 1.6%. Emerson Electric’s payout ratio is 51.27%.

Emerson Electric Profile

(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.

See Also

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

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