Emerson Electric Co. $EMR Shares Sold by XML Financial LLC

XML Financial LLC cut its stake in Emerson Electric Co. (NYSE:EMRFree Report) by 12.2% in the first quarter, Holdings Channel.com reports. The fund owned 35,568 shares of the industrial products company’s stock after selling 4,964 shares during the quarter. XML Financial LLC’s holdings in Emerson Electric were worth $4,660,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Emerson Electric by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 54,909,180 shares of the industrial products company’s stock worth $7,287,546,000 after purchasing an additional 578,242 shares in the last quarter. State Street Corp boosted its position in shares of Emerson Electric by 2.0% in the 4th quarter. State Street Corp now owns 27,483,440 shares of the industrial products company’s stock valued at $3,647,602,000 after purchasing an additional 541,887 shares during the period. Geode Capital Management LLC grew its stake in Emerson Electric by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 12,328,324 shares of the industrial products company’s stock worth $1,628,638,000 after buying an additional 76,488 shares during the last quarter. Wells Fargo & Company MN increased its position in Emerson Electric by 1.3% during the fourth quarter. Wells Fargo & Company MN now owns 10,840,109 shares of the industrial products company’s stock worth $1,438,699,000 after buying an additional 134,049 shares during the period. Finally, Norges Bank purchased a new stake in Emerson Electric in the fourth quarter valued at approximately $1,050,040,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Emerson Electric Stock Up 0.2%

Shares of Emerson Electric stock opened at $150.99 on Monday. Emerson Electric Co. has a one year low of $122.64 and a one year high of $165.15. The company has a market cap of $84.57 billion, a P/E ratio of 34.87, a PEG ratio of 2.40 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. The firm has a fifty day moving average of $141.19 and a two-hundred day moving average of $141.16.

Emerson Electric (NYSE:EMRGet Free Report) last issued its quarterly earnings results 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. The business had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.59 billion. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The business’s revenue was up 2.9% compared to the same quarter last year. During the same period in the previous year, the business 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, analysts forecast that Emerson Electric Co. will post 6.49 earnings per share for the current year.

Emerson Electric Dividend Announcement

The firm also recently announced 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 was Friday, May 15th. This represents a $2.22 annualized dividend and a yield of 1.5%. Emerson Electric’s payout ratio is presently 51.27%.

Wall Street Analyst Weigh In

EMR has been the topic of a number of research reports. DA Davidson started coverage on shares of Emerson Electric in a research report on Tuesday, June 16th. They set a “neutral” rating and a $145.00 target price on the stock. Wells Fargo & Company upped 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. BMO Capital Markets raised their price objective on shares of Emerson Electric from $150.00 to $157.00 in a research report on Friday, May 8th. Royal Bank Of Canada lifted their price objective on shares of Emerson Electric from $161.00 to $169.00 and gave the company an “outperform” rating in a research note on Wednesday, May 6th. Finally, Jefferies Financial Group began coverage on shares of Emerson Electric in a report on Tuesday, March 31st. They issued a “buy” rating and a $175.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $162.96.

Check Out Our Latest Analysis on Emerson Electric

About Emerson Electric

(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.

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

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