Novare Capital Management LLC Reduces Holdings in Emerson Electric Co. $EMR

Novare Capital Management LLC lowered its position in Emerson Electric Co. (NYSE:EMR) by 2.3% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 187,538 shares of the industrial products company’s stock after selling 4,359 shares during the quarter. Emerson Electric makes up 1.9% of Novare Capital Management LLC’s investment portfolio, making the stock its 13th biggest position. Novare Capital Management LLC’s holdings in Emerson Electric were worth $24,571,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Brighton Jones LLC boosted its holdings in Emerson Electric by 74.1% in the fourth quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company’s stock valued at $1,412,000 after purchasing an additional 4,850 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in Emerson Electric during the 1st quarter valued at approximately $232,000. Caxton Associates LLP purchased a new stake in Emerson Electric during the 1st quarter worth approximately $275,000. Sivia Capital Partners LLC acquired a new position in shares of Emerson Electric in the 2nd quarter valued at approximately $203,000. Finally, Jump Financial LLC boosted its stake in shares of Emerson Electric by 121.5% during the 2nd quarter. Jump Financial LLC now owns 10,543 shares of the industrial products company’s stock valued at $1,406,000 after buying an additional 5,783 shares during the last quarter. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Emerson Electric Stock Performance

EMR stock opened at $150.29 on Tuesday. The stock’s 50 day simple moving average is $141.30 and its 200 day simple moving average is $141.29. Emerson Electric Co. has a 12-month low of $122.64 and a 12-month high of $165.15. The firm has a market cap of $84.18 billion, a P/E ratio of 34.71, a P/E/G ratio of 2.40 and a beta of 1.25. The company has a current ratio of 0.87, a quick ratio of 0.64 and a debt-to-equity ratio of 0.37.

Emerson Electric (NYSE:EMR) last released its quarterly earnings data 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. 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 during the quarter, compared to the consensus estimate of $4.59 billion. During the same quarter in the previous year, the company posted $1.48 earnings per share. The firm’s 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. As a group, equities research analysts predict 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 given a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Friday, May 15th. Emerson Electric’s dividend payout ratio is currently 51.27%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on EMR shares. Royal Bank Of Canada raised their price target on shares of Emerson Electric from $161.00 to $169.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 6th. Wells Fargo & Company increased 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. Barclays raised their price objective on shares of Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. BMO Capital Markets boosted their target price on shares of Emerson Electric from $150.00 to $157.00 in a research report on Friday, May 8th. Finally, 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 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $162.96.

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.