Emerson Electric Co. $EMR Shares Acquired by Sit Investment Associates Inc.

Sit Investment Associates Inc. grew its position in Emerson Electric Co. (NYSE:EMRFree Report) by 17.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 92,844 shares of the industrial products company’s stock after buying an additional 13,755 shares during the quarter. Sit Investment Associates Inc.’s holdings in Emerson Electric were worth $12,322,000 as of its most recent filing with the Securities and Exchange Commission.

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

Wall Street Analysts Forecast Growth

Several research firms recently commented on EMR. Weiss Ratings reissued a “hold (c+)” rating on shares of Emerson Electric in a research note on Monday, May 4th. Royal Bank Of Canada boosted their target price on Emerson Electric from $161.00 to $169.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 6th. Sanford C. Bernstein assumed coverage on Emerson Electric in a research report on Wednesday. They set an “outperform” rating and a $175.00 price objective for the company. Wells Fargo & Company upped their price objective on Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. Finally, BMO Capital Markets upped their price objective on Emerson Electric from $150.00 to $157.00 in a research report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $163.77.

Get Our Latest Report on EMR

Emerson Electric Trading Up 3.7%

NYSE:EMR opened at $142.14 on Friday. The stock has a 50-day simple moving average of $139.52 and a 200-day simple moving average of $140.45. The stock has a market cap of $79.61 billion, a P/E ratio of 32.83, a P/E/G ratio of 2.19 and a beta of 1.25. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $165.15. 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 announced its earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.01. The firm had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.59 billion. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The business’s revenue was up 2.9% on a year-over-year basis. During the same period in the prior year, the firm 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. As a group, analysts anticipate 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. Stockholders of record on Friday, May 15th were issued a $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Friday, May 15th. Emerson Electric’s payout ratio is presently 51.27%.

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.

Featured Stories

Want to see what other hedge funds are holding EMR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Emerson Electric Co. (NYSE:EMRFree Report).

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

Receive News & Ratings for Emerson Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerson Electric and related companies with MarketBeat.com's FREE daily email newsletter.