OP Asset Management Ltd purchased a new position in Emerson Electric Co. (NYSE:EMR – Free Report) during the 1st quarter, Holdings Channel reports. The fund purchased 57,066 shares of the industrial products company’s stock, valued at approximately $7,477,000.
Several other institutional investors and hedge funds have also modified their holdings of the business. Basso Capital Management L.P. bought a new position in Emerson Electric in the 4th quarter worth $25,000. IFC & Insurance Marketing Inc. bought a new stake in Emerson Electric during the fourth quarter valued at about $27,000. Motiv8 Investments LLC purchased a new stake in Emerson Electric in the fourth quarter worth about $27,000. Darwin Wealth Management LLC bought a new position in shares of Emerson Electric in the second quarter worth about $29,000. Finally, Ares Financial Consulting LLC purchased a new position in shares of Emerson Electric during the 4th quarter valued at about $29,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on EMR shares. Wells Fargo & Company increased their target price on shares of Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Emerson Electric in a research report on Monday, May 4th. Jefferies Financial Group started coverage on shares of Emerson Electric in a research note on Tuesday, March 31st. They issued a “buy” rating and a $175.00 price objective for the company. 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 report on Wednesday, May 6th. Finally, BMO Capital Markets upped their target price 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, twelve have assigned a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $162.96.
Emerson Electric Stock Up 2.6%
NYSE EMR opened at $145.11 on Friday. Emerson Electric Co. has a 12 month low of $122.64 and a 12 month high of $165.15. The company has a current ratio of 0.87, a quick ratio of 0.64 and a debt-to-equity ratio of 0.37. The stock has a market cap of $81.28 billion, a PE ratio of 33.51, a P/E/G ratio of 2.26 and a beta of 1.25. The stock’s 50 day moving average is $141.25 and its 200 day moving average is $141.44.
Emerson Electric (NYSE:EMR – Get Free Report) last announced its quarterly earnings data 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 business had revenue of $4.56 billion during 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 company’s revenue was up 2.9% on a year-over-year basis. During the same period last year, the firm posted $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. Research analysts predict that Emerson Electric Co. will post 6.49 EPS for the current fiscal year.
Emerson Electric Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th were issued a $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Friday, May 15th. 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.
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