Louisiana State Employees Retirement System Takes $3.75 Million Position in Emerson Electric Co. $EMR

Louisiana State Employees Retirement System purchased a new position in shares of Emerson Electric Co. (NYSE:EMRFree Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 28,600 shares of the industrial products company’s stock, valued at approximately $3,747,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Basso Capital Management L.P. acquired a new stake in shares of Emerson Electric in the fourth quarter valued at approximately $25,000. IFC & Insurance Marketing Inc. acquired a new position in shares of Emerson Electric during the 4th quarter worth approximately $27,000. Motiv8 Investments LLC bought a new stake in Emerson Electric in the 4th quarter valued at $27,000. Ares Financial Consulting LLC acquired a new stake in Emerson Electric during the 4th quarter valued at $29,000. Finally, Darwin Wealth Management LLC bought a new position in Emerson Electric during the second quarter worth $29,000. Institutional investors own 74.30% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on EMR. Wolfe Research dropped their price objective on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 8th. Barclays upped their price target 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 reissued a “hold (c+)” rating on shares of Emerson Electric in a report on Monday, May 4th. Daiwa Securities Group reduced their price objective on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a report on Friday, May 15th. Finally, Sanford C. Bernstein assumed coverage on Emerson Electric in a research report on Wednesday, June 10th. They issued an “outperform” rating and a $175.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $162.96.

Check Out Our Latest Report on EMR

Emerson Electric Trading Down 1.0%

EMR stock opened at $143.84 on Friday. Emerson Electric Co. has a 52 week low of $122.64 and a 52 week high of $165.15. The company has a market capitalization of $80.57 billion, a PE ratio of 33.22, a price-to-earnings-growth ratio of 2.29 and a beta of 1.25. The company’s 50-day simple moving average is $141.31 and its 200 day simple moving average is $141.45. 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 issued its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.01. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The business had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.59 billion. During the same quarter in the previous year, the company earned $1.48 EPS. The business’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, sell-side analysts anticipate that Emerson Electric Co. will post 6.49 earnings per share for the current year.

Emerson Electric Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were paid a $0.555 dividend. This represents a $2.22 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Friday, May 15th. 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.

Further Reading

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

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