Cullinan Associates Inc. Sells 12,064 Shares of Emerson Electric Co. $EMR

Cullinan Associates Inc. trimmed its stake in Emerson Electric Co. (NYSE:EMR) by 18.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 51,897 shares of the industrial products company’s stock after selling 12,064 shares during the quarter. Cullinan Associates Inc.’s holdings in Emerson Electric were worth $6,800,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in EMR. Basso Capital Management L.P. bought a new position in shares of Emerson Electric in the fourth quarter valued at $25,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of Emerson Electric in the 4th quarter worth about $27,000. Motiv8 Investments LLC bought a new position in Emerson Electric in the 4th quarter valued at about $27,000. Ares Financial Consulting LLC acquired a new position in Emerson Electric during the 4th quarter valued at about $29,000. Finally, Darwin Wealth Management LLC bought a new stake in Emerson Electric during the 2nd quarter worth approximately $29,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Emerson Electric Stock Performance

Emerson Electric stock traded up $1.10 during mid-day trading on Friday, reaching $138.90. 1,563,376 shares of the company’s stock were exchanged, compared to its average volume of 2,681,216. The business’s fifty day simple moving average is $140.81 and its 200 day simple moving average is $141.76. The company has a quick ratio of 0.64, a current ratio of 0.87 and a debt-to-equity ratio of 0.37. Emerson Electric Co. has a one year low of $122.64 and a one year high of $165.15. The firm has a market capitalization of $77.80 billion, a PE ratio of 32.08, a P/E/G ratio of 2.22 and a beta of 1.25.

Emerson Electric (NYSE:EMR) last issued its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share for the quarter, topping analysts’ consensus estimates of $1.53 by $0.01. The company had revenue of $4.56 billion for the quarter, compared to the consensus estimate of $4.59 billion. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The firm’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period in the previous 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. On average, sell-side analysts expect that Emerson Electric Co. will post 6.49 earnings per share for the current year.

Emerson Electric Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders 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 1.6%. The ex-dividend date of this dividend was Friday, May 15th. Emerson Electric’s dividend payout ratio is currently 51.27%.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Barclays raised their target price on Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Wells Fargo & Company increased their price target on Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a research report on Thursday, May 7th. Wolfe Research cut their price objective on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating on the stock in a report on Wednesday, April 8th. Sanford C. Bernstein began coverage on shares of Emerson Electric in a research note on Wednesday, June 10th. They issued an “outperform” rating and a $175.00 target price for the company. Finally, Daiwa Securities Group dropped their price target on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a research report on Friday, May 15th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Emerson Electric presently has an average rating of “Moderate Buy” and a consensus target price of $163.32.

Emerson Electric Profile

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.