Lazard Asset Management LLC Acquires 9,214 Shares of Emerson Electric Co. $EMR

Lazard Asset Management LLC increased its stake in shares of Emerson Electric Co. (NYSE:EMR) by 1.2% during the first quarter, HoldingsChannel reports. The fund owned 768,633 shares of the industrial products company’s stock after acquiring an additional 9,214 shares during the quarter. Lazard Asset Management LLC’s holdings in Emerson Electric were worth $100,706,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Norges Bank bought a new position in shares of Emerson Electric during the 4th quarter worth about $1,050,040,000. Bank of New York Mellon Corp lifted its stake in shares of Emerson Electric by 17.8% in the fourth quarter. Bank of New York Mellon Corp now owns 6,198,148 shares of the industrial products company’s stock valued at $822,618,000 after buying an additional 938,051 shares during the period. Fisher Asset Management LLC grew its position in Emerson Electric by 14.8% during the fourth quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company’s stock worth $954,405,000 after buying an additional 928,548 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich raised its holdings in Emerson Electric by 97.6% in the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,707,873 shares of the industrial products company’s stock valued at $227,783,000 after acquiring an additional 843,526 shares in the last quarter. Finally, Boston Partners raised its stake in shares of Emerson Electric by 34.0% in the third quarter. Boston Partners now owns 2,860,894 shares of the industrial products company’s stock valued at $375,547,000 after purchasing an additional 726,477 shares in the last quarter. 74.30% of the stock is owned by institutional investors.

Emerson Electric Stock Up 1.0%

EMR opened at $149.37 on Tuesday. The firm has a market cap of $83.66 billion, a price-to-earnings ratio of 34.50, a PEG ratio of 2.36 and a beta of 1.25. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.64 and a current ratio of 0.87. The firm’s 50-day simple moving average is $141.15 and its 200-day simple moving average is $142.09. Emerson Electric Co. has a twelve month low of $122.64 and a twelve month high of $165.15.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.01. The firm had revenue of $4.56 billion during 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 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. Equities research analysts anticipate that Emerson Electric Co. will post 6.49 EPS 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 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Friday, May 15th. Emerson Electric’s payout ratio is presently 51.27%.

Analyst Ratings Changes

Several brokerages have issued reports on EMR. Jefferies Financial Group assumed coverage on shares of Emerson Electric in a report on Tuesday, March 31st. They issued a “buy” rating and a $175.00 price target on the stock. DA Davidson started coverage on shares of Emerson Electric in a report on Tuesday, June 16th. They set a “neutral” rating and a $145.00 price objective for the company. Daiwa Securities Group lowered their target price on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a research note on Friday, May 15th. KeyCorp dropped their price target on shares of Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a research report on Monday, July 13th. Finally, Sanford C. Bernstein decreased their price objective on Emerson Electric from $175.00 to $169.00 and set an “outperform” rating on the stock in a report on Monday, July 20th. Thirteen investment analysts have rated the stock with a Buy rating, ten have issued 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 an average target price of $162.36.

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.