Empowered Funds LLC grew its holdings in Emerson Electric Co. (NYSE:EMR – Free Report) by 245.7% in the 1st quarter, HoldingsChannel reports. The firm owned 84,525 shares of the industrial products company’s stock after buying an additional 60,075 shares during the quarter. Empowered Funds LLC’s holdings in Emerson Electric were worth $11,074,000 as of its most recent SEC filing.
Several other hedge funds have also recently modified their holdings of the business. Rooted Wealth Advisors Inc. raised its position in shares of Emerson Electric by 3.0% in the 4th quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company’s stock worth $291,000 after acquiring an additional 64 shares in the last quarter. Institute for Wealth Management LLC. boosted its position in Emerson Electric by 1.6% during the fourth quarter. Institute for Wealth Management LLC. now owns 4,546 shares of the industrial products company’s stock valued at $603,000 after purchasing an additional 71 shares in the last quarter. Cary Street Partners Investment Advisory LLC grew its stake in Emerson Electric by 2.4% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 3,098 shares of the industrial products company’s stock valued at $411,000 after purchasing an additional 72 shares during the last quarter. Cornell Pochily Investment Advisors Inc. raised its holdings in Emerson Electric by 0.3% in the fourth quarter. Cornell Pochily Investment Advisors Inc. now owns 29,260 shares of the industrial products company’s stock worth $3,883,000 after purchasing an additional 76 shares in the last quarter. Finally, Zhang Financial LLC lifted its position in shares of Emerson Electric by 2.7% during the fourth quarter. Zhang Financial LLC now owns 2,892 shares of the industrial products company’s stock valued at $384,000 after buying an additional 76 shares during the last quarter. Hedge funds and other institutional investors own 74.30% of the company’s stock.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on EMR shares. Barclays raised their price target on shares of 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 target price on shares of Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a research report on Thursday, May 7th. JPMorgan Chase & Co. upgraded shares of Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 target price for the company in a research note on Friday, July 17th. Royal Bank Of Canada upped their price target on Emerson Electric from $161.00 to $169.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 6th. Finally, Daiwa Securities Group decreased 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. Thirteen research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $162.36.
Emerson Electric Stock Up 1.9%
Shares of EMR stock opened at $148.49 on Friday. Emerson Electric Co. has a fifty-two week low of $122.64 and a fifty-two week high of $165.15. The firm has a market capitalization of $83.17 billion, a PE ratio of 34.29, a P/E/G ratio of 2.33 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 stock’s 50-day simple moving average is $142.10 and its 200-day simple moving average is $142.20.
Emerson Electric (NYSE:EMR – Get Free Report) last released its earnings results on Tuesday, May 5th. The industrial products company reported $1.54 EPS for the quarter, topping analysts’ consensus estimates 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 return on equity of 17.18% and a net margin of 13.35%.The company’s revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.48 earnings per share. 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 analysts expect that Emerson Electric Co. will post 6.49 earnings per share for the current year.
Emerson Electric Dividend Announcement
The firm also recently disclosed 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 dividend payout ratio is 51.27%.
Emerson Electric Company 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.
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