Brandes Investment Partners LP Sells 37,066 Shares of Emerson Electric Co. $EMR

Brandes Investment Partners LP lowered its position in shares of Emerson Electric Co. (NYSE:EMRFree Report) by 3.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 908,082 shares of the industrial products company’s stock after selling 37,066 shares during the period. Brandes Investment Partners LP’s holdings in Emerson Electric were worth $120,522,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Ares Financial Consulting LLC bought a new position in Emerson Electric during the 4th quarter worth $29,000. Darwin Wealth Management LLC bought a new position in Emerson Electric during the 2nd quarter worth $29,000. Steph & Co. bought a new position in Emerson Electric during the 4th quarter worth $33,000. Wealth Watch Advisors INC bought a new position in Emerson Electric during the 3rd quarter worth $33,000. Finally, Strategic Wealth Advisors LLC bought a new position in Emerson Electric during the 4th quarter worth $41,000. Institutional investors own 74.30% of the company’s stock.

Emerson Electric Trading Up 2.4%

Shares of EMR opened at $142.35 on Wednesday. Emerson Electric Co. has a 52-week low of $122.64 and a 52-week high of $165.15. The business’s fifty day moving average is $139.02 and its 200-day moving average is $140.26. 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 has a market cap of $79.73 billion, a price-to-earnings ratio of 32.88, a PEG ratio of 2.22 and a beta of 1.25.

Emerson Electric (NYSE:EMRGet Free Report) last issued 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. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The company had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.59 billion. During the same quarter last year, the company posted $1.48 EPS. The company’s revenue for the quarter was up 2.9% compared to the same quarter last year. 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 anticipate that Emerson Electric Co. will post 6.49 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 15th will be issued a dividend of $0.555 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $2.22 annualized dividend and a dividend yield of 1.6%. Emerson Electric’s dividend payout ratio (DPR) is 51.27%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on EMR shares. Daiwa Securities Group lowered their price objective on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a research note on Friday, May 15th. Wells Fargo & Company raised their price objective on Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 7th. BMO Capital Markets raised their price objective on Emerson Electric from $150.00 to $157.00 in a research note on Friday, May 8th. Barclays raised their price objective on Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. Finally, Loop Capital lifted their price target on Emerson Electric from $155.00 to $180.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Twelve research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $163.24.

Check Out Our Latest Research Report on EMR

Emerson Electric Company 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.

See Also

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

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