Emerson Electric Co. $EMR Shares Sold by Garrison Point Advisors LLC

Garrison Point Advisors LLC trimmed its stake in Emerson Electric Co. (NYSE:EMRFree Report) by 43.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,689 shares of the industrial products company’s stock after selling 3,637 shares during the quarter. Garrison Point Advisors LLC’s holdings in Emerson Electric were worth $622,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the stock. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in shares of Emerson Electric by 44.2% in the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 630,609 shares of the industrial products company’s stock worth $83,694,000 after acquiring an additional 193,330 shares during the last quarter. Icon Wealth Advisors LLC raised its position in Emerson Electric by 3.1% during the fourth quarter. Icon Wealth Advisors LLC now owns 5,464 shares of the industrial products company’s stock valued at $735,000 after buying an additional 163 shares during the period. Clean Energy Transition LLP raised its position in Emerson Electric by 111.3% during the fourth quarter. Clean Energy Transition LLP now owns 1,351,224 shares of the industrial products company’s stock valued at $179,334,000 after buying an additional 711,664 shares during the period. Eventide Asset Management LLC acquired a new position in Emerson Electric during the fourth quarter valued at $497,000. Finally, Beta Wealth Group Inc. raised its position in Emerson Electric by 10.9% during the fourth quarter. Beta Wealth Group Inc. now owns 5,108 shares of the industrial products company’s stock valued at $678,000 after buying an additional 501 shares during the period. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Emerson Electric Stock Performance

EMR opened at $143.06 on Friday. The company has a market cap of $80.13 billion, a PE ratio of 33.04, a price-to-earnings-growth ratio of 2.28 and a beta of 1.25. The stock has a 50-day moving average of $139.73 and a 200-day moving average of $140.47. Emerson Electric Co. has a 52-week low of $122.64 and a 52-week high of $165.15. 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 released its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.01. The company 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 firm’s revenue was up 2.9% on a year-over-year basis. During the same quarter in the prior year, the company 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. As a group, equities research analysts forecast that Emerson Electric Co. will post 6.49 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were given a dividend of $0.555 per share. This represents a $2.22 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Friday, May 15th. Emerson Electric’s payout ratio is currently 51.27%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on EMR. Wells Fargo & Company upped 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. Weiss Ratings reissued a “hold (c+)” rating on shares of Emerson Electric in a research report on Monday, May 4th. BMO Capital Markets upped their price target on Emerson Electric from $150.00 to $157.00 in a research report on Friday, May 8th. Wolfe Research dropped their price target on Emerson Electric from $176.00 to $169.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 8th. Finally, Royal Bank Of Canada upped their price target on Emerson Electric from $161.00 to $169.00 and gave the company an “outperform” rating in a research report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $163.77.

Read Our Latest Analysis on EMR

About Emerson Electric

(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.

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

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