BI Asset Management Fondsmaeglerselskab A S Boosts Position in Emerson Electric Co. $EMR

BI Asset Management Fondsmaeglerselskab A S lifted its holdings in Emerson Electric Co. (NYSE:EMRFree Report) by 69.1% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 43,592 shares of the industrial products company’s stock after purchasing an additional 17,819 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Emerson Electric were worth $5,711,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Hsbc Holdings PLC lifted its position in shares of Emerson Electric by 55.2% during the 4th quarter. Hsbc Holdings PLC now owns 1,672,161 shares of the industrial products company’s stock valued at $222,151,000 after buying an additional 594,835 shares in the last quarter. Rockefeller Capital Management L.P. increased its holdings in Emerson Electric by 33.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,156,874 shares of the industrial products company’s stock worth $153,541,000 after acquiring an additional 292,170 shares in the last quarter. Bank of New Hampshire raised its stake in Emerson Electric by 21.2% during the 4th quarter. Bank of New Hampshire now owns 2,143 shares of the industrial products company’s stock worth $284,000 after acquiring an additional 375 shares during the period. World Investment Advisors lifted its holdings in Emerson Electric by 11.8% during the fourth quarter. World Investment Advisors now owns 22,897 shares of the industrial products company’s stock valued at $3,039,000 after purchasing an additional 2,412 shares in the last quarter. Finally, Farmers National Bank lifted its holdings in Emerson Electric by 1.8% during the fourth quarter. Farmers National Bank now owns 5,187 shares of the industrial products company’s stock valued at $688,000 after purchasing an additional 92 shares in the last quarter. 74.30% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. DA Davidson started coverage on shares of Emerson Electric in a research note on Tuesday, June 16th. They issued a “neutral” rating and a $145.00 price objective for the company. Jefferies Financial Group assumed coverage on shares of Emerson Electric in a research note on Tuesday, March 31st. They set a “buy” rating and a $175.00 target price on the stock. Royal Bank Of Canada increased their price target on Emerson Electric from $161.00 to $169.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 6th. Daiwa Securities Group decreased their price target on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a report on Friday, May 15th. Finally, Sanford C. Bernstein initiated coverage on Emerson Electric in a research report on Wednesday, June 10th. They issued an “outperform” rating and a $175.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $162.96.

Check Out Our Latest Stock Report on Emerson Electric

Emerson Electric Stock Performance

EMR opened at $150.29 on Tuesday. The stock has a market capitalization of $84.18 billion, a price-to-earnings ratio of 34.71, a PEG ratio of 2.40 and a beta of 1.25. Emerson Electric Co. has a fifty-two week low of $122.64 and a fifty-two 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. The company has a fifty day moving average of $141.30 and a 200 day moving average of $141.29.

Emerson Electric (NYSE:EMRGet Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.01. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The firm had revenue of $4.56 billion during the quarter, compared to analyst estimates of $4.59 billion. During the same quarter last year, the business posted $1.48 earnings per share. The business’s quarterly revenue 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. As a group, sell-side 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 declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were given a $0.555 dividend. This represents a $2.22 annualized dividend and a yield of 1.5%. The ex-dividend date was Friday, May 15th. Emerson Electric’s payout ratio is currently 51.27%.

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.

See Also

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

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