Hanson & Doremus Investment Management Has $2.39 Million Stock Holdings in Emerson Electric Co. $EMR

Hanson & Doremus Investment Management grew its holdings in Emerson Electric Co. (NYSE:EMRFree Report) by 82.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 18,211 shares of the industrial products company’s stock after purchasing an additional 8,221 shares during the quarter. Hanson & Doremus Investment Management’s holdings in Emerson Electric were worth $2,386,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Murphy Middleton Hinkle & Parker Inc. lifted its holdings in Emerson Electric by 229.1% during the fourth quarter. Murphy Middleton Hinkle & Parker Inc. now owns 46,467 shares of the industrial products company’s stock worth $6,167,000 after acquiring an additional 32,346 shares in the last quarter. Elo Mutual Pension Insurance Co raised its position in shares of Emerson Electric by 26.6% during the third quarter. Elo Mutual Pension Insurance Co now owns 67,546 shares of the industrial products company’s stock worth $8,861,000 after purchasing an additional 14,210 shares during the period. Empirical Asset Management LLC bought a new position in shares of Emerson Electric during the 3rd quarter valued at about $1,738,000. Forbes J M & Co. LLP lifted its holdings in shares of Emerson Electric by 692.5% during the 4th quarter. Forbes J M & Co. LLP now owns 95,811 shares of the industrial products company’s stock valued at $12,716,000 after purchasing an additional 83,721 shares in the last quarter. Finally, Assenagon Asset Management S.A. grew its position in shares of Emerson Electric by 863.9% in the 4th quarter. Assenagon Asset Management S.A. now owns 548,823 shares of the industrial products company’s stock valued at $72,840,000 after purchasing an additional 491,883 shares during the period. Institutional investors and hedge funds own 74.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on EMR. Royal Bank Of Canada upped their price target on shares of Emerson Electric from $161.00 to $169.00 and gave the company an “outperform” rating in a report on Wednesday, May 6th. Daiwa Securities Group cut their price objective on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a research report on Friday, May 15th. Wells Fargo & Company increased their target price on Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. DA Davidson assumed coverage on Emerson Electric in a research note on Tuesday, June 16th. They issued a “neutral” rating and a $145.00 price target on the stock. Finally, BMO Capital Markets boosted their price target on Emerson Electric from $150.00 to $157.00 in a report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $162.96.

Check Out Our Latest Analysis on EMR

Emerson Electric Trading Down 0.2%

Emerson Electric stock opened at $150.29 on Tuesday. The company has a market cap of $84.18 billion, a price-to-earnings ratio of 34.71, a P/E/G ratio of 2.40 and a beta of 1.25. The firm has a 50-day moving average of $141.30 and a 200-day moving average of $141.29. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.87 and a quick ratio of 0.64. Emerson Electric Co. has a one year low of $122.64 and a one year high of $165.15.

Emerson Electric (NYSE:EMRGet Free Report) last issued its earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share for the quarter, topping analysts’ consensus estimates of $1.53 by $0.01. The business had revenue of $4.56 billion for 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 revenue for the quarter was up 2.9% on a year-over-year basis. During the same period in the previous year, the company earned $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. On average, equities analysts expect that Emerson Electric Co. will post 6.49 earnings per share 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 paid a dividend of $0.555 per share. This represents a $2.22 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Friday, May 15th. Emerson Electric’s payout ratio is currently 51.27%.

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.

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

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