Assenagon Asset Management S.A. Cuts Stock Position in Emerson Electric Co. $EMR

Assenagon Asset Management S.A. decreased its holdings in Emerson Electric Co. (NYSE:EMR) by 48.4% in the 1st quarter, HoldingsChannel reports. The firm owned 283,097 shares of the industrial products company’s stock after selling 265,726 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Emerson Electric were worth $37,091,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Basso Capital Management L.P. purchased a new stake in shares of Emerson Electric in the 4th quarter valued at approximately $25,000. IFC & Insurance Marketing Inc. purchased a new stake in Emerson Electric in the fourth quarter valued at approximately $27,000. Motiv8 Investments LLC purchased a new stake in shares of Emerson Electric in the fourth quarter valued at about $27,000. Darwin Wealth Management LLC purchased a new position in shares of Emerson Electric during the second quarter worth about $29,000. Finally, Ares Financial Consulting LLC acquired a new position in Emerson Electric in the 4th quarter valued at about $29,000. 74.30% of the stock is owned by institutional investors and hedge funds.

Emerson Electric Stock Down 1.0%

EMR opened at $143.84 on Friday. 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 market cap of $80.57 billion, a price-to-earnings ratio of 33.22, a PEG ratio of 2.32 and a beta of 1.25. Emerson Electric Co. has a one year low of $122.64 and a one year high of $165.15. The business’s fifty day moving average is $141.31 and its two-hundred day moving average is $141.45.

Emerson Electric (NYSE:EMR) last announced its earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.01. The company had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.59 billion. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The firm’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the business 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. Analysts anticipate that Emerson Electric Co. will post 6.49 EPS for the current fiscal 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 given a $0.555 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.5%. Emerson Electric’s payout ratio is currently 51.27%.

Analyst Upgrades and Downgrades

EMR has been the subject of a number of recent research reports. BMO Capital Markets increased their price objective on Emerson Electric from $150.00 to $157.00 in a research report on Friday, May 8th. Jefferies Financial Group initiated coverage on Emerson Electric in a report on Tuesday, March 31st. They issued a “buy” rating and a $175.00 target price on the stock. Barclays increased their price target on Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Sanford C. Bernstein assumed coverage on shares of Emerson Electric in a research note on Wednesday, June 10th. They issued an “outperform” rating and a $175.00 price objective on the stock. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Emerson Electric in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $162.96.

Emerson Electric 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.