Emerson Electric Co. $EMR Shares Bought by Canoe Financial LP

Canoe Financial LP boosted its stake in Emerson Electric Co. (NYSE:EMR) by 2.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 245,425 shares of the industrial products company’s stock after acquiring an additional 5,579 shares during the period. Canoe Financial LP’s holdings in Emerson Electric were worth $32,156,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC lifted its stake in Emerson Electric by 74.1% in the fourth quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company’s stock valued at $1,412,000 after buying an additional 4,850 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of Emerson Electric during the first quarter worth approximately $232,000. Caxton Associates LLP purchased a new position in shares of Emerson Electric during the first quarter worth approximately $275,000. Sivia Capital Partners LLC acquired a new position in shares of Emerson Electric in the 2nd quarter valued at $203,000. Finally, Jump Financial LLC raised its position in Emerson Electric by 121.5% in the 2nd quarter. Jump Financial LLC now owns 10,543 shares of the industrial products company’s stock valued at $1,406,000 after purchasing an additional 5,783 shares during the last quarter. Institutional investors and hedge funds own 74.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. BMO Capital Markets raised their price objective on shares of Emerson Electric from $150.00 to $157.00 in a research report on Friday, May 8th. Jefferies Financial Group began coverage on shares of Emerson Electric in a report on Tuesday, March 31st. They issued a “buy” rating and a $175.00 target price for the company. Wells Fargo & Company raised their price target 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 report on Tuesday, June 16th. They issued a “neutral” rating and a $145.00 price target on the stock. Finally, Royal Bank Of Canada upped their price objective on Emerson Electric from $161.00 to $169.00 and gave the company an “outperform” rating in a research note on Wednesday, May 6th. 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $162.96.

Emerson Electric Stock Up 0.2%

Shares of NYSE:EMR opened at $143.84 on Monday. 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 quick ratio of 0.64, a current ratio of 0.87 and a debt-to-equity ratio of 0.37. The firm’s 50-day simple moving average is $141.31 and its 200-day simple moving average is $141.49. The company has a market cap of $80.57 billion, a price-to-earnings ratio of 33.22, a PEG ratio of 2.29 and a beta of 1.25.

Emerson Electric (NYSE:EMR) last posted 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 firm 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 revenue for the quarter was up 2.9% on a year-over-year basis. During the same period in the prior year, the company 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. As a group, equities research analysts predict that Emerson Electric Co. will post 6.49 earnings per share for the current year.

Emerson Electric Dividend Announcement

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 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Friday, May 15th. Emerson Electric’s dividend payout ratio is 51.27%.

About Emerson Electric

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.