Absher Wealth Management LLC Has $42.76 Million Position in Emerson Electric Co. $EMR

Absher Wealth Management LLC boosted its holdings in Emerson Electric Co. (NYSE:EMR) by 30.8% during the 1st quarter, HoldingsChannel.com reports. The fund owned 326,327 shares of the industrial products company’s stock after buying an additional 76,875 shares during the period. Emerson Electric makes up 5.0% of Absher Wealth Management LLC’s investment portfolio, making the stock its 2nd largest position. Absher Wealth Management LLC’s holdings in Emerson Electric were worth $42,755,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Basso Capital Management L.P. bought a new position in shares of Emerson Electric during the fourth quarter valued at $25,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of Emerson Electric during the fourth quarter valued at $27,000. Motiv8 Investments LLC bought a new stake in Emerson Electric in the 4th quarter worth about $27,000. Ares Financial Consulting LLC purchased a new position in Emerson Electric in the 4th quarter worth about $29,000. Finally, Darwin Wealth Management LLC bought a new position in Emerson Electric during the 2nd quarter valued at about $29,000. Institutional investors own 74.30% of the company’s stock.

Analysts Set New Price Targets

EMR has been the subject of a number of research analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Emerson Electric in a research note on Monday, May 4th. Wells Fargo & Company raised their target price on shares of Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. Sanford C. Bernstein began coverage on shares of Emerson Electric in a research report on Wednesday, June 10th. They issued an “outperform” rating and a $175.00 target price for the company. Wolfe Research decreased their target price on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating for the company in a research note on Wednesday, April 8th. Finally, BMO Capital Markets increased 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, eleven have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $163.32.

Emerson Electric Stock Up 0.0%

EMR opened at $138.90 on Monday. The firm’s 50 day simple moving average is $140.81 and its two-hundred day simple moving average is $141.81. The company has a market capitalization of $77.80 billion, a PE ratio of 32.08, a PEG ratio of 2.22 and a beta of 1.25. Emerson Electric Co. has a 1-year low of $122.64 and a 1-year high of $165.15. The company has a current ratio of 0.87, a quick ratio of 0.64 and a debt-to-equity ratio of 0.37.

Emerson Electric (NYSE:EMR) last issued its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.01. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The firm had revenue of $4.56 billion during the quarter, compared to the consensus estimate of $4.59 billion. During the same quarter in the previous year, the firm posted $1.48 EPS. The company’s revenue for the quarter 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, equities analysts forecast that Emerson Electric Co. will post 6.49 EPS for the current year.

Emerson Electric Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th were given a $0.555 dividend. The ex-dividend date was Friday, May 15th. This represents a $2.22 dividend on an annualized basis and a yield of 1.6%. Emerson Electric’s dividend payout ratio is presently 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.