Allspring Global Investments Holdings LLC grew its stake in Emerson Electric Co. (NYSE:EMR – Free Report) by 2.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 409,771 shares of the industrial products company’s stock after purchasing an additional 11,339 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Emerson Electric were worth $54,241,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Emerson Electric during the 4th quarter worth $1,050,040,000. Bank of New York Mellon Corp boosted its position in shares of Emerson Electric by 17.8% during the 4th quarter. Bank of New York Mellon Corp now owns 6,198,148 shares of the industrial products company’s stock worth $822,618,000 after purchasing an additional 938,051 shares during the period. Fisher Asset Management LLC increased its holdings in Emerson Electric by 14.8% in the 4th quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company’s stock valued at $954,405,000 after purchasing an additional 928,548 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich boosted its position in shares of Emerson Electric by 97.6% during the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,707,873 shares of the industrial products company’s stock worth $227,783,000 after buying an additional 843,526 shares during the period. Finally, Boston Partners raised its holdings in shares of Emerson Electric by 34.0% in the 3rd quarter. Boston Partners now owns 2,860,894 shares of the industrial products company’s stock valued at $375,547,000 after buying an additional 726,477 shares during the period. 74.30% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
EMR has been the topic of a number of research reports. Barclays increased their target price on shares of Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Daiwa Securities Group cut their price objective on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a research report on Friday, May 15th. Sanford C. Bernstein assumed coverage on Emerson Electric in a report on Wednesday, June 10th. They set an “outperform” rating and a $175.00 price target on the stock. Royal Bank Of Canada lifted 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. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Emerson Electric in a research report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $162.64.
Emerson Electric Stock Up 0.2%
Emerson Electric stock opened at $139.39 on Friday. The company has a market capitalization of $78.07 billion, a P/E ratio of 32.19, a PEG ratio of 2.23 and a beta of 1.25. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.64 and a current ratio of 0.87. Emerson Electric Co. has a fifty-two week low of $122.64 and a fifty-two week high of $165.15. The stock has a 50-day simple moving average of $140.35 and a 200-day simple moving average of $141.81.
Emerson Electric (NYSE:EMR – Get Free Report) last released its quarterly 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. 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 for the quarter, compared to the consensus estimate of $4.59 billion. During the same quarter last year, the business posted $1.48 EPS. The firm’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. Equities research analysts expect that Emerson Electric Co. will post 6.49 earnings per share for the current year.
Emerson Electric Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th were given a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Friday, May 15th. Emerson Electric’s dividend payout ratio (DPR) 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.
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