Cetera Investment Advisers increased its holdings in Emerson Electric Co. (NYSE:EMR – Free Report) by 1.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 330,019 shares of the industrial products company’s stock after purchasing an additional 3,906 shares during the quarter. Cetera Investment Advisers owned approximately 0.06% of Emerson Electric worth $43,239,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also bought and sold shares of EMR. Vanguard Group Inc. raised its holdings in shares of Emerson Electric by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 54,909,180 shares of the industrial products company’s stock valued at $7,287,546,000 after acquiring an additional 578,242 shares in the last quarter. State Street Corp boosted its holdings in Emerson Electric by 2.0% in the fourth quarter. State Street Corp now owns 27,483,440 shares of the industrial products company’s stock valued at $3,647,602,000 after acquiring an additional 541,887 shares in the last quarter. Geode Capital Management LLC increased its position in Emerson Electric by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 12,328,324 shares of the industrial products company’s stock valued at $1,628,638,000 after purchasing an additional 76,488 shares during the period. Wells Fargo & Company MN raised its holdings in Emerson Electric by 1.3% in the 4th quarter. Wells Fargo & Company MN now owns 10,840,109 shares of the industrial products company’s stock worth $1,438,699,000 after purchasing an additional 134,049 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Emerson Electric in the 4th quarter worth about $1,050,040,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts recently issued reports on EMR shares. Jefferies Financial Group assumed coverage on shares of Emerson Electric in a research note on Tuesday, March 31st. They issued a “buy” rating and a $175.00 price target for the company. BMO Capital Markets upped their price target on Emerson Electric from $150.00 to $157.00 in a research note on Friday, May 8th. DA Davidson started coverage on Emerson Electric in a report on Tuesday, June 16th. They issued a “neutral” rating and a $145.00 price objective for the company. Sanford C. Bernstein lowered their price objective on Emerson Electric from $175.00 to $169.00 and set an “outperform” rating for the company in a research report on Monday, July 20th. Finally, Wells Fargo & Company upped their target price on shares of Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Emerson Electric presently has a consensus rating of “Moderate Buy” and an average price target of $162.36.
Emerson Electric Stock Up 2.1%
EMR stock opened at $147.94 on Friday. Emerson Electric Co. has a twelve month low of $122.64 and a twelve month high of $165.15. The firm has a market cap of $82.86 billion, a PE ratio of 34.17, a price-to-earnings-growth ratio of 2.36 and a beta of 1.25. The business has a 50 day moving average of $140.81 and a 200 day moving average of $142.07. The company has a quick ratio of 0.64, a current ratio of 0.87 and a debt-to-equity ratio of 0.37.
Emerson Electric (NYSE:EMR – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $4.59 billion. During the same period last year, the company earned $1.48 earnings per share. The company’s revenue was up 2.9% on a year-over-year basis. 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, research analysts forecast that Emerson Electric Co. will post 6.49 EPS for the current fiscal year.
Emerson Electric Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were issued a dividend of $0.555 per share. The ex-dividend date was Friday, May 15th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.5%. 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.
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