Burney Co. decreased its stake in shares of Emerson Electric Co. (NYSE:EMR – Free Report) by 20.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,382 shares of the industrial products company’s stock after selling 4,132 shares during the quarter. Burney Co.’s holdings in Emerson Electric were worth $2,146,000 at the end of the most recent quarter.
Other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC increased its holdings in shares of Emerson Electric by 74.1% during the fourth quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company’s stock valued at $1,412,000 after acquiring an additional 4,850 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in Emerson Electric in the 1st quarter worth about $232,000. Caxton Associates LLP bought a new stake in Emerson Electric during the 1st quarter valued at about $275,000. Sivia Capital Partners LLC purchased a new position in Emerson Electric in the second quarter worth about $203,000. Finally, Jump Financial LLC lifted its stake in shares of Emerson Electric by 121.5% in the second quarter. Jump Financial LLC now owns 10,543 shares of the industrial products company’s stock worth $1,406,000 after buying an additional 5,783 shares in the last quarter. 74.30% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on the stock. Wolfe Research reduced their price target on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating for the company in a research report on Wednesday, April 8th. BMO Capital Markets upped their price objective on Emerson Electric from $150.00 to $157.00 in a research report on Friday, May 8th. Sanford C. Bernstein began coverage on Emerson Electric in a report on Wednesday, June 10th. They issued an “outperform” rating and a $175.00 target price for the company. Daiwa Securities Group decreased their price target on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a research note on Friday, May 15th. Finally, Barclays upped their price target on Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Emerson Electric presently has an average rating of “Moderate Buy” and a consensus target price of $163.32.
Emerson Electric Trading Down 2.6%
NYSE:EMR opened at $137.88 on Wednesday. The company has a market cap of $77.23 billion, a PE ratio of 31.84, a price-to-earnings-growth ratio of 2.26 and a beta of 1.25. The company has a current ratio of 0.87, a quick ratio of 0.64 and a debt-to-equity ratio of 0.37. The company has a 50 day simple moving average of $140.88 and a two-hundred day simple moving average of $141.71. Emerson Electric Co. has a 12 month low of $122.64 and a 12 month high of $165.15.
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 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 for the quarter, compared to analysts’ expectations of $4.59 billion. During the same period in the prior year, the firm earned $1.48 EPS. The company’s 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. Research analysts forecast that Emerson Electric Co. will post 6.49 earnings per share for the current year.
Emerson Electric Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders 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 1.6%. The ex-dividend date was Friday, May 15th. Emerson Electric’s payout ratio is currently 51.27%.
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.
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