Cvfg LLC Makes New $1.35 Million Investment in Emerson Electric Co. $EMR

Cvfg LLC acquired a new position in shares of Emerson Electric Co. (NYSE:EMRFree Report) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 10,307 shares of the industrial products company’s stock, valued at approximately $1,350,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in Emerson Electric by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 54,909,180 shares of the industrial products company’s stock valued at $7,287,546,000 after purchasing an additional 578,242 shares during the last quarter. State Street Corp increased its stake in shares of 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 purchasing an additional 541,887 shares during the period. Geode Capital Management LLC raised its holdings in shares of Emerson Electric by 0.6% during the fourth 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 buying an additional 76,488 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of Emerson Electric by 1.3% during the fourth quarter. Wells Fargo & Company MN now owns 10,840,109 shares of the industrial products company’s stock worth $1,438,699,000 after buying an additional 134,049 shares during the period. Finally, Norges Bank bought a new position in Emerson Electric in the 4th quarter worth approximately $1,050,040,000. 74.30% of the stock is currently owned by institutional investors.

Emerson Electric Trading Down 2.6%

Shares of EMR opened at $137.88 on Wednesday. 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 Co. has a 1-year low of $122.64 and a 1-year high of $165.15. The stock has a market capitalization of $77.23 billion, a P/E ratio of 31.84, a P/E/G ratio of 2.26 and a beta of 1.25. The business’s 50-day moving average price is $140.88 and its 200 day moving average price is $141.71.

Emerson Electric (NYSE:EMRGet Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.01. The firm had revenue of $4.56 billion for 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 company’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.48 EPS. 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. 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 paid a $0.555 dividend. This represents a $2.22 annualized dividend and a yield of 1.6%. The ex-dividend date was Friday, May 15th. Emerson Electric’s dividend payout ratio is currently 51.27%.

Analyst Ratings Changes

EMR has been the topic of a number of recent analyst reports. BMO Capital Markets lifted their price objective on shares of Emerson Electric from $150.00 to $157.00 in a research note on Friday, May 8th. Royal Bank Of Canada raised their target price on shares of Emerson Electric from $161.00 to $169.00 and gave the company an “outperform” rating in a research note on Wednesday, May 6th. Sanford C. Bernstein initiated coverage on shares of Emerson Electric in a research note on Wednesday, June 10th. They issued an “outperform” rating and a $175.00 price target for the company. Wolfe Research decreased their price objective on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating for the company in a report on Wednesday, April 8th. Finally, Wells Fargo & Company boosted their target price on Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. 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 given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $163.32.

Check Out Our Latest Stock Report on Emerson Electric

Emerson Electric Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Emerson Electric (NYSE:EMR)

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