Newport Trust Company LLC trimmed its stake in shares of Emerson Electric Co. (NYSE:EMR – Free Report) by 3.2% in the fourth quarter, HoldingsChannel reports. The firm owned 4,483,714 shares of the industrial products company’s stock after selling 146,409 shares during the quarter. Emerson Electric accounts for about 1.4% of Newport Trust Company LLC’s holdings, making the stock its 15th largest holding. Newport Trust Company LLC’s holdings in Emerson Electric were worth $595,079,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Global Retirement Partners LLC boosted its position in Emerson Electric by 16.2% during the fourth quarter. Global Retirement Partners LLC now owns 17,666 shares of the industrial products company’s stock worth $2,345,000 after purchasing an additional 2,464 shares during the period. Griffin Asset Management Inc. lifted its holdings in shares of Emerson Electric by 0.8% during the fourth quarter. Griffin Asset Management Inc. now owns 19,169 shares of the industrial products company’s stock worth $2,544,000 after buying an additional 154 shares in the last quarter. Leonteq Securities AG acquired a new stake in shares of Emerson Electric during the fourth quarter worth $3,237,000. ABN Amro Investment Solutions lifted its holdings in shares of Emerson Electric by 49.8% during the fourth quarter. ABN Amro Investment Solutions now owns 60,914 shares of the industrial products company’s stock worth $8,085,000 after buying an additional 20,246 shares in the last quarter. Finally, Little House Capital LLC lifted its holdings in shares of Emerson Electric by 124.1% during the fourth quarter. Little House Capital LLC now owns 17,770 shares of the industrial products company’s stock worth $2,358,000 after buying an additional 9,841 shares in the last quarter. 74.30% of the stock is owned by institutional investors.
Analyst Ratings Changes
EMR has been the subject of a number of research reports. Wolfe Research dropped their target price on Emerson Electric from $176.00 to $169.00 and set an “outperform” rating for the company in a report on Wednesday, April 8th. Evercore lifted their target price on Emerson Electric from $170.00 to $185.00 and gave the stock an “outperform” rating in a report on Thursday, February 5th. KeyCorp lifted their target price on Emerson Electric from $155.00 to $185.00 and gave the stock an “overweight” rating in a report on Thursday, February 5th. HSBC lifted their target price on Emerson Electric from $165.00 to $170.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Finally, Citigroup lifted their target price on Emerson Electric from $165.00 to $174.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. Twelve analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $163.24.
Emerson Electric Stock Performance
NYSE:EMR opened at $135.05 on Friday. The stock has a market cap of $75.64 billion, a P/E ratio of 31.19, a price-to-earnings-growth ratio of 2.12 and a beta of 1.26. 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 stock’s 50-day moving average is $136.47 and its 200-day moving average is $139.38. Emerson Electric Co. has a 1-year low of $114.83 and a 1-year 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, topping the consensus estimate of $1.53 by $0.01. The company had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $4.59 billion. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The business’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.48 earnings per share. 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 anticipate 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 will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th will be issued a dividend of $0.555 per share. This represents a $2.22 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Friday, May 15th. Emerson Electric’s payout ratio is 51.27%.
Insider Buying and Selling at Emerson Electric
In other news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the business’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $142.32, for a total transaction of $811,224.00. Following the sale, the chief executive officer directly owned 281,393 shares in the company, valued at approximately $40,047,851.76. The trade was a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.23% of the company’s stock.
Emerson Electric Company 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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