Welch Group LLC reduced its stake in Emerson Electric Co. (NYSE:EMR – Free Report) by 2.8% during the 1st quarter, Holdings Channel reports. The firm owned 466,282 shares of the industrial products company’s stock after selling 13,289 shares during the period. Emerson Electric makes up 2.3% of Welch Group LLC’s holdings, making the stock its 19th biggest holding. Welch Group LLC’s holdings in Emerson Electric were worth $61,092,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in EMR. GHP Investment Advisors Inc. increased its holdings in shares of Emerson Electric by 2.9% in the first quarter. GHP Investment Advisors Inc. now owns 103,806 shares of the industrial products company’s stock worth $13,601,000 after acquiring an additional 2,901 shares in the last quarter. Decker Retirement Planning Inc. lifted its holdings in shares of Emerson Electric by 233.5% during the 1st quarter. Decker Retirement Planning Inc. now owns 857 shares of the industrial products company’s stock valued at $112,000 after purchasing an additional 600 shares in the last quarter. OLD National Bancorp IN grew its position in shares of Emerson Electric by 2.9% in the 1st quarter. OLD National Bancorp IN now owns 25,379 shares of the industrial products company’s stock valued at $3,325,000 after purchasing an additional 708 shares during the period. Louisiana State Employees Retirement System bought a new stake in Emerson Electric during the 1st quarter worth approximately $3,747,000. Finally, William B. Walkup & Associates Inc. raised its holdings in Emerson Electric by 1.3% during the 1st quarter. William B. Walkup & Associates Inc. now owns 11,109 shares of the industrial products company’s stock worth $1,456,000 after buying an additional 142 shares during the period. Institutional investors own 74.30% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on EMR. Wells Fargo & Company lifted their price target on shares of Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Jefferies Financial Group assumed coverage on shares of Emerson Electric in a report on Tuesday, March 31st. They set a “buy” rating and a $175.00 price objective on the stock. DA Davidson initiated coverage on shares of Emerson Electric in a research report on Tuesday, June 16th. They issued a “neutral” rating and a $145.00 price objective on the stock. Daiwa Securities Group lowered their target price on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a report on Friday, May 15th. Finally, Wolfe Research dropped their price target on Emerson Electric from $176.00 to $169.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 8th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $162.96.
Emerson Electric Stock Performance
Shares of EMR stock opened at $143.84 on Friday. Emerson Electric Co. has a 12 month low of $122.64 and a 12 month high of $165.15. The company’s fifty day simple moving average is $141.31 and its 200-day simple moving average is $141.45. The firm has a market cap of $80.57 billion, a PE ratio of 33.22, a P/E/G ratio of 2.32 and a beta of 1.25. 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 released its earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.01. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The business had revenue of $4.56 billion during the quarter, compared to the consensus estimate of $4.59 billion. During the same quarter last year, the firm earned $1.48 earnings per share. The firm’s revenue for the quarter 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 EPS for the current fiscal year.
Emerson Electric Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were issued a dividend of $0.555 per share. This represents a $2.22 annualized dividend and a yield of 1.5%. The ex-dividend date was Friday, May 15th. Emerson Electric’s dividend payout ratio is presently 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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