Y Intercept Hong Kong Ltd purchased a new stake in shares of Emerson Electric Co. (NYSE:EMR – Free Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 218,790 shares of the industrial products company’s stock, valued at approximately $28,666,000. Emerson Electric comprises 0.5% of Y Intercept Hong Kong Ltd’s portfolio, making the stock its 8th largest position.
A number of other hedge funds have also recently made changes to their positions in EMR. Norges Bank purchased a new stake in shares of Emerson Electric in the 4th quarter valued at $1,050,040,000. Ameriprise Financial Inc. lifted its stake in Emerson Electric by 185.7% in the third quarter. Ameriprise Financial Inc. now owns 3,192,982 shares of the industrial products company’s stock worth $418,730,000 after purchasing an additional 2,075,425 shares during the last quarter. Bank of New York Mellon Corp boosted its position in Emerson Electric by 17.8% during the fourth quarter. Bank of New York Mellon Corp now owns 6,198,148 shares of the industrial products company’s stock valued at $822,618,000 after buying an additional 938,051 shares during the period. Fisher Asset Management LLC boosted its position in Emerson Electric by 14.8% during the fourth quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company’s stock valued at $954,405,000 after buying an additional 928,548 shares during the period. Finally, Schroder Investment Management Group grew its stake in shares of Emerson Electric by 13.5% during the third quarter. Schroder Investment Management Group now owns 7,205,569 shares of the industrial products company’s stock valued at $945,227,000 after buying an additional 859,171 shares during the last quarter. 74.30% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on the company. Wolfe Research lowered their target price on Emerson Electric from $176.00 to $169.00 and set an “outperform” rating for the company in a research note on Wednesday, April 8th. Daiwa Securities Group reduced their price target on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a research report on Friday, May 15th. Barclays boosted their price objective on Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Wells Fargo & Company increased their price objective on Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Finally, DA Davidson assumed coverage on shares of Emerson Electric in a report on Tuesday, June 16th. They issued a “neutral” rating and a $145.00 target price on the stock. One investment 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 company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $163.32.
Emerson Electric Stock Performance
Emerson Electric stock opened at $139.06 on Friday. 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 firm has a market cap of $77.89 billion, a P/E ratio of 32.12, a P/E/G ratio of 2.23 and a beta of 1.25. Emerson Electric Co. has a 1-year low of $122.64 and a 1-year high of $165.15. The firm has a 50-day moving average of $141.04 and a 200-day moving average of $141.61.
Emerson Electric (NYSE:EMR – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.01. The company had revenue of $4.56 billion for the quarter, compared to the consensus estimate of $4.59 billion. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.Emerson Electric’s revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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. Sell-side analysts expect that Emerson Electric Co. will post 6.49 EPS for the current year.
Emerson Electric Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were paid a dividend of $0.555 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $2.22 annualized dividend and a dividend yield of 1.6%. Emerson Electric’s payout ratio is 51.27%.
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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