Burney Co. decreased its stake in Emerson Electric Co. (NYSE:EMR – Free Report) by 20.1% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 16,382 shares of the industrial products company’s stock after selling 4,132 shares during the period. Burney Co.’s holdings in Emerson Electric were worth $2,146,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also recently made changes to their positions in the company. Basso Capital Management L.P. purchased a new stake in Emerson Electric in the 4th quarter worth approximately $25,000. IFC & Insurance Marketing Inc. purchased a new position in Emerson Electric during the fourth quarter valued at approximately $27,000. Motiv8 Investments LLC bought a new position in shares of Emerson Electric in the fourth quarter worth approximately $27,000. Ares Financial Consulting LLC bought a new stake in shares of Emerson Electric during the 4th quarter valued at $29,000. Finally, Darwin Wealth Management LLC purchased a new position in shares of Emerson Electric during the 2nd quarter valued at $29,000. 74.30% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several equities analysts have recently commented on the company. BMO Capital Markets boosted their price objective on Emerson Electric from $150.00 to $157.00 in a research report on Friday, May 8th. Sanford C. Bernstein assumed coverage on Emerson Electric in a research note on Wednesday, June 10th. They issued an “outperform” rating and a $175.00 price target for the company. DA Davidson assumed coverage on shares of Emerson Electric in a research report on Tuesday, June 16th. They set a “neutral” rating and a $145.00 price objective on the stock. Daiwa Securities Group dropped their target price on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a research report on Friday, May 15th. Finally, Royal Bank Of Canada boosted their price target on shares of Emerson Electric from $161.00 to $169.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Emerson Electric has a consensus rating of “Moderate Buy” and an average price target of $163.32.
Emerson Electric Price Performance
EMR stock opened at $137.88 on Wednesday. Emerson Electric Co. has a 52 week low of $122.64 and a 52 week high of $165.15. The firm has a market capitalization of $77.23 billion, a P/E ratio of 31.84, a price-to-earnings-growth ratio of 2.26 and a beta of 1.25. The company has a fifty day simple moving average of $140.88 and a two-hundred day simple moving average of $141.71. 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 announced its earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.01. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. 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 company earned $1.48 EPS. The business’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. Analysts anticipate that Emerson Electric Co. will post 6.49 earnings per share for the current fiscal year.
Emerson Electric Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were paid a $0.555 dividend. This represents a $2.22 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Friday, May 15th. Emerson Electric’s dividend payout ratio (DPR) is presently 51.27%.
About Emerson Electric
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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