WealthPLAN Partners LLC Sells 7,280 Shares of Emerson Electric Co. $EMR

WealthPLAN Partners LLC decreased its stake in shares of Emerson Electric Co. (NYSE:EMRFree Report) by 27.7% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 19,007 shares of the industrial products company’s stock after selling 7,280 shares during the quarter. WealthPLAN Partners LLC’s holdings in Emerson Electric were worth $2,490,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of EMR. Norges Bank bought a new stake in shares of Emerson Electric during the fourth quarter worth approximately $1,050,040,000. Ameriprise Financial Inc. increased its stake in shares of Emerson Electric by 185.7% during 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 period. Bank of New York Mellon Corp lifted its holdings in Emerson Electric by 17.8% during the 4th quarter. Bank of New York Mellon Corp now owns 6,198,148 shares of the industrial products company’s stock worth $822,618,000 after purchasing an additional 938,051 shares during the last quarter. Fisher Asset Management LLC boosted its stake in Emerson Electric by 14.8% in the 4th quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company’s stock valued at $954,405,000 after purchasing an additional 928,548 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich grew its holdings in Emerson Electric by 97.6% in the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,707,873 shares of the industrial products company’s stock valued at $227,783,000 after buying an additional 843,526 shares in the last quarter. 74.30% of the stock is owned by institutional investors.

Emerson Electric Stock Performance

EMR opened at $137.88 on Wednesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.64 and a current ratio of 0.87. Emerson Electric Co. has a 52-week low of $122.64 and a 52-week high of $165.15. The firm has a market cap 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 business’s fifty day moving average is $140.88 and its 200-day moving average 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 business had revenue of $4.56 billion during 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%. Emerson Electric’s revenue was up 2.9% compared to the same quarter last year. During the same quarter in the prior 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. Sell-side analysts expect that Emerson Electric Co. will post 6.49 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were issued a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Friday, May 15th. Emerson Electric’s dividend payout ratio is 51.27%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Sanford C. Bernstein started coverage on Emerson Electric in a report on Wednesday, June 10th. They set an “outperform” rating and a $175.00 target price for the company. Wells Fargo & Company raised their price target on shares of Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. DA Davidson initiated coverage on shares of Emerson Electric in a research note on Tuesday, June 16th. They issued a “neutral” rating and a $145.00 price objective for the company. Royal Bank Of Canada boosted their price objective on shares of Emerson Electric from $161.00 to $169.00 and gave the company an “outperform” rating in a report on Wednesday, May 6th. Finally, Wolfe Research lowered their target price on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating on the stock in a report on Wednesday, April 8th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued 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, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $163.32.

Read Our Latest Analysis on EMR

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

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

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