United Bank boosted its stake in shares of Emerson Electric Co. (NYSE:EMR – Free Report) by 128.1% in the first quarter, HoldingsChannel reports. The firm owned 12,467 shares of the industrial products company’s stock after purchasing an additional 7,001 shares during the quarter. United Bank’s holdings in Emerson Electric were worth $1,633,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors also recently modified their holdings of the company. Basso Capital Management L.P. bought a new stake in shares of Emerson Electric during the 4th quarter worth about $25,000. IFC & Insurance Marketing Inc. bought a new position in Emerson Electric in the 4th quarter valued at about $27,000. Motiv8 Investments LLC acquired a new stake in Emerson Electric during the fourth quarter worth approximately $27,000. Ares Financial Consulting LLC bought a new stake in shares of Emerson Electric during the fourth quarter worth approximately $29,000. Finally, Darwin Wealth Management LLC acquired a new position in shares of Emerson Electric in the second quarter valued at approximately $29,000. 74.30% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on EMR shares. BMO Capital Markets lifted their price target on Emerson Electric from $150.00 to $157.00 in a report on Friday, May 8th. Royal Bank Of Canada upped their price objective on Emerson Electric from $161.00 to $169.00 and gave the company an “outperform” rating in a report on Wednesday, May 6th. DA Davidson initiated coverage on Emerson Electric in a report on Tuesday, June 16th. They set a “neutral” rating and a $145.00 target price for the company. Sanford C. Bernstein assumed coverage on shares of Emerson Electric in a research report on Wednesday, June 10th. They issued an “outperform” rating and a $175.00 target price for the company. Finally, Wells Fargo & Company upped 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. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Emerson Electric presently has a consensus rating of “Moderate Buy” and a consensus price target of $163.32.
Emerson Electric Price Performance
NYSE:EMR traded up $1.10 during trading hours on Friday, reaching $138.90. 1,563,376 shares of the company were exchanged, compared to its average volume of 2,681,216. The business has a 50 day moving average of $140.81 and a 200 day moving average of $141.76. Emerson Electric Co. has a 1-year low of $122.64 and a 1-year high of $165.15. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.87 and a quick ratio of 0.64. The company has a market capitalization of $77.80 billion, a P/E ratio of 32.08, a P/E/G ratio of 2.22 and a beta of 1.25.
Emerson Electric (NYSE:EMR – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.01. The firm had revenue of $4.56 billion during 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 company’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same period in the previous year, the firm 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. Research analysts forecast that Emerson Electric Co. will post 6.49 EPS for the current year.
Emerson Electric Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were given 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 yield of 1.6%. Emerson Electric’s dividend payout ratio is currently 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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