Mediolanum International Funds Ltd grew its holdings in shares of Emerson Electric Co. (NYSE:EMR – Free Report) by 138.7% during the first quarter, Holdings Channel reports. The firm owned 21,272 shares of the industrial products company’s stock after purchasing an additional 12,362 shares during the period. Mediolanum International Funds Ltd’s holdings in Emerson Electric were worth $2,623,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of the business. Norges Bank bought a new position in Emerson Electric during the fourth quarter valued at about $1,050,040,000. Bank of New York Mellon Corp boosted its stake in shares of 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 acquiring an additional 938,051 shares in the last quarter. Fisher Asset Management LLC increased its holdings in shares of Emerson Electric by 14.8% during 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 acquiring an additional 928,548 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich increased its holdings in shares of Emerson Electric by 97.6% during 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 acquiring an additional 843,526 shares during the last quarter. Finally, Boston Partners raised its stake in shares of Emerson Electric by 34.0% in the 3rd quarter. Boston Partners now owns 2,860,894 shares of the industrial products company’s stock valued at $375,547,000 after acquiring an additional 726,477 shares in the last quarter. 74.30% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
EMR has been the subject of a number of recent analyst reports. BMO Capital Markets upped their target price on Emerson Electric from $150.00 to $157.00 in a research report on Friday, May 8th. Daiwa Securities Group reduced their price objective on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a research note on Friday, May 15th. Sanford C. Bernstein decreased their price objective on shares of Emerson Electric from $175.00 to $169.00 and set an “outperform” rating for the company in a report on Monday. Barclays raised their target price on shares of Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Finally, Royal Bank Of Canada boosted their target price on shares of Emerson Electric from $161.00 to $169.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 6th. Thirteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Emerson Electric has an average rating of “Moderate Buy” and a consensus target price of $162.36.
Emerson Electric Stock Up 2.0%
Shares of EMR opened at $139.25 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. The company has a 50-day simple moving average of $140.33 and a 200-day simple moving average of $141.91. 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 $78.00 billion, a P/E ratio of 32.16, a P/E/G ratio of 2.18 and a beta of 1.25.
Emerson Electric (NYSE:EMR – Get Free Report) last issued its quarterly 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. The firm had revenue of $4.56 billion for the quarter, compared to analyst estimates 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 company 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. On average, equities research analysts expect that Emerson Electric Co. will post 6.49 earnings per share for the current year.
Emerson Electric Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were given a dividend of $0.555 per share. The ex-dividend date was Friday, May 15th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.6%. Emerson Electric’s payout ratio is currently 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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