Cerity Partners LLC Increases Stock Position in Emerson Electric Co. $EMR

Cerity Partners LLC lifted its holdings in shares of Emerson Electric Co. (NYSE:EMRFree Report) by 4.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 783,721 shares of the industrial products company’s stock after purchasing an additional 30,163 shares during the quarter. Cerity Partners LLC’s holdings in Emerson Electric were worth $104,016,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Ares Financial Consulting LLC purchased a new position in Emerson Electric in the 4th quarter valued at $29,000. Darwin Wealth Management LLC purchased a new position in Emerson Electric in the 2nd quarter valued at $29,000. Steph & Co. purchased a new position in Emerson Electric in the 4th quarter valued at $33,000. Wealth Watch Advisors INC purchased a new position in Emerson Electric in the 3rd quarter valued at $33,000. Finally, Strategic Wealth Advisors LLC purchased a new position in Emerson Electric in the 4th quarter valued at $41,000. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

EMR has been the topic of a number of analyst reports. Wolfe Research lowered their price objective on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 8th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Emerson Electric in a research report on Monday, May 4th. Royal Bank Of Canada lifted their price objective on shares of Emerson Electric from $161.00 to $169.00 and gave the company an “outperform” rating in a research report on Wednesday, May 6th. Daiwa Securities Group reduced their target price on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a report on Friday, May 15th. Finally, Barclays raised their target price on Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Twelve equities research 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 data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $163.24.

View Our Latest Research Report on Emerson Electric

Emerson Electric Price Performance

Emerson Electric stock opened at $142.35 on Wednesday. Emerson Electric Co. has a one year low of $122.64 and a one year high of $165.15. 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 business has a fifty day moving average of $139.02 and a two-hundred day moving average of $140.26. The company has a market cap of $79.73 billion, a P/E ratio of 32.88, a price-to-earnings-growth ratio of 2.22 and a beta of 1.25.

Emerson Electric (NYSE:EMRGet Free Report) last released its earnings results on Tuesday, May 5th. The industrial products company reported $1.54 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.01. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The company had revenue of $4.56 billion during the quarter, compared to the consensus estimate of $4.59 billion. During the same quarter last year, the company earned $1.48 earnings per share. Emerson Electric’s quarterly 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. As a group, analysts predict that Emerson Electric Co. will post 6.49 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

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

About Emerson Electric

(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

Want to see what other hedge funds are holding EMR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Emerson Electric Co. (NYSE:EMRFree Report).

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

Receive News & Ratings for Emerson Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerson Electric and related companies with MarketBeat.com's FREE daily email newsletter.