Jefferies Financial Group Inc. acquired a new position in shares of Emerson Electric Co. (NYSE:EMR – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 22,083 shares of the industrial products company’s stock, valued at approximately $2,931,000.
A number of other hedge funds have also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in shares of Emerson Electric by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 54,909,180 shares of the industrial products company’s stock worth $7,287,546,000 after purchasing an additional 578,242 shares during the period. Schroder Investment Management Group boosted its position in shares of Emerson Electric by 13.5% during the 3rd quarter. Schroder Investment Management Group now owns 7,205,569 shares of the industrial products company’s stock worth $945,227,000 after purchasing an additional 859,171 shares during the period. Fisher Asset Management LLC boosted its position in shares of Emerson Electric by 20.6% during the 3rd quarter. Fisher Asset Management LLC now owns 6,262,570 shares of the industrial products company’s stock worth $821,524,000 after purchasing an additional 1,069,122 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Emerson Electric by 29.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 5,260,097 shares of the industrial products company’s stock worth $690,020,000 after purchasing an additional 1,187,974 shares during the period. Finally, Legal & General Group Plc boosted its position in shares of Emerson Electric by 11.9% during the 3rd quarter. Legal & General Group Plc now owns 4,030,406 shares of the industrial products company’s stock worth $528,709,000 after purchasing an additional 429,888 shares during the period. Hedge funds and other institutional investors own 74.30% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have commented on EMR shares. Wells Fargo & Company raised 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 report on Thursday, May 7th. HSBC raised their price target on shares of Emerson Electric from $165.00 to $170.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Daiwa Securities Group decreased their price target 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. BMO Capital Markets raised their price target on shares of Emerson Electric from $150.00 to $157.00 in a research report on Friday, May 8th. Finally, Oppenheimer reissued a “market perform” rating on shares of Emerson Electric in a research report on Tuesday, January 27th. Twelve research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Emerson Electric currently has a consensus rating of “Hold” and a consensus price target of $163.24.
Insider Activity
In other news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of Emerson Electric stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $142.32, for a total transaction of $811,224.00. Following the completion of the sale, the chief executive officer directly owned 281,393 shares of the company’s stock, valued at approximately $40,047,851.76. The trade was a 1.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.23% of the company’s stock.
Emerson Electric Stock Performance
Shares of EMR stock opened at $140.99 on Wednesday. The stock has a market capitalization of $78.97 billion, a PE ratio of 32.56, a P/E/G ratio of 2.18 and a beta of 1.26. The firm has a 50 day moving average of $136.67 and a two-hundred day moving average of $139.40. Emerson Electric Co. has a 52 week low of $117.16 and a 52 week high of $165.15. 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 released its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) 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%. The company’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same period in the previous year, the company 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. On average, research analysts predict that Emerson Electric Co. will post 6.49 EPS for the current fiscal year.
Emerson Electric Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th will be given 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%.
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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