Royal Bank of Canada decreased its holdings in Emerson Electric Co. (NYSE:EMR – Free Report) by 10.3% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,270,471 shares of the industrial products company’s stock after selling 262,087 shares during the quarter. Royal Bank of Canada’s holdings in Emerson Electric were worth $297,477,000 as of its most recent filing with the SEC.
A number of other large investors also recently modified their holdings of the business. Basso Capital Management L.P. acquired a new stake in Emerson Electric in the fourth quarter worth about $25,000. IFC & Insurance Marketing Inc. acquired a new position in Emerson Electric during the 4th quarter valued at about $27,000. Motiv8 Investments LLC bought a new stake in shares of Emerson Electric during the 4th quarter worth about $27,000. Ares Financial Consulting LLC acquired a new stake in shares of Emerson Electric in the 4th quarter worth approximately $29,000. Finally, Darwin Wealth Management LLC bought 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 and hedge funds.
Wall Street Analyst Weigh In
EMR has been the topic of a number of research 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 note on Wednesday, April 8th. DA Davidson assumed coverage on Emerson Electric in a research note on Tuesday, June 16th. They set a “neutral” rating and a $145.00 price target for the company. KeyCorp lowered their price target on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a research report on Monday, July 13th. Barclays upped their price objective on Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Finally, Wells Fargo & Company raised their target price on Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Thirteen equities 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, the stock has an average rating of “Moderate Buy” and a consensus price target of $162.36.
Emerson Electric Stock Down 4.0%
EMR stock opened at $145.81 on Thursday. The firm has a market cap of $81.67 billion, a PE ratio of 33.68, a P/E/G ratio of 2.43 and a beta of 1.25. Emerson Electric Co. has a 12 month low of $122.64 and a 12 month 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 firm has a 50 day simple moving average of $141.83 and a 200 day simple moving average of $142.17.
Emerson Electric (NYSE:EMR – Get Free Report) last posted its quarterly earnings results 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. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The firm had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.59 billion. During the same quarter in the previous year, the business posted $1.48 earnings per share. The firm’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. Equities research analysts forecast that Emerson Electric Co. will post 6.49 earnings per share for the current fiscal year.
Emerson Electric Announces Dividend
The business also recently announced 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 of this dividend was Friday, May 15th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.5%. Emerson Electric’s payout ratio is 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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