Huntington National Bank Has $122.33 Million Stock Holdings in Emerson Electric Co. $EMR

Huntington National Bank boosted its position in Emerson Electric Co. (NYSE:EMRFree Report) by 1.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 921,709 shares of the industrial products company’s stock after buying an additional 11,347 shares during the quarter. Huntington National Bank’s holdings in Emerson Electric were worth $122,329,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Kingsview Wealth Management LLC raised its position in Emerson Electric by 5.4% in the 4th quarter. Kingsview Wealth Management LLC now owns 83,650 shares of the industrial products company’s stock valued at $11,102,000 after buying an additional 4,310 shares during the last quarter. Texas Capital Bank Wealth Management Services Inc raised its position in Emerson Electric by 127.0% in the 4th quarter. Texas Capital Bank Wealth Management Services Inc now owns 11,283 shares of the industrial products company’s stock valued at $1,497,000 after buying an additional 6,312 shares during the last quarter. Geode Capital Management LLC raised its position in Emerson Electric by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 12,328,324 shares of the industrial products company’s stock valued at $1,628,638,000 after buying an additional 76,488 shares during the last quarter. Fidelis Capital Partners LLC raised its position in Emerson Electric by 7.2% in the 4th quarter. Fidelis Capital Partners LLC now owns 17,678 shares of the industrial products company’s stock valued at $2,346,000 after buying an additional 1,186 shares during the last quarter. Finally, Knights of Columbus Asset Advisors LLC raised its position in Emerson Electric by 3.5% in the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 12,663 shares of the industrial products company’s stock valued at $1,681,000 after buying an additional 423 shares during the last quarter. Institutional investors and hedge funds own 74.30% of the company’s stock.

Emerson Electric Trading Down 0.9%

Shares of Emerson Electric stock opened at $139.68 on Thursday. Emerson Electric Co. has a 12-month low of $117.16 and a 12-month high of $165.15. The stock has a market cap of $78.24 billion, a P/E ratio of 32.26, a P/E/G ratio of 2.25 and a beta of 1.26. The company has a quick ratio of 0.64, a current ratio of 0.87 and a debt-to-equity ratio of 0.37. The business’s 50 day moving average is $136.81 and its 200-day moving average is $139.46.

Emerson Electric (NYSE:EMRGet Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.01. The company had revenue of $4.56 billion for 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 business’s revenue was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $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. Equities research analysts predict that Emerson Electric Co. will post 6.49 earnings per share for the current fiscal year.

Emerson Electric Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 15th will be issued a dividend of $0.555 per share. The ex-dividend date of this dividend is 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 presently 51.27%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on EMR shares. HSBC lifted their target price on Emerson Electric from $165.00 to $170.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Rothschild & Co Redburn upped their price objective on Emerson Electric from $154.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday, February 9th. Royal Bank Of Canada upped their price objective on Emerson Electric from $161.00 to $169.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 6th. Evercore upped their price objective on Emerson Electric from $170.00 to $185.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Finally, Citigroup upped their price objective on Emerson Electric from $165.00 to $174.00 and gave the stock a “buy” rating in a research note on Wednesday, February 4th. Twelve equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Emerson Electric presently has an average rating of “Hold” and a consensus price target of $163.24.

View Our Latest Report on EMR

Insider Buying and Selling at Emerson Electric

In related news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $142.32, for a total transaction of $811,224.00. Following the transaction, 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.23% of the company’s stock.

Emerson Electric Company Profile

(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.

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

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