Emerson Electric Co. $EMR Shares Acquired by Bank of New York Mellon Corp

Bank of New York Mellon Corp lifted its position in shares of Emerson Electric Co. (NYSE:EMRFree Report) by 17.8% during the fourth quarter, HoldingsChannel reports. The firm owned 6,198,148 shares of the industrial products company’s stock after purchasing an additional 938,051 shares during the quarter. Bank of New York Mellon Corp’s holdings in Emerson Electric were worth $822,618,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in EMR. Darwin Wealth Management LLC acquired a new position in shares of Emerson Electric during the second quarter worth $29,000. Ares Financial Consulting LLC acquired a new stake in Emerson Electric in the fourth quarter valued at $29,000. Wealth Watch Advisors INC acquired a new stake in Emerson Electric in the third quarter valued at $33,000. Steph & Co. acquired a new stake in Emerson Electric in the fourth quarter valued at $33,000. Finally, Strategic Wealth Advisors LLC acquired a new stake in Emerson Electric in the fourth quarter valued at $41,000. 74.30% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. BMO Capital Markets upped their price target on shares of Emerson Electric from $150.00 to $157.00 in a report on Friday, May 8th. KeyCorp boosted their target price on shares of Emerson Electric from $155.00 to $185.00 and gave the company an “overweight” rating in a research note on Thursday, February 5th. Wells Fargo & Company boosted their target price on shares of Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Barclays boosted 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, Evercore boosted their target price on shares of Emerson Electric from $170.00 to $185.00 and gave the company an “outperform” rating in a research note on Thursday, February 5th. Twelve investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $163.24.

Read Our Latest Analysis on EMR

Emerson Electric Stock Down 0.6%

EMR stock opened at $141.18 on Thursday. 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 Co. has a fifty-two week low of $120.46 and a fifty-two week high of $165.15. The firm’s 50-day simple moving average is $138.02 and its 200 day simple moving average is $139.89. The stock has a market cap of $79.07 billion, a PE ratio of 32.60, a price-to-earnings-growth ratio of 2.27 and a beta of 1.25.

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

Emerson Electric Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 15th will be given a $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Friday, May 15th. Emerson Electric’s dividend payout ratio is currently 51.27%.

Insider Transactions at Emerson Electric

In related news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $142.32, for a total value of $811,224.00. Following the completion of the transaction, the chief executive officer owned 281,393 shares in the company, valued at $40,047,851.76. This represents a 1.99% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 0.23% of the stock is owned by corporate insiders.

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.

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

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