Smithbridge Asset Management Inc. DE Boosts Stock Holdings in Emerson Electric Co. $EMR

Smithbridge Asset Management Inc. DE lifted its stake in shares of Emerson Electric Co. (NYSE:EMR) by 183.3% during the fourth quarter, Holdings Channel reports. The fund owned 6,800 shares of the industrial products company’s stock after acquiring an additional 4,400 shares during the period. Smithbridge Asset Management Inc. DE’s holdings in Emerson Electric were worth $902,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Murphy Middleton Hinkle & Parker Inc. increased its holdings in Emerson Electric by 229.1% in the fourth quarter. Murphy Middleton Hinkle & Parker Inc. now owns 46,467 shares of the industrial products company’s stock valued at $6,167,000 after buying an additional 32,346 shares during the last quarter. Vanguard Group Inc. increased its stake in Emerson Electric by 0.4% in the third quarter. Vanguard Group Inc. now owns 54,330,938 shares of the industrial products company’s stock valued at $7,127,132,000 after purchasing an additional 201,040 shares during the last quarter. Wedbush Securities Inc. increased its stake in Emerson Electric by 88.4% in the third quarter. Wedbush Securities Inc. now owns 19,197 shares of the industrial products company’s stock valued at $2,518,000 after purchasing an additional 9,009 shares during the last quarter. Caprock Group LLC purchased a new position in Emerson Electric in the third quarter valued at approximately $3,359,000. Finally, Prospera Financial Services Inc increased its stake in Emerson Electric by 25.8% in the third quarter. Prospera Financial Services Inc now owns 73,554 shares of the industrial products company’s stock valued at $9,651,000 after purchasing an additional 15,078 shares during the last quarter. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Emerson Electric Stock Performance

Shares of EMR opened at $137.16 on Thursday. The company has a current ratio of 0.87, a quick ratio of 0.64 and a debt-to-equity ratio of 0.37. The firm has a market cap of $76.82 billion, a PE ratio of 31.68, a price-to-earnings-growth ratio of 2.27 and a beta of 1.25. The company’s 50 day simple moving average is $139.29 and its 200-day simple moving average is $140.35. Emerson Electric Co. has a 12-month low of $122.64 and a 12-month high of $165.15.

Emerson Electric (NYSE:EMR) last released its quarterly earnings results 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. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The firm had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.59 billion. During the same quarter last year, the company posted $1.48 earnings per share. The business’s revenue was up 2.9% on a year-over-year basis. 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, equities analysts predict that Emerson Electric Co. will post 6.49 EPS for the current year.

Emerson Electric Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were issued 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 1.6%. Emerson Electric’s dividend payout ratio (DPR) is currently 51.27%.

Wall Street Analyst Weigh In

Several brokerages have commented on EMR. Royal Bank Of Canada increased their price target on shares of Emerson Electric from $161.00 to $169.00 and gave the company an “outperform” rating in a research note on Wednesday, May 6th. Wells Fargo & Company raised their price objective on Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Emerson Electric in a report on Monday, May 4th. Barclays raised their price objective on Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Finally, Loop Capital raised their price objective on Emerson Electric from $155.00 to $180.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Thirteen analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $163.77.

About Emerson Electric

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.