SHP Wealth Management Buys New Position in Emerson Electric Co. $EMR

SHP Wealth Management bought a new stake in Emerson Electric Co. (NYSE:EMRFree Report) during the fourth quarter, Holdings Channel.com reports. The fund bought 3,669 shares of the industrial products company’s stock, valued at approximately $487,000.

Other large investors also recently modified their holdings of the company. Basso Capital Management L.P. acquired a new stake in shares of Emerson Electric in the fourth quarter worth $25,000. IFC & Insurance Marketing Inc. acquired a new position in Emerson Electric during the 4th quarter valued at $27,000. Motiv8 Investments LLC bought a new stake in Emerson Electric in the 4th quarter valued at $27,000. Ares Financial Consulting LLC bought a new stake in Emerson Electric in the 4th quarter valued at $29,000. Finally, Darwin Wealth Management LLC acquired a new stake in Emerson Electric in the 2nd quarter worth $29,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently commented on EMR shares. Wolfe Research cut their price objective on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating for the company in a research report on Wednesday, April 8th. BMO Capital Markets boosted their price target on Emerson Electric from $150.00 to $157.00 in a research note on Friday, May 8th. Daiwa Securities Group cut their price target on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a report on Friday, May 15th. Royal Bank Of Canada lifted their price objective on Emerson Electric from $161.00 to $169.00 and gave the stock an “outperform” rating in a report on Wednesday, May 6th. Finally, Sanford C. Bernstein started coverage on Emerson Electric in a research note on Wednesday, June 10th. They issued an “outperform” rating and a $175.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $162.96.

Check Out Our Latest Stock Analysis on EMR

Emerson Electric Trading Up 0.2%

Shares of EMR opened at $150.99 on Friday. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $165.15. 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 stock has a 50 day simple moving average of $141.19 and a 200-day simple moving average of $141.10. The stock has a market cap of $84.57 billion, a PE ratio of 34.87, a PEG ratio of 2.40 and a beta of 1.25.

Emerson Electric (NYSE:EMRGet Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $1.54 EPS for the quarter, beating the consensus estimate of $1.53 by $0.01. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The business 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 firm earned $1.48 EPS. Emerson Electric’s quarterly 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. On average, sell-side analysts predict that Emerson Electric Co. will post 6.49 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were issued a $0.555 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $2.22 annualized dividend and a dividend yield of 1.5%. Emerson Electric’s dividend payout ratio is presently 51.27%.

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.

See Also

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

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