Carnegie Investment Counsel Sells 9,543 Shares of Emerson Electric Co. $EMR

Carnegie Investment Counsel lessened its holdings in Emerson Electric Co. (NYSE:EMR) by 7.5% during the first quarter, HoldingsChannel reports. The fund owned 117,867 shares of the industrial products company’s stock after selling 9,543 shares during the quarter. Carnegie Investment Counsel’s holdings in Emerson Electric were worth $15,443,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Basso Capital Management L.P. bought a new stake in Emerson Electric during the 4th quarter worth approximately $25,000. IFC & Insurance Marketing Inc. bought a new position in shares of Emerson Electric in the fourth quarter valued at approximately $27,000. Motiv8 Investments LLC purchased a new position in shares of Emerson Electric during the fourth quarter valued at approximately $27,000. Ares Financial Consulting LLC bought a new stake in Emerson Electric during the fourth quarter worth $29,000. Finally, Darwin Wealth Management LLC purchased a new stake in Emerson Electric in the 2nd quarter valued at $29,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Emerson Electric Stock Performance

Shares of Emerson Electric stock traded up $1.10 during trading hours on Friday, hitting $138.90. 1,563,376 shares of the company’s stock traded hands, compared to its average volume of 2,681,216. The stock has a market capitalization of $77.80 billion, a price-to-earnings ratio of 32.08, a PEG ratio of 2.22 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 company has a fifty day simple moving average of $140.81 and a 200-day simple moving average of $141.76.

Emerson Electric (NYSE:EMR) last posted its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.01. The company had revenue of $4.56 billion during the quarter, compared to analyst estimates of $4.59 billion. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The firm’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.48 earnings per share. 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 anticipate that Emerson Electric Co. will post 6.49 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were paid a dividend of $0.555 per share. The ex-dividend date was Friday, May 15th. This represents a $2.22 annualized dividend and a dividend yield of 1.6%. Emerson Electric’s dividend payout ratio (DPR) is presently 51.27%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on EMR shares. Sanford C. Bernstein began coverage on shares of Emerson Electric in a report on Wednesday, June 10th. They set an “outperform” rating and a $175.00 price objective on the stock. DA Davidson assumed coverage on shares of Emerson Electric in a research report on Tuesday, June 16th. They set a “neutral” rating and a $145.00 price target on the stock. Daiwa Securities Group cut their price target on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a report on Friday, May 15th. BMO Capital Markets upped their price objective on shares of Emerson Electric from $150.00 to $157.00 in a research report on Friday, May 8th. Finally, Jefferies Financial Group began coverage on shares of Emerson Electric in a research note on Tuesday, March 31st. They issued a “buy” rating and a $175.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $163.32.

Emerson Electric Company 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.