Prospera Financial Services Inc Cuts Position in Emerson Electric Co. $EMR

Prospera Financial Services Inc lessened its stake in Emerson Electric Co. (NYSE:EMR) by 5.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 69,216 shares of the industrial products company’s stock after selling 4,338 shares during the quarter. Prospera Financial Services Inc’s holdings in Emerson Electric were worth $9,190,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in EMR. Ameriprise Financial Inc. lifted its holdings in shares of Emerson Electric by 185.7% in the third quarter. Ameriprise Financial Inc. now owns 3,192,982 shares of the industrial products company’s stock valued at $418,730,000 after purchasing an additional 2,075,425 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Emerson Electric by 29.2% in the third quarter. Bank of New York Mellon Corp now owns 5,260,097 shares of the industrial products company’s stock valued at $690,020,000 after purchasing an additional 1,187,974 shares in the last quarter. Fisher Asset Management LLC lifted its holdings in shares of Emerson Electric by 20.6% in the third quarter. Fisher Asset Management LLC now owns 6,262,570 shares of the industrial products company’s stock valued at $821,524,000 after purchasing an additional 1,069,122 shares in the last quarter. Schroder Investment Management Group lifted its holdings in shares of Emerson Electric by 13.5% in the third quarter. Schroder Investment Management Group now owns 7,205,569 shares of the industrial products company’s stock valued at $945,227,000 after purchasing an additional 859,171 shares in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich lifted its holdings in shares of Emerson Electric by 97.6% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,707,873 shares of the industrial products company’s stock valued at $227,783,000 after purchasing an additional 843,526 shares in the last quarter. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

Emerson Electric Stock Performance

Shares of EMR stock opened at $136.51 on Monday. Emerson Electric Co. has a one year low of $114.91 and a one year high of $165.15. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.64 and a current ratio of 0.87. The company has a 50 day moving average price of $136.41 and a 200 day moving average price of $139.35. The firm has a market capitalization of $76.46 billion, a price-to-earnings ratio of 31.53, a price-to-earnings-growth ratio of 2.18 and a beta of 1.26.

Emerson Electric (NYSE:EMR) last issued its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $1.54 EPS for the quarter, topping the consensus estimate of $1.53 by $0.01. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The firm had revenue of $4.56 billion during the quarter, compared to analyst estimates of $4.59 billion. During the same quarter in the prior year, the business posted $1.48 earnings per share. Emerson Electric’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. Sell-side analysts anticipate 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 will be paid on Wednesday, June 10th. Investors of record on Friday, May 15th will be given a dividend of $0.555 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $2.22 annualized dividend and a yield of 1.6%. Emerson Electric’s dividend payout ratio is 51.27%.

Insider Transactions at Emerson Electric

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $142.32, for a total transaction of $811,224.00. Following the completion of the sale, the chief executive officer directly owned 281,393 shares in the company, valued at $40,047,851.76. The trade was a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.23% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have issued reports on EMR. HSBC upped their price target on shares of Emerson Electric from $165.00 to $170.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Rothschild & Co Redburn upped their price target on shares of Emerson Electric from $154.00 to $165.00 and gave the company a “buy” rating in a report on Monday, February 9th. Evercore upped their price target on shares of Emerson Electric from $170.00 to $185.00 and gave the company an “outperform” rating in a report on Thursday, February 5th. Jefferies Financial Group initiated coverage on shares of Emerson Electric in a report on Tuesday, March 31st. They issued a “buy” rating and a $175.00 price target on the stock. Finally, Loop Capital boosted their price objective on shares of Emerson Electric from $155.00 to $180.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Twelve analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $163.24.

Emerson Electric 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.