Sit Investment Associates Inc. Increases Stake in Emerson Electric Co. $EMR

Sit Investment Associates Inc. increased its stake in Emerson Electric Co. (NYSE:EMRFree Report) by 17.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 92,844 shares of the industrial products company’s stock after buying an additional 13,755 shares during the period. Sit Investment Associates Inc.’s holdings in Emerson Electric were worth $12,322,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Rooted Wealth Advisors Inc. grew its holdings in shares of Emerson Electric by 3.0% during the 4th quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company’s stock worth $291,000 after acquiring an additional 64 shares during the period. Institute for Wealth Management LLC. lifted its stake in shares of Emerson Electric by 1.6% in the 4th quarter. Institute for Wealth Management LLC. now owns 4,546 shares of the industrial products company’s stock valued at $603,000 after purchasing an additional 71 shares during the period. Cary Street Partners Investment Advisory LLC boosted its position in shares of Emerson Electric by 2.4% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 3,098 shares of the industrial products company’s stock valued at $411,000 after purchasing an additional 72 shares in the last quarter. Cornell Pochily Investment Advisors Inc. grew its stake in Emerson Electric by 0.3% in the fourth quarter. Cornell Pochily Investment Advisors Inc. now owns 29,260 shares of the industrial products company’s stock worth $3,883,000 after purchasing an additional 76 shares during the period. Finally, Zhang Financial LLC raised its holdings in Emerson Electric by 2.7% in the fourth quarter. Zhang Financial LLC now owns 2,892 shares of the industrial products company’s stock worth $384,000 after purchasing an additional 76 shares in the last quarter. 74.30% of the stock is owned by institutional investors.

Emerson Electric Trading Up 1.3%

Emerson Electric stock opened at $150.99 on Friday. Emerson Electric Co. has a 12 month low of $122.64 and a 12 month high of $165.15. The company has a market capitalization of $84.57 billion, a price-to-earnings ratio of 34.87, a price-to-earnings-growth ratio of 2.38 and a beta of 1.25. The business’s fifty day simple moving average is $141.02 and its two-hundred day simple moving average is $141.03. The company has a current ratio of 0.87, a quick ratio of 0.64 and a debt-to-equity ratio of 0.37.

Emerson Electric (NYSE:EMRGet Free Report) last issued 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 firm had revenue of $4.56 billion during the quarter, compared to the consensus estimate of $4.59 billion. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The company’s revenue was up 2.9% on a year-over-year basis. During the same period last year, the company 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. As a group, equities analysts predict that Emerson Electric Co. will post 6.49 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders 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 yield of 1.5%. Emerson Electric’s payout ratio is 51.27%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Barclays raised their price objective on Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Daiwa Securities Group decreased their price target on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a research note on Friday, May 15th. Weiss Ratings reissued a “hold (c+)” rating on shares of Emerson Electric in a research report on Monday, May 4th. Wolfe Research dropped their price objective on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 8th. Finally, Royal Bank Of Canada upped their price objective on shares of Emerson Electric from $161.00 to $169.00 and gave the stock an “outperform” rating in a report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $162.96.

View Our Latest Stock Analysis on Emerson Electric

Emerson Electric Company Profile

(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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