Rockefeller Capital Management L.P. Increases Holdings in Emerson Electric Co. $EMR

Rockefeller Capital Management L.P. grew its stake in Emerson Electric Co. (NYSE:EMRFree Report) by 33.8% during the 4th quarter, HoldingsChannel reports. The fund owned 1,156,874 shares of the industrial products company’s stock after purchasing an additional 292,170 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Emerson Electric were worth $153,541,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

EMR has been the subject of several analyst reports. BMO Capital Markets raised their price target on shares of Emerson Electric from $150.00 to $157.00 in a research report on Friday, May 8th. DA Davidson initiated coverage on Emerson Electric in a research note on Tuesday. They set a “neutral” rating and a $145.00 target price on the stock. Barclays lifted their target price on Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Wolfe Research decreased their price target on Emerson Electric from $176.00 to $169.00 and set an “outperform” rating for the company in a research note on Wednesday, April 8th. Finally, Royal Bank Of Canada increased their price objective on Emerson Electric from $161.00 to $169.00 and gave the company an “outperform” rating in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $162.96.

Get Our Latest Research Report on Emerson Electric

Emerson Electric Stock Up 0.2%

Shares of Emerson Electric stock opened at $150.99 on Friday. Emerson Electric Co. has a twelve month low of $122.64 and a twelve month high of $165.15. The company has a quick ratio of 0.64, a current ratio of 0.87 and a debt-to-equity ratio of 0.37. The company’s 50 day moving average is $141.19 and its 200 day moving average is $141.10. The company has a market cap of $84.57 billion, a price-to-earnings ratio of 34.87, a price-to-earnings-growth ratio of 2.40 and a beta of 1.25.

Emerson Electric (NYSE:EMRGet Free Report) last posted its earnings results on Tuesday, May 5th. The industrial products company reported $1.54 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.01. The business had revenue of $4.56 billion during the quarter, compared to the consensus estimate 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 was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.48 EPS. 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. Research analysts anticipate that Emerson Electric Co. will post 6.49 EPS for the current year.

Emerson Electric Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors 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 payout ratio is presently 51.27%.

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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