Smithbridge Asset Management Inc. DE Has $1.80 Million Stock Position in Emerson Electric Co. $EMR

Smithbridge Asset Management Inc. DE boosted its stake in Emerson Electric Co. (NYSE:EMR) by 102.4% during the 1st quarter, HoldingsChannel.com reports. The fund owned 13,766 shares of the industrial products company’s stock after acquiring an additional 6,966 shares during the period. Smithbridge Asset Management Inc. DE’s holdings in Emerson Electric were worth $1,804,000 at the end of the most recent quarter.

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

Emerson Electric Stock Performance

Shares of EMR opened at $139.57 on Thursday. Emerson Electric Co. has a one year low of $122.64 and a one year high of $165.15. The company has a market cap of $78.17 billion, a PE ratio of 32.23, a P/E/G ratio of 2.29 and a beta of 1.25. The stock has a 50-day moving average of $141.16 and a 200-day moving average of $141.59. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.87 and a quick ratio of 0.64.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, topping 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 prior year, the company earned $1.48 earnings per share. The company’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, equities research 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. Investors of record on Friday, May 15th were issued a $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Friday, May 15th. Emerson Electric’s dividend payout ratio (DPR) is currently 51.27%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Royal Bank Of Canada upped their target price on Emerson Electric from $161.00 to $169.00 and gave the company an “outperform” rating in a research report on Wednesday, May 6th. Daiwa Securities Group dropped their price target on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a research note on Friday, May 15th. Weiss Ratings restated a “hold (c+)” rating on shares of Emerson Electric in a report on Monday, May 4th. Wells Fargo & Company raised their price objective on shares of Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. Finally, BMO Capital Markets lifted their price objective on shares of Emerson Electric from $150.00 to $157.00 in a research note on Friday, May 8th. 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 stock. According to data from MarketBeat.com, Emerson Electric presently has a consensus rating of “Moderate Buy” and a consensus price target of $163.32.

About Emerson Electric

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.