Diversify Wealth Management LLC Has $6.64 Million Stock Holdings in Emerson Electric Co. $EMR

Diversify Wealth Management LLC grew its position in shares of Emerson Electric Co. (NYSE:EMRFree Report) by 44.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 48,652 shares of the industrial products company’s stock after buying an additional 14,886 shares during the period. Diversify Wealth Management LLC’s holdings in Emerson Electric were worth $6,644,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of EMR. Norges Bank acquired a new position in shares of Emerson Electric in the fourth quarter valued at about $1,050,040,000. Ameriprise Financial Inc. raised its stake in Emerson Electric by 185.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,192,982 shares of the industrial products company’s stock worth $418,730,000 after purchasing an additional 2,075,425 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in Emerson Electric by 17.8% in the 4th quarter. Bank of New York Mellon Corp now owns 6,198,148 shares of the industrial products company’s stock valued at $822,618,000 after purchasing an additional 938,051 shares during the period. Fisher Asset Management LLC grew its position in shares of Emerson Electric by 14.8% during the 4th quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company’s stock worth $954,405,000 after purchasing an additional 928,548 shares in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich grew its position in shares of Emerson Electric by 97.6% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,707,873 shares of the industrial products company’s stock worth $227,783,000 after purchasing an additional 843,526 shares in the last quarter. Institutional investors and hedge funds own 74.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Sanford C. Bernstein initiated coverage on shares of Emerson Electric in a research report on Wednesday, June 10th. They issued an “outperform” rating and a $175.00 price target for the company. Jefferies Financial Group started coverage on Emerson Electric in a research note on Tuesday, March 31st. They set a “buy” rating and a $175.00 price objective on the stock. Wolfe Research dropped their price objective on Emerson Electric from $176.00 to $169.00 and set an “outperform” rating for the company in a report on Wednesday, April 8th. 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. Finally, DA Davidson began coverage on Emerson Electric in a report on Tuesday, June 16th. They set a “neutral” rating and a $145.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $163.32.

Read Our Latest Report on EMR

Emerson Electric Stock Performance

Shares of Emerson Electric stock opened at $138.90 on Monday. The company has a current ratio of 0.87, a quick ratio of 0.64 and a debt-to-equity ratio of 0.37. The company has a market cap of $77.80 billion, a PE ratio of 32.08, a price-to-earnings-growth ratio of 2.22 and a beta of 1.25. The company has a 50 day moving average of $140.81 and a 200-day moving average of $141.81. Emerson Electric Co. has a 1-year low of $122.64 and a 1-year high of $165.15.

Emerson Electric (NYSE:EMRGet Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.01. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The business had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $4.59 billion. During the same period last year, the firm posted $1.48 earnings per share. The firm’s quarterly revenue 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. As a group, equities research analysts forecast that Emerson Electric Co. will post 6.49 earnings per share for the current fiscal year.

Emerson Electric Announces Dividend

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

Emerson Electric 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.

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Institutional Ownership by Quarter for Emerson Electric (NYSE:EMR)

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