Bank of New York Mellon Corp Grows Stock Position in Emerson Electric Co. $EMR

Bank of New York Mellon Corp raised its position in Emerson Electric Co. (NYSE:EMR) by 1.9% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 6,315,661 shares of the industrial products company’s stock after acquiring an additional 117,513 shares during the period. Bank of New York Mellon Corp’s holdings in Emerson Electric were worth $827,478,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in EMR. Basso Capital Management L.P. bought a new stake in Emerson Electric in the 4th quarter valued at about $25,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of Emerson Electric during the 4th quarter valued at approximately $27,000. Motiv8 Investments LLC bought a new position in Emerson Electric in the 4th quarter worth approximately $27,000. Ares Financial Consulting LLC purchased a new position in Emerson Electric in the 4th quarter valued at approximately $29,000. Finally, Darwin Wealth Management LLC bought a new stake in Emerson Electric during the 2nd quarter valued at $29,000. Institutional investors own 74.30% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on EMR. Jefferies Financial Group initiated coverage on Emerson Electric in a research report on Tuesday, March 31st. They issued a “buy” rating and a $175.00 price target for the company. Wells Fargo & Company upped their price target on Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a research report on Thursday, May 7th. DA Davidson assumed coverage on shares of Emerson Electric in a report on Tuesday, June 16th. They issued a “neutral” rating and a $145.00 price target on the stock. Daiwa Securities Group reduced their price objective 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. Finally, BMO Capital Markets upped their target price on shares of Emerson Electric from $150.00 to $157.00 in a report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned 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, Emerson Electric currently has a consensus rating of “Moderate Buy” and a consensus price target of $162.64.

Emerson Electric Price Performance

Emerson Electric stock opened at $139.08 on Friday. The stock has a market cap of $77.90 billion, a price-to-earnings ratio of 32.12, a PEG ratio of 2.18 and a beta of 1.25. 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 business has a 50-day simple moving average of $140.38 and a 200 day simple moving average of $141.83. Emerson Electric Co. has a 52 week low of $122.64 and a 52 week high of $165.15.

Emerson Electric (NYSE:EMR) last released 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. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The firm had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $4.59 billion. During the same quarter last year, the firm posted $1.48 EPS. The company’s 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. On average, research analysts forecast that Emerson Electric Co. will post 6.49 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th were given a dividend of $0.555 per share. The ex-dividend date was Friday, May 15th. This represents a $2.22 annualized dividend and a yield of 1.6%. Emerson Electric’s payout ratio is presently 51.27%.

Emerson Electric Company 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.