Emerson Electric Co. $EMR Shares Bought by CIBC Asset Management Inc

CIBC Asset Management Inc grew its holdings in shares of Emerson Electric Co. (NYSE:EMR) by 47.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 132,488 shares of the industrial products company’s stock after buying an additional 42,531 shares during the period. CIBC Asset Management Inc’s holdings in Emerson Electric were worth $17,584,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of EMR. Norges Bank acquired a new stake in Emerson Electric in the fourth quarter valued at $1,050,040,000. Ameriprise Financial Inc. boosted its position in shares of 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 buying an additional 2,075,425 shares in the last quarter. Fisher Asset Management LLC grew its stake in Emerson Electric by 20.6% in the 3rd quarter. Fisher Asset Management LLC now owns 6,262,570 shares of the industrial products company’s stock valued at $821,524,000 after acquiring an additional 1,069,122 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in Emerson Electric by 17.8% during 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 acquiring an additional 938,051 shares in the last quarter. Finally, Schroder Investment Management Group raised its position in Emerson Electric by 13.5% during the third quarter. Schroder Investment Management Group now owns 7,205,569 shares of the industrial products company’s stock worth $945,227,000 after acquiring an additional 859,171 shares during the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of Emerson Electric stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $142.32, for a total value of $811,224.00. Following the completion of the sale, the chief executive officer owned 281,393 shares in the company, valued at $40,047,851.76. The trade was a 1.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.23% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have issued reports on EMR. BMO Capital Markets upped their price target on shares of Emerson Electric from $150.00 to $157.00 in a report on Friday, May 8th. KeyCorp lifted their price objective on Emerson Electric from $155.00 to $185.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. HSBC increased their target price on Emerson Electric from $165.00 to $170.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Daiwa Securities Group cut their price target on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a report on Friday, May 15th. Finally, Loop Capital upped their price objective on Emerson Electric from $155.00 to $180.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Twelve equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $163.24.

Emerson Electric Stock Up 1.0%

Shares of NYSE EMR opened at $142.29 on Friday. The firm has a market cap of $79.70 billion, a P/E ratio of 32.86, a price-to-earnings-growth ratio of 2.25 and a beta of 1.25. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.64 and a current ratio of 0.87. Emerson Electric Co. has a 1 year low of $121.56 and a 1 year high of $165.15. The firm’s 50 day moving average price is $138.26 and its 200 day moving average price is $139.99.

Emerson Electric (NYSE:EMR) 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. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The company had revenue of $4.56 billion during the quarter, compared to the consensus estimate of $4.59 billion. During the same period in the previous year, the firm posted $1.48 EPS. Emerson Electric’s 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. As a group, sell-side analysts anticipate that Emerson Electric Co. will post 6.49 earnings per share for the current year.

Emerson Electric Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th will be paid a $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Friday, May 15th. Emerson Electric’s dividend payout ratio (DPR) is presently 51.27%.

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.