Emerson Electric Co. $EMR Shares Sold by Wealthfront Advisers LLC

Wealthfront Advisers LLC cut its stake in Emerson Electric Co. (NYSE:EMRFree Report) by 11.9% in the first quarter, HoldingsChannel reports. The institutional investor owned 55,589 shares of the industrial products company’s stock after selling 7,516 shares during the quarter. Wealthfront Advisers LLC’s holdings in Emerson Electric were worth $7,283,000 at the end of the most recent reporting period.

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

Wall Street Analysts Forecast Growth

Several research firms recently commented on EMR. Wolfe Research cut their price target on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating on the stock in a report on Wednesday, April 8th. JPMorgan Chase & Co. upgraded Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price target on the stock in a research note on Friday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Emerson Electric in a report on Monday, May 4th. DA Davidson initiated 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. Finally, Wells Fargo & Company raised their price target 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. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $162.64.

Read Our Latest Research Report on EMR

Emerson Electric Stock Up 0.2%

EMR stock opened at $139.39 on Friday. The company has a market capitalization of $78.07 billion, a price-to-earnings ratio of 32.19, a price-to-earnings-growth ratio of 2.23 and a beta of 1.25. The company has a current ratio of 0.87, a quick ratio of 0.64 and a debt-to-equity ratio of 0.37. Emerson Electric Co. has a 52 week low of $122.64 and a 52 week high of $165.15. The firm’s 50-day moving average is $140.35 and its two-hundred day moving average is $141.81.

Emerson Electric (NYSE:EMRGet Free Report) last issued its quarterly earnings results 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 return on equity of 17.18% and a net margin of 13.35%.The firm had revenue of $4.56 billion during the quarter, compared to analyst estimates of $4.59 billion. During the same period last year, the company posted $1.48 EPS. The firm’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, analysts forecast that Emerson Electric Co. will post 6.49 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

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

About Emerson Electric

(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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