Emerson Electric Co. $EMR Stake Reduced by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. decreased its holdings in shares of Emerson Electric Co. (NYSE:EMRFree Report) by 0.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,698,904 shares of the industrial products company’s stock after selling 15,529 shares during the period. PNC Financial Services Group Inc.’s holdings in Emerson Electric were worth $222,590,000 as of its most recent filing with the Securities and Exchange Commission.

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

Emerson Electric Trading Up 2.0%

NYSE:EMR opened at $139.25 on Wednesday. The stock has a market cap of $78.00 billion, a PE ratio of 32.16, a price-to-earnings-growth ratio of 2.18 and a beta of 1.25. Emerson Electric Co. has a fifty-two week low of $122.64 and a fifty-two week high of $165.15. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.87 and a quick ratio of 0.64. The stock’s 50-day moving average is $140.33 and its two-hundred day moving average is $141.91.

Emerson Electric (NYSE:EMRGet Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.01. The business had revenue of $4.56 billion during the quarter, compared to analyst estimates of $4.59 billion. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The firm’s revenue was up 2.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.48 earnings per share. 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 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 $0.555 dividend. The ex-dividend date was Friday, May 15th. This represents a $2.22 dividend on an annualized basis and a yield of 1.6%. Emerson Electric’s dividend payout ratio is presently 51.27%.

Analyst Upgrades and Downgrades

EMR has been the topic of a number of recent research reports. Barclays lifted their target price on Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Sanford C. Bernstein decreased their price target on Emerson Electric from $175.00 to $169.00 and set an “outperform” rating for the company in a research report on Monday. JPMorgan Chase & Co. raised 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, July 17th. Wells Fargo & Company boosted their price objective on Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. Finally, Jefferies Financial Group assumed coverage on shares of Emerson Electric in a research note on Tuesday, March 31st. They set a “buy” rating and a $175.00 price objective for the company. Thirteen research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $162.36.

Check Out Our Latest Report on Emerson Electric

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.

Further Reading

Want to see what other hedge funds are holding EMR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Emerson Electric Co. (NYSE:EMRFree Report).

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

Receive News & Ratings for Emerson Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerson Electric and related companies with MarketBeat.com's FREE daily email newsletter.