Kestra Private Wealth Services LLC Sells 3,905 Shares of Emerson Electric Co. $EMR

Kestra Private Wealth Services LLC decreased its position in shares of Emerson Electric Co. (NYSE:EMR) by 3.2% during the first quarter, HoldingsChannel reports. The institutional investor owned 119,588 shares of the industrial products company’s stock after selling 3,905 shares during the period. Kestra Private Wealth Services LLC’s holdings in Emerson Electric were worth $15,668,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in Emerson Electric by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 54,909,180 shares of the industrial products company’s stock valued at $7,287,546,000 after purchasing an additional 578,242 shares during the last quarter. State Street Corp raised its stake in shares of Emerson Electric by 2.0% in the fourth quarter. State Street Corp now owns 27,483,440 shares of the industrial products company’s stock worth $3,647,602,000 after purchasing an additional 541,887 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Emerson Electric by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 12,328,324 shares of the industrial products company’s stock worth $1,628,638,000 after purchasing an additional 76,488 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Emerson Electric by 1.3% during the fourth quarter. Wells Fargo & Company MN now owns 10,840,109 shares of the industrial products company’s stock valued at $1,438,699,000 after purchasing an additional 134,049 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Emerson Electric during the fourth quarter valued at $1,050,040,000. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

Emerson Electric Trading Down 1.3%

Emerson Electric stock opened at $141.34 on Thursday. Emerson Electric Co. has a 52-week low of $122.64 and a 52-week high of $165.15. The company has a market cap of $79.17 billion, a P/E ratio of 32.64, a P/E/G ratio of 2.28 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 $141.24 and a two-hundred day simple moving average of $141.38.

Emerson Electric (NYSE:EMR) last posted its quarterly earnings data 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. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The company had revenue of $4.56 billion for the quarter, compared to the consensus estimate of $4.59 billion. During the same quarter last year, the firm posted $1.48 earnings per share. The firm’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. Analysts predict that Emerson Electric Co. will post 6.49 EPS for the current year.

Emerson Electric Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on EMR. Sanford C. Bernstein began coverage on Emerson Electric in a research report on Wednesday, June 10th. They issued an “outperform” rating and a $175.00 target price for the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Emerson Electric in a report on Monday, May 4th. Wolfe Research reduced their price target on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating for the company in a research note on Wednesday, April 8th. DA Davidson assumed coverage on shares of Emerson Electric in a report on Tuesday, June 16th. They set a “neutral” rating and a $145.00 price objective for the company. Finally, Jefferies Financial Group started coverage on shares of Emerson Electric in a research report on Tuesday, March 31st. They set a “buy” rating and a $175.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $162.96.

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.