Sumitomo Mitsui Trust Group Inc. Sells 54,635 Shares of Emerson Electric Co. $EMR

Sumitomo Mitsui Trust Group Inc. lessened its holdings in Emerson Electric Co. (NYSE:EMR) by 2.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,034,712 shares of the industrial products company’s stock after selling 54,635 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Emerson Electric were worth $266,588,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. BMO Capital Markets raised their price target on shares of Emerson Electric from $150.00 to $157.00 in a research note on Friday, May 8th. Daiwa Securities Group reduced their price objective on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a report on Friday, May 15th. Royal Bank Of Canada raised their target price on Emerson Electric from $161.00 to $169.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 6th. Jefferies Financial Group initiated coverage on Emerson Electric in a research report on Tuesday, March 31st. They set a “buy” rating and a $175.00 price target on the stock. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Emerson Electric in a research note on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Emerson Electric has an average rating of “Moderate Buy” and a consensus price target of $163.32.

Emerson Electric Stock Down 0.9%

Emerson Electric stock opened at $136.64 on Thursday. The firm has a 50 day simple moving average of $140.78 and a 200 day simple moving average of $141.75. 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 1-year low of $122.64 and a 1-year high of $165.15. The firm has a market capitalization of $76.53 billion, a price-to-earnings ratio of 31.56, a P/E/G ratio of 2.20 and a beta of 1.25.

Emerson Electric (NYSE:EMR) last posted its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $1.54 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.01. The firm had revenue of $4.56 billion during the quarter, compared to analyst estimates of $4.59 billion. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The business’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same period last year, the company 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. On average, analysts predict that Emerson Electric Co. will post 6.49 earnings per share for the current 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 paid a $0.555 dividend. The ex-dividend date was Friday, May 15th. This represents a $2.22 annualized dividend and a yield of 1.6%. Emerson Electric’s dividend payout ratio (DPR) is currently 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.