Emerson Electric Co. $EMR Shares Sold by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA reduced its stake in Emerson Electric Co. (NYSE:EMRFree Report) by 2.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 256,438 shares of the industrial products company’s stock after selling 6,557 shares during the period. Pictet Asset Management Holding SA’s holdings in Emerson Electric were worth $33,599,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Murphy Middleton Hinkle & Parker Inc. raised its stake in Emerson Electric by 229.1% in the fourth quarter. Murphy Middleton Hinkle & Parker Inc. now owns 46,467 shares of the industrial products company’s stock valued at $6,167,000 after buying an additional 32,346 shares in the last quarter. Elo Mutual Pension Insurance Co boosted its position in shares of Emerson Electric by 26.6% during the 3rd quarter. Elo Mutual Pension Insurance Co now owns 67,546 shares of the industrial products company’s stock worth $8,861,000 after acquiring an additional 14,210 shares in the last quarter. Forbes J M & Co. LLP raised its position in shares of Emerson Electric by 692.5% during the 4th quarter. Forbes J M & Co. LLP now owns 95,811 shares of the industrial products company’s stock worth $12,716,000 after acquiring an additional 83,721 shares in the last quarter. Assenagon Asset Management S.A. lifted its stake in Emerson Electric by 863.9% during the fourth quarter. Assenagon Asset Management S.A. now owns 548,823 shares of the industrial products company’s stock worth $72,840,000 after purchasing an additional 491,883 shares during the last quarter. Finally, Fisher Asset Management LLC boosted its holdings in Emerson Electric by 14.8% in the fourth quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company’s stock valued at $954,405,000 after purchasing an additional 928,548 shares in the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have weighed in on EMR shares. Daiwa Securities Group cut their price objective on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a report on Friday, May 15th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Emerson Electric in a research report on Monday, May 4th. 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 research note on Wednesday, April 8th. DA Davidson initiated coverage on shares of Emerson Electric in a research report on Tuesday, June 16th. They issued a “neutral” rating and a $145.00 price target for the company. Finally, Royal Bank Of Canada raised their price objective on Emerson Electric from $161.00 to $169.00 and gave the stock an “outperform” rating in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $162.96.

Check Out Our Latest Stock Report on EMR

Emerson Electric Stock Performance

Shares of Emerson Electric stock opened at $143.05 on Wednesday. The firm’s fifty day simple moving average is $141.30 and its 200-day simple moving average is $141.59. Emerson Electric Co. has a 12 month low of $122.64 and a 12 month high of $165.15. The stock has a market capitalization of $80.12 billion, a price-to-earnings ratio of 33.04, a PEG ratio of 2.28 and a beta of 1.25. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.87 and a quick ratio of 0.64.

Emerson Electric (NYSE:EMRGet Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.01. The company had revenue of $4.56 billion for the quarter, compared to the consensus estimate of $4.59 billion. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. Emerson Electric’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same period last year, the firm posted $1.48 EPS. 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 analysts forecast that Emerson Electric Co. will post 6.49 earnings per share for the current year.

Emerson Electric Dividend Announcement

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

Emerson Electric Company 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.

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

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