Great Lakes Advisors LLC Has $40.62 Million Stock Position in Emerson Electric Co. $EMR

Great Lakes Advisors LLC trimmed its position in Emerson Electric Co. (NYSE:EMRFree Report) by 4.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 306,033 shares of the industrial products company’s stock after selling 13,880 shares during the quarter. Great Lakes Advisors LLC’s holdings in Emerson Electric were worth $40,617,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in EMR. Vanguard Group Inc. boosted its holdings in shares of Emerson Electric by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 54,909,180 shares of the industrial products company’s stock worth $7,287,546,000 after purchasing an additional 578,242 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Emerson Electric by 0.6% during 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 period. Norges Bank acquired a new stake in shares of Emerson Electric during the fourth quarter worth approximately $1,050,040,000. Schroder Investment Management Group boosted its holdings in shares of Emerson Electric by 13.5% during the third quarter. Schroder Investment Management Group now owns 7,205,569 shares of the industrial products company’s stock worth $945,227,000 after purchasing an additional 859,171 shares during the period. Finally, Fisher Asset Management LLC boosted its holdings in shares of Emerson Electric by 14.8% during the fourth quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company’s stock worth $954,405,000 after purchasing an additional 928,548 shares during the period. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. 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 report on Thursday, May 7th. Loop Capital raised their price target on shares of Emerson Electric from $155.00 to $180.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Royal Bank Of Canada raised their price target on shares of Emerson Electric from $161.00 to $169.00 and gave the stock an “outperform” rating in a report on Wednesday, May 6th. BMO Capital Markets raised their price target on shares of Emerson Electric from $150.00 to $157.00 in a report on Friday, May 8th. Finally, Sanford C. Bernstein assumed coverage on shares of Emerson Electric in a research note on Wednesday. They issued an “outperform” rating and a $175.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Emerson Electric has an average rating of “Moderate Buy” and an average price target of $163.77.

Read Our Latest Stock Report on Emerson Electric

Emerson Electric Price Performance

NYSE EMR opened at $142.14 on Friday. 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 stock has a market capitalization of $79.61 billion, a PE ratio of 32.83, a price-to-earnings-growth ratio of 2.19 and a beta of 1.25. The company has a 50 day moving average price of $139.52 and a two-hundred day moving average price of $140.45. Emerson Electric Co. has a 12-month low of $122.64 and a 12-month high of $165.15.

Emerson Electric (NYSE:EMRGet Free Report) last released its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $1.54 EPS for the quarter, beating 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 analyst estimates of $4.59 billion. During the same quarter last year, the firm posted $1.48 earnings per share. The company’s quarterly 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. As a group, equities analysts predict that Emerson Electric Co. will post 6.49 earnings per share for the current fiscal year.

Emerson Electric Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were given a $0.555 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.6%. Emerson Electric’s dividend payout ratio (DPR) is currently 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.

Further Reading

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

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