Resona Asset Management Co. Ltd. Cuts Stock Position in Emerson Electric Co. $EMR

Resona Asset Management Co. Ltd. lessened its stake in Emerson Electric Co. (NYSE:EMRFree Report) by 3.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 184,502 shares of the industrial products company’s stock after selling 6,717 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Emerson Electric were worth $24,598,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EMR. Ares Financial Consulting LLC purchased a new position in Emerson Electric in the fourth quarter valued at about $29,000. Darwin Wealth Management LLC purchased a new position in Emerson Electric in the second quarter worth $29,000. Steph & Co. purchased a new position in Emerson Electric in the fourth quarter worth $33,000. Wealth Watch Advisors INC purchased a new position in Emerson Electric in the third quarter worth $33,000. Finally, Strategic Wealth Advisors LLC purchased a new position in Emerson Electric in the fourth quarter worth $41,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Stephens boosted their price target on Emerson Electric from $145.00 to $155.00 and gave the stock an “equal weight” rating in a research note on Monday, February 9th. Loop Capital boosted their price target on Emerson Electric from $155.00 to $180.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Barclays boosted their target price on shares of Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. KeyCorp boosted their target price on shares of Emerson Electric from $155.00 to $185.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Emerson Electric in a report on Monday, May 4th. Twelve analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Emerson Electric currently has a consensus rating of “Hold” and a consensus price target of $163.24.

View Our Latest Stock Analysis on Emerson Electric

Emerson Electric Trading Down 1.2%

Emerson Electric stock opened at $130.59 on Wednesday. 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 12 month low of $114.83 and a 12 month high of $165.15. The stock’s 50 day simple moving average is $136.75 and its two-hundred day simple moving average is $139.44. The firm has a market cap of $73.14 billion, a PE ratio of 30.16, a P/E/G ratio of 2.11 and a beta of 1.26.

Emerson Electric (NYSE:EMRGet Free Report) last announced its earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.01. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The firm 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 EPS. The business’s revenue was up 2.9% on a year-over-year basis. 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 anticipate that Emerson Electric Co. will post 6.49 earnings per share for the current year.

Emerson Electric Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th will be paid a $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend is Friday, May 15th. Emerson Electric’s dividend payout ratio (DPR) is 51.27%.

Insiders Place Their Bets

In other news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of Emerson Electric stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $142.32, for a total transaction of $811,224.00. Following the transaction, the chief executive officer owned 281,393 shares in the company, valued at $40,047,851.76. The trade was a 1.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.23% of the stock is owned by company insiders.

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.

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

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