Candriam S.C.A. Increases Holdings in Emerson Electric Co. $EMR

Candriam S.C.A. lifted its holdings in shares of Emerson Electric Co. (NYSE:EMRFree Report) by 0.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 522,004 shares of the industrial products company’s stock after purchasing an additional 3,970 shares during the period. Candriam S.C.A.’s holdings in Emerson Electric were worth $68,393,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in EMR. Basso Capital Management L.P. purchased a new stake in Emerson Electric during the fourth quarter worth about $25,000. IFC & Insurance Marketing Inc. purchased a new position in Emerson Electric in the fourth quarter valued at about $27,000. Motiv8 Investments LLC bought a new position in shares of Emerson Electric during the 4th quarter valued at approximately $27,000. Ares Financial Consulting LLC purchased a new stake in shares of Emerson Electric during the 4th quarter worth approximately $29,000. Finally, Darwin Wealth Management LLC bought a new stake in shares of Emerson Electric in the 2nd quarter worth approximately $29,000. Institutional investors own 74.30% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on EMR. Wells Fargo & Company increased their price objective on Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a report on Thursday, May 7th. Sanford C. Bernstein initiated coverage on Emerson Electric in a research note on Wednesday, June 10th. They issued an “outperform” rating and a $175.00 target price on the stock. DA Davidson initiated coverage on Emerson Electric in a research report on Tuesday, June 16th. They set a “neutral” rating and a $145.00 price target on the stock. Royal Bank Of Canada increased their price target on Emerson Electric from $161.00 to $169.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 6th. Finally, Barclays boosted their price objective on Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $163.32.

Get Our Latest Stock Analysis on Emerson Electric

Emerson Electric Stock Up 0.8%

Emerson Electric stock opened at $138.90 on Friday. The firm has a 50 day simple moving average of $140.81 and a 200 day simple moving average of $141.76. 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 $77.80 billion, a price-to-earnings ratio of 32.08, a P/E/G ratio of 2.20 and a beta of 1.25.

Emerson Electric (NYSE:EMRGet Free Report) last posted its earnings results 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 firm had revenue of $4.56 billion for the quarter, compared to the consensus estimate of $4.59 billion. Emerson Electric had a return on equity of 17.18% and a net margin of 13.35%.The business’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $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%.

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.

See Also

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

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