Smith Salley Wealth Management Buys 9,280 Shares of Emerson Electric Co. $EMR

Smith Salley Wealth Management boosted its position in shares of Emerson Electric Co. (NYSE:EMR) by 169.5% during the 1st quarter, Holdings Channel reports. The institutional investor owned 14,755 shares of the industrial products company’s stock after purchasing an additional 9,280 shares during the quarter. Smith Salley Wealth Management’s holdings in Emerson Electric were worth $1,933,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank acquired a new position in shares of Emerson Electric during the fourth quarter valued at $1,050,040,000. Ameriprise Financial Inc. increased its position in Emerson Electric by 185.7% in the third quarter. Ameriprise Financial Inc. now owns 3,192,982 shares of the industrial products company’s stock worth $418,730,000 after purchasing an additional 2,075,425 shares during the period. Fisher Asset Management LLC raised its holdings in Emerson Electric by 20.6% during the 3rd quarter. Fisher Asset Management LLC now owns 6,262,570 shares of the industrial products company’s stock worth $821,524,000 after purchasing an additional 1,069,122 shares during the last quarter. Bank of New York Mellon Corp lifted its position in Emerson Electric by 17.8% during the 4th quarter. Bank of New York Mellon Corp now owns 6,198,148 shares of the industrial products company’s stock valued at $822,618,000 after purchasing an additional 938,051 shares during the period. Finally, Schroder Investment Management Group boosted its stake in shares of Emerson Electric by 13.5% in the 3rd quarter. Schroder Investment Management Group now owns 7,205,569 shares of the industrial products company’s stock valued at $945,227,000 after purchasing an additional 859,171 shares during the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.

Emerson Electric Stock Up 0.2%

Emerson Electric stock opened at $150.99 on Monday. The firm has a market capitalization of $84.57 billion, a price-to-earnings ratio of 34.87, a PEG ratio of 2.40 and a beta of 1.25. The company’s 50 day simple moving average is $141.19 and its 200 day simple moving average is $141.16. 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 Co. has a fifty-two week low of $122.64 and a fifty-two week high of $165.15.

Emerson Electric (NYSE:EMR) last issued its earnings results on Tuesday, May 5th. The industrial products company reported $1.54 EPS for the quarter, beating the consensus estimate of $1.53 by $0.01. The firm had revenue of $4.56 billion during 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%. The business’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter in the prior year, the firm 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. As a group, sell-side analysts anticipate that Emerson Electric Co. will post 6.49 EPS for the current year.

Emerson Electric Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were given a $0.555 dividend. The ex-dividend date was Friday, May 15th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.5%. Emerson Electric’s dividend payout ratio is currently 51.27%.

Wall Street Analysts Forecast Growth

EMR has been the subject of a number of recent research reports. DA Davidson started coverage on shares of Emerson Electric in a research note on Tuesday, June 16th. They set a “neutral” rating and a $145.00 price target for the company. Sanford C. Bernstein assumed coverage on shares of Emerson Electric in a research note on Wednesday, June 10th. They issued an “outperform” rating and a $175.00 price objective on the stock. Royal Bank Of Canada lifted their target price 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. Wells Fargo & Company increased their price target on Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Finally, BMO Capital Markets lifted their price objective on Emerson Electric from $150.00 to $157.00 in a research note on Friday, May 8th. One 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 stock. According to MarketBeat.com, Emerson Electric currently has a consensus rating of “Moderate Buy” and an average price target of $162.96.

Emerson Electric Company Profile

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.