Kentucky Retirement Systems Purchases 22,733 Shares of Emerson Electric Co. $EMR

Kentucky Retirement Systems grew its position in Emerson Electric Co. (NYSE:EMR) by 64.2% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 58,120 shares of the industrial products company’s stock after buying an additional 22,733 shares during the period. Kentucky Retirement Systems’ holdings in Emerson Electric were worth $7,615,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Forbes J M & Co. LLP raised its holdings in shares of Emerson Electric by 692.5% in the fourth quarter. Forbes J M & Co. LLP now owns 95,811 shares of the industrial products company’s stock worth $12,716,000 after buying an additional 83,721 shares during the last quarter. Fisher Asset Management LLC grew 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 valued at $954,405,000 after buying an additional 928,548 shares during the last quarter. Truist Financial Corp raised its stake in Emerson Electric by 4.6% in the 4th quarter. Truist Financial Corp now owns 1,185,160 shares of the industrial products company’s stock worth $157,294,000 after acquiring an additional 52,440 shares during the last quarter. Legal & General Group Plc lifted its position in Emerson Electric by 2.1% during the 4th quarter. Legal & General Group Plc now owns 4,114,470 shares of the industrial products company’s stock worth $546,072,000 after acquiring an additional 84,064 shares during the period. Finally, Axxcess Wealth Management LLC grew its stake in Emerson Electric by 86.9% during the 4th quarter. Axxcess Wealth Management LLC now owns 81,093 shares of the industrial products company’s stock valued at $10,763,000 after purchasing an additional 37,702 shares during the last quarter. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Emerson Electric Stock Down 4.0%

Shares of EMR opened at $145.81 on Thursday. The company has a market capitalization of $81.67 billion, a price-to-earnings ratio of 33.68, a PEG ratio of 2.43 and a beta of 1.25. Emerson Electric Co. has a 52 week low of $122.64 and a 52 week high of $165.15. The stock’s 50-day moving average price is $141.83 and its 200-day moving average price is $142.17. The company has a quick ratio of 0.64, a current ratio of 0.87 and a debt-to-equity ratio of 0.37.

Emerson Electric (NYSE:EMR) last announced its earnings results on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.01. The business had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.59 billion. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The company’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter last year, the business 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. On average, sell-side analysts predict that Emerson Electric Co. will post 6.49 EPS for the current year.

Emerson Electric Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th were issued a dividend of $0.555 per share. 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 1.5%. Emerson Electric’s dividend payout ratio is presently 51.27%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on EMR. JPMorgan Chase & Co. upgraded Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price objective for the company in a research note on Friday, July 17th. BMO Capital Markets increased their price target on shares of Emerson Electric from $150.00 to $157.00 in a report on Friday, May 8th. KeyCorp reduced their price target on shares of Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a research report on Monday, July 13th. Royal Bank Of Canada upped their price objective on shares of Emerson Electric from $161.00 to $169.00 and gave the company an “outperform” rating in a report on Wednesday, May 6th. Finally, Sanford C. Bernstein cut their price objective on shares of Emerson Electric from $175.00 to $169.00 and set an “outperform” rating on the stock in a research note on Monday, July 20th. Thirteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $162.36.

Emerson Electric 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.