Allspring Global Investments Holdings LLC Reduces Position in Emerson Electric Co. $EMR

Allspring Global Investments Holdings LLC lowered its position in Emerson Electric Co. (NYSE:EMRFree Report) by 4.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 398,432 shares of the industrial products company’s stock after selling 18,326 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 0.07% of Emerson Electric worth $54,115,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Darwin Wealth Management LLC purchased a new stake in Emerson Electric in the 2nd quarter valued at $29,000. Wealth Watch Advisors INC purchased a new position in Emerson Electric during the 3rd quarter worth $33,000. Twin Peaks Wealth Advisors LLC acquired a new position in Emerson Electric in the second quarter valued at $39,000. Financial Consulate Inc. purchased a new stake in shares of Emerson Electric in the third quarter valued at about $41,000. Finally, Ameriflex Group Inc. boosted its stake in shares of Emerson Electric by 96.4% during the third quarter. Ameriflex Group Inc. now owns 326 shares of the industrial products company’s stock worth $43,000 after buying an additional 160 shares during the period. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

Emerson Electric Stock Up 1.0%

EMR opened at $132.35 on Thursday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.84 and a quick ratio of 0.62. Emerson Electric Co. has a 12 month low of $90.06 and a 12 month high of $165.15. The stock has a market capitalization of $74.38 billion, a P/E ratio of 32.36, a P/E/G ratio of 2.09 and a beta of 1.28. The business has a 50 day simple moving average of $143.35 and a 200-day simple moving average of $137.56.

Emerson Electric (NYSE:EMRGet Free Report) last released its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $1.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.05. Emerson Electric had a return on equity of 17.25% and a net margin of 12.72%.The firm had revenue of $4.35 billion during the quarter, compared to analysts’ expectations of $4.37 billion. During the same quarter in the prior year, the business posted $1.38 earnings per share. Emerson Electric’s revenue was up 4.1% compared to the same quarter last year. Emerson Electric has set its FY 2026 guidance at 6.400-6.550 EPS and its Q2 2026 guidance at 1.500-1.550 EPS. On average, equities analysts anticipate that Emerson Electric Co. will post 5.96 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Friday, February 13th were paid a $0.555 dividend. The ex-dividend date was Friday, February 13th. This represents a $2.22 annualized dividend and a dividend yield of 1.7%. Emerson Electric’s dividend payout ratio (DPR) is 54.28%.

Analysts Set New Price Targets

Several brokerages recently issued reports on EMR. Deutsche Bank Aktiengesellschaft cut Emerson Electric from a “buy” rating to a “hold” rating and set a $170.00 price target on the stock. in a research report on Thursday, February 5th. Citigroup lifted their target price on Emerson Electric from $165.00 to $174.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. Morgan Stanley boosted their target price on Emerson Electric from $115.00 to $125.00 and gave the company an “underweight” rating in a report on Friday, January 9th. JPMorgan Chase & Co. increased their price target on Emerson Electric from $150.00 to $157.00 and gave the stock a “neutral” rating in a report on Friday, January 16th. Finally, Weiss Ratings lowered shares of Emerson Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, February 4th. Twelve research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $163.43.

Read Our Latest Stock Analysis on EMR

Insider Buying and Selling

In other news, VP Nicholas J. Piazza sold 6,703 shares of Emerson Electric stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $159.07, for a total transaction of $1,066,246.21. Following the completion of the sale, the vice president directly owned 31,664 shares in the company, valued at approximately $5,036,792.48. This trade represents a 17.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $142.32, for a total value of $811,224.00. Following the completion of the sale, the chief executive officer owned 281,393 shares in the company, valued at approximately $40,047,851.76. This represents a 1.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 13,879 shares of company stock valued at $2,116,818. Corporate insiders own 0.23% of the company’s stock.

Key Emerson Electric News

Here are the key news stories impacting Emerson Electric this week:

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.

See Also

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

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