CoreCap Advisors LLC lessened its holdings in Emerson Electric Co. (NYSE:EMR - Free Report) by 15.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 16,961 shares of the industrial products company's stock after selling 2,984 shares during the quarter. CoreCap Advisors LLC's holdings in Emerson Electric were worth $2,102,000 at the end of the most recent reporting period.
Several other hedge funds have also recently modified their holdings of the stock. Stephens Consulting LLC purchased a new position in shares of Emerson Electric in the fourth quarter worth $25,000. Sugar Maple Asset Management LLC acquired a new stake in Emerson Electric during the 4th quarter worth about $27,000. Murphy & Mullick Capital Management Corp acquired a new position in shares of Emerson Electric in the fourth quarter valued at about $28,000. YANKCOM Partnership purchased a new position in shares of Emerson Electric in the fourth quarter worth about $30,000. Finally, Fiduciary Advisors Inc. purchased a new stake in Emerson Electric in the fourth quarter valued at approximately $35,000. Institutional investors and hedge funds own 74.30% of the company's stock.
Analysts Set New Price Targets
A number of analysts have recently weighed in on EMR shares. Wells Fargo & Company increased their price objective on shares of Emerson Electric from $140.00 to $142.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. Barclays decreased their price objective on Emerson Electric from $105.00 to $99.00 and set an "underweight" rating for the company in a report on Thursday, April 10th. Morgan Stanley raised their target price on Emerson Electric from $105.00 to $112.00 and gave the stock an "underweight" rating in a report on Thursday, February 6th. StockNews.com lowered Emerson Electric from a "buy" rating to a "hold" rating in a research report on Thursday, May 1st. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and set a $138.00 target price on shares of Emerson Electric in a report on Thursday, February 6th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $131.67.
View Our Latest Analysis on EMR
Emerson Electric Price Performance
Emerson Electric stock opened at $109.80 on Thursday. The company has a fifty day simple moving average of $106.91 and a 200-day simple moving average of $118.41. The company has a quick ratio of 1.17, a current ratio of 1.54 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $61.92 billion, a price-to-earnings ratio of 26.21, a PEG ratio of 2.49 and a beta of 1.26. Emerson Electric Co. has a 52-week low of $90.06 and a 52-week high of $134.85.
Emerson Electric (NYSE:EMR - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The industrial products company reported $1.48 EPS for the quarter, beating analysts' consensus estimates of $1.41 by $0.07. The company had revenue of $4.43 billion during the quarter, compared to the consensus estimate of $4.42 billion. Emerson Electric had a net margin of 13.74% and a return on equity of 12.08%. Emerson Electric's quarterly revenue was up 1.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.36 EPS. On average, equities analysts anticipate that Emerson Electric Co. will post 5.96 EPS for the current fiscal year.
Emerson Electric Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Friday, May 16th will be paid a dividend of $0.5275 per share. This represents a $2.11 dividend on an annualized basis and a yield of 1.92%. Emerson Electric's dividend payout ratio (DPR) is presently 50.36%.
Emerson Electric Company Profile
(
Free Report)
Emerson Electric Co, a technology and software company, provides various solutions for customers in industrial, commercial, and consumer markets in the Americas, Asia, the Middle East, Africa, and Europe. It operates in six segments: Final Control, Control Systems & Software, Measurement & Analytical, AspenTech, Discrete Automation, and Safety & Productivity.
Read More
Want to see what other hedge funds are holding EMR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Emerson Electric Co. (NYSE:EMR - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Emerson Electric, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Emerson Electric wasn't on the list.
While Emerson Electric currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for May 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
