Emerson Electric Co. $EMR Position Reduced by Mattern Capital Management LLC

by · The Markets Daily

Mattern Capital Management LLC reduced its position in shares of Emerson Electric Co. (NYSE:EMR – Free Report) by 98.0% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,555 shares of the industrial products company’s stock after selling 75,983 shares during the quarter. Mattern Capital Management LLC’s holdings in Emerson Electric were worth $204,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Basso Capital Management L.P. acquired a new stake in shares of Emerson Electric in the fourth quarter valued at $25,000. IFC & Insurance Marketing Inc. acquired a new position in Emerson Electric during the fourth quarter worth about $27,000. Motiv8 Investments LLC bought a new stake in Emerson Electric in the fourth quarter worth about $27,000. Darwin Wealth Management LLC acquired a new stake in Emerson Electric in the 2nd quarter valued at about $29,000. Finally, Ares Financial Consulting LLC acquired a new stake in Emerson Electric in the 4th quarter valued at about $29,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Barclays lifted their price objective on shares of Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. KeyCorp reduced their target price on shares of Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a report on Monday. Wolfe Research decreased their price target on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 8th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Emerson Electric in a report on Monday, May 4th. Finally, Daiwa Securities Group cut their price objective on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a research report on Friday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $162.64.

Read Our Latest Report on Emerson Electric

Emerson Electric Price Performance

NYSE EMR opened at $136.09 on Wednesday. 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 company has a market cap of $76.22 billion, a PE ratio of 31.43, a PEG ratio of 2.16 and a beta of 1.25. The stock’s 50-day moving average price is $140.66 and its two-hundred day moving average price is $141.81.

Emerson Electric (NYSE:EMR – Get Free Report) last announced its earnings results on Tuesday, May 5th. The industrial products company reported $1.54 EPS for the quarter, topping the consensus estimate of $1.53 by $0.01. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The company had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.59 billion. During the same period last year, the company posted $1.48 earnings per share. The business’s revenue for the quarter was up 2.9% on a year-over-year basis. 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 EPS for the current year.

Emerson Electric Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th were given a dividend of $0.555 per share. This represents a $2.22 annualized dividend and a yield of 1.6%. The ex-dividend date was Friday, May 15th. Emerson Electric’s payout ratio is presently 51.27%.

Emerson Electric 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.

Further Reading

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