I have come to think they cannot have emotions because emotions are generated in parts of our brain that are not logical/rational. They emerge based on environmental solicitations, mediated by hormones and other complex neuro-physical systems, not from a reasoning or verbalization. So they don't come up from the logical or reasoning capabilities. However, these emotions are raised and are integrated by the rest of our brain, including the logical/rational one like the dlPFC (dorsolateral prefrontal cortex, the real center of our rationality). Once the emotions are raised, they are therefore integrated in our inner reasoning and they affect our behavior.
What I have come to understand is that love is one of such emotions that is generated by our nature to push us to take care of some people close to us like our children or our partners, our parents, etc. More specifically, it seems that love is mediated a lot by hormones like oxytocin and vasopressin, so it has a biochemical basis. The LLM cannot have love because it doesn't have the "hardware" to generate these emotions and integrate them in its verbal inner reasoning. It was just trained by human reinforcement learning to behave well. That works up to some extent, but in reality, from its learning corpora it also learned to behave badly and on occasions can express these behaviors, but still it has no emotions.