National Wealth Management Group LLC purchased a new position in shares of Emerson Electric Co. (NYSE:EMR – Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 6,925 shares of the industrial products company’s stock, valued at approximately $908,000.
A number of other hedge funds also recently made changes to their positions in EMR. Norges Bank bought a new stake in Emerson Electric in the second quarter valued at about $918,830,000. JPMorgan Chase & Co. raised its holdings in shares of Emerson Electric by 75.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 12,538,402 shares of the industrial products company’s stock worth $1,671,762,000 after buying an additional 5,371,585 shares in the last quarter. Schroder Investment Management Group lifted its position in shares of Emerson Electric by 51.6% during the 2nd quarter. Schroder Investment Management Group now owns 6,346,398 shares of the industrial products company’s stock worth $846,165,000 after buying an additional 2,159,126 shares during the period. Fisher Asset Management LLC boosted its stake in Emerson Electric by 43.0% in the 2nd quarter. Fisher Asset Management LLC now owns 5,193,448 shares of the industrial products company’s stock valued at $692,442,000 after buying an additional 1,561,600 shares in the last quarter. Finally, Nordea Investment Management AB grew its position in Emerson Electric by 19.5% in the second quarter. Nordea Investment Management AB now owns 9,195,005 shares of the industrial products company’s stock valued at $1,223,947,000 after acquiring an additional 1,499,000 shares during the period. Institutional investors and hedge funds own 74.30% of the company’s stock.
Insider Activity at Emerson Electric
In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of the company’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $133.00, for a total value of $965,979.00. Following the completion of the sale, the chief executive officer owned 196,292 shares of the company’s stock, valued at approximately $26,106,836. This represents a 3.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.23% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast Growth
Get Our Latest Stock Analysis on EMR
Emerson Electric Stock Down 1.7%
Shares of NYSE EMR opened at $147.71 on Monday. Emerson Electric Co. has a 1 year low of $90.06 and a 1 year high of $151.74. The firm’s 50-day moving average is $137.30 and its 200-day moving average is $135.59. The company has a current ratio of 0.88, a quick ratio of 0.65 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $83.05 billion, a PE ratio of 36.56, a price-to-earnings-growth ratio of 2.39 and a beta of 1.26.
Emerson Electric (NYSE:EMR – Get Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The industrial products company reported $1.62 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.62. Emerson Electric had a net margin of 12.73% and a return on equity of 15.87%. The business had revenue of $4.86 billion during the quarter, compared to the consensus estimate of $4.91 billion. During the same period in the previous year, the firm posted $1.48 earnings per share. Emerson Electric’s revenue for the quarter was up 5.1% compared to the same quarter last year. Emerson Electric has set its FY 2026 guidance at 6.350-6.550 EPS and its Q1 2026 guidance at 1.400-1.400 EPS. Equities analysts expect that Emerson Electric Co. will post 5.96 EPS for the current year.
Emerson Electric declared that its board has authorized a share repurchase program on Wednesday, November 5th that permits the company to buyback $0.00 in shares. This buyback authorization permits the industrial products company to buy shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.
Emerson Electric Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 14th were issued a $0.555 dividend. This is a boost from Emerson Electric’s previous quarterly dividend of $0.53. This represents a $2.22 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Friday, November 14th. Emerson Electric’s dividend payout ratio is currently 54.95%.
About Emerson Electric
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.
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