Global Retirement Partners LLC Makes New Investment in Emerson Electric Co. $EMR

Global Retirement Partners LLC purchased a new stake in shares of Emerson Electric Co. (NYSE:EMRFree Report) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 17,918 shares of the industrial products company’s stock, valued at approximately $2,565,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of EMR. Vanguard Group Inc. boosted its holdings in Emerson Electric by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 54,909,180 shares of the industrial products company’s stock worth $7,287,546,000 after buying an additional 578,242 shares during the period. State Street Corp boosted its stake in shares of Emerson Electric by 2.0% in the fourth quarter. State Street Corp now owns 27,483,440 shares of the industrial products company’s stock worth $3,647,602,000 after acquiring an additional 541,887 shares during the period. Bank of America Corp DE boosted its stake in shares of Emerson Electric by 13.1% in the first quarter. Bank of America Corp DE now owns 19,941,844 shares of the industrial products company’s stock worth $2,612,780,000 after acquiring an additional 2,302,055 shares during the period. Geode Capital Management LLC raised its stake in Emerson Electric by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 12,328,324 shares of the industrial products company’s stock valued at $1,628,638,000 after purchasing an additional 76,488 shares during the period. Finally, Wells Fargo & Company MN raised its stake in Emerson Electric by 1.3% during the 4th quarter. Wells Fargo & Company MN now owns 10,840,109 shares of the industrial products company’s stock valued at $1,438,699,000 after purchasing an additional 134,049 shares during the period. 74.30% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have weighed in on EMR. Citigroup upped their price target on Emerson Electric from $174.00 to $182.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Barclays boosted their target price on shares of Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. BNP Paribas Exane upped their target price on shares of Emerson Electric from $180.00 to $185.00 in a research report on Thursday, August 6th. HSBC raised their target price on shares of Emerson Electric from $170.00 to $180.00 in a research note on Thursday, August 6th. Finally, Wall Street Zen upgraded shares of Emerson Electric from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Thirteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $166.96.

Get Our Latest Report on EMR

Emerson Electric Trading Down 0.1%

EMR stock opened at $163.07 on Monday. The firm has a fifty day moving average price of $146.32 and a 200 day moving average price of $143.09. Emerson Electric Co. has a fifty-two week low of $122.64 and a fifty-two week high of $166.35. The firm has a market cap of $91.33 billion, a PE ratio of 35.68, a price-to-earnings-growth ratio of 2.43 and a beta of 1.24. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90.

Emerson Electric (NYSE:EMRGet Free Report) last released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.68 by $0.03. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The company had revenue of $4.87 billion for the quarter, compared to the consensus estimate of $4.80 billion. During the same quarter in the prior year, the firm earned $1.52 earnings per share. Emerson Electric’s revenue was up .0% on a year-over-year basis. Emerson Electric has set its FY 2026 guidance at 6.550-6.550 EPS and its Q4 2026 guidance at 1.850-1.850 EPS. Sell-side analysts anticipate that Emerson Electric Co. will post 6.55 earnings per share for the current fiscal year.

Emerson Electric Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be issued a $0.555 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.4%. Emerson Electric’s dividend payout ratio (DPR) is presently 48.58%.

Insider Buying and Selling

In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total value of $1,562,431.50. Following the completion of the transaction, the chief executive officer owned 271,743 shares in the company, valued at approximately $43,997,909.13. This trade represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.23% of the company’s stock.

Emerson Electric Company 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.

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

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