Simplicity Wealth LLC purchased a new stake in shares of Emerson Electric Co. (NYSE:EMR – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,573 shares of the industrial products company’s stock, valued at approximately $1,084,000.
Other institutional investors also recently made changes to their positions in the company. Basso Capital Management L.P. acquired a new position in shares of Emerson Electric during the fourth quarter valued at approximately $25,000. Allied Private Wealth LLC acquired a new stake in shares of Emerson Electric in the second quarter valued at $27,000. IFC & Insurance Marketing Inc. acquired a new position in Emerson Electric during the fourth quarter worth about $27,000. Motiv8 Investments LLC acquired a new stake in Emerson Electric in the 4th quarter valued at about $27,000. Finally, Darwin Wealth Management LLC acquired a new position in shares of Emerson Electric in the 2nd quarter worth approximately $29,000. 74.30% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several research firms have issued reports on EMR. Rothschild & Co Redburn lifted their price target on shares of Emerson Electric from $165.00 to $180.00 in a research report on Thursday, August 6th. Daiwa Securities Group decreased their target price on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a report on Friday, May 15th. Citigroup upped their price objective on shares of Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Wall Street Zen upgraded shares of Emerson Electric from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, Stephens raised their target price on Emerson Electric from $155.00 to $160.00 in a research report on Thursday, August 6th. Thirteen research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Emerson Electric presently has an average rating of “Moderate Buy” and an average target price of $166.96.
Emerson Electric Stock Down 0.1%
Emerson Electric stock opened at $163.07 on Monday. Emerson Electric Co. has a fifty-two week low of $122.64 and a fifty-two week high of $166.35. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66. The firm has a market cap of $91.33 billion, a price-to-earnings ratio of 35.68, a P/E/G ratio of 2.43 and a beta of 1.24. The firm has a fifty day moving average price of $146.32 and a two-hundred day moving average price of $143.09.
Emerson Electric (NYSE:EMR – Get Free Report) last issued its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.68 by $0.03. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The firm had revenue of $4.87 billion during the quarter, compared to analysts’ expectations of $4.80 billion. During the same period last year, the business earned $1.52 earnings per share. Emerson Electric’s quarterly revenue was up .0% compared to the same quarter last year. 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. As a group, analysts forecast that Emerson Electric Co. will post 6.55 earnings per share for the current year.
Emerson Electric Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 14th will be given a dividend of $0.555 per share. The ex-dividend date is Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a yield of 1.4%. Emerson Electric’s dividend payout ratio is presently 48.58%.
Insider Activity
In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $161.91, for a total transaction of $1,562,431.50. Following the completion of the sale, the chief executive officer owned 271,743 shares of the company’s stock, valued at approximately $43,997,909.13. The trade was a 3.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.23% of the company’s stock.
Emerson Electric Profile
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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