Cornerstone Advisors LLC Invests $12.11 Million in Emerson Electric Co. $EMR

Cornerstone Advisors LLC bought a new stake in Emerson Electric Co. (NYSE:EMR) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 84,600 shares of the industrial products company’s stock, valued at approximately $12,110,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Basso Capital Management L.P. acquired a new stake in Emerson Electric in the 4th quarter valued at about $25,000. Allied Private Wealth LLC purchased a new position in Emerson Electric in the 2nd quarter worth approximately $27,000. IFC & Insurance Marketing Inc. acquired a new position in shares of Emerson Electric during the 4th quarter worth approximately $27,000. Motiv8 Investments LLC purchased a new stake in shares of Emerson Electric in the fourth quarter valued at approximately $27,000. Finally, Ares Financial Consulting LLC acquired a new stake in shares of Emerson Electric in the fourth quarter valued at approximately $29,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Emerson Electric Stock Down 0.7%

Shares of NYSE EMR opened at $162.06 on Tuesday. The business’s 50 day moving average is $146.78 and its two-hundred day moving average is $143.19. Emerson Electric Co. has a 52-week low of $122.64 and a 52-week high of $166.35. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37. The firm has a market cap of $90.77 billion, a price-to-earnings ratio of 35.46, a PEG ratio of 2.43 and a beta of 1.24.

Emerson Electric (NYSE:EMR) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.03. The company had revenue of $4.87 billion during the quarter, compared to analysts’ expectations of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.Emerson Electric’s revenue for the quarter was up .0% on a year-over-year basis. During the same period last year, the business posted $1.52 EPS. 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. Research analysts predict that Emerson Electric Co. will post 6.55 EPS for the current year.

Emerson Electric Announces Dividend

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

Analyst Ratings Changes

A number of equities analysts have weighed in on EMR shares. HSBC boosted their price objective on Emerson Electric from $170.00 to $180.00 in a research note on Thursday, August 6th. Barclays lifted their price target on Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. JPMorgan Chase & Co. raised shares of Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price target on the stock in a research report on Friday, July 17th. BNP Paribas Exane raised their price objective on shares of Emerson Electric from $180.00 to $185.00 in a research report on Thursday, August 6th. Finally, DA Davidson assumed coverage on shares of Emerson Electric in a research note on Tuesday, June 16th. They set a “neutral” rating and a $145.00 target price on the stock. Thirteen investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Emerson Electric has a consensus rating of “Moderate Buy” and an average price target of $166.96.

Insider Activity

In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction on 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 directly 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 document filed with the SEC, which is accessible through this hyperlink. 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.