Man Group plc Takes $3.67 Million Position in Emerson Electric Co. $EMR

Man Group plc purchased a new position in Emerson Electric Co. (NYSE:EMRFree Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 25,615 shares of the industrial products company’s stock, valued at approximately $3,667,000.

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

Insider Activity

In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $161.91, for a total value of $1,562,431.50. Following the sale, the chief executive officer directly owned 271,743 shares of the company’s stock, 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 Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.23% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the stock. Stephens raised their price objective on shares of Emerson Electric from $155.00 to $160.00 in a research note on Thursday, August 6th. BMO Capital Markets upped their target price on Emerson Electric from $157.00 to $175.00 in a research note on Thursday, August 6th. Rothschild & Co Redburn boosted their price target on Emerson Electric from $165.00 to $180.00 in a report on Thursday, August 6th. JPMorgan Chase & Co. upgraded Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price objective on the stock in a research report on Friday, July 17th. Finally, HSBC lifted their price objective on Emerson Electric from $170.00 to $180.00 in a research report on Thursday, August 6th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $167.83.

Get Our Latest Stock Report on Emerson Electric

Emerson Electric Trading Up 0.1%

Shares of EMR opened at $155.37 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 market capitalization of $87.02 billion, a PE ratio of 34.00, a price-to-earnings-growth ratio of 2.31 and a beta of 1.24. The stock has a fifty day moving average of $148.79 and a two-hundred day moving average of $143.46. 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 posted its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.68 by $0.03. The business had revenue of $4.87 billion for 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%.The business’s revenue was up .0% on a year-over-year basis. During the same quarter last year, the firm earned $1.52 earnings per share. 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 6.54 EPS for the current year.

Emerson Electric Dividend Announcement

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 issued a dividend of $0.555 per share. 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 is presently 48.58%.

About Emerson Electric

(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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