Turtle Creek Wealth Advisors LLC Acquires 9,499 Shares of Emerson Electric Co. $EMR

Turtle Creek Wealth Advisors LLC increased its holdings in Emerson Electric Co. (NYSE:EMR) by 162.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,352 shares of the industrial products company’s stock after purchasing an additional 9,499 shares during the quarter. Turtle Creek Wealth Advisors LLC’s holdings in Emerson Electric were worth $2,381,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of EMR. PensionDanmark Pensionsforsikringsaktieselskab increased its stake in Emerson Electric by 9.4% during the 2nd quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 101,731 shares of the industrial products company’s stock worth $14,563,000 after buying an additional 8,700 shares in the last quarter. BlackRock Inc. purchased a new position in shares of Emerson Electric in the second quarter valued at approximately $6,193,425,000. Corient Private Wealth LP purchased a new position in shares of Emerson Electric in the second quarter valued at approximately $129,817,000. Generali Investments Management Co LLC boosted its stake in shares of Emerson Electric by 91.2% in the second quarter. Generali Investments Management Co LLC now owns 31,339 shares of the industrial products company’s stock worth $4,486,000 after acquiring an additional 14,952 shares during the last quarter. Finally, Concurrent Investment Advisors LLC increased its position in shares of Emerson Electric by 21.5% during the second quarter. Concurrent Investment Advisors LLC now owns 66,724 shares of the industrial products company’s stock worth $9,552,000 after purchasing an additional 11,802 shares in the last quarter. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Emerson Electric Price Performance

Shares of NYSE:EMR traded down $0.56 during midday trading on Thursday, hitting $160.52. The company had a trading volume of 1,112,254 shares, compared to its average volume of 2,947,026. Emerson Electric Co. has a twelve month low of $122.64 and a twelve month high of $166.35. The stock has a market cap of $89.91 billion, a price-to-earnings ratio of 35.07, a price-to-earnings-growth ratio of 2.26 and a beta of 1.21. 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 business’s 50-day simple moving average is $156.13 and its 200-day simple moving average is $146.39.

Emerson Electric (NYSE:EMR) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.68 by $0.03. The company had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%. The firm’s revenue for the quarter was up .0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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. On average, research analysts predict that Emerson Electric Co. will post 6.55 earnings per share for the current year.

Emerson Electric Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Friday, August 14th were paid a $0.5550 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $2.22 annualized dividend and a dividend yield of 1.4%. Emerson Electric’s dividend payout ratio is 48.58%.

Analyst Ratings Changes

Several research analysts recently commented on the company. BMO Capital Markets increased their price objective on Emerson Electric from $157.00 to $175.00 in a research note on Thursday, August 6th. Evercore lowered their target price on shares of Emerson Electric from $190.00 to $185.00 and set an “outperform” rating on the stock in a research note on Monday, August 31st. HSBC upped their target price on shares of Emerson Electric from $170.00 to $180.00 in a report on Thursday, August 6th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Emerson Electric from $169.00 to $174.00 and gave the company a “hold” rating in a research report on Wednesday, September 30th. Finally, Stephens raised their price target on shares of Emerson Electric from $155.00 to $160.00 in a research note on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $171.75.

Insider Activity

In other news, CEO Surendralal Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction that occurred 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 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 filing with the Securities & Exchange Commission, which can be accessed through this link. 0.23% of the stock is owned by corporate insiders.

Emerson Electric Company Profile

Emerson Electric Co is a global technology and engineering company that provides products, software and services for industrial, commercial and residential applications. Its offerings help customers automate processes, measure and control operations, improve equipment performance, and manage complex industrial systems.

The company’s portfolio includes process-control and automation systems, industrial software, measurement and analytical instruments, control valves, regulators, electrical equipment, and related services.