Vest Financial LLC boosted its stake in shares of Emerson Electric Co. (NYSE:EMR – Free Report) by 4.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 369,230 shares of the industrial products company’s stock after purchasing an additional 15,462 shares during the period. Vest Financial LLC’s holdings in Emerson Electric were worth $57,268,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Forvis Mazars Wealth Advisors LLC increased its stake in shares of Emerson Electric by 0.6% in the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 12,044 shares of the industrial products company’s stock valued at $1,868,000 after purchasing an additional 67 shares in the last quarter. Raiffeisen Bank International AG increased its holdings in Emerson Electric by 0.5% in the 2nd quarter. Raiffeisen Bank International AG now owns 14,777 shares of the industrial products company’s stock worth $2,110,000 after acquiring an additional 68 shares in the last quarter. Frank Rimerman Advisors LLC raised its position in Emerson Electric by 1.3% during the third quarter. Frank Rimerman Advisors LLC now owns 5,526 shares of the industrial products company’s stock worth $857,000 after acquiring an additional 73 shares during the period. Sapient Capital LLC lifted its holdings in Emerson Electric by 1.6% during the third quarter. Sapient Capital LLC now owns 4,850 shares of the industrial products company’s stock valued at $752,000 after purchasing an additional 76 shares in the last quarter. Finally, Magnus Financial Group LLC lifted its holdings in Emerson Electric by 3.9% during the third quarter. Magnus Financial Group LLC now owns 2,053 shares of the industrial products company’s stock valued at $318,000 after purchasing an additional 78 shares in the last quarter. 74.30% of the stock is owned by institutional investors and hedge funds.
Emerson Electric Trading Up 1.7%
Shares of Emerson Electric stock opened at $163.25 on Thursday. 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 stock’s 50 day simple moving average is $156.25 and its 200-day simple moving average is $147.55. The stock has a market cap of $91.43 billion, a P/E ratio of 35.72, a P/E/G ratio of 2.20 and a beta of 1.21. Emerson Electric Co. has a 1-year low of $122.64 and a 1-year high of $166.35.
Emerson Electric (NYSE:EMR – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.03. The firm had revenue of $4.87 billion for the quarter, compared to the consensus estimate 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 was up .0% compared to the same quarter last year. During the same quarter last year, the business 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. Analysts predict that Emerson Electric Co. will post 6.56 EPS for the current fiscal year.
Emerson Electric Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Friday, August 14th were paid a $0.5550 dividend. The ex-dividend date was Friday, August 14th. This represents a $2.22 annualized dividend and a dividend yield of 1.4%. Emerson Electric’s payout ratio is 48.58%.
Insider Activity at Emerson Electric
In other news, CEO Surendralal 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 position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.23% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on the stock. BNP Paribas Exane raised their price target on shares of Emerson Electric from $180.00 to $185.00 in a research note on Thursday, August 6th. Stephens lifted their price objective on Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. Mizuho boosted their price objective on Emerson Electric from $173.00 to $180.00 and gave the stock an “outperform” rating in a research note on Thursday, October 15th. KeyCorp reduced their target price on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a report on Monday, July 13th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Emerson Electric from $169.00 to $174.00 and gave the company a “hold” rating in a research report on Wednesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Emerson Electric currently has a consensus rating of “Moderate Buy” and a consensus price target of $172.17.
Emerson Electric Profile
Emerson Electric Co (NYSE: EMR) is a global technology and engineering company that provides automation, control, and industrial technology solutions. Its offerings include measurement and analytical instruments, control systems, valves, regulators, software, and related services used to improve the safety, efficiency, and reliability of industrial operations.
The company serves customers across industries such as energy, chemicals, life sciences, food and beverage, manufacturing, and commercial and residential applications.
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