Emerson Electric Co. $EMR Shares Acquired by Plancorp LLC

Plancorp LLC lifted its stake in shares of Emerson Electric Co. (NYSE:EMR) by 1.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 275,361 shares of the industrial products company’s stock after purchasing an additional 3,719 shares during the period. Emerson Electric accounts for about 1.0% of Plancorp LLC’s portfolio, making the stock its 17th largest holding. Plancorp LLC’s holdings in Emerson Electric were worth $45,418,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. May Hill Capital LLC grew its holdings in Emerson Electric by 7.4% in the 3rd quarter. May Hill Capital LLC now owns 3,654 shares of the industrial products company’s stock valued at $567,000 after buying an additional 251 shares in the last quarter. Waycross Partners LLC increased its stake in shares of Emerson Electric by 13.7% in the 3rd quarter. Waycross Partners LLC now owns 206,426 shares of the industrial products company’s stock worth $32,017,000 after acquiring an additional 24,931 shares during the last quarter. Ashton Thomas Private Wealth LLC raised its holdings in shares of Emerson Electric by 30.1% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 22,898 shares of the industrial products company’s stock worth $3,552,000 after acquiring an additional 5,291 shares during the period. Asset One Wealth Management LLC raised its holdings in shares of Emerson Electric by 9.8% during the 3rd quarter. Asset One Wealth Management LLC now owns 2,470 shares of the industrial products company’s stock worth $383,000 after acquiring an additional 220 shares during the period. Finally, International Assets Investment Management LLC boosted its position in shares of Emerson Electric by 1.7% during the 3rd quarter. International Assets Investment Management LLC now owns 4,539 shares of the industrial products company’s stock valued at $720,000 after acquiring an additional 78 shares during the last quarter. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Emerson Electric

Here are the key news stories impacting Emerson Electric this week:

• Positive Sentiment: Emerson’s fourth-quarter results beat expectations, while orders rose 14%, pointing to solid demand. Emerson Q4 earnings beat as orders jump 14%
• Positive Sentiment: Several firms lifted their targets and maintained bullish ratings: BNP Paribas Exane and KeyCorp set targets of $200, Citigroup $198, and RBC and Bernstein $196. Jefferies also raised its target to $200. These revisions signal stronger analyst optimism. BNP Paribas Exane ratings Jefferies raises target
• Positive Sentiment: Emerson raised its quarterly dividend 7.2% to $0.595 per share, extending its annual dividend-growth streak to 71 years. The increase supports the income-investor case, although the yield is relatively modest. Emerson raises dividend
• Neutral Sentiment: Recent coverage says analysts are broadly upbeat and cites LNG investment and reshoring as potential growth tailwinds, while acknowledging that the stock’s valuation is rich. Analyst estimates and ratings LNG and reshoring analysis
• Negative Sentiment: A separate Morgan Stanley forecast was characterized as pessimistic, providing a cautionary counterpoint to the recent analyst upgrades. Morgan Stanley forecast

Emerson Electric Trading Down 0.2%

NYSE:EMR traded down $0.33 on Friday, reaching $162.28. The company’s stock had a trading volume of 2,646,960 shares, compared to its average volume of 2,874,288. Emerson Electric Co. has a 12-month low of $122.64 and a 12-month high of $172.00. 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 $90.89 billion, a price-to-earnings ratio of 33.95, a price-to-earnings-growth ratio of 2.31 and a beta of 1.23. The stock has a 50 day moving average price of $157.91 and a 200 day moving average price of $147.61.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings results on Wednesday, November 4th. The industrial products company reported $1.86 EPS for the quarter, beating the consensus estimate of $1.85 by $0.01. The business had revenue of $5.20 billion for the quarter, compared to analyst estimates of $5.11 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%. The company’s quarterly revenue was up .0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.62 EPS. On average, equities analysts anticipate that Emerson Electric Co. will post 7.21 EPS for the current fiscal year.

Emerson Electric Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Friday, November 13th will be given a $0.5950 dividend. The ex-dividend date of this dividend is Friday, November 13th. This is an increase from Emerson Electric’s previous quarterly dividend of $0.5550. This represents a $2.38 dividend on an annualized basis and a yield of 1.5%. Emerson Electric’s dividend payout ratio is currently 46.44%.

Insider Buying and Selling

In other Emerson Electric news, CEO Surendralal Karsanbhai sold 9,650 shares of the stock in a transaction dated 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 transaction, the chief executive officer owned 271,743 shares of the company’s stock, valued at $43,997,909.13. This trade represents a 3.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.23% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Evercore dropped their price objective on shares of Emerson Electric from $190.00 to $185.00 and set an “outperform” rating for the company in a report on Monday, August 31st. Sanford C. Bernstein raised their price objective on shares of Emerson Electric from $186.00 to $196.00 and gave the stock an “outperform” rating in a research report on Thursday. KeyCorp lifted their target price on shares of Emerson Electric from $170.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday. BNP Paribas Exane boosted their target price on shares of Emerson Electric from $185.00 to $200.00 and gave the company an “outperform” rating in a report on Thursday. Finally, BMO Capital Markets raised shares of Emerson Electric from a “hold” rating to a “strong-buy” rating in a research note on Sunday, November 1st. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Emerson Electric presently has an average rating of “Moderate Buy” and a consensus price target of $175.38.

Emerson Electric Company Profile

Emerson Electric Co is a global technology and engineering company focused on automation. It develops products and systems that help industrial and commercial customers monitor and control operations, including measurement instruments, control systems, valves, actuators, and industrial software.

The company serves customers across industries and regions worldwide. Its portfolio includes technologies for process and factory automation, as well as software used to design, operate, and optimize industrial facilities.

Founded in 1890 and headquartered in St.