Lynch Asset Management Inc. acquired a new position in shares of Emerson Electric Co. (NYSE:EMR – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 27,500 shares of the industrial products company’s stock, valued at approximately $3,937,000. Emerson Electric comprises about 1.1% of Lynch Asset Management Inc.’s investment portfolio, making the stock its 26th largest holding.
A number of other large investors also recently modified their holdings of the business. Basso Capital Management L.P. acquired a new stake in shares of Emerson Electric in the fourth quarter worth $25,000. Allied Private Wealth LLC acquired a new position in Emerson Electric during the 2nd quarter valued at $27,000. IFC & Insurance Marketing Inc. acquired a new position in Emerson Electric during the 4th quarter valued at $27,000. Motiv8 Investments LLC bought a new stake in Emerson Electric in the 4th quarter valued at $27,000. Finally, Darwin Wealth Management LLC acquired a new stake in Emerson Electric in the 2nd quarter worth $29,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of brokerages have recently commented on EMR. Daiwa Securities Group cut their price objective on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a research report on Friday, May 15th. JPMorgan Chase & Co. raised Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 target price on the stock in a research report on Friday, July 17th. Citigroup upped their price target on Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Rothschild & Co Redburn raised their price objective on Emerson Electric from $165.00 to $180.00 in a research report on Thursday, August 6th. Finally, BMO Capital Markets lifted their price objective on Emerson Electric from $157.00 to $175.00 in a report on Thursday, August 6th. Thirteen research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Emerson Electric has an average rating of “Moderate Buy” and a consensus price target of $166.96.
Emerson Electric Stock Performance
Shares of Emerson Electric stock opened at $163.07 on Monday. 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 firm has a 50 day simple moving average of $146.32 and a 200 day simple moving average of $143.09. Emerson Electric Co. has a fifty-two week low of $122.64 and a fifty-two week high of $166.35. The firm has a market cap of $91.33 billion, a P/E ratio of 35.68, a P/E/G ratio of 2.43 and a beta of 1.24.
Emerson Electric (NYSE:EMR – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, beating 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 firm’s quarterly revenue was up .0% compared to the same quarter last year. During the same quarter last year, the business 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. Sell-side analysts predict that Emerson Electric Co. will post 6.55 earnings per share for the current fiscal year.
Emerson Electric Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be paid a dividend of $0.555 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.4%. Emerson Electric’s payout ratio is 48.58%.
Insider Buying and Selling
In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the company’s 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 sale, the chief executive officer owned 271,743 shares in the company, valued at approximately $43,997,909.13. This represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate 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.
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