135,100 Shares in Emerson Electric Co. $EMR Bought by Fidelity National Financial Inc.

Fidelity National Financial Inc. purchased a new stake in shares of Emerson Electric Co. (NYSE:EMRFree Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 135,100 shares of the industrial products company’s stock, valued at approximately $19,340,000. Emerson Electric accounts for approximately 0.6% of Fidelity National Financial Inc.’s holdings, making the stock its 16th largest holding.

A number of other large investors have also added to or reduced their stakes in EMR. BlackRock Inc. bought a new position in shares of Emerson Electric during the second quarter valued at about $6,193,425,000. Norges Bank purchased a new position in Emerson Electric during the 4th quarter valued at about $1,050,040,000. Bank of New York Mellon Corp bought a new position in Emerson Electric during the 2nd quarter valued at approximately $659,000,000. Bank of America Corp DE lifted its holdings in Emerson Electric by 13.1% in the 1st quarter. Bank of America Corp DE now owns 19,941,844 shares of the industrial products company’s stock worth $2,612,780,000 after buying an additional 2,302,055 shares during the period. Finally, Deutsche Bank AG purchased a new stake in Emerson Electric in the 2nd quarter worth approximately $211,212,000. Institutional investors own 74.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on EMR. Sanford C. Bernstein boosted their target price on Emerson Electric from $169.00 to $186.00 and gave the company an “outperform” rating in a research note on Friday, August 14th. Daiwa Securities Group cut their price target on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a report on Friday, May 15th. Wall Street Zen raised shares of Emerson Electric from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. BNP Paribas Exane upped their price objective on shares of Emerson Electric from $180.00 to $185.00 in a report on Thursday, August 6th. Finally, Rothschild & Co Redburn lifted their target price on shares of Emerson Electric from $165.00 to $180.00 in a research note on Thursday, August 6th. Thirteen research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Emerson Electric presently has a consensus rating of “Moderate Buy” and an average target price of $166.96.

Get Our Latest Analysis on Emerson Electric

Insider Transactions at Emerson Electric

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the business’s stock in a transaction on 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 sale, the chief executive officer directly 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.23% of the company’s stock.

Emerson Electric Trading Down 2.6%

Shares of NYSE EMR opened at $157.82 on Wednesday. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35. 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 moving average of $147.09 and a 200 day moving average of $143.26. The stock has a market cap of $88.39 billion, a P/E ratio of 34.53, a price-to-earnings-growth ratio of 2.43 and a beta of 1.24.

Emerson Electric (NYSE:EMRGet Free Report) last announced 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. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The business had revenue of $4.87 billion for the quarter, compared to analysts’ expectations of $4.80 billion. During the same quarter in the prior year, the company earned $1.52 earnings per share. The business’s revenue was up .0% compared to the same quarter last year. 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, sell-side analysts expect that Emerson Electric Co. will post 6.55 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

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 given a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. Emerson Electric’s dividend payout ratio (DPR) is 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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