Knuff & Co LLC bought a new stake in shares of Emerson Electric Co. (NYSE:EMR – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 3,400 shares of the industrial products company’s stock, valued at approximately $487,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in EMR. Basso Capital Management L.P. acquired a new position in shares of Emerson Electric during the 4th quarter worth about $25,000. Allied Private Wealth LLC purchased a new stake in Emerson Electric during the 2nd quarter worth approximately $27,000. IFC & Insurance Marketing Inc. acquired a new position in shares of Emerson Electric during the fourth quarter valued at approximately $27,000. Motiv8 Investments LLC purchased a new position in shares of Emerson Electric in the fourth quarter valued at approximately $27,000. Finally, MidFirst Bank acquired a new stake in shares of Emerson Electric in the second quarter worth approximately $31,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.
Analyst Ratings Changes
Several research analysts recently commented on EMR shares. BMO Capital Markets increased their price objective on Emerson Electric from $157.00 to $175.00 in a research note on Thursday, August 6th. Wall Street Zen raised shares of Emerson Electric from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. HSBC increased their target price on shares of Emerson Electric from $170.00 to $180.00 in a research report on Thursday, August 6th. DA Davidson assumed coverage on shares of Emerson Electric in a research note on Tuesday, June 16th. They issued a “neutral” rating and a $145.00 price target on the stock. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Emerson Electric in a research note on Friday, July 31st. Thirteen investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Emerson Electric has an average rating of “Moderate Buy” and an average price target of $166.96.
Insiders Place Their Bets
In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the stock in a transaction that occurred on Tuesday, August 11th. The shares were 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 of the company’s stock, valued at $43,997,909.13. This represents a 3.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.23% of the stock is owned by insiders.
Emerson Electric Stock Performance
NYSE EMR opened at $157.60 on Thursday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90. The stock’s fifty day moving average is $147.50 and its two-hundred day moving average is $143.31. The firm has a market capitalization of $88.27 billion, a P/E ratio of 34.49, a price-to-earnings-growth ratio of 2.35 and a beta of 1.24. Emerson Electric Co. has a fifty-two week low of $122.64 and a fifty-two week high of $166.35.
Emerson Electric (NYSE:EMR – Get Free Report) last issued its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.68 by $0.03. The business had revenue of $4.87 billion during 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 company’s revenue for the quarter was up .0% on a year-over-year basis. During the same period last year, the company earned $1.52 EPS. 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 anticipate that Emerson Electric Co. will post 6.55 earnings per share for the current year.
Emerson Electric Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders 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 yield of 1.4%. Emerson Electric’s payout ratio is 48.58%.
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.
See Also
- Five stocks we like better than Emerson Electric
- Bloom Energy’s AI Surge Meets a Valuation Reality Check
- Target Is Winning Shoppers Back—Can the Rally Reach $180?
- IonQ’s Space Contract Points to a New Frontier for Quantum Investors
- Is Apple’s AI Strategy Smarter Than Skeptics Think?
Receive News & Ratings for Emerson Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerson Electric and related companies with MarketBeat.com's FREE daily email newsletter.
