8,045 Shares in Emerson Electric Co. $EMR Bought by Stonebridge Capital Management Inc.

Stonebridge Capital Management Inc. bought a new stake in Emerson Electric Co. (NYSE:EMRFree Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 8,045 shares of the industrial products company’s stock, valued at approximately $1,152,000.

Several other institutional investors have also modified their holdings of EMR. Basso Capital Management L.P. acquired a new position in Emerson Electric during the 4th quarter valued at about $25,000. Allied Private Wealth LLC bought a new stake in shares of Emerson Electric during the second quarter valued at approximately $27,000. IFC & Insurance Marketing Inc. acquired a new position in shares of Emerson Electric during the fourth quarter worth approximately $27,000. Motiv8 Investments LLC bought a new position in Emerson Electric in the 4th quarter worth approximately $27,000. Finally, Ares Financial Consulting LLC acquired a new stake in Emerson Electric in the 4th quarter valued at approximately $29,000. Institutional investors own 74.30% of the company’s stock.

Insider Activity

In other 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 transaction of $1,562,431.50. Following the sale, the chief executive officer directly owned 271,743 shares of the company’s stock, valued at $43,997,909.13. The trade was a 3.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.23% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

EMR has been the topic of a number of research analyst reports. Stephens raised their price target on Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. JPMorgan Chase & Co. upgraded shares of Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 target price for the company in a research report on Friday, July 17th. Barclays boosted their price target on shares of Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Wall Street Zen upgraded shares of Emerson Electric from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Finally, Wells Fargo & Company raised their price objective on shares of Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Thirteen research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $167.39.

View Our Latest Report on Emerson Electric

Emerson Electric Price Performance

Shares of NYSE EMR opened at $158.30 on Thursday. Emerson Electric Co. has a twelve month low of $122.64 and a twelve month high of $166.35. The company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. The firm has a 50-day moving average of $148.57 and a two-hundred day moving average of $143.49. The company has a market capitalization of $88.66 billion, a price-to-earnings ratio of 34.64, a PEG ratio of 2.30 and a beta of 1.24.

Emerson Electric (NYSE:EMRGet Free Report) last released its earnings results 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 business had revenue of $4.87 billion for the quarter, compared to the consensus estimate of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The business’s revenue for the quarter was up .0% on a year-over-year basis. During the same period in the previous year, the firm 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. As a group, analysts expect that Emerson Electric Co. will post 6.56 earnings per share 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. Stockholders 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 annualized dividend and a dividend yield of 1.4%. Emerson Electric’s dividend payout ratio (DPR) is currently 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.

Further Reading

Want to see what other hedge funds are holding EMR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Emerson Electric Co. (NYSE:EMRFree Report).

Institutional Ownership by Quarter for Emerson Electric (NYSE:EMR)

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.