North Star Asset Management Inc. bought a new position in shares of Emerson Electric Co. (NYSE:EMR – Free Report) during the second quarter, HoldingsChannel.com reports. The firm bought 10,245 shares of the industrial products company’s stock, valued at approximately $1,467,000.
Several other hedge funds also recently made changes to their positions in EMR. Rooted Wealth Advisors Inc. boosted its stake in shares of Emerson Electric by 3.0% in the fourth quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company’s stock valued at $291,000 after buying an additional 64 shares during the period. Cary Street Partners Investment Advisory LLC increased its stake in Emerson Electric by 2.4% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 3,098 shares of the industrial products company’s stock worth $411,000 after acquiring an additional 72 shares during the period. Zhang Financial LLC raised its holdings in Emerson Electric by 2.7% in the 4th quarter. Zhang Financial LLC now owns 2,892 shares of the industrial products company’s stock valued at $384,000 after acquiring an additional 76 shares in the last quarter. Root Financial Partners LLC lifted its position in shares of Emerson Electric by 3.6% during the 4th quarter. Root Financial Partners LLC now owns 2,227 shares of the industrial products company’s stock valued at $296,000 after acquiring an additional 78 shares during the period. Finally, REAP Financial Group LLC grew its holdings in shares of Emerson Electric by 4.4% during the 4th quarter. REAP Financial Group LLC now owns 1,892 shares of the industrial products company’s stock worth $251,000 after purchasing an additional 79 shares in the last quarter. 74.30% of the stock is owned by institutional investors.
Analyst Ratings Changes
EMR has been the subject of a number of analyst reports. KeyCorp dropped their price target on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a research note on Monday, July 13th. BMO Capital Markets raised their target price on shares of Emerson Electric from $157.00 to $175.00 in a report on Thursday, August 6th. Rothschild & Co Redburn boosted their target price on shares of Emerson Electric from $165.00 to $180.00 in a research report on Thursday, August 6th. Barclays upped their price target on shares of Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Finally, Daiwa Securities Group decreased their price objective on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a research note on Friday, May 15th. Thirteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $167.39.
Emerson Electric Stock Performance
NYSE:EMR opened at $157.58 on Friday. Emerson Electric Co. has a twelve month low of $122.64 and a twelve month high of $166.35. 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 stock’s 50-day simple moving average is $148.70 and its 200 day simple moving average is $143.49. The firm has a market capitalization of $88.26 billion, a PE ratio of 34.48, a price-to-earnings-growth ratio of 2.35 and a beta of 1.24.
Emerson Electric (NYSE:EMR – Get Free Report) last issued its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.68 by $0.03. The firm 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 business’s quarterly revenue was up .0% on a year-over-year basis. During the same quarter in the previous year, the firm 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. On average, analysts anticipate that Emerson Electric Co. will post 6.56 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 is Friday, August 14th. Emerson Electric’s dividend payout ratio is currently 48.58%.
Insider Buying and Selling
In related 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 transaction, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.23% of the stock is currently owned by insiders.
Emerson Electric Company 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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