MASTERINVEST Kapitalanlage GmbH purchased a new position in shares of Emerson Electric Co. (NYSE:EMR – Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 5,592 shares of the industrial products company’s stock, valued at approximately $800,000.
Several other hedge funds and other institutional investors have also bought and sold shares of the business. PensionDanmark Pensionsforsikringsaktieselskab grew its stake in shares of Emerson Electric by 9.4% during the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 101,731 shares of the industrial products company’s stock worth $14,563,000 after buying an additional 8,700 shares during the last quarter. BlackRock Inc. acquired a new stake in shares of Emerson Electric during the 2nd quarter valued at $6,193,425,000. Fisher Asset Management LLC grew its position in Emerson Electric by 14.8% during the 4th quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company’s stock worth $954,405,000 after acquiring an additional 928,548 shares during the last quarter. Truist Financial Corp increased its holdings in Emerson Electric by 4.6% in the 4th quarter. Truist Financial Corp now owns 1,185,160 shares of the industrial products company’s stock worth $157,294,000 after purchasing an additional 52,440 shares in the last quarter. Finally, Legal & General Group Plc raised its position in Emerson Electric by 2.1% in the fourth quarter. Legal & General Group Plc now owns 4,114,470 shares of the industrial products company’s stock valued at $546,072,000 after purchasing an additional 84,064 shares during the last quarter. Hedge funds and other institutional investors own 74.30% of the company’s stock.
Analyst Ratings Changes
Several analysts have recently weighed in on the company. Weiss Ratings restated a “hold (c+)” rating on shares of Emerson Electric in a report on Friday, July 31st. Barclays boosted their target price 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. Wells Fargo & Company lifted their price target on shares of Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. Citigroup boosted their price objective on shares of Emerson Electric from $174.00 to $182.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Finally, JPMorgan Chase & Co. raised 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. Thirteen research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $167.83.
Insider Activity at Emerson Electric
In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the firm’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 directly owned 271,743 shares in the company, valued at $43,997,909.13. This trade represents a 3.43% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.23% of the stock is currently owned by corporate insiders.
Emerson Electric Trading Down 1.5%
Shares of EMR stock opened at $155.37 on Friday. Emerson Electric Co. has a fifty-two week low of $122.64 and a fifty-two week high of $166.35. 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 has a 50 day simple moving average of $148.79 and a two-hundred day simple moving average of $143.58. The company has a market cap of $87.02 billion, a P/E ratio of 34.00, a PEG ratio of 2.35 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, topping analysts’ consensus estimates of $1.68 by $0.03. The firm 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 company’s revenue for the quarter was up .0% compared to the same quarter last year. During the same period in the prior year, the business 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. Research analysts forecast that Emerson Electric Co. will post 6.54 earnings per share for the current 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 given a dividend of $0.555 per share. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. Emerson Electric’s dividend payout ratio is 48.58%.
About Emerson Electric
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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