Stack Financial Management Inc acquired a new position in Emerson Electric Co. (NYSE:EMR – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 150,577 shares of the industrial products company’s stock, valued at approximately $21,555,000. Emerson Electric makes up about 1.7% of Stack Financial Management Inc’s investment portfolio, making the stock its 26th biggest holding.
Other institutional investors and hedge funds have also bought and sold shares of the company. Basso Capital Management L.P. bought a new position in shares of Emerson Electric during the 4th quarter worth $25,000. Allied Private Wealth LLC bought a new position in Emerson Electric during the 2nd quarter worth about $27,000. IFC & Insurance Marketing Inc. bought a new stake in shares of Emerson Electric in the 4th quarter valued at about $27,000. Motiv8 Investments LLC bought a new position in shares of Emerson Electric during the fourth quarter valued at approximately $27,000. Finally, Darwin Wealth Management LLC bought a new position in Emerson Electric in the second quarter worth approximately $29,000. 74.30% of the stock is owned by institutional investors.
Analysts Set New Price Targets
Several research analysts have recently commented on the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Emerson Electric in a research report on Friday, July 31st. Wells Fargo & Company increased their price target on shares of Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a research report on Thursday, May 7th. 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 target on Emerson Electric from $180.00 to $185.00 in a research report on Thursday, August 6th. Finally, BMO Capital Markets boosted their target price on Emerson Electric from $157.00 to $175.00 in a research note on Thursday, August 6th. Thirteen 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. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $166.96.
Insider Activity at Emerson Electric
In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of Emerson Electric 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 transaction, the chief executive officer owned 271,743 shares in the company, valued at $43,997,909.13. The trade was a 3.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.23% of the stock is owned by company insiders.
Emerson Electric Trading Down 0.7%
Shares of Emerson Electric stock opened at $163.07 on Friday. The stock has a market cap of $91.33 billion, a PE ratio of 35.68, a price-to-earnings-growth ratio of 2.43 and a beta of 1.24. The firm has a fifty day moving average price of $146.32 and a 200 day moving average price of $143.14. 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.
Emerson Electric (NYSE:EMR – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.68 by $0.03. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The company had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. During the same period in the previous year, the company posted $1.52 earnings per share. Emerson Electric’s revenue for the quarter was up .0% on a year-over-year basis. 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. Equities research analysts predict 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. Stockholders of record on Friday, August 14th will be paid a dividend of $0.555 per share. This represents a $2.22 annualized dividend 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 presently 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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