Grandfield & Dodd LLC Buys Shares of 15,095 Emerson Electric Co. $EMR

Grandfield & Dodd LLC acquired a new stake in Emerson Electric Co. (NYSE:EMRFree Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 15,095 shares of the industrial products company’s stock, valued at approximately $2,161,000.

Several other large investors also recently bought and sold shares of EMR. Vanguard Group Inc. increased its position in shares of Emerson Electric by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 54,909,180 shares of the industrial products company’s stock valued at $7,287,546,000 after purchasing an additional 578,242 shares during the last quarter. BlackRock Inc. purchased a new position in shares of Emerson Electric during the second quarter worth about $6,193,425,000. State Street Corp increased its position in Emerson Electric by 2.0% during the fourth quarter. State Street Corp now owns 27,483,440 shares of the industrial products company’s stock worth $3,647,602,000 after buying an additional 541,887 shares during the period. Bank of America Corp DE increased its holdings in shares of Emerson Electric by 13.1% in the 1st quarter. Bank of America Corp DE now owns 19,941,844 shares of the industrial products company’s stock valued at $2,612,780,000 after acquiring an additional 2,302,055 shares during the period. Finally, Geode Capital Management LLC increased its stake in Emerson Electric by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 12,328,324 shares of the industrial products company’s stock valued at $1,628,638,000 after purchasing an additional 76,488 shares during the period. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Emerson Electric Trading Down 0.7%

Shares of EMR opened at $162.06 on Tuesday. The firm has a market capitalization of $90.77 billion, a P/E ratio of 35.46, a price-to-earnings-growth ratio of 2.43 and a beta of 1.24. 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 stock’s fifty day simple moving average is $146.78 and its 200 day simple moving average is $143.19.

Emerson Electric (NYSE:EMRGet 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 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% on a year-over-year basis. During the same quarter in the previous 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. On average, equities research analysts forecast that Emerson Electric Co. will post 6.55 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. Shareholders of record on Friday, August 14th will be paid 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 is Friday, August 14th. Emerson Electric’s payout ratio is currently 48.58%.

Insiders Place Their Bets

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the company’s stock in a transaction that occurred on 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. This represents a 3.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.23% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on EMR. Sanford C. Bernstein boosted their target price on Emerson Electric from $169.00 to $186.00 and gave the company an “outperform” rating in a report on Friday. BNP Paribas Exane increased their target price on shares of Emerson Electric from $180.00 to $185.00 in a report on Thursday, August 6th. JPMorgan Chase & Co. raised Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price target for the company in a research note on Friday, July 17th. HSBC lifted their price objective on Emerson Electric from $170.00 to $180.00 in a research report on Thursday, August 6th. Finally, Royal Bank Of Canada upped their target price on shares of Emerson Electric from $169.00 to $179.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Thirteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $166.96.

Get Our Latest Analysis on EMR

Emerson Electric Company Profile

(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

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

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