Plato Investment Management Ltd acquired a new position in Emerson Electric Co. (NYSE:EMR – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 14,122 shares of the industrial products company’s stock, valued at approximately $2,010,000.
A number of other large investors also recently added to or reduced their stakes in the business. Bell Investment Advisors Inc bought a new stake in shares of Emerson Electric during the second quarter worth approximately $197,000. AMG National Trust Bank acquired a new stake in Emerson Electric during the 2nd quarter worth $1,443,000. Compass Capital Management Inc. bought a new stake in shares of Emerson Electric during the 2nd quarter valued at $311,000. Roman Butler Fullerton & Co. acquired a new position in shares of Emerson Electric in the 2nd quarter valued at $1,689,000. Finally, Simplicity Wealth LLC bought a new position in shares of Emerson Electric in the 2nd quarter worth $1,084,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
EMR has been the topic of several analyst reports. Citigroup increased their target price on Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Stephens upped their price target on Emerson Electric from $155.00 to $160.00 in a research note on Thursday, August 6th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Emerson Electric in a research report on Friday, July 31st. Rothschild & Co Redburn boosted their price objective on shares of Emerson Electric from $165.00 to $180.00 in a report on Thursday, August 6th. Finally, KeyCorp cut their target price on shares of Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. Thirteen research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Emerson Electric presently has an average rating of “Moderate Buy” and an average price target of $166.96.
Emerson Electric Stock Down 0.7%
Shares of Emerson Electric stock opened at $162.06 on Tuesday. The company 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. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66. The business has a 50-day moving average of $146.78 and a two-hundred day moving average of $143.19. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35.
Emerson Electric (NYSE:EMR – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.68 by $0.03. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The business had revenue of $4.87 billion for the quarter, compared to analysts’ expectations of $4.80 billion. During the same quarter in the previous year, the business posted $1.52 EPS. 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. As a group, equities analysts predict that Emerson Electric Co. will post 6.55 EPS for the current year.
Emerson Electric Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 14th will be paid a $0.555 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a yield of 1.4%. Emerson Electric’s payout ratio is presently 48.58%.
Insider Activity
In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $161.91, for a total transaction of $1,562,431.50. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.23% of the stock is owned by corporate 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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