Tocqueville Asset Management L.P. Invests $41.87 Million in Emerson Electric Co. $EMR

Tocqueville Asset Management L.P. purchased a new stake in shares of Emerson Electric Co. (NYSE:EMR) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 292,469 shares of the industrial products company’s stock, valued at approximately $41,867,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. BlackRock Inc. purchased a new position in shares of Emerson Electric during the second quarter valued at approximately $6,193,425,000. Norges Bank purchased a new stake in shares of Emerson Electric in the 4th quarter worth approximately $1,050,040,000. Bank of New York Mellon Corp purchased a new position in Emerson Electric during the second quarter valued at $659,000,000. Bank of America Corp DE grew its stake in shares of Emerson Electric by 13.1% in the first quarter. Bank of America Corp DE now owns 19,941,844 shares of the industrial products company’s stock worth $2,612,780,000 after acquiring an additional 2,302,055 shares during the last quarter. Finally, Deutsche Bank AG bought a new position in shares of Emerson Electric during the second quarter valued at $211,212,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on EMR. Wells Fargo & Company lifted their target price 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. Stephens raised their target price on shares of Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. BNP Paribas Exane boosted their target price on shares of Emerson Electric from $180.00 to $185.00 in a research note on Thursday, August 6th. Wall Street Zen raised Emerson Electric from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Finally, JPMorgan Chase & Co. raised Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 price objective for the company in a report on Friday, July 17th. Thirteen investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $166.96.

Emerson Electric Trading Down 0.1%

Shares of Emerson Electric stock opened at $157.60 on Thursday. Emerson Electric Co. has a 1-year low of $122.64 and a 1-year high of $166.35. The company’s fifty day simple moving average is $147.50 and its 200-day simple moving average is $143.31. 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 stock has a market capitalization of $88.27 billion, a PE ratio of 34.49, a P/E/G ratio of 2.35 and a beta of 1.24.

Emerson Electric (NYSE:EMR) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.03. The company 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%.Emerson Electric’s revenue for the quarter was up .0% compared to the same quarter last year. During the same period last year, the firm 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. As a group, equities analysts anticipate 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. 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 payout ratio is presently 48.58%.

Insider Activity

In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the business’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 transaction of $1,562,431.50. Following the completion of the transaction, the chief executive officer directly owned 271,743 shares in the company, valued at approximately $43,997,909.13. The trade was a 3.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.23% of the company’s stock.

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.