Peak Asset Management LLC Purchases Shares of 114,844 Emerson Electric Co. $EMR

Peak Asset Management LLC acquired a new position in shares of Emerson Electric Co. (NYSE:EMR) in the 2nd quarter, HoldingsChannel reports. The fund acquired 114,844 shares of the industrial products company’s stock, valued at approximately $16,440,000. Emerson Electric makes up 2.4% of Peak Asset Management LLC’s holdings, making the stock its 16th largest position.

Several other institutional investors and hedge funds have also bought and sold shares of EMR. Brighton Jones LLC increased its stake in Emerson Electric by 74.1% in the fourth quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company’s stock valued at $1,412,000 after purchasing an additional 4,850 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in Emerson Electric in the 1st quarter valued at about $232,000. Caxton Associates LLP acquired a new position in Emerson Electric during the 1st quarter worth approximately $275,000. Sivia Capital Partners LLC bought a new position in Emerson Electric in the second quarter worth approximately $203,000. Finally, Jump Financial LLC increased its holdings in shares of Emerson Electric by 121.5% during the second quarter. Jump Financial LLC now owns 10,543 shares of the industrial products company’s stock valued at $1,406,000 after acquiring an additional 5,783 shares in the last quarter. 74.30% of the stock is owned by institutional investors.

Emerson Electric Stock Up 0.2%

Emerson Electric stock opened at $157.56 on Tuesday. 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 firm’s 50-day simple moving average is $148.26 and its 200 day simple moving average is $143.46. The stock has a market cap of $88.25 billion, a PE ratio of 34.48, a price-to-earnings-growth ratio of 2.34 and a beta of 1.24.

Emerson Electric (NYSE:EMR) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, topping the consensus estimate 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 net margin of 13.83% and a return on equity of 17.58%. The company’s quarterly revenue was up .0% compared to the same quarter last year. During the same quarter 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. Research analysts predict that Emerson Electric Co. will post 6.55 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The firm 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 $0.555 dividend. This represents a $2.22 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Friday, August 14th. Emerson Electric’s dividend payout ratio is 48.58%.

Insider Activity

In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction 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 sale, the chief executive officer directly owned 271,743 shares in the company, valued at $43,997,909.13. The trade was a 3.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.23% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Wall Street Zen upgraded Emerson Electric from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Rothschild & Co Redburn raised their price objective on shares of Emerson Electric from $165.00 to $180.00 in a research note on Thursday, August 6th. Royal Bank Of Canada boosted their target price on shares of Emerson Electric from $169.00 to $179.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. KeyCorp dropped their price target on shares of Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a research report on Monday, July 13th. 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 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 stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $167.39.

Emerson Electric 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.