Birmingham Capital Management Co. Inc. AL Invests $7.54 Million in Emerson Electric Co. $EMR

Birmingham Capital Management Co. Inc. AL purchased a new stake in shares of Emerson Electric Co. (NYSE:EMRFree Report) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 52,675 shares of the industrial products company’s stock, valued at approximately $7,540,000. Emerson Electric makes up 2.9% of Birmingham Capital Management Co. Inc. AL’s investment portfolio, making the stock its 8th largest position.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Rooted Wealth Advisors Inc. grew its stake in shares of Emerson Electric by 3.0% during the fourth quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company’s stock valued at $291,000 after acquiring an additional 64 shares in the last quarter. Cary Street Partners Investment Advisory LLC lifted its stake in shares of Emerson Electric by 2.4% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 3,098 shares of the industrial products company’s stock worth $411,000 after acquiring an additional 72 shares in the last quarter. Zhang Financial LLC boosted its holdings in Emerson Electric by 2.7% in the fourth quarter. Zhang Financial LLC now owns 2,892 shares of the industrial products company’s stock valued at $384,000 after purchasing an additional 76 shares during the last quarter. Root Financial Partners LLC grew its stake in Emerson Electric by 3.6% during the 4th quarter. Root Financial Partners LLC now owns 2,227 shares of the industrial products company’s stock valued at $296,000 after purchasing an additional 78 shares in the last quarter. Finally, REAP Financial Group LLC increased its holdings in Emerson Electric by 4.4% during the 4th quarter. REAP Financial Group LLC now owns 1,892 shares of the industrial products company’s stock worth $251,000 after purchasing an additional 79 shares during the last quarter. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Wall Street Analysts Forecast Growth

EMR has been the topic of a number of recent analyst reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Emerson Electric in a research report on Friday, July 31st. DA Davidson raised their price target on shares of Emerson Electric from $145.00 to $155.00 and gave the stock a “neutral” rating in a research report on Monday. Barclays lifted their price target on shares of Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. Stephens increased their price objective on shares of Emerson Electric from $155.00 to $160.00 in a research note on Thursday, August 6th. Finally, BNP Paribas Exane raised their price objective on shares of Emerson Electric from $180.00 to $185.00 in a report on Thursday, August 6th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Emerson Electric presently has an average rating of “Moderate Buy” and a consensus target price of $167.39.

View Our Latest Stock Report on EMR

Insider Buying and Selling

In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the company’s 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 completion of the transaction, the chief executive officer directly owned 271,743 shares in the company, valued at $43,997,909.13. This represents a 3.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.23% of the stock is currently owned by insiders.

Emerson Electric Price Performance

Shares of NYSE:EMR opened at $158.30 on Thursday. The company has a market cap of $88.66 billion, a PE ratio of 34.64, a P/E/G ratio of 2.30 and a beta of 1.24. Emerson Electric Co. has a fifty-two week low of $122.64 and a fifty-two week high of $166.35. The firm has a 50-day simple moving average of $148.57 and a 200 day simple moving average of $143.49. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37.

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 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%. Emerson Electric’s revenue was up .0% on a year-over-year basis. During the same quarter last year, the company posted $1.52 earnings per share. 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, sell-side analysts anticipate that Emerson Electric Co. will post 6.56 EPS for the current year.

Emerson Electric Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be given a dividend of $0.555 per share. The ex-dividend date 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 currently 48.58%.

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

Want to see what other hedge funds are holding EMR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Emerson Electric Co. (NYSE:EMRFree Report).

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

Receive News & Ratings for Emerson Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerson Electric and related companies with MarketBeat.com's FREE daily email newsletter.