Empowered Funds LLC acquired a new position in Emerson Electric Co. (NYSE:EMR – Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 58,828 shares of the industrial products company’s stock, valued at approximately $8,421,000.
Other hedge funds have also recently modified their holdings of the company. Basso Capital Management L.P. purchased a new position in shares of Emerson Electric during the fourth quarter valued at approximately $25,000. Allied Private Wealth LLC bought a new position in Emerson Electric during the 2nd quarter valued at approximately $27,000. IFC & Insurance Marketing Inc. purchased a new position in Emerson Electric during the fourth quarter valued at $27,000. Motiv8 Investments LLC purchased a new position in Emerson Electric during the fourth quarter valued at $27,000. Finally, Darwin Wealth Management LLC bought a new stake in Emerson Electric in the second quarter worth $29,000. Institutional investors own 74.30% of the company’s stock.
Analyst Ratings Changes
EMR has been the subject of several analyst reports. Weiss Ratings restated a “hold (c+)” rating on shares of Emerson Electric in a report on Friday, July 31st. BNP Paribas Exane increased their price objective on shares of Emerson Electric from $180.00 to $185.00 in a research report on Thursday, August 6th. BMO Capital Markets raised their price objective on shares of Emerson Electric from $157.00 to $175.00 in a research note on Thursday, August 6th. Wall Street Zen upgraded shares of Emerson Electric from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, Sanford C. Bernstein increased their price target on shares of Emerson Electric from $169.00 to $186.00 and gave the company an “outperform” rating in a report on Friday, August 14th. Thirteen investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Emerson Electric has a consensus rating of “Moderate Buy” and a consensus price target of $167.83.
Emerson Electric Stock Down 1.5%
EMR opened at $155.37 on Friday. The firm’s 50 day simple moving average is $148.79 and its two-hundred day simple moving average is $143.58. The company has a market capitalization of $87.02 billion, a PE ratio of 34.00, a PEG ratio of 2.31 and a beta of 1.24. Emerson Electric Co. has a 1-year low of $122.64 and a 1-year 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.
Emerson Electric (NYSE:EMR – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.68 by $0.03. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The firm had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. During the same quarter in the previous year, the firm posted $1.52 EPS. The company’s revenue for the quarter was up .0% compared to the same quarter last year. 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 forecast that Emerson Electric Co. will post 6.54 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. Stockholders 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 annualized dividend and a dividend yield of 1.4%. Emerson Electric’s dividend payout ratio (DPR) is 48.58%.
Insider Activity
In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $161.91, for a total value of $1,562,431.50. Following the completion of the sale, the chief executive officer directly owned 271,743 shares of the company’s stock, valued at approximately $43,997,909.13. This represents a 3.43% decrease in their position. The transaction 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.
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.
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