Sawyer & Company Inc acquired a new stake in shares of Emerson Electric Co. (NYSE:EMR – Free Report) during the third quarter, HoldingsChannel reports. The fund acquired 18,683 shares of the industrial products company’s stock, valued at approximately $2,898,000.
A number of other large investors also recently bought and sold shares of the business. Atticus Wealth Management LLC purchased a new stake in shares of Emerson Electric during the 3rd quarter worth $210,000. Newman Dignan & Sheerar Inc. grew its stake in Emerson Electric by 6.0% in the third quarter. Newman Dignan & Sheerar Inc. now owns 11,419 shares of the industrial products company’s stock valued at $1,771,000 after purchasing an additional 648 shares during the last quarter. Diversify Advisory Services LLC grew its stake in Emerson Electric by 6.4% in the third quarter. Diversify Advisory Services LLC now owns 54,149 shares of the industrial products company’s stock valued at $8,780,000 after purchasing an additional 3,236 shares during the last quarter. DUTCH ASSET Corp raised its holdings in Emerson Electric by 8.0% in the third quarter. DUTCH ASSET Corp now owns 9,436 shares of the industrial products company’s stock worth $1,464,000 after purchasing an additional 702 shares in the last quarter. Finally, 55 North Private Wealth LLC raised its holdings in Emerson Electric by 16.9% in the third quarter. 55 North Private Wealth LLC now owns 1,763 shares of the industrial products company’s stock worth $273,000 after purchasing an additional 255 shares in the last quarter. Institutional investors own 74.30% of the company’s stock.
Emerson Electric Stock Up 2.3%
Shares of EMR stock traded up $3.69 during trading hours on Wednesday, reaching $164.15. 1,933,560 shares of the company’s stock were exchanged, compared to its average volume of 2,949,376. 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. The stock has a market cap of $91.94 billion, a PE ratio of 35.89, a PEG ratio of 2.20 and a beta of 1.21. The stock’s fifty day moving average price is $156.26 and its two-hundred day moving average price is $147.33.
Emerson Electric (NYSE:EMR – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, beating the consensus estimate of $1.68 by $0.03. The firm had revenue of $4.87 billion during the quarter, compared to analyst estimates 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 period last year, the firm posted $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 6.56 EPS for the current year.
Emerson Electric Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Friday, August 14th were issued a $0.5550 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.4%. Emerson Electric’s dividend payout ratio (DPR) is currently 48.58%.
Insider Activity
In other Emerson Electric news, CEO Surendralal Karsanbhai sold 9,650 shares of the firm’s stock in a transaction 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 transaction, the chief executive officer owned 271,743 shares of the company’s stock, valued at approximately $43,997,909.13. This trade represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.23% of the company’s stock.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on the stock. Wells Fargo & Company started coverage on shares of Emerson Electric in a report on Friday, September 25th. They issued an “overweight” rating and a $177.00 price target on the stock. Weiss Ratings upgraded shares of Emerson Electric from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Mizuho increased their target price on shares of Emerson Electric from $173.00 to $180.00 and gave the company an “outperform” rating in a research report on Thursday, October 15th. Citigroup raised their target price on shares of Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Finally, Stephens lifted their price target on shares of Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Emerson Electric has a consensus rating of “Moderate Buy” and a consensus target price of $172.17.
View Our Latest Analysis on EMR
Emerson Electric Profile
Emerson Electric Co (NYSE: EMR) is a global technology and engineering company that provides automation, control, and industrial technology solutions. Its offerings include measurement and analytical instruments, control systems, valves, regulators, software, and related services used to improve the safety, efficiency, and reliability of industrial operations.
The company serves customers across industries such as energy, chemicals, life sciences, food and beverage, manufacturing, and commercial and residential applications.
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