Robeco Institutional Asset Management B.V. lowered its holdings in Emerson Electric Co. (NYSE:EMR – Free Report) by 8.9% during the third quarter, Holdings Channel reports. The fund owned 804,661 shares of the industrial products company’s stock after selling 78,610 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Emerson Electric were worth $124,803,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also recently made changes to their positions in EMR. Diversify Advisory Services LLC lifted its holdings in shares of Emerson Electric by 6.4% in the 3rd quarter. Diversify Advisory Services LLC now owns 54,149 shares of the industrial products company’s stock valued at $8,780,000 after buying an additional 3,236 shares during the period. DUTCH ASSET Corp boosted its stake in shares of 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 buying an additional 702 shares during the last quarter. 55 North Private Wealth LLC grew its holdings in Emerson Electric by 16.9% during the third quarter. 55 North Private Wealth LLC now owns 1,763 shares of the industrial products company’s stock worth $273,000 after acquiring an additional 255 shares during the period. Prime Capital Investment Advisors LLC grew its holdings in Emerson Electric by 41.2% during the third quarter. Prime Capital Investment Advisors LLC now owns 53,409 shares of the industrial products company’s stock worth $8,284,000 after acquiring an additional 15,579 shares during the period. Finally, Commonwealth Financial Services LLC acquired a new stake in Emerson Electric during the third quarter worth about $215,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.
Emerson Electric Trading Up 1.7%
Shares of Emerson Electric stock opened at $163.25 on Thursday. The firm has a 50-day simple moving average of $156.25 and a two-hundred day simple moving average of $147.55. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90. 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 market cap of $91.43 billion, a P/E ratio of 35.72, a price-to-earnings-growth ratio of 2.20 and a beta of 1.21.
Emerson Electric (NYSE:EMR – Get Free Report) last posted its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.68 by $0.03. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%. The firm had revenue of $4.87 billion for the quarter, compared to analysts’ expectations of $4.80 billion. During the same period last year, the firm earned $1.52 EPS. The company’s quarterly revenue was up .0% on a year-over-year basis. 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 predict that Emerson Electric Co. will post 6.56 earnings per share for the current fiscal year.
Emerson Electric Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Friday, August 14th were given a dividend of $0.5550 per share. The ex-dividend date was Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a yield of 1.4%. Emerson Electric’s dividend payout ratio is currently 48.58%.
Analysts Set New Price Targets
A number of research analysts have issued reports on EMR shares. HSBC boosted their price target on Emerson Electric from $170.00 to $180.00 in a report on Thursday, August 6th. Evercore lowered their price objective on Emerson Electric from $190.00 to $185.00 and set an “outperform” rating on the stock in a research report on Monday, August 31st. BNP Paribas Exane raised their price objective on shares of Emerson Electric from $180.00 to $185.00 in a research note on Thursday, August 6th. 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. Finally, Stephens lifted their target price on shares of Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $172.17.
Get Our Latest Analysis on EMR
Insider Transactions at Emerson Electric
In other Emerson Electric news, CEO Surendralal Karsanbhai sold 9,650 shares of the firm’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 value of $1,562,431.50. Following the sale, the chief executive officer directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.23% of the company’s stock.
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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