Emerson Electric Co. $EMR Shares Acquired by Cardinal Capital Management

Cardinal Capital Management boosted its position in Emerson Electric Co. (NYSE:EMR) by 3.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 91,537 shares of the industrial products company’s stock after acquiring an additional 3,125 shares during the period. Emerson Electric accounts for 1.7% of Cardinal Capital Management’s portfolio, making the stock its 14th largest position. Cardinal Capital Management’s holdings in Emerson Electric were worth $14,197,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in Emerson Electric during the 2nd quarter worth about $6,193,425,000. Bank of America Corp DE acquired a new position in Emerson Electric during the 2nd quarter valued at about $2,629,146,000. Bank of New York Mellon Corp bought a new position in shares of Emerson Electric in the 2nd quarter valued at about $659,000,000. Legal & General Group Plc bought a new position in shares of Emerson Electric in the 2nd quarter valued at about $613,846,000. Finally, Jupiter Topco LLC bought a new position in shares of Emerson Electric in the 2nd quarter valued at about $260,485,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Emerson Electric news, CEO Surendralal Karsanbhai sold 9,650 shares of the 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 sale, the chief executive officer directly owned 271,743 shares in the company, 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 document filed with the SEC, which is accessible through the SEC website. Insiders own 0.23% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. BNP Paribas Exane boosted their price target on shares of Emerson Electric from $180.00 to $185.00 in a research note on Thursday, August 6th. Royal Bank Of Canada lifted their target price on shares of Emerson Electric from $179.00 to $188.00 and gave the stock an “outperform” rating in a report on Wednesday, October 14th. Weiss Ratings upgraded shares of Emerson Electric from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Deutsche Bank Aktiengesellschaft increased their price target on Emerson Electric from $169.00 to $174.00 and gave the company a “hold” rating in a research note on Wednesday, September 30th. Finally, Stephens raised their price target on Emerson Electric from $155.00 to $160.00 in a research report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Emerson Electric currently has an average rating of “Moderate Buy” and an average price target of $172.17.

Emerson Electric Price Performance

Emerson Electric stock opened at $163.25 on Thursday. 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 firm has a market capitalization of $91.43 billion, a P/E ratio of 35.72, a PEG ratio of 2.20 and a beta of 1.21. The business has a 50-day moving average of $156.25 and a 200-day moving average of $147.55. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share 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 business had revenue of $4.87 billion for the quarter, compared to the consensus estimate of $4.80 billion. During the same period last year, the company posted $1.52 EPS. Emerson Electric’s revenue for the quarter 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. On average, equities analysts anticipate that Emerson Electric Co. will post 6.56 EPS for the current year.

Emerson Electric Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Friday, August 14th were paid a $0.5550 dividend. This represents a $2.22 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Friday, August 14th. Emerson Electric’s dividend payout ratio is presently 48.58%.

Emerson Electric Company 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.