Emerson Electric Co. $EMR Stock: Foster Victor Wealth Advisors LLC Raises Position

Foster Victor Wealth Advisors LLC grew its holdings in Emerson Electric Co. (NYSE:EMR) by 2.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 160,548 shares of the industrial products company’s stock after purchasing an additional 3,094 shares during the period. Emerson Electric comprises about 1.2% of Foster Victor Wealth Advisors LLC’s investment portfolio, making the stock its 18th biggest holding. Foster Victor Wealth Advisors LLC’s holdings in Emerson Electric were worth $25,774,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Forvis Mazars Wealth Advisors LLC lifted its holdings in shares of Emerson Electric by 0.6% during the third quarter. Forvis Mazars Wealth Advisors LLC now owns 12,044 shares of the industrial products company’s stock valued at $1,868,000 after purchasing an additional 67 shares in the last quarter. Raiffeisen Bank International AG increased its holdings in Emerson Electric by 0.5% in the 2nd quarter. Raiffeisen Bank International AG now owns 14,777 shares of the industrial products company’s stock worth $2,110,000 after buying an additional 68 shares in the last quarter. Frank Rimerman Advisors LLC increased its holdings in Emerson Electric by 1.3% in the 3rd quarter. Frank Rimerman Advisors LLC now owns 5,526 shares of the industrial products company’s stock worth $857,000 after buying an additional 73 shares in the last quarter. Sapient Capital LLC raised its position in Emerson Electric by 1.6% in the 3rd quarter. Sapient Capital LLC now owns 4,850 shares of the industrial products company’s stock worth $752,000 after buying an additional 76 shares during the last quarter. Finally, Magnus Financial Group LLC raised its position in Emerson Electric by 3.9% in the 3rd quarter. Magnus Financial Group LLC now owns 2,053 shares of the industrial products company’s stock worth $318,000 after buying an additional 78 shares during the last quarter. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Insider Buying and Selling at Emerson Electric

In other news, CEO Surendralal Karsanbhai sold 9,650 shares of the business’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $161.91, for a total transaction of $1,562,431.50. Following the completion of the sale, the chief executive officer owned 271,743 shares of the company’s stock, valued at $43,997,909.13. The trade was a 3.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.23% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. JPMorgan Chase & Co. upped their target price on shares of Emerson Electric from $169.00 to $184.00 and gave the company an “overweight” rating in a research note on Friday, October 9th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Emerson Electric from $169.00 to $174.00 and gave the stock a “hold” rating in a research note on Wednesday, September 30th. TD Cowen raised their price target on Emerson Electric from $150.00 to $170.00 and gave the stock a “hold” rating in a research note on Friday, September 25th. Weiss Ratings raised Emerson Electric from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. Finally, DA Davidson upped their price objective on Emerson Electric from $145.00 to $155.00 and gave the company a “neutral” rating in a research report on Monday, August 24th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $172.17.

Emerson Electric Price Performance

Shares of NYSE:EMR opened at $163.25 on Thursday. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $91.43 billion, a PE ratio of 35.72, a price-to-earnings-growth ratio of 2.20 and a beta of 1.21. The firm’s 50 day moving average price is $156.25 and its 200-day moving average price is $147.55. Emerson Electric Co. has a twelve month low of $122.64 and a twelve month high of $166.35.

Emerson Electric (NYSE:EMR) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.68 by $0.03. The company 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%. The firm’s quarterly revenue was up .0% compared to the same quarter last year. During the same period in the previous year, the business 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. Equities research analysts expect that Emerson Electric Co. will post 6.56 EPS for the current year.

Emerson Electric Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Friday, August 14th were paid a dividend of $0.5550 per share. This represents a $2.22 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Friday, August 14th. Emerson Electric’s dividend payout ratio (DPR) is currently 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.