7,239 Emerson Electric Co. $EMR Shares Bought by NTV Asset Management LLC

NTV Asset Management LLC raised its position in Emerson Electric Co. (NYSE:EMR) by 62.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,842 shares of the industrial products company’s stock after purchasing an additional 7,239 shares during the quarter. NTV Asset Management LLC’s holdings in Emerson Electric were worth $2,922,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Allied Private Wealth LLC purchased a new stake in shares of Emerson Electric during the 2nd quarter valued at approximately $27,000. Orion Capital Management LLC acquired a new position in Emerson Electric in the second quarter valued at approximately $29,000. Clal Insurance Enterprises Holdings Ltd purchased a new position in Emerson Electric in the second quarter worth approximately $30,000. MidFirst Bank purchased a new position in Emerson Electric in the second quarter worth approximately $31,000. Finally, Fiduciary Financial Advisors purchased a new position in Emerson Electric in the second quarter worth approximately $31,000. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Emerson Electric Price Performance

Emerson Electric stock opened at $161.74 on Friday. The company’s 50 day simple moving average is $156.14 and its 200-day simple moving average is $147.85. The company has a market capitalization of $90.59 billion, a price-to-earnings ratio of 35.39, a price-to-earnings-growth ratio of 2.22 and a beta of 1.21. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35. 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 (NYSE:EMR) last issued its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.68 by $0.03. The firm had revenue of $4.87 billion for 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 business’s revenue for the quarter was up .0% compared to the same quarter last year. During the same period in the prior year, the business 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. As a group, equities research analysts expect that Emerson Electric Co. will post 6.56 earnings per share for the current year.

Emerson Electric Dividend Announcement

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

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Sanford C. Bernstein raised their target price on Emerson Electric from $169.00 to $186.00 and gave the stock an “outperform” rating in a research note on Friday, August 14th. Rothschild & Co Redburn lifted their target price on Emerson Electric from $165.00 to $180.00 in a research report on Thursday, August 6th. HSBC upped their price target on Emerson Electric from $170.00 to $180.00 in a research note on Thursday, August 6th. Weiss Ratings upgraded Emerson Electric from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. Finally, Stephens raised their price objective on Emerson Electric from $155.00 to $160.00 in a research 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 given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $172.17.

Insider Buying and Selling

In other news, CEO Surendralal Karsanbhai sold 9,650 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total transaction of $1,562,431.50. Following the completion of the transaction, the chief executive officer directly owned 271,743 shares in the company, valued at $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 available at the SEC website. 0.23% of the stock is owned by company insiders.

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.