Legal & General Group Plc Buys 84,064 Shares of Emerson Electric Co. $EMR

Legal & General Group Plc raised its stake in Emerson Electric Co. (NYSE:EMR) by 2.1% during the 4th quarter, Holdings Channel reports. The fund owned 4,114,470 shares of the industrial products company’s stock after acquiring an additional 84,064 shares during the period. Legal & General Group Plc’s holdings in Emerson Electric were worth $546,072,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. Institute for Wealth Management LLC. raised its holdings in Emerson Electric by 1.6% in the 4th quarter. Institute for Wealth Management LLC. now owns 4,546 shares of the industrial products company’s stock valued at $603,000 after acquiring an additional 71 shares during the period. Cornell Pochily Investment Advisors Inc. raised its position in shares of Emerson Electric by 0.3% in the fourth quarter. Cornell Pochily Investment Advisors Inc. now owns 29,260 shares of the industrial products company’s stock valued at $3,883,000 after buying an additional 76 shares in the last quarter. Klingman & Associates LLC raised its position in shares of Emerson Electric by 1.4% in the fourth quarter. Klingman & Associates LLC now owns 5,680 shares of the industrial products company’s stock valued at $754,000 after buying an additional 78 shares in the last quarter. Unison Advisors LLC raised its position in shares of Emerson Electric by 0.4% in the third quarter. Unison Advisors LLC now owns 21,496 shares of the industrial products company’s stock valued at $2,820,000 after buying an additional 80 shares in the last quarter. Finally, Abbot Financial Management Inc. raised its position in shares of Emerson Electric by 0.5% in the third quarter. Abbot Financial Management Inc. now owns 17,594 shares of the industrial products company’s stock valued at $2,308,000 after buying an additional 80 shares in the last quarter. 74.30% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Barclays lifted their price target on shares of Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. HSBC lifted their price target on shares of Emerson Electric from $165.00 to $170.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Stephens lifted their price target on shares of Emerson Electric from $145.00 to $155.00 and gave the company an “equal weight” rating in a research report on Monday, February 9th. Wolfe Research lowered their price objective on shares of Emerson Electric from $176.00 to $169.00 and set an “outperform” rating for the company in a research report on Wednesday, April 8th. Finally, Loop Capital boosted their target price on shares of Emerson Electric from $155.00 to $180.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Twelve analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Emerson Electric has a consensus rating of “Hold” and a consensus target price of $163.24.

Emerson Electric Stock Performance

Shares of Emerson Electric stock opened at $136.51 on Tuesday. The company has a quick ratio of 0.64, a current ratio of 0.87 and a debt-to-equity ratio of 0.37. Emerson Electric Co. has a twelve month low of $114.91 and a twelve month high of $165.15. The stock has a market cap of $76.46 billion, a price-to-earnings ratio of 31.53, a P/E/G ratio of 2.18 and a beta of 1.26. The company’s fifty day moving average is $136.50 and its 200 day moving average is $139.34.

Emerson Electric (NYSE:EMR) last issued its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $1.54 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.01. Emerson Electric had a net margin of 13.35% and a return on equity of 17.18%. The company had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $4.59 billion. During the same quarter in the previous year, the firm posted $1.48 earnings per share. Emerson Electric’s revenue for the quarter was up 2.9% on a year-over-year basis. Emerson Electric has set its FY 2026 guidance at 6.450-6.550 EPS and its Q3 2026 guidance at 1.650-1.700 EPS. Sell-side analysts forecast that Emerson Electric Co. will post 6.49 EPS for the current year.

Emerson Electric Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 15th will be issued a $0.555 dividend. The ex-dividend date is Friday, May 15th. This represents a $2.22 annualized dividend and a yield of 1.6%. Emerson Electric’s payout ratio is presently 51.27%.

Insider Transactions at Emerson Electric

In related news, CEO Surendralal Lanca Karsanbhai sold 5,700 shares of the business’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $142.32, for a total value of $811,224.00. Following the transaction, the chief executive officer owned 281,393 shares in the company, valued at $40,047,851.76. The trade was a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.23% of the stock is currently owned by insiders.

Emerson Electric Company Profile

Emerson Electric Co is a global technology and engineering company that designs and manufactures products and provides services for industrial, commercial and consumer markets. Founded in 1890, the company is headquartered in St. Louis, Missouri, and has built a long-standing presence in automation, control and climate-related technologies. Emerson’s offerings are aimed at improving productivity, energy efficiency and reliability for a wide range of end markets.

Emerson operates through two principal platforms—Automation Solutions and Commercial & Residential Solutions—providing process automation systems, measurement and analytical instrumentation, valves and actuators, control software, and related aftermarket services, alongside products for heating, ventilation and refrigeration, residential and commercial climate controls, tools and storage solutions.