Exchange Traded Concepts LLC Increases Holdings in Emerson Electric Co. $EMR

Exchange Traded Concepts LLC lifted its holdings in Emerson Electric Co. (NYSE:EMRFree Report) by 15.1% in the second quarter, HoldingsChannel.com reports. The fund owned 369,324 shares of the industrial products company’s stock after buying an additional 48,316 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Emerson Electric were worth $52,869,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Basso Capital Management L.P. purchased a new stake in Emerson Electric during the 4th quarter valued at approximately $25,000. Allied Private Wealth LLC purchased a new position in shares of Emerson Electric in the second quarter worth $27,000. IFC & Insurance Marketing Inc. bought a new position in shares of Emerson Electric during the fourth quarter worth $27,000. Motiv8 Investments LLC purchased a new position in Emerson Electric during the fourth quarter valued at $27,000. Finally, Ares Financial Consulting LLC bought a new stake in Emerson Electric in the 4th quarter valued at $29,000. Institutional investors own 74.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Barclays increased their price objective on shares of Emerson Electric from $140.00 to $144.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. JPMorgan Chase & Co. upgraded Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 target price on the stock in a research report on Friday, July 17th. Rothschild & Co Redburn increased their price target on Emerson Electric from $165.00 to $180.00 in a research note on Thursday, August 6th. KeyCorp reduced their price objective on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a research note on Monday, July 13th. Finally, BMO Capital Markets increased their target price on Emerson Electric from $157.00 to $175.00 in a research report on Thursday, August 6th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Emerson Electric presently has an average rating of “Moderate Buy” and an average target price of $166.96.

View Our Latest Stock Report on EMR

Insider Activity at Emerson Electric

In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer directly owned 271,743 shares in the company, valued at approximately $43,997,909.13. This represents a 3.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.23% of the company’s stock.

Emerson Electric Price Performance

NYSE:EMR opened at $163.07 on Friday. The firm has a market capitalization of $91.33 billion, a price-to-earnings ratio of 35.68, a PEG ratio of 2.44 and a beta of 1.24. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66. The business has a 50 day simple moving average of $146.32 and a 200-day simple moving average of $143.14. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35.

Emerson Electric (NYSE:EMRGet Free Report) last released its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.68 by $0.03. The company had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.Emerson Electric’s quarterly revenue was up .0% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. Equities analysts forecast that Emerson Electric Co. will post 6.55 EPS for the current year.

Emerson Electric Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 14th will be issued a $0.555 dividend. This represents a $2.22 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, August 14th. Emerson Electric’s dividend payout ratio (DPR) is 48.58%.

Emerson Electric Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Emerson Electric (NYSE:EMR)

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