Pallas Capital Advisors LLC Takes Position in Emerson Electric Co. $EMR

Pallas Capital Advisors LLC acquired a new position in Emerson Electric Co. (NYSE:EMR) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 72,430 shares of the industrial products company’s stock, valued at approximately $10,368,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Performance Wealth Partners LLC bought a new stake in Emerson Electric during the second quarter valued at about $204,000. Deutsche Bank AG bought a new position in shares of Emerson Electric in the second quarter worth about $211,212,000. Perigon Wealth Management LLC purchased a new position in shares of Emerson Electric during the 2nd quarter valued at about $3,266,000. Commerzbank Aktiengesellschaft FI bought a new position in shares of Emerson Electric during the 2nd quarter valued at approximately $2,859,000. Finally, Phillips Wealth Planners LLC purchased a new stake in Emerson Electric in the 2nd quarter worth approximately $337,000. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total value of $1,562,431.50. Following 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 transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.23% of the stock is owned by corporate insiders.

Emerson Electric Price Performance

EMR stock opened at $162.06 on Tuesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90. The company’s fifty day moving average price is $146.78 and its 200-day moving average price is $143.19. Emerson Electric Co. has a one year low of $122.64 and a one year high of $166.35. The company has a market capitalization of $90.77 billion, a PE ratio of 35.46, a price-to-earnings-growth ratio of 2.43 and a beta of 1.24.

Emerson Electric (NYSE:EMR) last posted its 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 during the quarter, compared to analysts’ expectations of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. Emerson Electric’s quarterly revenue was up .0% on a year-over-year basis. During the same period last year, the company 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. On average, equities analysts anticipate that Emerson Electric Co. will post 6.55 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be paid a dividend of $0.555 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a yield of 1.4%. Emerson Electric’s dividend payout ratio is presently 48.58%.

Analyst Ratings Changes

EMR has been the topic of several analyst reports. Royal Bank Of Canada lifted their price target on shares of Emerson Electric from $169.00 to $179.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Stephens increased their price objective on shares of Emerson Electric from $155.00 to $160.00 in a research note on Thursday, August 6th. Sanford C. Bernstein lifted their target price on shares of Emerson Electric from $169.00 to $186.00 and gave the company an “outperform” rating in a research note on Friday. Wells Fargo & Company increased their price target on Emerson Electric from $135.00 to $155.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 7th. Finally, KeyCorp lowered their price objective on Emerson Electric from $185.00 to $170.00 and set an “overweight” rating on the stock in a research report on Monday, July 13th. Thirteen investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Emerson Electric has an average rating of “Moderate Buy” and a consensus price target of $166.96.

Emerson Electric 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.