Texas Capital Bank Wealth Management Services Inc acquired a new position in Emerson Electric Co. (NYSE:EMR – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 11,925 shares of the industrial products company’s stock, valued at approximately $1,707,000.
Several other institutional investors have also added to or reduced their stakes in the company. Basso Capital Management L.P. bought a new position in shares of Emerson Electric during the fourth quarter valued at approximately $25,000. Allied Private Wealth LLC bought a new stake in shares of Emerson Electric during the 2nd quarter worth approximately $27,000. IFC & Insurance Marketing Inc. purchased a new position in Emerson Electric during the 4th quarter valued at $27,000. Motiv8 Investments LLC bought a new position in Emerson Electric in the 4th quarter valued at $27,000. Finally, Ares Financial Consulting LLC purchased a new stake in Emerson Electric in the fourth quarter worth $29,000. Institutional investors own 74.30% of the company’s stock.
Insider Transactions at Emerson Electric
In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of Emerson Electric stock in a transaction 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 transaction, the chief executive officer directly owned 271,743 shares in the company, valued at approximately $43,997,909.13. This trade represents a 3.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.23% of the company’s stock.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Report on EMR
Emerson Electric Stock Performance
Shares of Emerson Electric stock opened at $162.06 on Tuesday. The firm has a market cap of $90.77 billion, a P/E ratio of 35.46, a P/E/G ratio of 2.43 and a beta of 1.24. The company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. Emerson Electric Co. has a 12 month low of $122.64 and a 12 month high of $166.35. The stock’s fifty day moving average price is $146.78 and its 200-day moving average price is $143.19.
Emerson Electric (NYSE:EMR – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.68 by $0.03. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The company had revenue of $4.87 billion during the quarter, compared to analyst estimates of $4.80 billion. During the same period in the prior year, the firm earned $1.52 earnings per share. The firm’s revenue for the quarter was up .0% compared to the same quarter last year. 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 research analysts expect that Emerson Electric Co. will post 6.55 earnings per share for the current fiscal year.
Emerson Electric Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 14th will be issued a dividend of $0.555 per share. The ex-dividend date 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 currently 48.58%.
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.
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