Mystic Asset Management Inc. Purchases New Position in Emerson Electric Co. $EMR

Mystic Asset Management Inc. bought a new stake in Emerson Electric Co. (NYSE:EMR) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 3,431 shares of the industrial products company’s stock, valued at approximately $491,000.

A number of other large investors have also recently made changes to their positions in the business. Basso Capital Management L.P. bought a new position in shares of Emerson Electric in the 4th quarter valued at about $25,000. Allied Private Wealth LLC bought a new stake in Emerson Electric during the second quarter worth approximately $27,000. IFC & Insurance Marketing Inc. purchased a new stake in Emerson Electric during the fourth quarter valued at approximately $27,000. Motiv8 Investments LLC bought a new stake in shares of Emerson Electric in the 4th quarter valued at approximately $27,000. Finally, Ares Financial Consulting LLC bought a new stake in shares of Emerson Electric in the 4th quarter valued at approximately $29,000. 74.30% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on EMR shares. Citigroup boosted their target price on Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Daiwa Securities Group dropped their price objective on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a research note on Friday, May 15th. Wall Street Zen raised shares of Emerson Electric from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Weiss Ratings restated a “hold (c+)” rating on shares of Emerson Electric in a report on Friday, July 31st. Finally, HSBC lifted their price target on shares of Emerson Electric from $170.00 to $180.00 in a research note 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 company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $166.96.

Insider Transactions at Emerson Electric

In other Emerson Electric 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 value of $1,562,431.50. Following the transaction, the chief executive officer directly owned 271,743 shares in the company, valued at $43,997,909.13. This represents a 3.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.23% of the stock is currently owned by company insiders.

Emerson Electric Price Performance

EMR opened at $154.93 on Friday. The business has a fifty day moving average of $147.76 and a 200 day moving average of $143.36. The stock has a market cap of $86.78 billion, a P/E ratio of 33.90, a PEG ratio of 2.34 and a beta of 1.24. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37. Emerson Electric Co. has a 52-week low of $122.64 and a 52-week high of $166.35.

Emerson Electric (NYSE:EMR) last released its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.68 by $0.03. The business had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The business’s revenue for the quarter was up .0% compared to the same quarter last year. During the same period last year, the company earned $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. As a group, sell-side analysts anticipate that Emerson Electric Co. will post 6.55 EPS for the current year.

Emerson Electric Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 14th will be given a $0.555 dividend. This represents a $2.22 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Friday, August 14th. Emerson Electric’s payout ratio is 48.58%.

About Emerson Electric

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.