Haverford Trust Co Acquires New Position in Emerson Electric Co. $EMR

Haverford Trust Co bought a new position in Emerson Electric Co. (NYSE:EMR) in the 2nd quarter, HoldingsChannel reports. The fund bought 44,718 shares of the industrial products company’s stock, valued at approximately $6,401,000.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Rooted Wealth Advisors Inc. raised its holdings in shares of Emerson Electric by 3.0% during the fourth quarter. Rooted Wealth Advisors Inc. now owns 2,195 shares of the industrial products company’s stock worth $291,000 after purchasing an additional 64 shares during the period. Cary Street Partners Investment Advisory LLC boosted its holdings in shares of Emerson Electric by 2.4% in the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 3,098 shares of the industrial products company’s stock valued at $411,000 after buying an additional 72 shares during the period. Zhang Financial LLC raised its stake in Emerson Electric by 2.7% during the fourth quarter. Zhang Financial LLC now owns 2,892 shares of the industrial products company’s stock worth $384,000 after acquiring an additional 76 shares during the period. Klingman & Associates LLC lifted its holdings in Emerson Electric by 1.4% in the fourth quarter. Klingman & Associates LLC now owns 5,680 shares of the industrial products company’s stock worth $754,000 after acquiring an additional 78 shares during the last quarter. Finally, Root Financial Partners LLC boosted its stake in Emerson Electric by 3.6% in the fourth quarter. Root Financial Partners LLC now owns 2,227 shares of the industrial products company’s stock valued at $296,000 after acquiring an additional 78 shares during the period. Institutional investors and hedge funds own 74.30% of the company’s stock.

Emerson Electric Trading Up 1.6%

Emerson Electric stock opened at $157.21 on Friday. Emerson Electric Co. has a 52 week low of $122.64 and a 52 week high of $166.35. 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 firm has a market capitalization of $88.05 billion, a price-to-earnings ratio of 34.40, a P/E/G ratio of 2.34 and a beta of 1.24. The company has a 50 day moving average price of $148.04 and a 200 day moving average price of $143.46.

Emerson Electric (NYSE:EMR) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.68 by $0.03. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The firm had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. During the same period in the prior year, the business earned $1.52 EPS. The business’s revenue for the quarter was up .0% on a year-over-year basis. 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. Research analysts forecast that Emerson Electric Co. will post 6.55 EPS for the current year.

Emerson Electric Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be given a dividend of $0.555 per share. 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 dividend payout ratio (DPR) is presently 48.58%.

Insider Buying and Selling at Emerson Electric

In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total transaction of $1,562,431.50. Following the completion of the sale, the chief executive officer owned 271,743 shares in the company, valued at approximately $43,997,909.13. This represents a 3.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.23% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

EMR has been the topic of several recent research reports. Barclays raised their price target on Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Wells Fargo & Company boosted their price target on shares of Emerson Electric from $135.00 to $155.00 and gave the company an “equal weight” rating in a report on Thursday, May 7th. KeyCorp decreased their target price on shares of Emerson Electric from $185.00 to $170.00 and set an “overweight” rating for the company in a research report on Monday, July 13th. DA Davidson started coverage on Emerson Electric in a report on Tuesday, June 16th. They issued a “neutral” rating and a $145.00 price objective for the company. Finally, Citigroup lifted their price objective on shares of Emerson Electric from $174.00 to $182.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Thirteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $166.96.

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.