Van ECK Associates Corp Acquires 16,688 Shares of Emerson Electric Co. $EMR

Van ECK Associates Corp grew its stake in shares of Emerson Electric Co. (NYSE:EMRFree Report) by 78.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 37,838 shares of the industrial products company’s stock after buying an additional 16,688 shares during the quarter. Van ECK Associates Corp’s holdings in Emerson Electric were worth $5,417,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Brighton Jones LLC grew its position in Emerson Electric by 74.1% during the 4th quarter. Brighton Jones LLC now owns 11,392 shares of the industrial products company’s stock worth $1,412,000 after acquiring an additional 4,850 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in Emerson Electric in the first quarter valued at approximately $232,000. Caxton Associates LLP purchased a new stake in shares of Emerson Electric during the first quarter valued at approximately $275,000. Sivia Capital Partners LLC purchased a new position in shares of Emerson Electric in the second quarter worth $203,000. Finally, Jump Financial LLC raised its holdings in Emerson Electric by 121.5% during the 2nd quarter. Jump Financial LLC now owns 10,543 shares of the industrial products company’s stock valued at $1,406,000 after buying an additional 5,783 shares during the last quarter. Hedge funds and other institutional investors own 74.30% of the company’s stock.

Insider Buying and Selling

In other Emerson Electric news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the firm’s stock in a transaction on 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 transaction, the chief executive officer owned 271,743 shares of the company’s stock, valued at approximately $43,997,909.13. This trade represents a 3.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.23% of the company’s stock.

Emerson Electric Price Performance

EMR stock opened at $149.02 on Thursday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35. The firm has a 50-day moving average of $149.07 and a 200 day moving average of $143.37. The company has a market cap of $83.47 billion, a P/E ratio of 32.61, a PEG ratio of 2.22 and a beta of 1.24.

Emerson Electric (NYSE:EMRGet Free Report) last posted its quarterly earnings data 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. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The business had revenue of $4.87 billion for the quarter, compared to analysts’ expectations of $4.80 billion. During the same period in the previous year, the firm posted $1.52 EPS. The business’s revenue 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. On average, sell-side analysts forecast that Emerson Electric Co. will post 6.55 EPS for the current year.

Emerson Electric Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 14th will be issued a $0.555 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a yield of 1.5%. Emerson Electric’s dividend payout ratio is 48.58%.

Analyst Ratings Changes

A number of research firms have issued reports on EMR. Evercore decreased their price objective on shares of Emerson Electric from $190.00 to $185.00 and set an “outperform” rating on the stock in a research report on Monday. Rothschild & Co Redburn raised their target price on Emerson Electric from $165.00 to $180.00 in a research note on Thursday, August 6th. Morgan Stanley boosted their price target on Emerson Electric from $125.00 to $135.00 and gave the company an “underweight” rating in a report on Friday, August 28th. Stephens increased their price objective on Emerson Electric from $155.00 to $160.00 in a report on Thursday, August 6th. Finally, Daiwa Securities Group cut their price objective on Emerson Electric from $177.00 to $156.00 and set an “outperform” rating on the stock in a research report on Friday, May 15th. Thirteen analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $167.83.

Check Out Our Latest Stock Report on Emerson Electric

About Emerson Electric

(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.

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

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