TD Waterhouse Canada Inc. Grows Position in Emerson Electric Co. $EMR

TD Waterhouse Canada Inc. raised its position in Emerson Electric Co. (NYSE:EMR) by 7.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 91,819 shares of the industrial products company’s stock after buying an additional 6,081 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Emerson Electric were worth $12,814,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of EMR. Basso Capital Management L.P. purchased a new position in Emerson Electric during the 4th quarter worth $25,000. Allied Private Wealth LLC purchased a new stake in shares of Emerson Electric in the second quarter valued at about $27,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of Emerson Electric during the fourth quarter worth about $27,000. Motiv8 Investments LLC purchased a new position in shares of Emerson Electric during the fourth quarter worth about $27,000. Finally, Orion Capital Management LLC purchased a new position in shares of Emerson Electric during the second quarter worth about $29,000. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Surendralal Karsanbhai sold 9,650 shares of the business’s stock in a transaction that occurred 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 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.23% of the company’s stock.

Analyst Upgrades and Downgrades

EMR has been the subject of a number of recent research reports. Wall Street Zen raised Emerson Electric from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. BMO Capital Markets increased their price target on Emerson Electric from $157.00 to $175.00 in a report on Thursday, August 6th. Evercore dropped 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 note on Monday, August 31st. KeyCorp reduced 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 note on Monday, July 13th. Finally, DA Davidson boosted their price target on shares of Emerson Electric from $145.00 to $155.00 and gave the stock a “neutral” rating in a research note on Monday, August 24th. Thirteen research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $167.83.

Emerson Electric Price Performance

Emerson Electric stock opened at $152.88 on Friday. The company has a market cap of $85.63 billion, a P/E ratio of 33.45, a price-to-earnings-growth ratio of 2.29 and a beta of 1.24. Emerson Electric Co. has a one year low of $122.64 and a one year high of $166.35. The business has a fifty day moving average of $149.35 and a two-hundred day moving average of $143.45. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.90.

Emerson Electric (NYSE:EMR) last posted its quarterly earnings results 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 business had revenue of $4.87 billion for the quarter, compared to analysts’ expectations of $4.80 billion. During the same period in the prior year, the company posted $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. As a group, analysts predict that Emerson Electric Co. will post 6.55 earnings per share for the current fiscal year.

Emerson Electric Dividend Announcement

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 $0.555 dividend. 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 1.5%. Emerson Electric’s dividend payout ratio (DPR) is 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.