Sequoia Financial Advisors LLC Purchases 5,053 Shares of Emerson Electric Co. $EMR

Sequoia Financial Advisors LLC grew its position in Emerson Electric Co. (NYSE:EMR) by 16.5% during the 2nd quarter, HoldingsChannel reports. The fund owned 35,733 shares of the industrial products company’s stock after purchasing an additional 5,053 shares during the period. Sequoia Financial Advisors LLC’s holdings in Emerson Electric were worth $5,115,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. PensionDanmark Pensionsforsikringsaktieselskab lifted its position in shares of Emerson Electric by 9.4% during the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 101,731 shares of the industrial products company’s stock worth $14,563,000 after purchasing an additional 8,700 shares during the last quarter. BlackRock Inc. purchased a new position in Emerson Electric in the 2nd quarter worth about $6,193,425,000. Fisher Asset Management LLC increased its stake in Emerson Electric by 14.8% in the 4th quarter. Fisher Asset Management LLC now owns 7,191,118 shares of the industrial products company’s stock worth $954,405,000 after buying an additional 928,548 shares during the period. Geode Capital Management LLC lifted its holdings in Emerson Electric by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 12,328,324 shares of the industrial products company’s stock valued at $1,628,638,000 after buying an additional 76,488 shares in the last quarter. Finally, Norges Bank purchased a new stake in Emerson Electric in the 4th quarter valued at about $1,050,040,000. 74.30% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. DA Davidson upped their target price 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. BNP Paribas Exane boosted their price target on Emerson Electric from $180.00 to $185.00 in a report on Thursday, August 6th. Stephens increased their price objective on Emerson Electric from $155.00 to $160.00 in a research note on Thursday, August 6th. Sanford C. Bernstein raised their price objective on Emerson Electric from $169.00 to $186.00 and gave the stock an “outperform” rating in a report on Friday, August 14th. Finally, Royal Bank Of Canada upped their target price on Emerson Electric from $169.00 to $179.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Thirteen equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $167.83.

Insider Activity

In related news, CEO Surendralal Karsanbhai sold 9,650 shares of the stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer directly owned 271,743 shares of the company’s stock, valued at $43,997,909.13. This trade represents a 3.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.23% of the stock is currently owned by company insiders.

Emerson Electric Price Performance

NYSE EMR opened at $152.07 on Friday. The company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $85.17 billion, a P/E ratio of 33.28, a P/E/G ratio of 2.23 and a beta of 1.24. Emerson Electric Co. has a 12-month low of $122.64 and a 12-month high of $166.35. The firm’s fifty day simple moving average is $150.39 and its two-hundred day simple moving average is $143.50.

Emerson Electric (NYSE:EMR) last announced 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. 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 for the quarter, compared to the consensus estimate of $4.80 billion. During the same period in the previous year, the business earned $1.52 EPS. The firm’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. Analysts forecast that Emerson Electric Co. will post 6.55 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Friday, August 14th were issued a dividend of $0.555 per share. The ex-dividend date was Friday, August 14th. This represents a $2.22 annualized dividend and a dividend yield of 1.5%. Emerson Electric’s dividend payout ratio is 48.58%.

Emerson Electric Profile

Emerson Electric Co is a global technology and engineering company that provides automation, control and software solutions for industrial customers. Its offerings help organizations monitor, manage and optimize operations, improve safety and reliability, and reduce energy use and emissions across complex facilities and production environments.

The company’s portfolio includes process control systems, industrial software, measurement and analytical instruments, control valves, regulators, industrial computers and related automation technologies.