68,976 Emerson Electric Co. $EMR Shares Acquired by ProShare Advisors LLC

ProShare Advisors LLC increased its stake in shares of Emerson Electric Co. (NYSE:EMR – Free Report) by 5.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,269,934 shares of the industrial products company’s stock after acquiring an additional 68,976 shares during the quarter. ProShare Advisors LLC’s holdings in Emerson Electric were worth $196,967,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. PensionDanmark Pensionsforsikringsaktieselskab boosted its holdings in shares of Emerson Electric by 9.4% in the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 101,731 shares of the industrial products company’s stock valued at $14,563,000 after buying an additional 8,700 shares during the period. BlackRock Inc. bought a new position in shares of Emerson Electric in the 2nd quarter valued at $6,193,425,000. Corient Private Wealth LP bought a new position in Emerson Electric in the second quarter valued at about $129,817,000. Generali Investments Management Co LLC raised its holdings in Emerson Electric by 91.2% during the 2nd quarter. Generali Investments Management Co LLC now owns 31,339 shares of the industrial products company’s stock worth $4,486,000 after purchasing an additional 14,952 shares during the last quarter. Finally, Concurrent Investment Advisors LLC lifted its position in shares of Emerson Electric by 21.5% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 66,724 shares of the industrial products company’s stock valued at $9,552,000 after acquiring an additional 11,802 shares during the period. 74.30% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms recently commented on EMR. Royal Bank Of Canada upped their price objective on Emerson Electric from $179.00 to $188.00 and gave the company an “outperform” rating in a research note on Wednesday, October 14th. Mizuho upped their price target on shares of Emerson Electric from $173.00 to $180.00 and gave the company an “outperform” rating in a research report on Thursday, October 15th. Wall Street Zen raised Emerson Electric from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Emerson Electric from $169.00 to $174.00 and gave the stock a “hold” rating in a research note on Wednesday, September 30th. Finally, TD Cowen lifted their price target on shares of Emerson Electric from $150.00 to $170.00 and gave the stock a “hold” rating in a research note on Friday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Emerson Electric currently has a consensus rating of “Moderate Buy” and a consensus target price of $172.17.

Get Our Latest Stock Report on EMR

Emerson Electric Trading Down 3.6%

Shares of EMR stock opened at $164.54 on Friday. Emerson Electric Co. has a fifty-two week low of $122.64 and a fifty-two week high of $171.25. The company has a 50 day moving average price of $157.06 and a 200 day moving average price of $147.16. 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 stock has a market capitalization of $92.16 billion, a P/E ratio of 36.00, a price-to-earnings-growth ratio of 2.29 and a beta of 1.21.

Emerson Electric (NYSE:EMR – Get Free Report) last announced its earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.68 by $0.03. The business had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The company’s revenue for the quarter was up .0% compared to the same quarter last year. During the same period last year, the firm posted $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. Equities research analysts predict that Emerson Electric Co. will post 6.56 EPS for the current fiscal year.

Emerson Electric Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Friday, August 14th were paid a dividend of $0.5550 per share. The ex-dividend date was Friday, August 14th. This represents a $2.22 dividend on an annualized basis and a dividend yield of 1.3%. Emerson Electric’s dividend payout ratio (DPR) is currently 48.58%.

Insider Buying and Selling

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 value of $1,562,431.50. Following the completion of the sale, the chief executive officer directly owned 271,743 shares in the company, valued at approximately $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 can be accessed through this hyperlink. Corporate insiders own 0.23% of the company’s stock.

Emerson Electric Company Profile

(Free Report)

Emerson Electric Co (NYSE: EMR) is a global technology and engineering company that provides automation, control, and industrial technology solutions. Its offerings include measurement and analytical instruments, control systems, valves, regulators, software, and related services used to improve the safety, efficiency, and reliability of industrial operations.

The company serves customers across industries such as energy, chemicals, life sciences, food and beverage, manufacturing, and commercial and residential applications.

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

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