New York State Common Retirement Fund Has $102.54 Million Stake in Emerson Electric Co. $EMR

New York State Common Retirement Fund cut its stake in Emerson Electric Co. (NYSE:EMR) by 5.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 781,699 shares of the industrial products company’s stock after selling 42,500 shares during the quarter. New York State Common Retirement Fund’s holdings in Emerson Electric were worth $102,543,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of EMR. Vanguard Group Inc. boosted its holdings in Emerson Electric by 1.3% during the 2nd quarter. Vanguard Group Inc. now owns 54,129,898 shares of the industrial products company’s stock worth $7,217,139,000 after acquiring an additional 695,105 shares during the last quarter. State Street Corp lifted its position in shares of Emerson Electric by 3.0% during the second quarter. State Street Corp now owns 27,053,019 shares of the industrial products company’s stock valued at $3,606,979,000 after purchasing an additional 784,987 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Emerson Electric by 75.0% during the second quarter. JPMorgan Chase & Co. now owns 12,538,402 shares of the industrial products company’s stock worth $1,671,762,000 after purchasing an additional 5,371,585 shares during the last quarter. Geode Capital Management LLC grew its position in Emerson Electric by 0.7% in the 2nd quarter. Geode Capital Management LLC now owns 12,143,357 shares of the industrial products company’s stock worth $1,610,958,000 after purchasing an additional 89,192 shares in the last quarter. Finally, Nordea Investment Management AB increased its stake in Emerson Electric by 19.5% in the 2nd quarter. Nordea Investment Management AB now owns 9,195,005 shares of the industrial products company’s stock valued at $1,223,947,000 after buying an additional 1,499,000 shares during the last quarter. Institutional investors own 74.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on EMR. JPMorgan Chase & Co. upped their target price on Emerson Electric from $150.00 to $157.00 and gave the company a “neutral” rating in a report on Friday, January 16th. UBS Group upgraded Emerson Electric from a “neutral” rating to a “buy” rating and upped their price objective for the company from $131.00 to $168.00 in a research note on Monday, January 5th. Morgan Stanley raised their target price on Emerson Electric from $115.00 to $125.00 and gave the company an “underweight” rating in a research report on Friday, January 9th. TD Cowen lowered shares of Emerson Electric from a “buy” rating to a “hold” rating and set a $150.00 price target for the company. in a research report on Friday, January 9th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of Emerson Electric from $157.00 to $159.00 and gave the stock a “buy” rating in a report on Thursday, October 2nd. Ten research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $154.76.

Insider Activity

In related news, CEO Surendralal Lanca Karsanbhai sold 7,263 shares of the stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $133.00, for a total transaction of $965,979.00. Following the sale, the chief executive officer owned 196,292 shares of the company’s stock, valued at approximately $26,106,836. This represents a 3.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.23% of the company’s stock.

Emerson Electric Price Performance

NYSE EMR opened at $150.76 on Friday. The company has a quick ratio of 0.65, a current ratio of 0.88 and a debt-to-equity ratio of 0.41. The company has a market cap of $84.77 billion, a PE ratio of 37.32, a price-to-earnings-growth ratio of 2.40 and a beta of 1.26. Emerson Electric Co. has a 52 week low of $90.06 and a 52 week high of $152.50. The firm’s 50-day simple moving average is $139.11 and its two-hundred day simple moving average is $135.90.

Emerson Electric (NYSE:EMR) last posted its quarterly earnings results on Wednesday, November 5th. The industrial products company reported $1.62 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.62. The company had revenue of $4.86 billion for the quarter, compared to analyst estimates of $4.91 billion. Emerson Electric had a net margin of 12.73% and a return on equity of 15.87%. The company’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.48 earnings per share. Emerson Electric has set its FY 2026 guidance at 6.350-6.550 EPS and its Q1 2026 guidance at 1.400-1.400 EPS. Research analysts predict that Emerson Electric Co. will post 5.96 earnings per share for the current year.

Emerson Electric Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th were given a $0.555 dividend. This represents a $2.22 annualized dividend and a dividend yield of 1.5%. This is a boost from Emerson Electric’s previous quarterly dividend of $0.53. The ex-dividend date was Friday, November 14th. Emerson Electric’s dividend payout ratio (DPR) is presently 54.95%.

Emerson Electric declared that its board has approved a share repurchase plan on Wednesday, November 5th that permits the company to repurchase $0.00 in shares. This repurchase authorization permits the industrial products company to purchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

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.