Emerson Electric (NYSE:EMR) CEO Sells $1,562,431.50 in Stock

Emerson Electric Co. (NYSE:EMRGet Free Report) CEO Surendralal Lanca Karsanbhai sold 9,650 shares of Emerson Electric 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 transaction, the chief executive officer owned 271,743 shares of the company’s stock, valued at approximately $43,997,909.13. This represents a 3.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

Emerson Electric Trading Down 0.7%

Emerson Electric stock opened at $163.07 on Friday. The firm has a market cap of $91.33 billion, a PE ratio of 35.68, a P/E/G ratio of 2.44 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 stock’s 50 day simple moving average is $146.32 and its two-hundred day simple moving average is $143.14. The company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37.

Emerson Electric (NYSE:EMRGet Free Report) last posted its earnings results 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 net margin of 13.83% and a return on equity of 17.58%. The firm had revenue of $4.87 billion during the quarter, compared to analyst estimates of $4.80 billion. During the same period in the previous year, the firm earned $1.52 EPS. The business’s quarterly 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. Analysts anticipate that Emerson Electric Co. will post 6.55 earnings per share for the current year.

Emerson Electric Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be paid a $0.555 dividend. This represents a $2.22 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, August 14th. Emerson Electric’s payout ratio is currently 48.58%.

Hedge Funds Weigh In On Emerson Electric

A number of hedge funds have recently made changes to their positions in EMR. Valtrion Capital Management LLC acquired a new stake in shares of Emerson Electric in the second quarter valued at approximately $785,000. Jupiter Topco LLC acquired a new position in Emerson Electric during the second quarter worth $260,485,000. ABS Investment Management LLC purchased a new stake in Emerson Electric in the 2nd quarter valued at $858,900,000. EFG International AG purchased a new stake in Emerson Electric in the 2nd quarter valued at $755,000. Finally, Ancora Advisors LLC acquired a new stake in shares of Emerson Electric in the 2nd quarter worth $746,000. Institutional investors and hedge funds own 74.30% of the company’s stock.

Wall Street Analyst Weigh In

EMR has been the topic of a number of recent analyst reports. Barclays increased their price target on Emerson Electric from $140.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. BNP Paribas Exane upped their target price on Emerson Electric from $180.00 to $185.00 in a research note on Thursday, August 6th. JPMorgan Chase & Co. upgraded Emerson Electric from a “neutral” rating to an “overweight” rating and set a $157.00 target price on the stock in a research report on Friday, July 17th. Weiss Ratings reissued a “hold (c+)” rating on shares of Emerson Electric in a report on Friday, July 31st. Finally, Daiwa Securities Group reduced their price objective on shares of Emerson Electric from $177.00 to $156.00 and set an “outperform” rating for the company in a research report on Friday, May 15th. Thirteen equities 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $166.96.

View Our Latest Analysis on Emerson Electric

About Emerson Electric

(Get 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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