Mitsubishi UFJ Asset Management Co. Ltd. Invests $201.10 Million in Emerson Electric Co. $EMR

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Emerson Electric Co. (NYSE:EMRFree Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,404,816 shares of the industrial products company’s stock, valued at approximately $201,099,000. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.25% of Emerson Electric as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. OneDigital Investment Advisors LLC bought a new position in Emerson Electric during the second quarter worth about $1,997,000. Plato Investment Management Ltd bought a new stake in shares of Emerson Electric in the second quarter valued at approximately $2,010,000. Bell Investment Advisors Inc purchased a new stake in shares of Emerson Electric during the 2nd quarter valued at approximately $197,000. AMG National Trust Bank purchased a new position in Emerson Electric in the 2nd quarter valued at approximately $1,443,000. Finally, Compass Capital Management Inc. purchased a new position in Emerson Electric in the 2nd quarter valued at approximately $311,000. 74.30% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Emerson Electric

In other news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the firm’s stock in a transaction on Tuesday, August 11th. The shares were 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 in the company, valued at approximately $43,997,909.13. This trade represents a 3.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.23% of the company’s stock.

Emerson Electric Price Performance

Shares of NYSE EMR opened at $162.06 on Tuesday. The stock’s 50-day simple moving average is $146.78 and its two-hundred day simple moving average is $143.19. Emerson Electric Co. has a twelve month low of $122.64 and a twelve month high of $166.35. The firm has a market capitalization of $90.77 billion, a P/E ratio of 35.46, a P/E/G ratio of 2.43 and a beta of 1.24. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.37.

Emerson Electric (NYSE:EMRGet Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.68 by $0.03. The firm had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. Emerson Electric had a return on equity of 17.58% and a net margin of 13.83%.The company’s revenue for the quarter was up .0% on a year-over-year basis. During the same quarter last year, the company posted $1.52 EPS. 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, equities analysts anticipate that Emerson Electric Co. will post 6.55 EPS for the current fiscal year.

Emerson Electric Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders 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 dividend yield of 1.4%. Emerson Electric’s dividend payout ratio is presently 48.58%.

Wall Street Analyst Weigh In

EMR has been the topic of a number of analyst reports. HSBC boosted their price objective on Emerson Electric from $170.00 to $180.00 in a research note on Thursday, August 6th. DA Davidson initiated coverage on Emerson Electric in a report on Tuesday, June 16th. They set a “neutral” rating and a $145.00 target price for the company. Stephens upped their price target on Emerson Electric from $155.00 to $160.00 in a research report on Thursday, August 6th. Rothschild & Co Redburn raised their price objective on shares of Emerson Electric from $165.00 to $180.00 in a research report on Thursday, August 6th. Finally, BMO Capital Markets boosted their price objective on shares of Emerson Electric from $157.00 to $175.00 in a research note on Thursday, August 6th. Thirteen investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $166.96.

Check Out Our Latest Stock Report on Emerson Electric

About Emerson Electric

(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.

See Also

Want to see what other hedge funds are holding EMR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Emerson Electric Co. (NYSE:EMRFree Report).

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

Receive News & Ratings for Emerson Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emerson Electric and related companies with MarketBeat.com's FREE daily email newsletter.